4-bedroom terraced house · BB11 4JY
Sold STCListed 46 days
Opportunity summary
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About
Four-Bedroom HMO Investment Opportunity – Long-Term Sitting Tenants & Strong Annual Income A fantastic investment opportunity comprising a well-positioned four-bedroom HMO, currently occupied by long-term sitting tenants and producing a strong annual rental income.
Ideally located for access to a range of local amenities and excellent transport connections, this property offers an attractive proposition for both experienced landlords and investors looking to add a well-established income-producing property to their portfolio.
The accommodation provides four bedrooms, offering excellent rental potential, while the benefit of long-term sitting tenants provides continuity of occupancy and an established income stream for the incoming owner.
The property is conveniently situated close to the local railway network, providing straightforward connections to surrounding towns and employment centres, while excellent road links via the M65 motorway make the wider region easily accessible.
A variety of local shops, supermarkets, leisure facilities and everyday amenities are within easy reach, with the town centre also readily accessible, making the location particularly appealing to tenants.
Investment Highlights Four-bedroom HMO Long-term sitting tenants Established rental income Strong annual gross income Excellent investment opportunity Convenient access to local railway network Easy access to the M65 motorway Close to local shops and amenities Within easy reach of the town centre Ideal addition to an existing property portfolio An excellent opportunity to acquire an established HMO investment with tenants already in situ, providing a potentially attractive combination of rental income, tenant longevity and a highly convenient location.
Early viewing is highly recommended to fully appreciate the investment potential this property has to offer. EPC Grade D. Council tax band A.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
BUR250062/2 Room one Upvc double glazed window, gas central heating radiator, bed wardrobe, drawers desk and chair.
Ensuite shower room consisting of; walk in shower cubicle, wash hand basin ,WC. Room Two Upvc double glazed window, gas central heating radiator, wardrobe, bed, drawers, desk and chair.
Room Three Upvc double glazed window, gas central heating radiator, wardrobe, drawers, bed, desk and chair.
En suite shower room, consisting of; walk in shower cubicle, pedestal wash hand basin, WC. Room four Upvc double glazed window, gas central heating radiator, wardrobe, drawers, desk chair bed .
Communal shower room Walk in shower cubicle, pedestal wash hand basin, WC, Gas central heating radiator.
Communal dining kitchen Modern fully fitted kitchen with a range of wall and base units with contrasting work surfaces, integrated electric oven and gas hob, washing machine, fridge freezer.
External Enclosed gated year to rear Tenure leasehold Council tax band A AGENTS NOTES To be able to purchase a property in the United Kingdom all agents have a legal requirement to conduct Identity checks on all customers involved in the transaction to fulfil their obligations under Anti Money Laundering regulations.
We outsource this check to a third party and a charge will apply. Ask the branch for further details.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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 advisors before making any investment decisions.
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 Pritchard Street, Burnley, Lancashire, BB11
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