5 Bedrooms End terrace house for sale in Hmo - Investment Opportunity- Penzance Street, Mill Hill, Blackburn BB2 | £ 150,000
Overview
| Price: | £ 150,000 |
|---|---|
| Contract type: | For Sale |
| Type: | End terrace house |
| County: | Lancashire |
| Town: | Blackburn |
| Postcode: | BB2 |
| Address: | Hmo - Investment Opportunity- Penzance Street, Mill Hill, Blackburn BB2 |
| Bathrooms: | 2 |
| Bedrooms: | 5 |
Property Description
Fully compliant & fully functioning hmo Ainsworth Lord Estates are the Managing Agent for this fully functioning and compliant Licensed hmo in Mill Hill Blackburn, and we are delighted to be offering this quality hmo for sale.
This hmo has been well looked after and we have never had problems renting out the rooms on good tenancies to a variety tenants meeting strict criteria.
This property has 5 lettable rooms, two bathrooms, a large communal kitchen, a small conservatory, large yard and is garden fronted.
Each of the rooms are either rented already, or rent for the following amounts:
Room 1 - £75/wk
Room 2 - £75/wk
Room 3 - £65/wk
Room 4 - £75/wk
Room 5 - £90/wk
Total Monthly Rents: £1646.67
Annually: £19,760
gross yield in excess of 13%
The property is fully double glazed, has GCH, broadband, and is furnished.
We expect there to be really strong interest in this property. We value it at approx £190k
As we have managed this property for many years we would be delighted to be retained as the managing agent for the new owners.
All viewings are to be arranged through ainsworth lord estates and are strictly by appointment only.
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Property Location
Property Marketed by Ainsworth Lord Estates
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