Offers over
£85,000
(£93/sq. ft)
3 bed terraced house for saleMitella Street, Burnley BB10
3 beds
1 bath
2 receptions
911 sq. ft
EPC Rating: D
- Freehold
Move Places
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About this property
Buy to let investors only-sold with tenant in situ
Current Rent £595 pcm Current Gross Yield 7.9% pa
Tenure-Now Freehold
Council Tax Band A
EPC d-Potential B
On Street Parking (Unallocated)
Private Rear Yard
Potential Rent £675 pcm Potential Gross Yield 9% pa
3/-4 Bedrooms or 1-2 Reception Rooms
Tenants in Situ since 2022
Priced to sell
freehold
buy to let investors only-sold with tenants in situ
This deceptively spacious three-bedroom mid-terraced house offers an excellent investment opportunity for buy-to-let investors, as being sold with a tenant in situ. The property is currently achieving a rent of £595 per calendar month (pcm), providing a gross yield of 7.9 percent per annum, with the potential to increase to £675 pcm and a gross yield of 9 percent per annum. The accommodation is flexible and can be configured as three or four bedrooms, or alternatively as one or two reception rooms, depending on your requirements. The home is arranged over two floors and features a spacious living area, a modern fitted kitchen, and a well-appointed bathroom. The property benefits from now being freehold, It falls within Council Tax Band A and has an EPC rating of D, with the potential to improve to a B.
Externally, the property enjoys a private rear yard, offering a secure outdoor space for relaxing. On-street parking is available (unallocated), ensuring convenient access for residents and visitors. The location is well situated for local amenities, public transport links, and schools, further enhancing the appeal for tenants. This property represents an attractive investment prospect, combining strong rental returns with long leasehold tenure and manageable running costs. Early viewing is highly recommended to appreciate the potential and versatility this home has to offer.
Nb. In accordance with Section 21 of the Estate Agent Act 1979, we declare that there is a personal interest in the sale of this property. The property is being sold by Director’s of Move Places Ltd.
1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Mp has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Mp has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
A Buyer’s Reservation Fee forms part of any agreed purchase price. Please contact branch for more information.
EPC Rating: D
Location
64 Mitella Street, Burnley, BB10 4EN
Parking - On Street
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