2 bedroom end of terrace house for saleLower Barnes Street, BB5
- Ideal buy to let investment
- 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
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.
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
The property is rated in Council Tax Band A. Council Tax payable (2016/2017) is £1079 p.a.
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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.
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