Petty Real are delighted to present this excellent investment opportunity on Cog Lane, Burnley. Offered for sale with a sitting tenant in situ, currently paying £425 per calendar month, the property generates an annual income of £5,100—presenting an attractive yield for investors.
Upon entering the property via the entrance vestibule, you are welcomed into a generously proportioned reception room. This spacious living area offers ample room for a variety of furniture configurations, making it a versatile and comfortable space.
To the rear of the property lies a practical kitchen, fitted with worktop space along both the near and rear walls, providing an efficient and functional cooking environment.
Upstairs, the property offers two well-sized bedrooms. The master bedroom is located to the rear and benefits from peaceful views over the yard, while the second bedroom sits at the front of the house. Both rooms are bright and adaptable, suitable for double beds and additional furnishings.
The family bathroom comprises a three-piece suite including a bath with overhead shower, wash basin, and WC—perfectly suited to the needs of modern living.
Externally, the property features a private rear yard, ideal for low-maintenance outdoor space or storage needs.
Key Details:
Tenure: Leasehold EPC Rating: D Council Tax Band: A
This is a fantastic opportunity to acquire a ready-made investment with a tenant in place, in a popular and well-connected area of Burnley.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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