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3 Bed Mews House For Sale Branch Road, Burnley, BB11

£115,000- Mews

Yield: 5.59%
1 of 9
Yield: 5.59%
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  • Rental Guide: £425 - £540
  • 3 Bedroom(s)
  • Description
  • Floor Plan
  • Street View
  • Maps

Key Features

  • Modern Mews Property
  • Popular Clarence Gardens Development
  • Close To Towneley Park & Town Centre
  • 3 Bedrooms
  • Lounge With French Doors
  • Dining Kitchen
  • 3-piece Bathroom & 2-piece Cloaks
  • Rear Garden & Patio
  • Private Allocated Parking
Last Updated: 20th March 2021

Description

Presenting an ideal purchase for first time buyers, young families or potential downsizers, this modern three bedroom mews property has been constructed by Keep Moat Homes on the popular Clarence Gardens development providing ease of access to local amenities including Doctor's Surgery, Burnley town centre and Towneley Park.

As you enter the property to the ground floor you are greeted by the entrance hallway where a straight flight staircase ascends to the first floor. A cloakroom houses a two piece suite comprising low level wc and hand wash basin. The dining kitchen is located to the front of the property and houses an L-shaped arrangement of matching wall, base and drawer units with wood effect working surfaces. There is an integrated fan assisted electric oven and four ring gas hob with extractor over, inset sink unit with mixer tap finished with attractive tiled splashbacks in cream. The lounge is positioned to the rear of the property to take full advantage of the rear garden with French doors providing access to an enclosed and private garden with patio and central steps. There is also useful under stairs storage.

On the first floor there are double bedrooms located to the front and rear of the property together with a third single bedroom. The centrally positioned bathroom houses a three piece suite comprising low level wc, pedestal hand wash basin, panelled bath with shower attachment and attractive tiled splashbacks.

Externally to the rear of the property accessed from the lounge is a patio area with wrought iron railings and central steps providing access to a lawned garden area with further patio area and paved pathway. Timber fencing provides security for both children and pets. Additionally to the rear of the property is private allocated parking.

Branch Road is located within a selective licensing area. Selective licensing focuses on improving landlords, managing agents' and management practices.

The property comprises a three bedroom modern mews property situated on the popular Clarence Gardens development by Keep Moat Homes. The accommodation is arranged over two floors and comprises on the ground floor, entrance hallway with straight flight staircase ascending to the first floor and cloakroom housing a two piece suite. The dining kitchen is situated to the front of the property and the main family lounge is located to the rear with French doors which overlook and access the rear garden. On the first floor there are two double bedrooms and a third single bedroom. The centrally positioned bathroom houses a three piece suite. Externally, there is a garden area to the rear together with private allocated parking.

A 3 bedroom modern mews property situated on the popular Clarence Gardens development.
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.
5.1

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:
£3,450
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

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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 “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