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Property Listing Details

Property details

  • 2 bedrooms
  • 1 bathroom
  • 2 reception rooms

Features

  • Leasehold
  • Great Buy To Let Investment
  • Ideal For First Time Buyers
  • Below Market Value Price
  • Highly Sought After Location For Rental Demand
  • Close To All Amenities and Schools

Listing view statistics

Last 30 days: 190 page views

Since listed: 190 page views

Description

A perfect Buy to Let Investment or first time buyer opportunity - A 2 bedroom mid terraced house located at the top of Nairne Street in the Coal Clough area of Burnley.

Internally the property briefly comprises of 2 spacious lounge/ reception rooms, a fitted kitchen, 2 double bedrooms, large 3 piece family bathroom and externally there is a enclosed yard to the rear of the house.

For investors looking to purchase you can expect to generate a monthly rental of £425 per calendar month in this location offering an annual yield of £5,100 / 11.33% based upon the asking price of £45,000.

There are a number of nurseries, schools, shops, medical facilities and excellent transport links within a couple of minutes walk of the property.

The property has been in the same family for many years and is a reluctant sale purely for health reasons. There is a need for modernisation which is reflected in the below market value price.

A must view at a price of just £45,000.

Full Details

Lounge/ Reception Room - Front (3.20 x 3.15)

Rear Lounge (4.85 x 4.32)

Kitchen (2.89 x 2.91)

Bedroom One (4.32 x 3.18)

Bedroom Two (4.85 x 2.10)

Bathroom (3.18 x 1.75)

You could get

Ultrafast broadband Ultrafast broadband

Up to 200 Mbps (Source: Ofcom)

Map & Nearby

Local Amenities

  • Burnley Barracks 0.5 miles
  • Burnley Manchester Road 0.5 miles
  • Coal Clough Academy 0.1 miles
  • Burnley Holy Trinity Church of England Primary School 0.2 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Burnley Barracks 0.5 miles
  • Burnley Manchester Road 0.5 miles
  • Coal Clough Academy 0.1 miles
  • Burnley Holy Trinity Church of England Primary School 0.2 miles

Market stats

Sale activity

Average estimated value for a house in BB11:

  • £75,806
  • Price increase

  • £690
  • (0.919%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £65,181
  • Properties sold

    165

Rental opportunities

Looking for an investment? The average rent for a 2 bedroom house in BB11 is currently:

£394 pcm

Recent sales nearby

See all recent sales in BB11
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Estimated running costs

Based on available 3rd party data

Mortgage calculator

£ per month

How much could I borrow?

In partnership with

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

The Agent

Price history

Sold prices provided by Land Registry
28th Nov 2019 £45,000 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by Kay and Sons. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Kay and Sons for full details and further information.