Castlerigg Drive, Burnley, BB12 8AT
Listed 13 Aug 2026 · price reduced 1 Sept 2026 · Burnley
How the price compares
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
About this home
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 Breakdown
Gross Rent: £7,680.00 Net income: £7,655.00 Gross yield: 6.68% Net yield: 6.66% Please contact agent for full financial breakdown.
IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
yieldit ref: YL-08614
Property details
- Property type
- Apartment
- Parking
- Yes
- Garden
- Yes
Floorplan
Location
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1 on this map
- Rose Grove Station0.8 mi
- Burnley Barracks Station0.9 mi
- Burnley Central Station1.3 mi
What nearby homes sold for
Median sold prices in BB12 over the last 12 months: terraced £115k · detached £315k · semi-detached £190k · flat £84k.
| Address | Type | Sold | Price |
|---|---|---|---|
| 67 Castlerigg Drive Burnley BB12 8AT | Semi-detached Freehold | 7 Apr 2026 | £185,000 |
| 68 Castlerigg Drive Burnley BB12 8AU | Terraced Freehold | 27 Jun 2025 | £135,000 |
| 6 Castlerigg Drive Burnley BB12 8AU | Terraced Freehold | 19 Jun 2024 | £100,000 |
| 4 Castlerigg Drive Burnley BB12 8AU | Semi-detached Freehold | 28 Mar 2024 | £145,500 |
Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in BB12
Buying costs
Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.
Listed by yieldit, Manchester on Rightmove (original listing). First listed 13 Aug 2026; details checked 7 Nov 2026. Latest change: reduced on 01/09/2026.
Agent disclaimer
Disclaimer - Property reference YL-08614. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by yieldit, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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