Go back

3 Bed Terraced House For Sale Brooklands Road, Burnley, BB11

£129,950- Terraced

Yield: 4.95%
1 of 15
Yield: 4.95%
Save
  • Rental Guide: £425 - £540
  • 3 Bedroom(s)
  • Description
  • Street View
  • Maps

Key Features

  • Rear Parking/garage
  • Stone Built Mid Terrace
  • Three Bedrooms
  • Close To Towneley Park
  • Large, Rear Garden
  • Great Family Home
  • Modernization Needed
  • Two Reception Rooms
  • Attic And Cellar
  • Viewing Is A Must
Last Updated: 16th March 2021

Description

Fantastic opportunity to acquire this stone-built mid-terrace in an elevated position with the potential to be an amazing family home within walking distance to Towneley Park. Perfect for any growing families or investors looking to add their own stamp to this large, spacious home.

Close to local nurseries, Towneley Park, bus stops, and lovely countryside walks. Viewing is a must to see the property and the potential it oozes.

The property is in an elevated position with a garden forecourt. Entering the property you're welcomed into the entrance vestibule with parquet flooring and hallway providing access to the front living room which has a range of original features such as a stunning bay window, high ceilings, and picture rails. To the rear is the dining room overlooking the rear yard and access to the cellar. The rear galley kitchen has a range of matching wall, base, and drawer units with the potential to extend into the utility room.

On the first floor, there are three bedrooms, one double and two generous sized single bedrooms, one of which provides access to the three-piece family bathroom comprising low-level WC, hand wash basin, and a walk-in shower with an electric shower.

Additionally, there is an attic room that could be converted into another bedroom or used as office space for those working from home. There is eaves storage which runs the length of the house and can be accessed from the attic room.

Externally there is a garden forecourt to the front and an enclosed rear yard with a useful outbuilding. Across the back street, there is off-road parking with a single garage and a large garden space with fantastic potential to turn this into something special to entertain guests in summer.
Agent Details
Petty Estate Agents Ltd
32, Manchester Road, Burnley, BB11 1HH
Show Contact Number
01282 415 111
**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.
4.5

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:
£3,899
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.
5

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 3 bedroom property. See more properties like this.

Property Image
9.5
£75,000
Terraced
Yield: 8.58%
ROCI: 27%
Property Image
8.4
£80,000
End Of Terrace
Yield: 8.25%
ROCI: 26%
Property Image
6.8
£89,950
Terraced
Yield: 7.34%
ROCI: 23%
See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

One&Only Pro 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.
Rental Data
3 Bedroom properties in “BB11” are mostly listed between £425 - £540. 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