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An end terrace house configured as a four-bedroom HMO in need of modernisation. Tenanted and ideal for investors.

An end terrace house configured as a four-bedroom HMO in need of modernisation. Tenanted and ideal for investors.

Address

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Auction date

19 Jul 2024

Guide price

£40,000

Type

House

Tenure

Leasehold

EPC Rating

D

Status

Ended

Auction location placehbolder

Description

This end terrace house is currently configured as a four-bedroom house of multiple occupation (HMO) and is in need of modernisation. With existing tenants, it presents a unique investment opportunity for those looking for rental income.

  • Four bedrooms
  • End terrace configuration
  • Leasehold with 865 years remaining
  • Area: 82.00 square meters (883 sqft)
  • EPC rating: D
  • Ground floor: Kitchen, two rooms
  • First floor: Two rooms, bathroom
  • Outside: Front courtyard, rear walled yard

Positioned in a convenient location, this property is just 0.6 miles from Burnley Barracks railway station, making it an attractive choice for tenants. The property's leasehold status means that there are implications for long-term ownership, but with such an extended lease, this is less of a concern. This property could be a solid addition to any investment portfolio.

Last update: 20 Jul 2026

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