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2 Bed Terraced House For Sale Parker Street, Burnley, BB10

£80,000- Terraced

Yield: 6.35%
1 of 13
Yield: 6.35%
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  • Rental Guide: £335 - £425
  • 2 Bedroom(s)
  • Description
  • Street View
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Key Features

  • Superbly Spacious Terrace Property
  • Two Reception Rooms
  • Perfect For First Time Buyers & Investors
  • Three Piece Bathroom Suite
  • Popular Location
Last Updated: 8th April 2021

Description

MID TERRACE - APPROX SQ FT - TWO BEDROOMS - KITCHEN - THREE PIECE BATHROOM - TWO RECEPTION ROOMS - HARLE SYKE

*A spacious terraced property in a fantastic location*

THE PROPERTY: A great opportunity for first time buyers and investors alike to purchase a spacious home in a great locations. Internally comprising of lounge, dining room, kitchen, two bedrooms and a three piece bathroom. Externally an enclosed rear paved yard. Viewing is essential.

THE LOCATION: Located in the ever popular Harle Syke area of Burnley it provides ease of access to Burnley town centre, Burnley hospital, schools and transport links including the m65 motorway network giving access to nearby cities such as Manchester, Leeds and Preston.

AGENTS DETAILS: To view this property contact Laura Doughty at our Burnley office.

Vital information...
Council Tax Band: ATenure: LeaseholdSimilar Properties: 24Borough: Burnley

Entrance
Enter through a uPVC front door with glass insert that leads into the lounge

Lounge
Carpeted flooring, uPVC double glazed window to the front, central heated radiator, fireplace, fixed ceiling lights, staircase to the first floor accommodation, power points

Dining Room
Carpeted flooring, uPVC double glazed window to the rear, ceiling light, central heated radiator, fireplace, power points

Kitchen
Fitted kitchen units with integrated cupboards, drawers and shelves, sink basin, four ring hob, oven, ceiling light, tiled splashbacks, power points, tiled flooring, entrance door leading to the rear

Bedroom 1
Carpeted flooring, uPVC double glazed window tot he front central heated radiator, ceiling light, power points

Bedroom 2
Carpeted flooring, central heated radiator, ceiling light, uPVC double glazed window, power points

Bathroom
Three piece bathroom with a low level WC, bath tub with glass shower screen and direct feed shower mounted over, tiled elevations, hand wash basin, laminate flooring, frosted uPVC double glazed window, storage cupboard, fixed ceiling light, central heated radiator

Externally
Enclosed paved rear yard
Agent Details
Duckworths Estate Agents
24, Manchester Road, Burnley, BB11 1HH
Show Contact Number
01282 412 777
**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.
5.9

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.
2

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:
£2,400
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.
6

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
2 Bedroom properties in “BB10” are mostly listed between £335 - £425. 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