78 Coalclough Lane
Burnley
BB11 4NW
Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £95,000
Four-bedroom HMO property in a convenient area of Burnley.
This spacious and well-maintained HMO property is offered for sale with two sitting tenants in place. When fully let, the property has the potential to achieve approximately £1,440 per calendar month, offering a yield in excess of 12%.
Situated within easy walking distance of local shops, Burnley town centre, and the bus station, the property also benefits from excellent transport links to Bury, Manchester, and beyond.
The accommodation is arranged over two floors. On the ground floor, an entrance vestibule leads into a central hallway with stairs to the first floor. The layout includes one occupied bedroom (reception room two), a communal living room, a well-equipped kitchen, and a shared utility/ WC. To the first floor, there are three additional bedrooms, one of which is currently vacant and two tenanted, along with a shared bathroom.
This property represents an attractive investment opportunity, with strong rental potential and scope to increase returns once fully occupied.
EPC:- energy rating is D. It has the potential to be C.
Council Tax:- Band A, Burnley Borough Council
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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