Ivy Street, Burnley BB10 1 bed terraced house for sale

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Ivy Street, Burnley BB10 1 bed terraced house for sale

Ivy Street, Burnley, BB10
£57,000

Our Summary

  • Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio
  • For greater detail on this property's investment potential, please see the Let Property Pack linked below
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • Investment potential detailed below (Let Property Pack)

Description

This 1-bedroom terraced property in Burnley is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a bright reception room, 1 bedroom, 1 bathroom, and access to a shared rear garden. Currently, it produces an annual gross income of £6,000 with tenants already situated, and its purchase price and potential rental income make it a worthwhile addition to an investor's portfolio. The current tenants have been paying their rent consistently for several years and have no intentions to move out, ensuring a smooth transition for the buyer. With its proximity to valuable amenities and potential for future rental income, this property is a great option for investors looking to generate rewarding returns.