2 bedroom terraced house

TO BE SOLD BY ONLINE AUCTION ON 26TH MARCH 2025 UNLESS SOLD PRIOR UNDER AUCTION TERMS.

61 Peel Street, Padiham, Burnley BB12 8RP

Nestled in the heart of Padiham, Burnley, this tenanted two-bedroom end-terrace property presents an ideal opportunity for savvy investors seeking a buy-to-let investment with the potential for substantial value enhancement through modernisation.

Edward Mellor Auction have not inspected the property but it is reported to comprise two bedrooms, a spacious living area, a kitchen, and a bathroom. The tenancy agreement reportedly 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 £600 per calendar month.

Padiham boasts a rich history and a close-knit community. Its proximity to Burnley town centre provides residents with access to a wide array of amenities, schools, and leisure options. With its affordable housing market and growing popularity among tenants, Padiham offers a compelling investment proposition.