Summary - 71 ATHOL STREET SOUTH BURNLEY BB11 4PA
4 bed 1 bath Terraced
Newly renovated 4-bed HMO with immediate income potential in Burnley.
4-bed HMO — four rentable bedrooms, communal kitchen and one bathroom
Advertised potential rental income £20,000 per year
Newly renovated interior; modern kitchen, double glazing
Small total size (~872 sq ft) and small rear yard
Single bathroom for four bedrooms may affect tenant turnover
Located in very deprived area with high local crime levels
Mains gas boiler and fast broadband; excellent mobile signal
Tenure unknown; check HMO licensing and regulatory requirements
This compact four-bedroom mid-terrace on Athol Street South is presented as a fully renovated, ready-to-rent HMO aimed at landlords seeking immediate income. The property occupies a small footprint (approximately 872 sq ft) in a Victorian brick terrace and combines period exterior character with a modernised interior, including a fitted kitchen and double glazing.
Its strengths are clear for an investor: four rentable rooms, a communal kitchen, and an advertised potential rental income of £20,000 per year. Practical fixtures include mains gas central heating (boiler and radiators), fast broadband and excellent mobile signal — features attractive to working tenants and students.
There are notable downsides to weigh. The house sits in a very deprived area with high local crime levels and constrained renter demographics; these factors can affect voids, management costs and insurance premiums. Accommodation is compact with just one bathroom and a small rear yard; room sizes and single-bathroom configuration could limit tenant mix and require careful tenancy planning. Tenure is unknown and any HMO licensing or regulatory requirements should be confirmed before purchase.
For an investor prepared for active management, this property offers a turnkey HMO opportunity with immediate income potential. For buyers prioritising low-crime neighbourhoods, larger living spaces or owner-occupation, this location and layout will be less suitable.
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