12 bedroom semi-detached house for sale

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12 bedroom semi-detached house for sale

1 Colne Road, Burnley, Lancashire BB10 1LD
£175,000

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 12-bedroom semi-detached property, located on Colne Road in a popular residential area, has been used as a fully furnished HMO investment until recently. Despite suffering damage, the property has potential for renovation and could generate approximately £60,000 per annum in rental income or be redeveloped, subject to necessary consents. The property features a decking area overlooking the Leeds Liverpool canal and has a mix of communal and private spaces, including two letting rooms on the lower ground floor, three on the ground floor, four on the first floor, and three on the second floor. The property is situated close to local amenities and transport links, with Burnley town centre approximately 0.5 miles away. With an EPC rating of D and Council Tax Band A, this property presents an opportunity for renovation and redevelopment.
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