3 bedroom end of terrace house for sale

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3 bedroom end of terrace house for sale

Grange Street, Burnley, Lancashire, BB11
£53,000

Price History

Initial price £63,250
08/11/24 £53,000
18/11/24 £51,000
22/11/24 £49,000
28/11/24 £53,000
Price Change -16.21%

Description

This 3-bedroom end of terrace house in Burnley is a fantastic investment opportunity for those looking to expand their portfolio. With a tenant already in place, the property currently generates an annual gross income of £5,748, which could be increased to a market rate of £6,600 with the right management. The property itself features 3 bedrooms, a bathroom, lounge, kitchen, and balcony, making it a desirable living space. The current tenants have been in the property for several years and have a good payment history, with no intention of moving out. With a worthwhile addition to an investor's portfolio, this property is an attractive option for those looking to capitalize on the rental market.