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Offers Over   |   Ref: 31497451

£135,000

Nairne Street, Burnley

  •   2 Bedrooms
  •   2 Bathrooms
  •   2 Receptions

An ideal investment providing an instant cashflow!

This property consists of two first floor flats, both currently tenanted…

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Key features

  • Ideal Investment
  • Instant Cash Flow
  • Residential/Commercial
  • Great Potential
  • Two Tenanted Flats
  • Leasehold
  • Currently Managed
  • Large Cellar
  • Two Commercial Units
  • Close To Town Centre

Full property description

An ideal investment providing an instant cashflow!

This property consists of two first floor flats, both currently tenanted and managed by our property management team, and commercial units on the ground floor. It also has a large cellar, perfect for storage.

Walking through the front door you come into a hallway, there is a door to the left and a door to the right, these are the commercial units. One of the workshops is currently rented out and the other one is used by the current owner as a storage space. There is great potential here to create two shop fronts and turn them into functional office spaces.

Carrying on down the hallway this leads to the back door and the stairs to the apartments. The apartments can be accessed from the back door and kept separate from the commercial units if required.

Going up the stairs you come to the apartments. Flat 1 has recently been let and they have signed a 6 month agreement paying £410pcm. This is an L shaped studio apartment, the kitchen has matching wall and base units with integrated oven and hob. The bathroom has a white three piece bathroom suite.

Flat 2 is a 1 bedroom flat with a long term tenant, currently paying £300pcm. The flat briefly comprises open plan kitchen and living space, a double bedroom and a bathroom with white three piece suite.

The lease is 999 years and started in 1902. There are 879 years remaining. The ground rent is £3.30 per annum. Read more

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Property listed with…

Petty Real, Burnley

26 Manchester Rd, Burnley BB11 1HH

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