Modern Method of Auction
Auction date not yet published
1-bedroom terraced house · BB12 8DR
For saleListed 46 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic business and investment opportunity – fully equipped chip shop/takeaway with one bedroom flat above – popular and well-populated locality – excellent trading potential – ready to open and trade – rear yard and additional side land An exciting opportunity to acquire a versatile mixed-use property combining a fully equipped ground floor chip shop/takeaway together with a one bedroom self-contained flat to the first floor, occupying a prominent position within a popular and well-established residential locality.
The property offers an excellent opportunity for an aspiring owner-operator, established takeaway business or investor looking to acquire a premises with genuine trading potential and the added benefit of residential accommodation above.
The ground floor takeaway is fully equipped and ready for a new owner to open the doors and commence trading, with the sale including a range of commercial equipment such as deep fat fryers, refrigeration, chip dump and kebab rotisserie.
To the rear is a useful kitchen preparation area, providing additional workspace and storage facilities.
The first floor provides a one bedroom flat, offering useful ancillary accommodation and comprising a living room, small bedroom and en-suite shower room.
This additional residential element could provide valuable accommodation for an owner/operator or potential rental income, subject to any necessary consents.
Externally, there is a rear yard, together with a sizeable side grassed area which also forms part of the property.
This additional land offers potential for a variety of uses and may lend itself to the creation of off-road parking, subject to the necessary planning permissions and consents.
Situated within a popular residential area with a large local population, the property enjoys excellent potential for a takeaway business serving the surrounding community.
With the commercial premises already fitted out and equipped, this represents an attractive opportunity to acquire a ready-made business premises with residential accommodation and further potential, making this a particularly interesting proposition for both owner-occupiers and investors alike.
Early viewing is strongly recommended to fully appreciate the position, equipment, accommodation and potential this property has to offer.
Auctioneer Comments This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period.
Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided, which you must view before bidding. The buyer will pay £300 inc VAT for this pack.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc VAT.
This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.
These services are optional Auctioneer Comments This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period.
Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided, which you must view before bidding. The buyer will pay £300 inc VAT for this pack.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc VAT.
This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.
These services are optional
Value & comps
No previous sales on record.
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Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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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 48, Ingham Street, Burnley
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