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5 bedroom 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 House Please 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 spacious five-bedroom investment property is being sold at a discounted price of £90,000, reflecting a strong yield and below market value. The property is let on a long-let basis at £595 per month, providing an immediate income. The property has a traditional build and offers substantial accommodation over three floors, including a cellar, with a rear yard and parking space. The property has been tenant-let and the tenant has requested no viewings, making it an excellent investment opportunity. With a potential yield of 7.9% gross, this property offers a strong return on investment, with scope to increase the rent in line with market trends, unlocking enhanced yield for the incoming purchaser.