Bridge Street, Burnley, BB11

5 bedroom Multi-Unit Property in Burnley

Under Offer
Offers Over £230,000
Current Yield 9.1 %
Potential Yield 9.1 %
Property Reference: 214356862
  • Multi-Unit Property
  • 5 Bedrooms
  • 5 Bathrooms
  • 2 Receptions

Property Features

Property Features

  • Multi-Unit Property
  • Buy-to-Let Opportunity
  • Tenants Currently Situated
  • A Portfolio of Commercial and Residential Units
  • Spacious Rooms
  • Modern Bathrooms
  • Likely to attract enquiries from Serious Investors & Developers
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Property Information

Full Details

A portfolio of commercial and residential multi-unit property located in Burnley with tenants currently situated. They are currently generating steady, rewarding rental returns for the current landlord.

For investors looking for a rewarding investment, this is a brilliant opportunity!

The properties feature a commercial shop on the ground floor and two flats above. The shop has an expansive main business area, a large kitchen and a toilet. One of the flats has 3 bedrooms with ensuites, a fully equipped kitchen and a lounge. The second flat has 3 bedrooms, a bathroom, and a spacious lounge with dining room.

Investment details

The properties currently produce an annual gross income of £24,120 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested, please call us.

Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.

Helpful Information

Property Reference: 214356862

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: £2010
  • Potential Rent pcm: £2010
  • Tenancy Agreement in place: Yes
  • Tenancy Compliance in place: Yes
  • Current Term of Tenancy: 5 years+
  • Tenants means of funding: Employment
Property Reference: 214356862
Property Reference: 214356862

Property Location

Similar Properties

  • Queen Street
    Hull
    Offers Over £205,000
    • 5
    • 4
    Multi-Unit Property
    Current Yield: 7.5%
    Potential Yield: 7.5%%
    View Property
  • Fitzwilliam Street
    Huddersfield
    Offers Over £275,000
    • 6
    • 3
    • 6
    Multi-Unit Property
    Current Yield: 9.3%
    Potential Yield: 9.9%
    View Property
  • Chesterfield Road
    Blackpool
    Offers Over £220,000
    • 6
    • 4
    Terraced House
    Current Yield: 10.2%
     
    View Property
  • Waterloo Road
    Mablethorpe
    Offers Over £225,000
    • 7
    • 2
    • 1
    Semi-Detached House
    Current Yield: 14.6%
    Potential Yield: 14.6%
    View Property

Request DetailsBridge Street, Burnley, BB11

Offers Over £230,000

Make an offer
Bridge Street, Burnley, BB11

Listing Price

Offers Over £230,000

Disclaimer
All offers are submitted to the seller for approval. On acceptance of your offer you will be required to instruct a solicitor for Legal Acceptance of your offer. A fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion. Terms and payment details will be provided upon verbal acceptance of your offer.