2 bedroom terraced house for sale
Key information
Features and description
- Tenure: Leasehold (816 years remaining)
- To be sold by online auction
- Buy-To-Let Investment
- Central Location
- Strong Rental Potential
- Excellent Transport Links
TO BE SOLD BY ONLINE AUCTION ON 12TH FEBRUARY 2025 UNLESS SOLD PRIOR UNDER AUCTION TERMS.
7 Bright Street, Padiham, Burnley, BB12 8RA
Nestled in the heart of Padiham, Burnley, this tenanted two-bedroom mid-terrace property presents an ideal opportunity for savvy investors seeking a buy-to-let investment with the potential to add value through modernisation.
Edward Mellor Auction has not inspected it but it is reported to comprise two bedrooms, a spacious living area, a kitchen, and a bathroom. The tenancy agreement states a rental amount of £400 per calendar month please refer to the legal pack for further details.
The market rental amount for similar properties is approximately £650 per calendar month.
Here are some similar properties taken from Land Registry which have sold close by:
17 Burns Street, Padiham, BB12 7EW - Sold 27/09/2023 £85,000 2 bed, Terrace
45 Peel Street, Padiham, BB12 8RP - Sold 11/09/2023 £98,000 2 Bed, Terrace
1 Canning Street, Padiham, BB12 7EZ - Sold 18/07/2023 £79,200 2 bed, Terrace
Padiham is a charming town steeped in history, with a strong sense of community. Its convenient location near Burnley town centre provides easy access to a range of amenities, schools, and leisure facilities. Known for its affordability and increasing appeal to tenants, Padiham is an attractive choice for property investors.
A notice to take remedial action has been added to the legal pack.
EPC rating: C
Sold as seen.
About this agent
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