2 Bedroom Terraced House

Auction Commencing on Monday 16th March at 1pm and ending 24 hours later on Tuesday 17th March at 1pm with Auction House.

Please register to bid via our website - auctionhouse.co.uk

Tenanted two-bedroom terrace house.

FOR SALE BY AUCTION

8 Parkinson Street, Burnley, Lancashire, BB11 3LS

Tenanted two-bedroom mid-terrace investment property producing an immediate rental income of £430 per calendar month (£5,160 per annum).

The property is arranged over two floors and briefly comprises:

Ground Floor:
Front living room and a fitted kitchen to the rear.

First Floor:
Two bedrooms and a bathroom.

The accommodation layout and room dimensions are shown on the accompanying floor plan

The property benefits from uPVC double glazing and a traditional mid-terrace layout. Internally, the house would benefit from general modernisation, offering scope to improve both rental income and capital value.

The property is currently let at £430 pcm, providing instant income from completion, making it a straightforward addition to an investor’s portfolio.

Located in a popular residential area of Burnley, the property fronts directly onto Parkinson Street with on-street parking available.

Tenure: Freehold (to be confirmed)
Tenancy: Assured Shorthold Tenancy
Council Tax Band: A (to be confirmed)

An income-producing investment offered with tenants in situ.

Tenure: See Legal Pack

EPC Rating: C

Administration Fee: £3600 inc VAT payable on exchange of contracts.

Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.