The property
TENANCY
Tenanted
TENURE
Leasehold
5 bedrooms
1 bathroom
1 reception room
TBC
Fully Furnished
Leasehold information
- Length of lease: 999 years
- Year lease started: 1895
- Years left on lease: 872 years (from 2022)
- Service charge: n/a
- Service charge review period: n/a
- Ground rent: peppercorn
- Ground rent review period: n/a
Property information
- Fully refurbished HMO
- Works are due to complete soon
- Split over 2 floors
- 5 x bedrooms
- Shared kitchen and lounge
- Shared bathroom
- Separate WC
- EPC rating: C
- Council tax band: A
Rental income
- SERCO is ready to sign a 7-year FRI lease with a 3-year extension and move in
- Expected rental income: £1,512.50 pcm; £18,150 pa
- The displayed gross rent and gross yield are reflecting the net amounts; we are unable to display net figures at present
Location information
- The property is located in the Rosegrove area of Burnley
- Burnley town centre is around 2.4 miles drive from the property
- There is a bus stop near the property with regular services into town
- Local amenities can be reached in under 5 minutes on foot
- The nearest train station is Rose Grove, which is a 10-minute walk away
Note
Please note that Vesta has not visited this property and that the vendor has provided all material.
The photos are not of the exact property and are for illustrative purposes only. However, they do represent the standard of previous developments from this vendor and to which this property will be refurbished.
The floorplans do reflect this property following the completed works.
Floorplans
Documents available on request, please contact for viewings or further questions.
The information relating to this property is supplied by the vendor and was the latest available information at the time of listing. Certain information may expire or become inaccurate over time.
Vesta makes no warranty as to the accuracy or completeness of the property listing or any associated information. All information should be reviewed by the purchaser and their solicitor.
About Burnley, Lancashire
Burnley is a town in Lancashire, north-west England. It lies around 21 miles north of Manchester and 20 miles east of Preston.
Burnley is very well connected via road and rail. Junctions 9, 10 and 11 of the M65 motorway serve the town, running west to Accrington, Blackburn and Preston where it connects to the M6, and north-east to Nelson and Colne. There are several A roads going through town and the A56 dual carriageway links to the M66 motorway going to Manchester and the M62.
There are four railway stations in town, Burnley Manchester Road, Burnley Central, Burnley Barracks and Rose Grove. Trains are operated by Northern, with an hourly semi-fast service from Manchester Road to Preston and Blackpool North, Leeds and York. Whilst Central and Barracks stations run services to Blackpool South and Preston as well as Nelson and Colne.
Burnley is surrounded by the Pennine countryside and is ideally located for anyone who enjoys outdoor activities. For example, the Prairie Sports Village, which offers excellent facilities for golf enthusiasts. There is a golf course, driving range, mini golf, lessons and golf activities for juniors such as footgolf. At Thompson Park there are rowing boats or kayaks for hire, and at Clowbridge Reservoir activities include windsurfing and sailing. The town’s waterways are also ideal places for a walk or an escape into nature. On Crown Point Moor stands the iconic Singing Ringing Tree, a three-meter-tall steel sculpture.
Other attractions include the two historic houses Towneley Hall and Gawthorpe Hall. Towneley Hall is surrounded by historic parkland with woodland walks, formal gardens, sculpture and nature trails. There are annual cultural events such as the Burnley Literary Festival and the Canal Festival. The Mechanics Theatre and Burnley Youth Theatre offer a varied programme throughout the year for the whole family.
The manufacturing sector remains very strong in Burnley and key manufacturing employers are in highly specialised fields such as: Safran Aircelle (aerospace), GE (aerospace), AMS Neve (professional audio), TRW Automotive and Futaba-Tenneco UK (automotive components). Burnley still has strong economic links with Manchester and Leeds as well as neighbouring towns along the M65.
Lowerhouse Lane,
Burnley,
Lancashire,
England,
BB12 6HZ
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