2 Bedroom Apartment

Castlerigg Drive, 
Burnley, 
BB12 8AT
Purchase price
£115,000
  • Size: 53 sqm
  • Tenanted
ATTRACTIVELY PRICED TWO-BEDROOM APARTMENT IN BURNLEY – IDEAL FOR INVESTORS AND OWNER-OCCUPIERS! Ground floor two-bedroom apartment with a south-facing rear garden.
  • Financial Performance*
Gross rent
£7,680
Ground rent
£25
Net income
£7,655
Gross yield
6.68%
Net yield
6.66%
  • Key Features
  • Vacant Investment Opportunity
  • Ground Floor Apartment
  • Two Bedrooms
  • One Bathroom
  • Long Lease
  • Low Ground Rent and No Service Charge
  • Popular Residential Location
  • Off Road Parking To The Side
  • Enquire For Video Tour
  • South Facing Rear Garden

An excellent opportunity to acquire a well-proportioned ground floor two-bedroom apartment on Castlerigg Drive, Burnley. Offered with vacant possession, the property presents an attractive opportunity for both investors looking to expand their portfolios and owner-occupiers seeking a home with valuable outdoor space and convenient parking.

The accommodation comprises two bedrooms, a bathroom and a spacious living area, offering a practical layout with plenty of potential. The property forms part of a small block of just four apartments and benefits from a south-facing rear garden, a small front garden, a private driveway to the side and communal parking to the front.

For investors, the property offers the opportunity to secure a rental investment in an established residential area of Burnley, with the flexibility to choose a tenant and set up a new tenancy from completion. For owner-occupiers, the ground floor position, private outdoor space and off-road parking make this a particularly appealing alternative to a traditional flat.

Castlerigg Drive is conveniently situated within the wider Burnley area, with access to local amenities, schools, transport links and surrounding towns. Burnley continues to attract interest from property investors due to its comparatively affordable property prices and established private rental market, while offering buyers the opportunity to secure a home at an accessible price point.

The wider borough has also seen continued focus on regeneration, housing and economic development, supporting its appeal to buyers seeking both a place to live and potential longer-term investment opportunities.

Whether you are a first-time buyer, looking to downsize, or an investor seeking your next rental property, this versatile apartment is well worth considering.

  • Financial Performance *
Gross rent
£7,680
Ground rent
£25
Net income
£7,655
Gross yield
6.68%
Net yield
6.66%

Fill in your details below to enquire about property YL-08614
2 Bedroom Apartment

Castlerigg Drive, 
Burnley
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*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.
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