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SOLD STC

Rosegrove Lane, Burnley

PROPERTY TYPE

House

BEDROOMS

3

BATHROOMS

2

SIZE

711 sq ft

66 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • 9%+ Yield
  • ROI - £15,000+ Per Annum
  • Two Flats
  • Commercial Barber Shop
  • Modern Fitted Kitchens
  • Open Plan Layouts
  • Close To Train Stations
  • Connections To Manchester
  • Instant Cashflow
  • Fully Tenant Property

Description

Located in a prime location with easy access to motorway links and the Rosegrove train station connecting to Manchester, this property presents a lucrative investment opportunity with its fully tenanted commercial and residential spaces.

The commercial space on the ground floor houses a vibrant barber shop. Upon entry, clients are greeted by a modern interior featuring sleek furnishings. The spacious layout includes designated areas for haircutting, a comfortable waiting area, and a stylish wash basin for clients' convenience. Adjacent to the main area is a separate room designated for tanning services, providing an additional revenue stream for the business. Additionally, a well-appointed toilet and wash basin ensure facilities are readily available for both customers and staff.

The ground floor also is a one-bedroom flat.. The living space boasts an open-plan layout seamlessly integrating the living area and kitchen, equipped with fitted units featuring an electric oven, hob, and extractor hood. The bathroom is fitted with a modern three-piece suite comprising a WC, hand wash basin, and a quadrant shower,

Ascending to the first floor, tenants are welcomed into a spacious two-bedroom flat spanning the length of the property. The open-plan kitchen and living room exude modern elegance, featuring white gloss units arranged in a horseshoe layout, complemented by gas central heating. The kitchen is well-appointed with all the necessary appliances. The accommodation comprises two generously sized bedrooms, providing ample space, the three-piece bathroom is elegantly appointed with a WC, hand wash basin, and a luxurious P-shaped bath complete with an overhead shower.

With its sought-after location and fully tenanted commercial barber shop and flats, this property presents an attractive investment opportunity for discerning investors looking to capitalize on a thriving rental market. The property provides a 95+ yield earning over £15,000 per annum.

Brochures

Rosegrove Lane, BurnleyBrochure
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Rosegrove Lane, Burnley

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Rose Grove Station0.1 miles
  • Burnley Barracks Station1.0 miles
  • Burnley Manchester Road Station1.3 miles
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About the agent

Farrar & Forbes Estate Agents, Colne

Covering Colne

Farrar & Forbes Estate Agents, Colne

Here at Farrar & Forbes we specialise in sourcing the right properties, managing your investments and lettings spanning the Pendle, Burnley and Ribble Valley area. Run and managed by people local to the area, our knowledge of the landscape is like no-one else. We are members of your community and are as proud and passionate about our roots as you are!

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Disclaimer - Property reference 32986832. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Farrar & Forbes Estate Agents, Colne. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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