Westgate, Burnley, BB11
- PROPERTY TYPE
House of Multiple Occupation
- BEDROOMS
5
- BATHROOMS
2
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- LICENCED FIVE BED HMO
- FIVE DOUBLE BEDROOMS (ON SUITE)
- TWO KITCHENS
- FULLY COMPLIANT & LICENSED UNTIL 2029
- EXCELLENT RETURN ON INVESTMENT
- CONVENIENT LOCATION
Description
Presenting a unique opportunity to acquire a splendid terraced shared house, located in a well-connected locality with excellent public transport links and local amenities. This property is currently listed for sale and offers an unrivalled investment opportunity with an excellent Return On Investment (ROI), giving a gross annual income currently of £23,376 per annum.
The house is fully compliant and licensed until 2029, ensuring peace of mind for the new owner. It is also a fully occupied house in multiple occupation, testifying to its desirability and the steady income stream it provides.
The accommodation is substantial and well-appointed, boasting five generously sized bedrooms. These bedrooms cater to a variety of needs, four being generous doubles and one having an en suite shower room, ensuring that every occupant has a private space to call their own.
The property further benefits from two well-equipped kitchens, providing plenty of room for shared cooking and dining. This feature enhances the communal living experience, promoting a sense of community among the occupants.
Adding to the convenience, the residence also houses two bathrooms, reducing wait times during peak hours and providing a comfortable experience for all occupants.
While the property doesn't include any reception rooms, the substantial number of bedrooms and kitchens more than make up for it, providing ample shared and private spaces for the occupants.
In summary, this terraced shared house offers an excellent investment opportunity, thanks to its full occupancy, licensing until 2029, and convenient location. Its substantial accommodation and excellent facilities make it an attractive proposition for potential buyers.
EPC Rating: D
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Westgate, Burnley, BB11
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Visit our security centre to find out moreDisclaimer - Property reference 315ac121-7240-45dc-832c-e2305182a834. 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 Duckworths Estate Agents, Burnley. 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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