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THIS PROPERTY IS NO LONGER AVAILABLE

2 bed End Terrace House For Auction
Bright Street, Padiham,, Burnley, Lancashire, BB12

£35,000
Starting Bid
  • Property at Bright Street, Padiham,, Burnley, Lancashire
  • Property at Bright Street, Padiham,, Burnley, Lancashire
  • Property at Bright Street, Padiham,, Burnley, Lancashire

Key Features

  • TO BE SOLD VIA ONLINE AUCTION
  • INVESTMENT POTENTIAL
  • BUY TO LET
  • FREEHOLD
  • CENTRAL LOCATION
  • OPEN TO PRE AUCTION OFFERS
  • For Auction on 24th January 2024
  • Lot 45

Full Description

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TO BE SOLD BY ONLINE AUCTION ON 24TH JANUARY 2024 UNLESS SOLD PRIOR UNDER AUCTION TERMS.

29 Bright Street, Padiham, Burnley BB12 8RA.


Nestled in the heart of Padiham, Burnley, this tenanted two-bedroom mid-terrace property presents an ideal opportunity for savvy investors seeking a buy-to-let investment with the potential for substantial value enhancement through modernisation.


Edward Mellor Auction has not inspected it but it is reported to comprise two bedrooms, a spacious living area, a kitchen, and a bathroom. The tenancy agreement states a rental amount of £400 per calendar month please refer to the legal pack for further details. The market rental amount for similar properties is approximately £600 per calendar month.


Padiham boasts a rich history and a close-knit community. Its proximity to Burnley town centre provides residents with access to a wide array of amenities, schools, and leisure options. With its affordable housing market and growing popularity among tenants, Padiham offers a compelling investment proposition.


Comparable properties

17 Burns Street, Padiham, BB12 7EW - Sold 27/09/2023 £85,000 2 bed, Terrace

45 Peel Street, Padiham, BB12 8RP - Sold 11/09/2023 £98,000 2 Bed, Terrace

1 Canning Street, Padiham, BB12 7EZ - Sold 18/07/2023 £79,200 2 bed, Terrace

Important Information

  • Council Tax Band: A
  • Tenure: Freehold
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