This property has been taken off the market.
5 Bed Terraced House For Sale Herbert Street, Burnley, BB11
£90,000- Terraced
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1 of 10
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Last Updated: 29th March 2024
Description
FOR SALE BY ONLINE AUCTION THURSDAY 11TH APRIL AT 9.00AM. Turnkey tenanted property, comprised of two internally joined terraced houses, near Burnley town centre. Currently let at £168 per week providing a healthy yield of 9.7% at Guide Price. Ideal opportunity to purchase a turnkey tenanted investment with immediate income stream. \r
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Online Property Auctions are delighted to present this property, comprised of two internally joined terraced houses. 26 Herbert St comprises a master bedroom, 2 small bedrooms, a double size front room, a cellar and a bathroom. 28 Herbert St comprises a master bedroom, a small room, a bathroom, a dining kitchen, a lounge and a cellar. A double size backyard combine at 26- 28 Herbert St.\r
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The property is currently tenanted at £168 per week and would provide an immediate income stream with a yield of 9.7% at Guide Price.\r
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Nearby sales history: \r
Three bedroom terraced house, Harriet Street - Sold for £77,000 Feb 2021\r
Four bedroom terraced house, Ulster Street - Sold for £90,000 Jul 2021\r
Three bedroom terraced house, Athol Street - Sold for £85,000 Jan 2022\r
Three bedroom terraced house, Raglan Road - Sold for £75,000 Sep 2023\r
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The property is well-situated, less than one mile walk from Burnley Manchester Street Railway Station. There are many amenities in the area, including supermarkets, takeaways, fast food restaurants and more. There multiple school's and childcare centres within walking distance. \r
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Burnley is a town in Lancashire, with a population of roughly 78,000 - providing a large tenant base if you choose to keep the property as a Buy-to-Let investment. \r
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To view legal documents for all properties, and to register for our online auctions please visit our website.\r
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Purchases are subject to a Buyer's Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup/Special Conditions in the Legal pack to confirm. All prices quoted are exclusive of VAT.
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Online Property Auctions are delighted to present this property, comprised of two internally joined terraced houses. 26 Herbert St comprises a master bedroom, 2 small bedrooms, a double size front room, a cellar and a bathroom. 28 Herbert St comprises a master bedroom, a small room, a bathroom, a dining kitchen, a lounge and a cellar. A double size backyard combine at 26- 28 Herbert St.\r
\r
The property is currently tenanted at £168 per week and would provide an immediate income stream with a yield of 9.7% at Guide Price.\r
\r
Nearby sales history: \r
Three bedroom terraced house, Harriet Street - Sold for £77,000 Feb 2021\r
Four bedroom terraced house, Ulster Street - Sold for £90,000 Jul 2021\r
Three bedroom terraced house, Athol Street - Sold for £85,000 Jan 2022\r
Three bedroom terraced house, Raglan Road - Sold for £75,000 Sep 2023\r
\r
The property is well-situated, less than one mile walk from Burnley Manchester Street Railway Station. There are many amenities in the area, including supermarkets, takeaways, fast food restaurants and more. There multiple school's and childcare centres within walking distance. \r
\r
Burnley is a town in Lancashire, with a population of roughly 78,000 - providing a large tenant base if you choose to keep the property as a Buy-to-Let investment. \r
\r
To view legal documents for all properties, and to register for our online auctions please visit our website.\r
\r
Purchases are subject to a Buyer's Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup/Special Conditions in the Legal pack to confirm. All prices quoted are exclusive of VAT.
Agent Details
Online Property Auctions Scotland Limited
272 Bath Street, Glasgow, G2 4JR
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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.