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3 Bed Detached House For Sale Fallowfield Drive, Burnley, BB12

£200,000- Detached

Yield: 3.46%
1 of 15
Yield: 3.46%
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  • Rental Guide: £460 - £580
  • 3 Bedroom(s)
  • Description
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Key Features

  • Detached
  • Three Bedroom
  • Large, Rear Garden
  • Fantastic Potential
  • Corner Plot
  • Close To River Calder
  • Stylish Bathroom
  • Open Plan Kitchen/diner
  • Detached Garage/office
  • Viewing Is A Must!
Last Updated: 18th March 2021

Description

Perfect family home in the highly sought-after area of Ightenhill. Close to local schools, amenities, bus stops, and the River Calder. This three-bedroom detached home is perfect for any growing families or first-time buyers.

Entering the property into the entrance hallway you can find access to the downstairs WC and also the front living room which the uPVC double glazed window allows in an abundance of light and has double doors leading to the rear dining room & kitchen which has an open plan layout and fitted with matching wall, base and drawer units in white gloss with contrasting working surfaces with a range of appliances such as electric oven and hob. There is also useful understairs storage.

On the first floor, there are two double bedrooms, one of which has fitted wardrobes which benefit from garden views. There is also a generous-sized single bedroom. The three-piece family bathroom comprises a low-level WC, pedestal hand wash basin, and paneled bath with overhead electric shower with stylish tiles.

Externally there is a laid lawn to the front, with a side gate leading to the back garden and patio area which provides buyers with fantastic potential to extend. The detached single garage has an electric roll-up door and has the electricity to be used as a utility room with office space at the rear.
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 fully classified.
3.1

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:
£6,000
The governments recent policies including, not to add additional tax to this property price band, will be positive for future price growth.
9.5

Comparison with other investment alternatives

Investing in this property will give you a slightly better regular return, when compared to other conservative investments.
3

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.

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 “BB12” are mostly listed between £460 - £580. 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