Summary - 13 13 St. Matthew Street, Burnley, BB11 BB11 4JU
4 bed 3 bath House of Multiple Occupation
**Standout Features:**
- **HMO Buy-to-Let Opportunity:** Currently occupied with long-term tenants.
- **Investment Potential:** Annual gross income of £21,120.
- **Sizeable:** 4 bedrooms and 3 bathrooms across 926 sq ft.
- **Location:** Close to various amenities in Burnley, BB11 4JU.
- **Freehold Property.**
- **Cash Offer Only.**
This classic Victorian mid-terraced house in Burnley presents a lucrative buy-to-let opportunity for serious investors and developers. With its current configuration as a House of Multiple Occupation (HMO), the property boasts four bedrooms, three bathrooms, and an ensuite, making it ideal for generating consistent rental income. Currently yielding an impressive annual return of £21,120, this residence not only meets today's rental demand but also offers a promising investment potential in a sought-after rental area.
While the location provides easy access to essential amenities, the property is situated in a region with high crime rates and displays characteristics of urban deprivation; therefore, it's essential for potential buyers to conduct thorough due diligence. The home showcases traditional period features, yet it exhibits some restoration opportunities, catering to those willing to enhance its charm further. Growth potential for renovators is clear, making this an exclusive chance for strategic investors seeking to expand their portfolios. Don't let this unique investment slip away—properties with such advantageous income prospects in Burnley are rare!
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