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Cog Lane, Burnley, Lancashire, BB11

PROPERTY TYPE

Terraced

BEDROOMS

3

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Description

Investment Opportunity – Tenants in Situ – Yield Over 9%

An excellent opportunity for landlords and property investors to acquire this spacious three-bedroom terraced property, offered for sale with tenants in situ and currently generating a rental income of £700 per calendar month, providing a healthy gross yield of over 9%.

The property offers well-proportioned accommodation throughout, comprising two reception rooms, providing flexible living and dining space, a separate fitted kitchen and a useful utility/store room. To the first floor are three good-sized bedrooms and a family bathroom.

Further benefits include gas central heating and double glazing, ensuring comfort and energy efficiency for the occupants.

Externally, the property enjoys an enclosed rear yard, offering a low-maintenance outdoor space.

Ideally positioned within easy reach of Burnley town centre, the property is conveniently located for a wide range of local amenities, shops, supermarkets and schools. Excellent transport links are also close by, with superb access to motorway networks making the area popular with tenants and commuters alike.

A ready-made investment with an established rental income from day one, this is a fantastic opportunity to expand an existing portfolio or begin a buy-to-let journey with immediate returns. Early enquiries are highly recommended.


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.
Yes
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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Cog Lane, Burnley, Lancashire, BB11

Approximate location

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Affordability

Monthly repayments£452
Property: £ 90,000
Deposit: £ 9,000
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Renovation potential
Recently sold & under offer
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About Entwistle Green, Burnley

18 Manchester Road, Burnley, BB11 1HH
Industry affiliations:

Since 1920, Entwistle Green has been bringing people and property together across Lancashire and the North West, including Merseyside and Cheshire. With a commitment to exceptional service, each brand is strategically positioned to give you comprehensive support and insightful advice on your property journey. If you're looking for help on your property search, contact us today.

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Disclaimer - Property reference BUY260123. 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 Entwistle Green, 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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