Summary - 10 WILLOW STREET BURNLEY BB12 0RE
2 bed 1 bath Terraced
Two-bed terraced buy-to-let with tenant in situ — auction sale, repair and upgrade potential.
Two-bedroom mid-terrace offering immediate rental income at £450pcm
A compact two-bedroom mid-terrace in Burnley offered at auction — a clear buy-to-let/refurbishment opportunity. The property is tenanted at £450pcm, providing immediate income, and is being sold leasehold with 750 years remaining. Bidding opens and closes via national online auction (registration required).
The house retains period mid-terrace character and has mains gas central heating with radiators and double glazing (install date unknown). Accommodation includes lounge, open kitchen/diner, two bedrooms, bathroom and a rear yard. EPC is listed as E (expired) and the building is likely solid stone/brick with assumed no cavity insulation, so thermal improvements may be needed.
Important negatives: the area is recorded as very deprived with very high crime levels, which will affect tenant demand and rental values. A £3,600 administration/service fee is payable on exchange (stated as average). The property is sold with a tenant in situ — purchasers must check tenancy terms and legal pack before bidding.
This is best suited to investors or experienced refurbishers who can manage a tenant-held sale in a challenging local market. Potential upside comes from improving energy performance and modernising the interior to push rent toward market levels, but factor in local demand and the service/administration costs shown in the legal pack.
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