35 Coal Clough Lane, Burnley, Lancashire, BB11 4PG
- PROPERTY TYPE
Terraced
- BEDROOMS
2
- BATHROOMS
1
- SIZE
Ask agent
Key features
- **Auction Date: 12th August - Please note you need to register to Bid**
- Tenanted two-bedroom mid-terraced property
- Currently producing £550 PCM (£6,600 per annum)
- Currently producing a 11.5% yield based on the guide. Potential to increase
- Ideal addition to an investment portfolio
- Close to Burnley town centre, local amenities and transport links
Description
**Auction Date: 12th August - Please note you need to register to Bid**
An excellent opportunity to acquire a well-presented two-bedroom mid-terraced property, situated in a popular and well-established residential location within Burnley. Sold with the benefit of a tenant in situ, this property provides an instant income-producing investment, making it an ideal addition to any landlord's portfolio.
Description
**Auction Date: 12th August - Please note you need to register to Bid**
An excellent opportunity to acquire a well-presented two-bedroom mid-terraced property, situated in a popular and well-established residential location within Burnley. Sold with the benefit of a tenant in situ, this property provides an instant income-producing investment, making it an ideal addition to any landlord's portfolio.
The property is currently let at £550 per calendar month (£6,600 per annum), providing immediate rental income from day one. Conveniently located close to Burnley town centre, local amenities, schools and excellent transport links, the property continues to benefit from strong rental demand within the area.
Internally, the accommodation comprises an entrance vestibule, spacious lounge, fitted kitchen, two well-proportioned bedrooms and a family bathroom. Externally, the property benefits from an enclosed rear yard.
This is a straightforward investment opportunity with an established tenant already in occupation, offering investors the chance to generate income immediately whilst also benefiting from the potential for future rental growth.
Whether you are an experienced investor looking to expand your portfolio or a first-time landlord seeking a ready-made investment, this property represents an excellent opportunity to acquire a well-located, income-producing asset.
Viewing: By appointment only, in accordance with the tenant's rights.
Tenure: Freehold (subject to confirmation in the legal pack).
Investment Information: The property is being sold subject to the existing tenancy. Buyers are advised to refer to the legal pack for full tenancy details.
Leasehold
Legal Pack
A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction. To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk.
Auction Information
To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk.
UNCONDITIONAL - Contracts are exchanged on the fall of the hammer and a 10% deposit will be taken from the highest bidder. This deposit will contribute towards the purchase price.
Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.
Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
Brochures
Legal DocumentsOnline Bidding- 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.
- Ask agent
- 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.
- Ask agent
35 Coal Clough Lane, Burnley, Lancashire, BB11 4PG
Add an important place to see how long it'd take to get there from our property listings.
__mins driving to your place
Affordability
About Town & Country Property Auctions, Manchester
First Floor, Swan Buildings, 20 Swan Street, Manchester, Lancashire, M2 5JWGet an instant, personalised result:
- Show sellers you’re serious
- Secure viewings faster with agents
- No impact on your credit score
Notes
Staying secure when looking for property
Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.
Visit our security centre to find out moreDisclaimer - Property reference 357852. 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 Town & Country Property Auctions, Manchester. 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.
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 Town & Country Property Auctions, Manchester on 0161 570 0156.
*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.”
*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.