£195,000

4 bed commercial property for sale in Lyndhurst Road, Burnley, BB10 (ref: 611495)

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Key Features

  • Commercial & Residential Property
  • Business Can Be Included
  • HMO Potential
  • Excellent Location
  • Investment Opportunity
Exciting Investment Opportunity: 4-Bedroom Apartment & Commercial Shop – Lyndhurst Road, Burnley

Presenting a unique opportunity to own a mixed-use property on Lyndhurst Road in Burnley, offering both a spacious 4-bedroom apartment and a commercial shop. The property is perfect for investors looking to maximize returns, with multiple income streams available.

Property Features:

4-Bedroom Apartment – A generously sized residential space with great potential. Ideal for conversion into a House in Multiple Occupation (HMO), offering fantastic potential for high rental yields. The apartment requires work to transform into an HMO, subject to necessary planning consents.

Commercial Shop – Situated on the ground floor, the shop is currently leased, ensuring business continuity without disruption. The business is optional and does not affect the sale of the property, providing flexibility to potential buyers.

Business Optional – The current business holds a lease, ensuring no impact on its operations if you prefer to retain it as an investment property.

HMO Potential – The apartment upstairs offers a fantastic opportunity for conversion into an HMO, catering to the growing demand for shared accommodation in the area.

High-Yield Potential – With both residential and commercial rental opportunities, this property is an excellent choice for investors seeking multiple revenue streams.

Don’t miss this rare opportunity to acquire a property that offers the best of both worlds – a thriving commercial space and a spacious apartment with investment potential.

For more details or to arrange a viewing, please contact E&M Property Solutions today.

What this property offers

  • Investment Opportunity

Stamp duty due

Based on a sale price of £195,000 the total amount of stamp duty payable will be:

*

Last updated: The calculator has been updated to reflect changes in stamp duty following the Mini Budget on 23rd September 2022.

* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.

13 Property images

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Further Details

  • Status: Available
  • Size: 1066 sqft
  • Tenure: Leasehold
  • Tags: Investment Opportunity
  • Reference: 611495

Location

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