8 bedroom semi-detached house for sale

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8 bedroom semi-detached house for sale

1 Colne Road, Burnley, Lancashire BB10 1LD
£150,000

Our Summary

  • Auction Date commencing on Monday 21st April at 1pm and ending 24 hours later on Tuesday 22nd April at 1pm with Auction House Please register to bid via our website - auctionhouse
  • PRE AUCTION OFFERS WELCOMED
  • The property has since suffered from damage and the current licence is pending until the remedial works have been completed Once updated the potential rental income would be approximately £60,000 per annum or alternatively it would be suitable for redevelopment, subject to gaining the necessary consents

Description

This semi-detached property, which has previously been used as a HMO investment, is being sold at auction and will be available for viewing on Wednesday, April 9th. The property has suffered damage and its current license is pending until remedial works are completed. Once updated, the property is expected to generate a potential rental income of £60,000 per annum or could be redeveloped, subject to gaining necessary consents. The property is located on Colne Road in a popular residential area, close to local amenities and transport links. It features a decking area overlooking the Leeds Liverpool canal and has a total of 8 letting rooms, communal kitchen, dining area, and shower rooms. The property is being sold with an EPC rating of D and is leasehold. A £3600 administration fee and disbursements will be payable by the purchaser on completion.
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