2-bedroom house · BB12 8QX
Listing removedListed 137 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference: 2930421. Available 22nd June: 2 bedroom mid terrace house. Property comprises separate hallway to lounge and spacious dining room, fitted kitchen & useful storage area.
On street parking and rear enclosed low maintenance yard. The property benefits from GCH, combi boiler & newly decorated.
Close to supermarkets & local amenities, bus routes and M65 motorway nearby, good primary & secondary schools. Affordability Income affordability is 2.5 x the rent.
Rent is £625pm, you must earn/receive £18750pa (625x2.5x12months). Proven income to pass referencing from permanent contracted hours. Income can come from a combination of employment & benefits.
Referencing includes: - employer references - landlord references - credit checks, no CCJs or IVAs permitted Guarantor Employed tenants: Not required unless credit check/financial referencing failed Benefit tenants: Must provide working/homeowner guarantor that will pass referencing Please note - viewings available from 22nd June Summary & Exclusions: - Rent Amount: £625.00 per month (£144.23 per week) - Deposit / Bond: £721.15 - 2 Bedrooms - 1 Bathrooms - Property comes unfurnished - Available to move in from 22 June 2026 - Maximum number of tenants is 3 - Students welcome to enquire - No Smokers - Bills not included - Property has parking - Property has garden access - Property has fireplace - EPC Rating: D If calling, please quote reference: 2930421 Fees: You will not be charged any admin fees.
** Contact today to book a viewing and have the landlord show you round! ** Request Details form responded to 24/7, with phone bookings available 9am-9pm, 7 days a week.
OpenRent endeavours to make all property particulars as accurate and reliable as possible, however if you require any further clarification or information please contact us.
When applying for a tenancy using the Rent Now process, you will be required to pay one month's rent and any deposit before moving in.
This will be paid to OpenRent and released to the landlord once you have moved in. With OpenRent there are no administration fees to pay.
Property Reference two million nine hundred and thirty thousand four hundred and twenty-one
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Pendle Street, Padiham, Burnley
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