This is an investment opportunity to purchase a terraced house in Burnley generating £4,420 rent pa & gross yield of 7.4%.
Leasehold information- Length of lease: 999 years
- Year lease started: 1889
Property information- Spread over 2 floors
- The front lounge is currently used as a third bedroom
- The kitchen is situated in an annex extension to the rear lounge
- The property has a downstairs WC
- The family bathroom underwent refurbishment works in 2020
- A new front door was installed in 2019
- A new boiler was installed in 2017
- The kitchen units were replaced around 3 years ago
- The property also has a gas safety certificate and a new eicr electrical certificate
- EPC rating D
- Tenants have been living at the property for over 4 years and wish to stay
Location information- The property is just 1 mile from the city centre
- Bank Hall Park is an approximately 5-minute walk away
- There are a number of shops and amenities within walking distance of the property
NotePlease note that Vesta has not visited this property and that all material has been provided by the vendor.