38 Queensberry Road, Burnley, Lancashire, BB11 4LH
- Conditional Online Sale
- Offers in Excess of : £160,000
- Bedrooms: 4
THE GOTO GROUP PRESENTS THIS FOUR BEDROOM TERRACED HOME IN BURNLEY - BB11
Tenure
FREEHOLD
Description
*** Please note there are tenants in the property and they will requires 24hrs notice for viewings. ***
Queensberry Road, Burnley, Lancashire, BB11
High-Yield HMO Investment | 10.92% ROI
This fantastic tenanted 4-bedroom HMO terraced property is situated in a highly sought-after location in Burnley and represents an exceptional investment opportunity. Currently let and generating £1,820 per calendar month (£21,840 per annum), the property achieves a superb 10.92% gross yield (based on guide price), making it ideal for shrewd buy-to-let investors seeking immediate returns.
Positioned close to an excellent range of local amenities, the property is just a short drive from Burnley Town Centre and Turf Moor – home of Burnley Football Club, further enhancing its desirability.
Excellent capital growth potential in this prime Lancashire location
This property offers investors peace of mind with a ready-made income stream and no additional setup costs. With strong demand for quality shared accommodation in Burnley, this is a high-yielding asset in a growing market.
The property enjoys a prime position in Burnley, close to local shops, schools, and transport links. Burnley’s regeneration and ongoing investment make it a hotspot for future capital growth.
REACH OUT TO US TO MAKE YOUR APPOINTMENT TODAY!!!
Material information:
The information above has been provided by the vendor, agent and GOTO Group and may not be accurate. Please refer to the property’s Legal Pack. (You can download this once you have registered your interest against the property). This pack provides material information which will help you make an informed decision before proceeding. It may not yet include everything you need to know so please make sure you do your own due diligence as well.
EPC Rating
Current 69| Potential 82
Comments
This property is offered for sale via the Reservation Fee Service which is a flexible and buyer friendly method of purchase. The purchaser will be given 90 working days in which to complete the transaction from the date the Draft Contract is issued by the sellers solicitor.
By giving a buyer time to exchange contracts on the property, normal residential finance can be arranged. The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Merchant may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative.
The buyer will be required to give the Merchant authority to sign the Reservation Form on their behalf and to confirm acceptance of the Terms and Conditions prior to solicitors being instructed. Copies of the Reservation Form and all Terms and Conditions can be found in the Information Pack which can be downloaded from our website or requested from our Merchant.
If the vendor accepts an offer, the buyer will be required to make payment of a non-refundable reservation fee of £1,920 including VAT and a legal pack charge of £396 including VAT. This reserves the property for the buyer during the Reservation Period. Any additional fees and charges over and above this will be confirmed within the terms and conditions available on the website.
The Buyer's Premium is in addition to the final selling price and is considered within calculations for Stamp Duty Land Tax.
All buyers will be required to verify their identity and provide proof of how the purchase will be funded.
Energy Performance Certificate (EPCs)
An EPC is broadly like the labels provided with domestic appliances such as refrigerators and washing machines. Its purpose is to record how energy efficient a property is as a building. The certificate will provide a rating of the energy efficiency and carbon emissions of a building from A to G, where A is very efficient, and G is inefficient. The data required to allow the calculation of an EPC includes the age and construction of the building, its insulation and heating method. EPCs are produced using standard methods with standard assumptions about energy usage so that the energy efficiency of one building can easily be compared with another building of the same type. The Energy Performance of Buildings Directive (EPBD) requires that all buildings have an EPC when they are marketed for sale or for let, or when houses are newly built. EPCs are valid for 10 years, or until a newer EPC is prepared. During this period the EPC may be made available to buyers or new tenants.
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