2 bed Terraced House For Auction
Bright Street, Padiham, Burnley, BB12

TO BE SOLD BY ONLINE AUCTION ON 12TH FEBRUARY 2025 UNLESS SOLD PRIOR UNDER AUCTION TERMS.

7 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 to add value 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 £650 per calendar month.

Here are some similar properties taken from Land Registry which have sold close by:

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

Padiham is a charming town steeped in history, with a strong sense of community. Its convenient location near Burnley town centre provides easy access to a range of amenities, schools, and leisure facilities. Known for its affordability and increasing appeal to tenants, Padiham is an attractive choice for property investors.

A notice to take remedial action has been added to the legal pack.

EPC rating: C

Sold as seen.

You may download, store and use the material for your own personal use and research. You may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the website owner's express prior written consent. The website owner's copyright must remain on all reproductions of material taken from this website.