Westgate, Burnley, BB11
Duckworths Estate Agents logo

Westgate, Burnley, BB11

By Duckworths Estate Agents

£ 200,000

Reviews

2 out of 5 stars

Duckworths Estate Agents says ..

Investors' dream! This remarkable 8 bed HMO in a prime location offers excellent ROI potential. Spacious communal areas, well-appointed bedrooms, and high rental demand make it a lucrative opportunity not to be missed.

Property Oracle says ..

This 8-bedroom property in Burnley, Lancashire, presents itself as a mixed-use opportunity, suitable for either a large family or as a potential HMO (House of Multiple Occupancy). The property is conveniently located near Burnley Barracks train station and several schools, including Burnley Holy Trinity Church of England Primary School and Burnley College, offering easy access to transportation and education. The images reveal some parts are in good condition, such as the kitchen, which appears modern and updated. However, other areas, particularly several bedrooms and bathrooms, exhibit signs of age and wear and could benefit from renovation. The complete lack of a garden or outside space is a significant drawback. The absence of details on property square footage and the price per square foot, in addition to the incomplete nearby property data, makes a detailed comparison of value difficult. The property is listed at £200,000; while several nearby properties on Ward Street are listed at similar values, a more precise comparison cannot be made due to incomplete information on those properties. Overall, the property shows potential but would require significant investment in some areas to bring it up to a consistent standard.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
5
Location
7
Land
1
Bedrooms
8
Bathrooms
2
Sqft (est)
2,469.50

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
458,408.00 £
Increased by 13.88 %
from 402,530.00 £
Est sale value
1,047,068.00 £
Decreased by 0.70 %
from 1,054,476.50 £
Average area rental value
1,528.00 £/mo
Decreased by 13.13 %
from 1,759.00 £/mo
Est letting value
2,469.50 £/mo
Unchanged by 0.00 %
from 2,469.50 £/mo
Est rental Yield
4.00 %
Decreased by 23.66 %
from 5.24 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Duckworths Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Burnley Holy Trinity Church Of England Primary SchoolVoluntary Aided SchoolGood0.60 KM
Burnley CollegeFurther EducationOutstanding0.69 KM
The Aspire Hub, BurnleyOther Independent Special SchoolGood0.73 KM
The Heights BurnleyFree Schools Alternative Provision0.86 KM
Coal Clough AcademyAcademy Alternative Provision Sponsor LedGood1.01 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Ward Street £ 195,00000.00 KM
Queen's Lancashire Way £ 110,00000.00 KM
Piccadilly Road £ 65,00000.00 KM
Brick Street £ 000.00 KM
The Moorings £ 185,82500.00 KM

Nearby Transport

NameNLCTLCDistance
Burnley Barracks2743BUB0.63 KM
Burnley Manchester Road2549BYM0.74 KM
Burnley Central2550BNC0.89 KM
Rose Grove2722RSG3.39 KM
Brierfield2554BRF4.11 KM

Nearby Listings

AddressPriceTypeScoreDistance
Westgate, Burnley, BB11 £ 200,000BUY5 / 100.00 KM
Westgate, Burnley, Lancashire, BB11 £ 179,950BUY5 / 100.04 KM
Westgate, Burnley, BB11 £ 190,000BUY5 / 100.04 KM
78 Westgate, Burnley, Lancashire, BB11 1RY £ 100,000BUY5 / 100.06 KM
Westgate, Burnley £ 139,950BUY5 / 100.10 KM

Nearby Properties

AddressPriceDistance
36 Westgate £ 78,0000.04 KM
78 Westgate £ 119,0000.04 KM
40 Westgate £ 70,0000.04 KM
74 Westgate £ 195,0000.04 KM
80 Westgate £ 75,0000.04 KM