TO BE SOLD BY ONLINE AUCTION ON 24TH JULY 2024 UNLESS SOLD PRIOR UNDER AUCTION TERMS.
28 Florence Street, Burnley BB11 5EQ
Well maintained with long standing tenants and comprises; lounge, kitchen, two bedrooms and bathroom. Currently achieving £382.50 PCM. The tenants have expressed a desire to remain in situ. Rent statement has been requested. Internal photos on request.
A great investment opportunity in a popular residential area. Similar properties in the area are currently commanding rental rates in the region of £575 - £600 pcm, presenting an opportunity for a potential rent increase.
Conveniently located close to bus routes, local schools, and amenities, as well as transport links to Accrington, Pendle, Rossendale, and major motorway links, this property is in a sought-after location among renters.
Here are a handful of similar sold properties which highlight the potential to be unlocked:
Lubbock Street, Lancashire, BB12 SSTC - 10/05/2024 £75,000 Terraced 2 beds
14, Prestwich Street, BB11 4NZ - SSTC - 07/05/2024 £75,000 Terraced 2 beds0.45 mi
11, Prestwich Street, BB11 4NZ- SSTC - 12/04/2024 £80,000 House 2 beds0.47 mi
Rental values in the area are in the region of £575-600pcm
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65-81 St Petersgate
Stockport
Cheshire
SK1 1DS