**Standout Features:**
- Type: Victorian Terraced House
- Size: 679 sq ft, 2 bedrooms, 1 bathroom
- Price: £60,000, sold with tenant in situ
- Rental income: £434/month
- Ideal location near Burnley Hospital, local shops, and public transport
- Enclosed rear yard
- Double glazed windows and mains gas heating
- Long-term tenant of over 20 years
**Potential Concerns:**
- Interior needs modernization
- Located in a deprived area with above-average crime rates
- No insulation in walls
This Victorian terraced house represents an excellent investment opportunity, ideal for first-time buyers or those looking to expand their rental portfolio. With 679 sq ft of space that includes a living room, dining kitchen, and two double bedrooms, the property boasts a tenant who has resided there for over two decades, currently paying £434 per calendar month.
The home is conveniently located off Briercliffe Road, providing easy access to local shops, bus services, and Burnley Hospital, enhancing its rental appeal. While modernization is required to capitalize on its charm and potential, the property offers a solid foundation with double glazing and gas central heating.
However, interested buyers should note the house's current condition and its placement in a deprived area with higher crime rates. With two good-rated primary schools nearby and a strong future rental demand, don’t miss the chance to make this sound investment your own. Act quickly, as opportunities like this in a sought-after location won't last long!
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