2 bed flat for sale

Castlerigg Drive, Burnley BB12

Castlerigg Drive, Burnley, Bb12 8At

An excellent opportunity to acquire a well-proportioned ground floor two-bedroom apartment on Castlerigg Drive, Burnley. Offered with vacant possession, the property presents an attractive opportunity for both investors looking to expand their portfolios and owner-occupiers seeking a home with valuable outdoor space and convenient parking.

The accommodation comprises two bedrooms, a bathroom and a spacious living area, offering a practical layout with plenty of potential. The property forms part of a small block of just four apartments and benefits from a south-facing rear garden, a small front garden, a private driveway to the side and communal parking to the front.

For investors, the property offers the opportunity to secure a rental investment in an established residential area of Burnley, with the flexibility to choose a tenant and set up a new tenancy from completion. For owner-occupiers, the ground floor position, private outdoor space and off-road parking make this a particularly appealing alternative to a traditional flat.

Castlerigg Drive is conveniently situated within the wider Burnley area, with access to local amenities, schools, transport links and surrounding towns. Burnley continues to attract interest from property investors due to its comparatively affordable property prices and established private rental market, while offering buyers the opportunity to secure a home at an accessible price point.

The wider borough has also seen continued focus on regeneration, housing and economic development, supporting its appeal to buyers seeking both a place to live and potential longer-term investment opportunities.

Whether you are a first-time buyer, looking to downsize, or an investor seeking your next rental property, this versatile apartment is well worth considering.

Financial Breakdown

Gross Rent: £7,680.00
Net income: £7,655.00
Gross yield: 6.68%
Net yield: 6.66%
Please contact agent for full financial breakdown.

Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-08614