End terrace house for sale in Blackburn BB2, 5 Bedroom

Blackburn, Blackburn, UK

Quick Summary

Property Type:
End terrace house
Status:
For sale
Price
£ 150,000
Beds:
5
Baths:
2
Recepts:
1
County
Lancashire
Town
Blackburn
Outcode
BB2
Location
Hmo - Investment Opportunity- Penzance Street, Mill Hill, Blackburn BB2
Marketed By:
Ainsworth Lord Estates
Posted
2024-03-08
BB2 Rating:





More Info?
Please contact Ainsworth Lord Estates on 01254 271085 or Request Details

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

Marketed by Ainsworth Lord Estates


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