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38 Queensberry Road, Burnley, BB11 4LH

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£165,000

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Opening Bid

£165,000

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Terraced House

Residential

38 Queensberry Road, Burnley, BB11 4LH

4

bed

4

bath

1

reception

Council tax: C

freehold

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Fantastic Tenanted Investment Opportunity

Description

PROFESSIONALLY MANAGED TURNKEY INVESTMENT PROPERTY

  • We are excited to present this fantastic Tenanted  4 bedroom Terraced house, situated within a prime location in Burnley, Lancashire.
  • 48, River Drive, Padiham, Burnley, Lancashire BB12 8SE sold for £280,000 July 2024. 6, Founders Close, Burnley, Lancashire BB10 4AZ sold for £230,000 July 2024.
  • This property is currently tenanted at £1,820 p/m (£21,840 per annum) which returns a fantastic 10.92% yield if achieved for guide price. HIGH YIELDING INVESTMENT
  • Sure to appeal to shrewd buy to let investors looking for a readily let investment opportunity in an excellent location. FANTASTIC CAPITAL GROWTH POTENTIAL
  • The property is located near a whole host of local amenities and is a short drive to Burnley City Centre and Turf Moore; Home of Burnley Football Club. PRIME LOCATION
  • Excellent Tenanted 4 Bed Terraced house situated within a prime location in Burnley, Lancashire. This property is professionally managed and is fully compliant, sure to appeal to an investor looking for Turnkey Investment Property. TURNKEY INVESTMENT OPPORTUNITY

Property comprises: 

Entrance Hall, open-plan Kitchen, three generously sized en-suite Bedrooms, and one additional Bedroom with a private Bathroom.

Sure to appeal to shrewd buy to let investors looking for an excellent turnkey investment opportunity. The local area has seen some great sales recently showing strong demand. Fantastic Capital growth potential. Sure to appeal to investors looking for rare auction property.

Excellent sales evidence for residential properties in the local area:

 48, River Drive, Padiham, Burnley, Lancashire BB12 8SE sold for £280,000 July 2024. 6, Founders Close, Burnley, Lancashire BB10 4AZ sold for £230,000 July 2024.

This property is offered at a fantastic price to ensure an Auction sale.

This lot is open to immediate offers. Should you wish to Offer Now, you can do so via our “OFFER NOW” button on our website.

The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created, please contact the team.

Location

Nestled in the picturesque Pennine countryside, Burnley is a vibrant market town that seamlessly blends historical charm with modern amenities. The town boasts excellent local facilities, including shopping centres, diverse dining options, cinemas, gyms, and beautiful green spaces like Thompson and Towneley Park. Burnley is also home to the stunning Singing Ringing Tree, a unique musical sculpture that offers panoramic views of the surrounding landscape.

For those who love the outdoors, the nearby Forest of Bowland offers fantastic hiking and cycling opportunities. The town's rich industrial heritage is showcased at the Queen Street Mill Textile Museum, a preserved Victorian cotton mill.

With Burnley Manchester Road railway station providing direct links to Manchester and easy access to the M65 motorway, commuting is convenient. Known for its strong community spirit, family-friendly atmosphere, and good schools, Burnley is an ideal place for families. As a town with ongoing development and a growing economy, it also presents a fantastic investment opportunity.

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Deposit & Fee Calculator

10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£22,500

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.