Guide price
£20,000
2 bed terraced house for sale41 Reed Street, Burnley BB11
2 beds
EPC Rating: D
- Auction
- Leasehold
McHugh & Co
.png)
About this property
Lot 275 **for sale by online auction** on 17th September 2025
Leasehold House Investment
Situated off Parliament Street, close to the amenities available in Burnley Town Centre including Burnley Manchester Road and Burnley Central Stations. Thompson Park is also nearby.
A Terrace House requiring modernisation with accommodation arranged on Two Floors believed to comprise:
First Floor
Bedroom (One)
Bedroom (Two)
Bathroom/WC
Ground Floor
Reception Room
Dining Room
Kitchen
Yard at Rear
Let on an Assured Shorthold Tenancy at £400 per calendar month.
Leasehold for a term of 999 years from 12th October 1884 (thus having approximately 858 years unexpired).
Producing £4,800 Per Annum
EPC Rating
D
Council Tax Band
A
*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide. Guide prices will be continually updated on our website up until the day of the auction.
There is a buyers fee payable to McHugh & Co of £1,200 incl. VAT for lots sold over £10,000. Lots sold for less than £10,000 a buyers fee of £300 incl. VAT is to be paid to McHugh & Co.
The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the special conditions of sale available in the legal documentation. Buyers are deemed to bid in full knowledge of this.
Zoopla insights
Sign in and gain expert analysis to make informed decisions.
More information
Tenure
Leasehold (858 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review