How much is 37, Reed Street, Burnley?

The starting price is £50,000.

37, Reed Street, Burnley, BB11 3LP

House · BB11 3LP

645 sq ftEPC C- Ideal Investment Opportunity Subject To The Usual Consents · - Near Burnley Town Centre · - Located Close To Turf Moor

Starting price

£50,000

Auction: 28-day completion

Listing removedListed 290 daysAuction 17 Feb · ended

Investor metrics

HMO Article 4 Direction AreaArticle 4 Direction: Houses in Multiple Occupation · C3 → C4 HMO conversion requires planning permission here

Opportunity summary

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About

The property

For sale by online auction starting on Tuesday 17th February 2026, bidding will be on the Auction Agent website.

A mid-terraced property which is an ideal opportunity for a buy-to-let investor, first-time buyer or developer subject to the usual consents.

The property comprises two bedrooms, a reception room, lounge, kitchen and bathroom. Externally there is an enclosed yard to the rear.

The property is located within walking distance of Springfield Primary school, close to Tesco Extra and Burnley Town Centre where there are a good selection of local amenities such as shops as well as other schools close by.

It is well placed for public transport links and is a short drive from the M65 motorway making it ideal for commuting and close by to Turf Moor, home to Burnley fc. The property is vacant.

Guide Price £50,000 – £70,000. Buyers are advised to check the legal pack before bidding, this will be available on the Auction Agent website once received.

Buyers are also advised to check the website for any updates to the lot before the auction.

Key information

Price per sq ft

£78/sq ft

Based on 645 sq ft (60 sq m)

Floor area

645 sq ft (60 sq m)

EPC rating

current

Property age

Built 1900–1929

Local authority

Burnley

District

County

Lancashire County

Property features

- Ideal Investment Opportunity Subject To The Usual Consents
- Near Burnley Town Centre
- Located Close To Turf Moor
- A Good Selection Of Shops And Schools Nearby

Value & comps

What is it worth?

No previous sales on record.

Comparable salesNo comps yet

No comparable sales matched this property yet.

Auction

What is it worth at the hammer?

Auction intelligence

Pro

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Returns

What does it return?

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Rent evidence

Rental benchmark

Nearby rental comparables

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Local SA Market

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Archie refurb estimate: a Pro feature

Model an offerFeeds your report · not a commitment

0.0% below starting price

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Investment Disclaimer

This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.

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 advisers before making any investment decisions.

Past performance does not guarantee future results. Tax implications vary by individual circumstances.

Mortgage

Deal

Is it a deal?

Archie’s verdict

Archie has scored this property.

Deal score · weighted

Weak signals — move on

Factor breakdown

BMV discountNot calculated on auction lots — a guide price is a starting price, not an asking price.

0/25

Yield potential—

0/25

Motivation signalsNot enough data

0/25

Days on market290 days · price-fatigue

25/25

—

Seller motivation

Not scored yet

Days on market290

Price reduction—

STC fall-through—

Back to market—

Agency change—

EPC ratingC

Listing timeline

First listedListed at £50,0005 Jan 2026

Still activeDay 290 on marketToday

Strategy fit

No strategy scores available yet.

Article 4HMO Article 4 applies

HMO Conversion Potential

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.

Tier, yield projection, and cost stack — Pro tier only.

PD Conversion Potential

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.

Tier, route, yield projection, and cost stack - Pro tier only.

BRRR Candidate

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.

Tier, refurb cost, ARV, and refi maths - Pro tier only.

Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

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.