110 Gannow Lane, Burnley, BB12
By Fardella & Bell Ltd
£ 230,000
Reviews
2 out of 5 stars
Fardella & Bell Ltd says ..
Perfect for investors seeking a fantastic opportunity, The Grey Mare Flats offers a ready-made investment with minimal work required.
Property Oracle says ..
This property, located at 110 Gannow Lane in Burnley, Lancashire, is listed as a block of apartments for £230,000. The exterior presents a somewhat dated appearance, with visible signs of wear and tear, including ivy growth on the walls. While the marketing materials highlight the property as an investment opportunity requiring minimal work, a closer inspection of the photographs suggests some degree of renovation or modernization may be necessary. The internal images reveal a mix of functionality and a need for updating in various rooms and areas. Furnishings are dated, and the property appears somewhat cluttered in the provided images. The location in Gannow offers decent proximity to schools and transportation, but the lack of garden space is a notable drawback. The listed price is considerable given the condition and the unspecified size of each apartment. Additional information about the size of individual apartments and their potential rental yield would be crucial in determining the overall value and potential return on investment. Overall, this property presents itself as a potentially worthwhile investment for those comfortable with renovation projects and seeking rental income. However, prospective buyers should carefully assess the condition, conduct thorough inspections, and conduct a detailed financial analysis before making a decision.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 4
- Location
- 6
- Land
- 1
- Bedrooms
- 4
- Bathrooms
- 4
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
- 132,500.00 £Increased by 21.44 %
- Average area rental value
- 115.00 £/moDecreased by 78.34 %
- Est rental Yield
- 1.04 %Decreased by 82.19 %
- Crime Rate
- 14.00 %Unchanged by 0.00 %
Agent Activity
Fardella & Bell Ltd created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Ightenhill Children'S Centre | Children's Centre | 0.21 KM | |
| Ightenhill Nursery School | Local Authority Nursery School | Outstanding | 0.32 KM |
| Burnley Ightenhill Primary School | Community School | Good | 0.33 KM |
| Whittlefield Primary School | Community School | Good | 0.55 KM |
| Taywood Nursery | Local Authority Nursery School | Outstanding | 0.84 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Acorn Mews | £ 69,975 | 0 | 0.00 KM |
| Carter Street | £ 85,000 | 0 | 0.00 KM |
| Claremont Street | £ 85,000 | 0 | 0.00 KM |
| Beatrice Avenue | £ 94,950 | 0 | 0.00 KM |
| Heron Court | £ 80,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Burnley Barracks | 2743 | BUB | 1.36 KM |
| Rose Grove | 2722 | RSG | 1.44 KM |
| Burnley Manchester Road | 2549 | BYM | 2.45 KM |
| Burnley Central | 2550 | BNC | 2.83 KM |
| Hapton | 2557 | HPN | 5.23 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| 110 Gannow Lane, Burnley, BB12 | £ 230,000 | BUY | 4 / 10 | 0.00 KM |
| Gannow Lane, Burnley, Lancashire, BB12 | £ 230,000 | BUY | Unknown | 0.01 KM |
| 16 Dickson Street, Burnley BB12 6QQ | £ 15,000 | BUY | Unknown | 0.04 KM |
| Gannow Lane, Burnley | £ 50,000 | BUY | 4 / 10 | 0.06 KM |
| Wordsworth Street, Burnley, Lancashire, BB12 | £ 59,000 | BUY | 3 / 10 | 0.08 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 100 Gannow Lane | £ 62,999 | 0.04 KM |
| 74 Gannow Lane | £ 49,000 | 0.04 KM |
| 102 Gannow Lane | £ 39,000 | 0.04 KM |
| 86 Gannow Lane | £ 28,000 | 0.04 KM |
| 14 Dickson Street | £ 33,500 | 0.05 KM |