Summary - 23 IVY STREET BURNLEY BB10 1TA
1 bed 1 bath Terraced
Compact buy-to-let with immediate rental income and long lease.
Long-term tenant in place producing £6,000 pa gross income
A compact Victorian terraced house in central Burnley, offered as an established buy-to-let with a long-term tenant in situ. The property generates a current gross rental income of £6,000 per year against a guide price of £55,000, giving a strong gross yield for investors.
The house is leasehold with approximately 860 years remaining and offers simple street-level access, on-street parking and use of a shared rear garden. The accommodation is small (around 495 sq ft), with one bedroom, one bathroom and a bright reception room described as well-kept but basic.
Material points for buyers: the area records high crime and very high deprivation indices, so this is primarily an investor-focused opportunity rather than a lifestyle move. The building appears structurally traditional and service condition is unknown; cosmetic updating and checks on electrics, heating and roof are recommended. A buyer’s premium applies on sale.
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