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4 bed property
Lyndhurst Road, Burnley BB10
£195,000
Lyndhurst Road, Burnley BB10
£195,000
Our Summary
- Exciting Investment Opportunity: 4-Bedroom Apartment & Commercial Shop – Lyndhurst Road, Burnley
- 4-Bedroom Apartment – A generously sized residential space with great potential
- Ideal for conversion into a House in Multiple Occupation (HMO), offering fantastic potential for high rental yields
- The apartment requires work to transform into an HMO, subject to necessary planning consents
- HMO Potential – The apartment upstairs offers a fantastic opportunity for conversion into an HMO, catering to the growing demand for shared accommodation in the area
- Don’t miss this rare opportunity to acquire a property that offers the best of both worlds – a thriving commercial space and a spacious apartment with investment potential
Description
This exciting investment opportunity presents a unique chance to own a mixed-use property on Lyndhurst Road in Burnley, comprising a spacious 4-bedroom apartment and a commercial shop. The property offers multiple income streams, with the apartment having great potential for conversion into a House in Multiple Occupation (HMO) and the shop currently leased, ensuring business continuity. The property also offers flexibility, as the business is optional and does not affect the sale, allowing buyers to decide whether to retain it as an investment property. With high-yield potential and the growing demand for shared accommodation in the area, this property is an excellent choice for investors seeking multiple revenue streams.