House For Sale £75,000
This fantastic property will make the ideal addition to an investor’s portfolio, being sold with a tenant in situ yielding 6.32% net. The mid terraced is kept to a wonderful standard throughout by the current long term tenants and consists of internal porch, two spacious reception rooms, modern fully-fitted kitchen, two bedrooms, loft room, bathroom with white three-piece suite and enclosed rear yard. Ample on street parking is available on the street outside.
Melville Street sits in a prime position, with easy access to several parks, amenities and Burnley town centre which has plenty to see and do, with a varied selection of high street and independent shops, vibrant nightlife and an award-winning indoor market which boasts a wonderful food offering. Just 1 mile away from the property is Burnley Central station offering services to Colne, Preston and Blackpool South. The town also has access to excellent road links, sitting right on the M65 with routes to nearby towns and major northern cities such as Manchester and Preston.
Within walking distance of the property is Burnley General Hospital and Heasandford Industrial Estate, which is home to retail giant Boohoo and where thousands of employees are based meaning there will always be plenty of demand for rental properties in this area. With the borough conveniently sitting at the heart of the UK and attracting a skilled workforce, Boohoo has recently announced plans to invest millions, expand and create even more jobs which will benefit and contribute to the economic growth of the area. Don't miss out on this brilliant investment and enquire today.
Financial Breakdown
Gross rent: £4,740
Net income: £4,740
Gross yield: 6.32%
Net yield: 6.32%
Important Note To Purchasers
*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-18482
Melville Street sits in a prime position, with easy access to several parks, amenities and Burnley town centre which has plenty to see and do, with a varied selection of high street and independent shops, vibrant nightlife and an award-winning indoor market which boasts a wonderful food offering. Just 1 mile away from the property is Burnley Central station offering services to Colne, Preston and Blackpool South. The town also has access to excellent road links, sitting right on the M65 with routes to nearby towns and major northern cities such as Manchester and Preston.
Within walking distance of the property is Burnley General Hospital and Heasandford Industrial Estate, which is home to retail giant Boohoo and where thousands of employees are based meaning there will always be plenty of demand for rental properties in this area. With the borough conveniently sitting at the heart of the UK and attracting a skilled workforce, Boohoo has recently announced plans to invest millions, expand and create even more jobs which will benefit and contribute to the economic growth of the area. Don't miss out on this brilliant investment and enquire today.
Financial Breakdown
Gross rent: £4,740
Net income: £4,740
Gross yield: 6.32%
Net yield: 6.32%
Important Note To Purchasers
*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-18482
