Go back

3 Bed Terraced House For Sale Plover Street, Burnley, BB12

£85,000- Terraced

Yield: 8.13%
1 of 9
Yield: 8.13%
Save
  • Rental Guide: £460 - £580
  • 3 Bedroom(s)
  • Description
  • Street View
  • Maps

Key Features

  • Stone-built Mid-terrace
  • Three Bedrooms
  • Two Reception Rooms
  • Upvc Double Glazing
  • Enclosed Rear Yard
  • Three-piece Bathroom Suite
  • Close To Transport Links
  • Perfect For Investors Or Ftb
  • Schools Nearby
  • Viewing Is A Must!
Last Updated: 18th March 2021

Description

*ATTENTION INVESTORS! TENANT IN SITU!*

Stone-built, a mid-terraced house situated in an established residential area of Burnley off Padiham Road so close to all local amenities and transport links to Manchester, Leeds & Preston.

The property briefly comprises on the ground floor entrance hall, living room, dining room with open plan kitchen with matching wall, base and drawer units with a range of appliances such as a gas hob and electric oven.

on the first floor, there is a double bedroom and two generous-sized single bedrooms, and a three-piece bathroom suite comprising a low-level WC, hand wash basin, and a bath with an overhead shower.

Externally, there is an enclosed rear yard with a shed which is plumbed for a washing machine. The property is a must to view internally as it is immaculate throughout and the first to view will take.

The property benefits from modern-day comforts such as gas central heating and UPVC double glazing.
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.
8.0

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 good regular return.
8

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:
£2,550
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 higher regular return, when compared to other conservative investments.
8

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
8.5
£150,000
Terraced
Yield: 8.16%
ROCI: 26%
Property Image
7.1
£85,000
Terraced
Yield: 7.57%
ROCI: 24%
Property Image
6.8
£87,500
Semi Detached
Yield: 7.35%
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 “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