2 bedroom end of terrace house for sale

Cog Lane, Burnley, Lancashire, BB11

Offers in Excess of £33,000

Property Description

Key features

  • Excellent Investment Opportunity
  • Currently Being Refurbished to a High Standard - Approx. 13,000 Cost
  • 3 Year Rental Lease With Council Signed at 257pcm
  • No Management or Maintenance Obligations
  • No Rent Voids
  • Net Yield 7.9%
  • University Town Status
  • Sunday Times Top 10 Places to Invest in UK

Full description

Tenure: Leasehold

Excellent investment opportunity on offer which will produce a net yield of 7.9%. The property is situated close to all local amenities including shops, schools and bus routes into Burnley, Nelson and Colne.

This garden -fronted property, briefly comprises of a reception room, kitchen, and rear yard. To the first floor there is 2 bedrooms and a modern bathroom suite. The property also benefits from GCH and Double glazing.

Externally there is on street parking. Refurbishment works are currently talking place at a cost of approx. 13,000, following this there is a 3 Year Rental Lease signed with Rossendale Council, which includes No Rent Voids, No Maintenance and No Management Obligations.

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To avoid disappointment please contact our Property Investment Division today!

Listing History

Added on Rightmove:
24 November 2016

Nearest stations

  • Burnley Manchester Road (0.7 mi)
  • Burnley Barracks (0.7 mi)
  • Rose Grove (0.8 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 (0.7 mi)
  • Burnley Barracks (0.7 mi)
  • Rose Grove (0.8 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 CogLane. 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.