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THIS PROPERTY IS NO LONGER AVAILABLE

2 bed Terraced House For Auction
Prescott Street, Burnley, Lancashire, BB10

£48,000
Starting Bid
  • Property at Prescott Street, Burnley, Lancashire

Key Features

  • TO BE SOLD BY ONLINE AUCTION
  • UNLESS SOLD PRIOR UNDER AUCTION TERMS.
  • CURRENT AST AT £7,200 PER ANNUM
  • POTENTIAL INCREASE TO £8,400 PER ANNUM

Full Description

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TO BE SOLD BY ONLINE AUCTION ON 15th NOVEMBER 2023 UNLESS SOLD PRIOR UNDER AUCTION TERMS.

8 PRESCOTT STREET , BURNLEY BB10 4DT.

Tenanted and not inspected by Edward Mellor. Gas central heating and double glazing. Let on a AST at £600 per calendar month. The tenants have expressed a desire to remain in situ. Please respect their privacy.

An excellent investment opportunity for buy-to-let investors seeking to expand their portfolio. With a current annual income of £7,200 PA and a potential increase to £8,400 PA, this property is ideal for those aiming to achieve a reliable and steady return on their investment.

The local area presents a compelling prospect for investors exploring buy-to-let properties. Abundant with amenities and a robust transportation infrastructure with road and rail networks, it emerges as an exceptional strategic investment hub. Local conveniences, from retail outlets to educational institutions, amplify its attractiveness for both residents and prospective tenants, rendering it an investor-savvy destination.

Here are a handful of similar properties taken from land registry which have sold close by:

129 Brunshaw Road Burnley BB10 4DA- Sold - 14/10/2022- £105,000 Terraced 2 beds 0.02 mi

5 Mizpah Street Burnley BB10 4DD-Sold - 04/08/2022- £110,000 Terraced 3 beds 0.06 mi

14 Hinton Street Burnley BB10 4EB-Sold - 29/07/2022 £97,000 Terraced 0.06 m

Rental values in the area are in the region of £700 pcm.

Important Information

  • Council Tax Band: A
  • Tenure: Leasehold
  • Years Remaining on the Lease: 871
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