Portfolio of Residential Properties in Burnley

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A fantastic opportunity to acquire 14 freehold, currently fully let residential properties generating an income of 9% p.a. With a slight moderate tweak in the next 12 month this could increase to closer to 10%. These properties are let out to both blue chip clients (company lets) and regular AST tenants which has proved a highly successful business. A purchaser would immediately have an impressive income without rent void periods or worry. There is also a terrific uplift opportunity on this portfolio and early viewings are highly recommended.


Burnley is a thriving market town surrounded by the breath-taking Pennine countryside. Whether you like hiking, cycling, windsurfing, kayaking, horse riding, golf or sailing, it’s all available right here. Burnley was identified as one of the UK’s top towns for the growth of its digital technology sector, according to information compiled by Tech Nation 2018. In 2010 Burnley established a state of the art and sought-after University. The town benefits from good arterial road links and both excellent train and bus links to the rest of the UK.


This investment has been owner operated successfully for many years with local representation. It is remotely managed from Devon which has proved to be simple and for someone seeking a successful easily managed property portfolio, this is probable as good as you will ever get. With the University demand for additional quality accommodation, this is an ideal opportunity to keep the blue-chip company and if the existing AST tenanted properties were to be converted to student lets the gross return would be nearer 15%.


Number, Address, Type, Reception Rooms, Bedrooms, Tenancy Type

1, Herbert Street, Mid terrace, 1 + B, 3, AST
2, Waterbarn Street, Mid terrace, 2, 2, AST
3, Queensberry Road, Mid terrace, 2, 3, AST
4, Sandhurst Street, End Terrace, 2, 2, Company Let
5, St Andrews Street, End Terrace, 2, 3, Company Let
6, Green Street, Mid terrace, 2, 2, Company, Let
7, Green Street, Mid terrace, 2, 2, AST
8, Ford Street, Mid terrace, 2, 2, AST
9, Towneley Street, Mid terrace, 2, 2, Company Let
10, Waterbarn Street, Mid terrace, 2, 2, Company Let
11, Kyan Street, End Terrace, 2, 2, AST
12, Pembroke Street, Mid terrace, 3, 3, Company Let
13, Brennand Street, Mid terrace, 2 + B, 2, AST
14, Brush Street, End Terrace, 2, 2, AST


The total income for the above properties without void period is £69,740 per annum. (full breakdown of individual properties is available).


All the properties benefit from the following: electricity, gas, water supply, sewage, which, are all connected. None of these services have been tested by the agents Ware Commercial


Ware Commercial understands all the properties are in Council Tax Band A. Please make your own enquiries on the local Valuation Website (VOA) at Valuation Office Agency




All viewings and enquiries to be made through the agents Ware Commercial

Tel: 01803 328880

Email: [email protected]

Website: www.warecommercial.com

Misrepresentation Act

Misrepresentation Act 1967. The Particulars are not considered a formal offer, they are for information only and give a general idea of the property. They are not to be taken as forming any part of a resulting contract nor be relied upon as statements or representations of fact. Whilst every care is taken in their preparation, no liability can be accepted for their accuracy. Intending purchasers must satisfy themselves by personal inspection or otherwise as to the correctness of these particulars.