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2 bed terraced house
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Price History
Our Summary
- A ready-made investment opportunity located within an established rental market in Padiham, Burnley, with the potential to generate approximately £700–£750 pcm
- The property is presented in low-maintenance condition with no significant refurbishment required, making it an ideal hands-off addition to any buy-to-let portfolio
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Description
Located in a popular residential area, the property is a terraced home with established rental demand, and recent sales on the street have ranged from £103,000 to £120,000 for similar properties. No significant refurbishment is required, presenting the property in low-maintenance condition. It is situated within the established rental market of Padiham in Burnley, where comparable properties are achieving average rents of £731 PCM, supporting future rental growth potential.
The property offers investors the opportunity to secure immediate equity alongside a gross yield in excess of 8%.