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2 Piccadilly Road, Burnley... 5 bed end of terrace house for sale
2 Piccadilly Road, Burnley, Lancashire BB11 4QF
£90,000
2 Piccadilly Road, Burnley, Lancashire BB11 4QF
£90,000
Our Summary
- Auction Commencing on Monday 17th November at 1pm and ending 24 hours later on Tuesday 18th November at 1pm with Auction HousePlease register to bid via our website - auctionhouse
- An excellent investment opportunity offering substantial accommodation over three floors (plus cellar) in a traditionally built terraced property
- -Cellar: 18’1” × 15’5” – providing additional storage or development potential
- -Scope to increase rent in line with market trends — unlocking enhanced yield for the incoming purchaser
Description
This five-bedroom investment property is being sold at a discounted price of £90,000, reflecting a strong yield potential. The property is currently let on a long-let basis at £595 per month, providing immediate income. With average rents in the area reported to be around £1,000 per month for similar properties, there is scope to increase the rent and unlock enhanced yield for the incoming purchaser. The property offers spacious accommodation over three floors, including a lounge, dining room, kitchen, and five bedrooms, with a rear yard and parking space. The guide price of £90,000 is below market value, making this an excellent investment opportunity.