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2 bedroom end of terrace house for sale

Lower Barnes Street, BB5

Sold STC £30,000

Property Description

Key features

  • Ideal buy to let investment
  • Freehold
  • Gas Central Heating
  • Double Glazed Windows
  • Excellent transport links
  • High demand for rent in the area
  • Potential gross yield of 16.47%
  • Close to amenities

Full description

The subject property is located on the north-eastern side of Lower Barnes Street in the district of Clayton Le Moors.

In the immediate vicinity, there is a good range of amenities, including local shops, a post office and healthcare.

Nearby in Blackburn and Burnley there is a wider range of shops and amenities and both are easily reached by the excellent local transport system.

The property is entered from street level, leading directly to the lounge and through to the kitchen diner, where there is a door to the enclosed rear yard.

Upstairs boasts two good sized bedrooms and a family bathroom comprising three piece suite.

We understand the property is connected to mains gas, electricity, water and drainage.

Investment Analysis
The property is currently vacant,however there is good demand for rental stock within the area. Should the property be let on an AST basis, is it envisaged a weekly rent of 95 per week (4,940 pa) can be achieved, representing a gross yield of 16.47% based on the guide price
of 30,000.

Council Tax
The property is rated in Council Tax Band A. Council Tax payable (2016/2017) is 1079 p.a.

*Guide Price

More information from this agent

Listing History

Added on Rightmove:
18 October 2016

Map & Street View

Disclaimer - Property reference 90lowerbarnes. The information displayed about this property comprises a property advertisement. 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 John Pye Property, Nottingham . 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.

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*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call John Pye Property, Nottingham on 0115 970 6060.

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