Book a FREE Valuation > My Favourites Contact Us


THIS PROPERTY IS NO LONGER AVAILABLE

5 bed Block of Flats For Auction
Herbert Street, Burnley, Lancashire, BB11

£99,000
Starting Bid
  • Property at Herbert Street, Burnley, Lancashire
  • Property at Herbert Street, Burnley, Lancashire
  • Property at Herbert Street, Burnley, Lancashire
  • Property at Herbert Street, Burnley, Lancashire
  • Property at Herbert Street, Burnley, Lancashire
  • Property at Herbert Street, Burnley, Lancashire
  • Property at Herbert Street, Burnley, Lancashire
  • Property at Herbert Street, Burnley, Lancashire
  • Property at Herbert Street, Burnley, Lancashire
  • Property at Herbert Street, Burnley, Lancashire
  • Property at Herbert Street, Burnley, Lancashire

Key Features

  • TO BE SOLD BY ONLINE AUCTION
  • VACANT POSSESION
  • FOUR SEPERATLEY MEASURED SELF-CONTAINED FLATS
  • POTENTIAL 22% YIELD BASED OFF GUIDE PRICE
  • HUGE RENTAL INCOME POTENTIAL
  • ATTENTION INVESTORS & LANDLORDS

Full Description

View this property on a map

FOR SALE BY ONLINE AUCTION ON 12TH FEBRUARY 2025 UNLESS SOLD PRIOR UNDER AUCTION TERMS

Flat 1-4, 31-33 HERBERT STREET, BURNLEY, BB11 4JX

An excellent buy-to-let investment opportunity, comprising four self-contained flats, all offered with vacant possession.

Previously, each flat was let for £475 per month, £22,800 a year providing a strong rental income and an impressive 22% rental yield based on the current guide price.


Please note that the property has not been inspected by Edward Mellor, Photos have been provided by the vendor.


The property reportedly comprises three one-bedroom flats and one two-bedroom flat, each separately metered and each with a 3 piece bathroom and lounge.


Similar properties in the area achieve rental values of approximately £500-£600 per month per flat, making this a highly attractive investment.

EPC Rating: D. Sold as seen.


The property is conveniently situated close to bus routes, local schools, and amenities, with excellent transport links to Pendle, Rossendale, Accrington, and major motorway connections.

Important Information

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

Before buying at Auction, it is essential that you read our Notice to Prospective Buyers and the Common Auction Conditions.

You must not bid unless you have made yourself fully aware of the auction process. If you require help with this, please contact a member of the auction team.

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.

Energy Performance Certificate
Floorplan for Herbert Street, Burnley, Lancashire

Auction Office

65-81 St Petersgate
Stockport
Cheshire
SK1 1DS

Opening hours today:09:00 - 13:00
Currently Closed
 0161 443 4740
Telephone opening:09:00 - 13:00
Lines Closed
More About Our Auction Branch