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Chestnut Rise, Burnley, Lancashire, BB11

PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

1

SIZE

488 sq ft

45 sq m

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

Key features

  • Upper Floor Apartment
  • INVESTMENT OPPORTUNITY 9.3% yield
  • Two Bedrooms
  • With Tenant in Occupancy
  • GCH & uPVC Double Glazed
  • Parking Bay to the Front
  • With Tiered Garden Space to Rear
  • A Good Rental Property
  • Quiet Cul-de-Sac Location
  • Good Return on Investment

Description

Located on the Chestnut Rise cul-de-sac in Burnley, this two bedroom upper floor apartment presents a solid opportunity for investors seeking a rental property with tenants already in place with a 9.3% yield.

This upper floor apartment on Chestnut Rise in Burnley is an excellent investment opportunity for a landlord looking to expand their portfolio with a good property with a tenant already in residence with a 9.3% yield.

The apartment itself briefly comprises; its own front door entrance hallway for the staircase up to the landing space. Doors off from here give access to the good size living room, the two bedrooms and the three piece bathroom suite with shower and screen above the bath. The fitted kitchen is accessed via the living room.

To the rear there is also access to a tiered garden space. A parking bay for the resident is located directly to the front of the property.

The apartment benefits from gas central heating and double glazed windows throughout.

The Chestnut Rise cul-de-sac is a quiet corner of Burnley with other established residential homes. This will certainly make a good investment property. Call our sales office to discuss your interest.

GROUND FLOOR

Entrance Hall

FIRST FLOOR

Inner Hallway

Living Room

3.15m x 4.11m (10' 4" x 13' 6")

Kitchen

2.44m x 2.51m (8' 0" x 8' 3")

Bedroom One

2.51m x 3.53m (8' 3" x 11' 7")

Bedroom Two

2.1m x 3.07m (6' 11" x 10' 1")

Bathroom

1.98m x 1.7m (6' 6" x 5' 7")

EXTERNAL

Parking Space

Rear Garden

Disclaimer

Subject to contract. Particulars are prepared in good faith for general guidance only and do not form part of any offer or contract. Measurements, floor plans and photos are approximate and not to scale; services and systems have not been tested. Buyers should verify with their legal adviser the tenure, length of lease, ground rent, service charges (where applicable), council tax band, EPC rating and any other charges or restrictions before exchange of contracts.

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.
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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Chestnut Rise, Burnley, Lancashire, BB11

Approximate location

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Affordability

Monthly repayments£400
Property: £ 79,995
Deposit: £ 8,000
Interest rate: 5.3%
Term: 30 years
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About Property Shop - Sales & Lettings, Accrington

Head Office, 11-13 Blackburn Road, Accrington, BB5 1HF
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We are an independent, local and family owned business with a team of 30 enthusiastic and motivated staff. We run both a sales and letting agency; giving us both breadth and depth in the local property market. Our personal unique approach will make the difference.

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Disclaimer - Property reference ACC260381. 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 Property Shop - Sales & Lettings, Accrington. 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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