7 Coniston Street, Burnley... 2 bed terraced house for sale

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7 Coniston Street, Burnley... 2 bed terraced house for sale

7 Coniston Street, Burnley, Lanarkshire BB12 6QX
£55,000

Our Summary

  • Auction Date commencing on Monday 28th April and ending 24 hours later on Tuesday 29th April at 1pm with Auction House South Yorkshire Register to bid at auctionhouse
  • INVESTMENT OPPORTUNITY – 2 BED STONE BUILT MID TERRACE IN IGHTENHILL, BURNLEY
  • This a great option for investors seeking an addition to their portfolio, with potential to add value over time

Description

This 2-bedroom stone-built mid-terrace property in Ightenhill, Burnley, is an investment opportunity for buy-to-let investors. Currently tenanted with reliable and established tenants, the property generates a monthly rental income of £420pcm, totaling £5,040 annually. The property is located in a well-established residential area, close to local shops, schools, and transport links. The internal condition and room sizes are pending confirmation, but this turnkey investment offers immediate returns and potential for future value additions. The leasehold term dates back to 1906, and the property is rated D for energy efficiency. A £3600 administration fee and disbursements will be payable by the purchaser upon completion.