Terraced house for sale in 26-28 Herbert Street, Burnley, Lancashire BB11

Guide price £90,000
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Terraced house for sale - 5 bedrooms

5 2

Tenure:
Leasehold
Time remaining on lease:
Not available
Service charge:
Not available
Ground rent:
Not available
Council tax band:
A

Property features

  • Turnkey Tenanted Buy-to-Let Opportunity with Immediate Income Stream
  • Two Terraced Houses Internally Joined with Combined Garden
  • Current Rental Value of £8,736 per annum

Property description

For sale by online auction Thursday 6th June at 9.00AM. Turnkey tenanted property, comprised of two internally joined terraced houses, near Burnley town centre. Currently let at £168 per week providing a healthy yield of 9.7% at Guide Price. Ideal opportunity to purchase a turnkey tenanted investment with immediate income stream.

Online Property Auctions are delighted to present this property, comprised of two internally joined terraced houses. 26 Herbert St comprises a master bedroom, 2 small bedrooms, a double size front room, a cellar and a bathroom. 28 Herbert St comprises a master bedroom, a small room, a bathroom, a dining kitchen, a lounge and a cellar. A double size backyard combine at 26- 28 Herbert St.

The property is currently tenanted at £168 per week and would provide an immediate income stream with a yield of 9.7% at Guide Price.

Nearby sales history:
Three bedroom terraced house, Harriet Street - Sold for £77,000 Feb 2021
Four bedroom terraced house, Ulster Street - Sold for £90,000 Jul 2021
Three bedroom terraced house, Athol Street - Sold for £85,000 Jan 2022
Three bedroom terraced house, Raglan Road - Sold for £75,000 Sep 2023

The property is well-situated, less than one mile walk from Burnley Manchester Street Railway Station. There are many amenities in the area, including supermarkets, takeaways, fast food restaurants and more. There multiple school's and childcare centres within walking distance.

Burnley is a town in Lancashire, with a population of roughly 78,000 - providing a large tenant base if you choose to keep the property as a Buy-to-Let investment.

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Property info

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Online Property Auctions Scotland Ltd, and do not constitute property particulars. Please contact Online Property Auctions Scotland Ltd for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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