Cog Lane, Burnley, Lancashire, BB11
By Entwistle Green
£ 65,000
Reviews
2 out of 5 stars
Entwistle Green says ..
This two-bedroom terraced house presents an excellent investment opportunity, ideal for landlords and investors seeking strong returns. With a potential rental yield of over 10%, based on £550pcm this property is sure to attract significant interest. The accommodation comprises a spacious l...
Property Oracle says ..
This two-bedroom terraced house in Burnley, Lancashire, is listed at £65,000. The property’s location is reasonably convenient, with nearby schools and train stations. Cherry Fold Community Primary School and The Rose School, both with ‘Good’ Ofsted ratings, are within walking distance, a factor that could make it attractive to families. The presence of several train stations within a reasonable distance suggests good transport links. However, additional research is needed to ascertain the quality of local amenities and overall desirability of the neighbourhood. Comparing to nearby properties, it’s important to note the significant variance in prices (from £46,000 to £129,950). This indicates a lack of uniform value in the immediate area and requires further investigation to assess if the list price is truly competitive. The property shows some signs of age in the photographs. The interior decor appears dated, and some areas are cluttered. This suggests a potential need for modernization and cosmetic upgrades. However, it seems generally habitable and functional. The exterior also demonstrates elements that would benefit from maintenance. The property’s condition is adequate for immediate habitation but would benefit from improvements to enhance its presentation and appeal to a wider market. The lack of information concerning the plot size suggests that this terraced property is likely to have minimal or no garden space, a limiting factor for many buyers. Overall, while competitively priced in comparison to some nearby properties, the lack of critical information, such as the square footage and the property’s age, hinders an entirely accurate evaluation. The property represents a potential entry-level purchase or investment opportunity, particularly for first-time buyers or investors in the Burnley area. However, potential buyers should be prepared for some refurbishment work and thoroughly investigate the immediate surrounding area and its amenities before making a purchase decision.
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
- 2
- Bathrooms
- 1
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
- 127,631.00 £Decreased by 17.83 %
- Average area rental value
- 711.00 £/moIncreased by 8.72 %
- Est rental Yield
- 6.68 %Increased by 32.28 %
- Crime Rate
- 9.00 %Unchanged by 0.00 %
Agent Activity
Entwistle Green created the listing.
Nearby Schools
Name | Type | Ofsted | Distance |
---|---|---|---|
Cherry Fold Community Primary School | Community School | Good | 0.14 KM |
The Rose School | Community Special School | Good | 0.23 KM |
Taywood Nursery | Local Authority Nursery School | Outstanding | 0.65 KM |
Sure Start South West Burnley Children'S Centre | Children's Centre | 0.65 KM | |
Coal Clough Academy | Academy Alternative Provision Sponsor Led | Good | 0.77 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
Lawrence Avenue | £ 100,000 | 0 | 0.00 KM |
Heron Court | £ 80,000 | 0 | 0.00 KM |
Whinchat Street | £ 241,500 | 0 | 0.00 KM |
Claremont Street | £ 85,000 | 0 | 0.00 KM |
Powell Street | £ 250,000 | 0 | 0.00 KM |
Nearby Transport
Name | NLC | TLC | Distance |
---|---|---|---|
Burnley Barracks | 2743 | BUB | 1.32 KM |
Burnley Manchester Road | 2549 | BYM | 1.90 KM |
Rose Grove | 2722 | RSG | 1.96 KM |
Burnley Central | 2550 | BNC | 2.64 KM |
Hapton | 2557 | HPN | 5.66 KM |
Nearby Listings
Address | Price | Type | Score | Distance |
---|---|---|---|---|
Cog Lane, Burnley, Lancashire, BB11 | £ 65,000 | BUY | 5 / 10 | 0.00 KM |
Cog Lane, Burnley, Lancashire, BB11 | £ 60,000 | BUY | Unknown | 0.00 KM |
Cog Lane, Burnley, Lancashire, BB11 | £ 40,000 | BUY | 4 / 10 | 0.19 KM |
Heather Bank, Burnley, Lancashire, BB11 | £ 100,000 | BUY | 6 / 10 | 0.23 KM |
Lanark Street, Burnley | £ 109,950 | BUY | 6 / 10 | 0.23 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
346 Cog Lane | £ 40,000 | 0.00 KM |
193 Cog Lane | £ 47,399 | 0.00 KM |
189 Cog Lane | £ 45,000 | 0.00 KM |
342 Cog Lane | £ 55,000 | 0.00 KM |
310 Cog Lane | £ 31,000 | 0.00 KM |