Property Details: • Type: Block of Apartments • Tenure: N/A • Floor Area: N/A
Key Features: • TO BE SOLD BY ONLINE AUCTION • VACANT POSSESION • FOUR SEPERATLEY MEASURED SELF-CONTAINED FLATS • POTENTIAL 22% YIELD BASED OFF GUIDE PRICE • HUGE RENTAL INCOME POTENTIAL • ATTENTION INVESTORS & LANDLORDS
Location: • Nearest Station: N/A • Distance to Station: N/A
Agent Information: • Address: 65-81 St Petersgate, Stockport SK1 1DS
Full Description: FOR SALE BY ONLINE AUCTION ON 12TH FEBRUARY 2025 UNLESS SOLD PRIOR UNDER AUCTION TERMS Flat 1-4, 31-33 HERBERT STREET, BURNLEY, BB11 4JXAn excellent buy-to-let investment opportunity, comprising four self-contained flats, all offered with vacant possession.Previously, each flat was let for £475 per month, £22,800 a year providing a strong rental income and an impressive 22% rental yield based on the current guide price.The property includes three one-bedroom flats and one two-bedroom flat, each separately metered and each with a 3 piece bathroom and lounge.Similar properties in the area achieve rental values of approximately £500-£600 per month per flat, making this a highly attractive investment.EPC Rating: D. Sold as seen.The property is conveniently situated close to bus routes, local schools, and amenities, with excellent transport links to Pendle, Rossendale, Accrington, and major motorway connections.BrochuresAuction 5 Page- 31-33 Herbert Street (1).pdf
