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2 Bed Terraced House For Sale Lowerhouse Fold, Burnley, BB12

£120,000- Terraced

Yield: 4.5%
1 of 14
Yield: 4.5%
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  • Rental Guide: £360 - £450
  • 2 Bedroom(s)
  • Description
  • Floor Plan
  • Street View
  • Maps

Key Features

  • Available With No Chain
  • Two Bedroom Mid Terrace Cottage
  • Lounge & Well Presented Kitchen
  • Well Placed For Access To The Motorway Network
  • Sought After Lowerhouse Location
  • Ideal For A Couple, Professional Or Anyone Downsizing
Last Updated: 15th November 2020

Description

A brilliant home for a couple, professional or anyone looking to downsize and set the desirable area of Lowerhouse, this mid terrace requires internal viewing to be fully appreciated. Offered with no onward chain, it is set in a fantastic location for access to beautiful countryside whilst still being set in a fantastic location for access to Manchester, Preston and beyond via junction 9 of the M65. Comprising of two bedrooms, bathroom, landing, lounge and kitchen, there is also a rear enclosed yard and the property benefits from gas central heating.

Located on a quiet row set back from Lowerhouse Lane, this mid terrace cottage is placed in superb location for access to the motorway network via junction 9 of the M65 and for access to beautiful countryside including Lowerhouse Lodge. The property is also well placed for access to bus routes which run in to Burnley and Padiham.
Agent Details
Bridgfords
1A Manchester Road, Burnley, Lancashire, BB11 1HQ
Show Contact Number
01282 270 154
**This report is currently a Beta Test Version. Do not rely on the information provided below.

Forecast Score

Based on data and factors which historcally influence property prices this property has an overall score as:

Data Classified:
This property has been partially classified.
4.1

Forecast Report

Our predictive algorithms and data analysts; scan, compare and rank properties by future gains and current returns; helping you pick the perfect investment at a glance.

The following influencers contribute to our score:
  • Historical Data
  • Interest Rates
  • Mortgage Availability
  • Fiscal Policy
  • Recent Sold Prices
  • Housing Demand
  • Benchmarking Performance Against Other Asset Classes

Comparison with local sold prices

There is not enough data available
0

Profitability

Good rental demand in this area.
Compared to other property investments this gives a very poor return.
0

Interest Rates

Bank of England Base Rate:
0.1%
Current all-time record low interest rates are making monthly mortgage payments more affordable so more people will buy houses, which will lead to house prices increasing.
10

Mortgage Availability

Current moderate appetite for banks to lend mortgages, will lead to steady house price growth.
5

Fiscal Policy

First Home Stamp Duty:
£0
Buy To Let or Second Home:
£3,600
The governments recent policies including, not to add additional tax to this property price band, will be positive for future price growth.
10

Comparison with other investment alternatives

Investing in this property will give you a slightly better regular return, when compared to other conservative investments.
4

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

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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.

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Rental Data
2 Bedroom properties in “BB12” are mostly listed between £360 - £450. There is limited data on listings in proximity to this property.

These figures should only be used as a guide, always get a rental assessment from a professional.
This is the potential achievable yield.
Potential Return-on-Cash Invested