3 bedroom terraced house for sale

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3 bedroom terraced house for sale

Thurston Street, Burnley
£95,000

Our Summary

  • When fully let, the property has the potential to achieve approximately £1,440 per calendar month, offering a yield in excess of 12%
  • This property represents an attractive investment opportunity, with strong rental potential and scope to increase returns once fully occupied
  • It has the potential to be C

Description

This four-bedroom HMO property in Burnley is being sold via online bidding with a starting price of £95,000. The property is well-maintained and has two sitting tenants, with the potential to achieve a yield of over 12% when fully let. The property is conveniently located within walking distance of local shops, the town centre, and the bus station, with excellent transport links to nearby cities. The accommodation is arranged over two floors, with a central hallway, kitchen, and communal living room on the ground floor, and three bedrooms and a shared bathroom on the first floor. The property has a D energy rating, but has potential to be improved to a C rating, and is in Council Tax Band A. This represents an attractive investment opportunity with strong rental potential and scope to increase returns once fully occupied.