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THIS PROPERTY IS NO LONGER AVAILABLE

2 bed Terraced House For Auction
Florence Street, Burnley, Lancashire, BB11

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

Key Features

  • TO BE SOLD UNDER AUCTION TERMS
  • GREAT BUY TO LET INVESTMENT
  • TENANTS IN SITU
  • POPULAR LOCATION
  • LONG STANDING TENANTS

Full Description

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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

Important Information

  • Council Tax Band: A
  • Tenure: Leasehold
  • Years Remaining on the Lease: 864
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Floorplan for Florence Street, Burnley, Lancashire

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