3 bedroom terraced house for sale

Springfield Road, Burnley, Lancashire, BB11

Sold STC £33,000

Property Description

Key features

  • 3 Bedroom Terraced Property
  • 2 Reception Rooms
  • Currently Tenanted at 368pcm
  • Potential to Increase Rental to 425pcm
  • Popular Residential Area
  • University Town
  • Lots of Regeneration
  • Gross Yield 12.6%

Full description

Tenure: Leasehold

Pegasus Agency are delighted to offer for sale this 3 bedroom, 2 reception room terraced property situated in a popular location. Briefly the property comprises of entrance hallway, reception room, kitchen, 2 bedrooms and a modern bathroom. There is a potential to increase the rental income to 425pcm. This is based on market comparable for properties in a 1/2mile radius.
Reasons to Invest in Burnley

Regeneration - In 2013, Burnley was awarded an Enterprising Britain award from the UK Government for being the 'Most Enterprising Area in the UK' A series of high-profile regeneration schemes, including: a direct rail link to Manchester, an aerospace supply village and a multi million-pound investment in the former Victorian industrial heartland through a project called 'On The Banks' are radically transforming the economy of the Lancashire town.

Value - Terraced property prices have steadily appreciated in value in this postcode as there is a 8.27% price increase over the last 5 years in the BB11 area code. Current average price for a terrace property as at June 2016 in the BB11 postcode is 69,140

Connectivity - Situated around junction 10 of the M65, Burnley has connections south to the M66 and then on to the M62 which serves Manchester, Leeds and Liverpool. Along the M65 to the west are Blackburn and the M6 serves Preston, Blackpool, the Lake District and beyond.

To avoid disappointment please contact our vibrant sales team today!

Nearest stations

  • Burnley Manchester Road (0.5 mi)
  • Burnley Central (0.8 mi)
  • Burnley Barracks (1.0 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Pegasus Agency, Oldham

76 George Street, Oldham, OL1 1LS

0161 468 1461 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Burnley Manchester Road (0.5 mi)
  • Burnley Central (0.8 mi)
  • Burnley Barracks (1.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Pegasus Agency, Oldham

76 George Street, Oldham, OL1 1LS

0161 468 1461 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference SPRINGFIELD. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pegasus Agency, Oldham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data OpenStreetMap contributors.