1-bedroom flat · BB11 1DZ
Let agreedListed 41 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Second Floor Studio Flat | Hargreaves Street, Burnley Town Centre Town centre living, a fresh new look and a simple open-plan layout – this second floor studio on Hargreaves Street has recently been redecorated and is ready for someone new to make it home.
The studio combines the living and kitchen areas into one practical, open-plan space, with a modern fitted kitchen and fresh, neutral décor throughout.
It's clean, comfortable and easy to maintain, making it a great base for someone who wants to be close to the centre of Burnley and well connected for travelling further afield. And the location?
Step outside and you're already in Burnley town centre, with a great choice of shops, supermarkets, independent places to eat, bars and everyday essentials all within walking distance.
Burnley Bus Station is nearby, with regular connections throughout East Lancashire and the Witchway service providing a direct link towards Manchester.
You've also got two railway stations within walking distance.
Burnley Manchester Road provides direct services towards Manchester, Leeds and Blackpool North, while Burnley Central is handy for connections across East Lancashire and towards Preston.
For anyone commuting without wanting to rely on a car – or who simply likes having everything within easy reach – the location does a lot of the work here.
Rent & Tenancy Information Rent: £475 per calendar month Tenancy Deposit: £545 Holding Deposit: £105 The holding deposit secures the property while referencing is completed and will be deducted from your first month's rent upon successful completion.
Could this be your next place? If a clean, modern studio with the convenience of town centre living sounds like what you're looking for, we'd love to show you around.
Contact the True North Property Partners team to book your viewing and secure your place on the viewing list.
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
Agent & docs
FAQ
About Hargreaves Street, Burnley
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