>
8 bedroom semi-detached house for sale
1 Colne Road, Burnley, Lancashire BB10 1LD
£150,000
1 Colne Road, Burnley, Lancashire BB10 1LD
£150,000
Price History
Initial price | £175,000 |
17/04/25 | £150,000 |
Price Change | -14.29% |
Description
This semi-detached property, which has previously been used as a HMO investment, is being sold at auction and will be available for viewing on Wednesday, April 9th. The property has suffered damage and its current license is pending until remedial works are completed. Once updated, the property is expected to generate a potential rental income of £60,000 per annum or could be redeveloped, subject to gaining necessary consents. The property is located on Colne Road in a popular residential area, close to local amenities and transport links. It features a decking area overlooking the Leeds Liverpool canal and has a total of 8 letting rooms, communal kitchen, dining area, and shower rooms. The property is being sold with an EPC rating of D and is leasehold. A £3600 administration fee and disbursements will be payable by the purchaser on completion.