Castlerigg Drive, Burnley, BB12 8AT
- PROPERTY TYPE
Apartment
- BEDROOMS
2
- BATHROOMS
1
- 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.
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Key features
- Tenanted Investment Opportunity
- Ground Floor Apartment
- Two Bedrooms
- One Bathroom
- Long Lease, Low Ground Rent and No Service Charge
- South Facing Rear Garden
- Popular Residential Location
- Off Road Parking To The Side
- Enquire For Video Tour
- Reliable Long Term Tenant
Description
Castlerigg Drive is situated within the wider Burnley area, with good access to local amenities, schools, transport links and surrounding towns. Burnley has an established private rental market and remains an area of interest to property investors due to its comparatively affordable property prices and demand for rental accommodation.
Burnley continues to benefit from ongoing regeneration and investment across housing, infrastructure, employment and the town centre. The borough has identified a continued need for new and improved housing, alongside wider plans to support economic growth and regeneration. This ongoing investment, combined with Burnley's established rental market and accessible property values, makes the area an attractive location for investors looking for rental income and longer term capital growth potential.
Please note, lettings and management charges may apply.
Financial Breakdown
Gross Rent: £7,680.00
Net income: £7,655.00
Gross yield: 6.14%
Net yield: 6.12%
Please contact agent for full financial breakdown.
IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
yieldit ref: YL-08614
- 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.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- 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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Visit our security centre to find out moreDisclaimer - Property reference YL-08614. 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 yieldit, 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.
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