3-bedroom terraced house · BB12 0HW
Sold STCListed 181 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Petty Real are pleased to offer to the market this spacious three-bedroom mid-terrace home, ideally positioned on Faraday Street in the highly sought-after Ightenhill area of Burnley.
Boasting two generous reception rooms and excellent proportions throughout, this property presents a fantastic opportunity for first-time buyers and investors alike.
Requiring some modernisation, the home offers superb potential to add value and personalise to your own taste, making it an ideal project for those looking to create a long-term residence or a strong rental investment.
Importantly, the property benefits from a number of key recent upgrades, including a brand new roof to both the main house and kitchen extension (less than one year old), a recently fitted fridge (under one year old), and a modern shower with cubicle installed just a couple of years ago.
Conveniently located close to local amenities, well-regarded schools, and transport links, the property combines space, location, and opportunity.
Offered for sale with no onward chain, early viewing is highly recommended to fully appreciate the potential on offer. Contact us today to arrange your viewing.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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 Faraday Street, Burnley
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