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Try looking at some of these:
[Easiest] FIX for Error 0x80004005- Windows 10/8/7
How to fix – Error code 0x80004005 in different cases
https://support.microsoft.com/en-us/kb/914232
BEST FIX: Steps to fix error 0x80004005
0x80004005 error fixing method on windows7 32bit and 64bit Computing - YouTube
How to Fix PC Error 0x80004005 - YouTube
Simple google search may be your friend.
You cannot BURN to a BD-ROM drive, it is a read only, typically virtual drive created by ISO programs, etc.
Choose another, typically your DVD Burner.
I assume you have the ISO file saved to your hard drive? Do you have a blank DVD-R inserted in the drive? An error will likely ruin the DVD-R, so you have to start with a fresh one. For Windows 7, I recommend using IMGBURN to burn the ISO file to DVD:
The Official ImgBurn Website
ImgBurn used to be recommended too widely till we come to know that it bundles PUPs like OpenCandy.
CDBurnerXP is comparatively safe as a free program, depending on its download process. If we do to the 'Download' Tab of the Website: https://cdburnerxp.se/en/download
And then click on the 'More Download Options', it provides a version that is said to be free from PUPs.
And that program is not too bad.
Thanks everybody. I managed to burn to a DVD using an external BD R/W which worked and then tested to see if my laptop BD Rom would read and it did :)