2-bedroom bungalow · BB11 4QX
Listing removedListed 140 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on this quiet cul-de-sac in the ever-popular Parklands area of Burnley - yet close to all local amenities & major transport routes - this newly renovated two-bedroom semi-detached bungalow would be perfect for those looking to downsize.
Following the drive, you first enter into a hallway with access to all accommodation on offer, with additional useful storage.
Briefly comprising of spacious lounge, two sizeable bedrooms, fully-tiled three-piece bathroom suite with additional overbath shower, modern kitchen diner & utility extension to the rear.
Externally, there is a private lawned garden to the rear & low-maitenance garden to the front.
Additional benefits include garage with power & two-car driveway, full uPVC Double Glazing & Gas Fired Central Heating throughout. Call us now on or email to arrange a viewing today!
FINANCIALS:- Non-refundable holding fee equal to one weeks rent (£183.46) payable on application. If tenancy proceeds, this is refunded as part of first months rent.
First months rent (£795.00) & £795.00 deposit paid on move-in.
Council Tax: Band C - Burnley Borough Council EPC: Current D 64, Potential B 85 Tenancy Length: Long Term let with initial 6 Month Assured Shorthold Tenancy Reception Room One - 3.66m x 3.66m (12'44 x 12'95 ) - Bedroom One - 3.66m x 2.74m (12'93 x 9'91) - Bedroom Two - 3.05m x 2.44m (10'18 x 8'96) - Bathroom - 2.13m x 1.52m (7'55 x 5'48) - Kitchen - 3.66m x 2.44m (12'72 x 8'16) - Utility Room - 3.05m x 1.52m (10'49 x 5'84) - Garage - 2.24m x 4.83m (7'04 x 15'10) -
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Mellor Close, Burnley
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