Get brand editions for Ainsworth Lord Estates, Darwen

5 bedroom end of terrace house for sale

HMO - Investment Opportunity- Penzance Street, Mill Hill, Blackburn

Sold STC £150,000

Property Description

Key features

  • FULLY FUNCTIONING & FULLY COMPLIANT HMO IN BLACKBURN LANCASHIRE
  • GREAT INVESTMENT OPPORTUNITY - EXPERIENCED HMO MANAGEMENT AGENT IN PLACE HAPPY TO BE RETAINED
  • NO PROBLEM RENTING ROOMS - RUNS WELL
  • GOOD STANDARD ACCOMMODATION PROVIDED TO LOCAL MARKET
  • PROPERTY IS IN VERY GOOD CONDITION AND HAS BEEN WELL LOOKED AFTER
  • 5 LETTABLE ROOMS & LARGE COMMUNAL KITCHEN & SMALL CONSERVATORY
  • SITUATED IN MILL HILL, BLACKBURN. CLOSE TO TRAIN STATION AND LOCAL SHOPS
  • MOST ROOMS CURRENTLY LET WITH STRONG ASTS
  • GREAT INCOME GENERATING INVESTMENT WITH GREAT INCOME APPROX 20K GROSS AT FULL OCCUPANCY
  • NO CHAIN

Full description

Tenure: Freehold

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.


Copyright Reserved.
You may download, store and use the material for your own personal use and research. You may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the agent's express prior written consent. The agent's copyright must remain on all reproductions of material taken from this website.

 


More information from this agent

Energy Performance Certificate (EPC) graphs

Listing History

Added on Rightmove:
26 June 2018

Nearest stations

  • Mill Hill (0.1 mi)
  • Cherry Tree (0.6 mi)
  • Blackburn (1.3 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Ainsworth Lord Estates, Darwen

49 Market Street Darwen Lancashire BB3 1PS

01254 494031 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Mill Hill (0.1 mi)
  • Cherry Tree (0.6 mi)
  • Blackburn (1.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Ainsworth Lord Estates, Darwen

49 Market Street Darwen Lancashire BB3 1PS

01254 494031 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 100481005879. 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 Ainsworth Lord Estates, Darwen . 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.

* Average speeds are based on the download speeds of at least 50% of customers at peak time (8pm to 10pm) from packages available on comparethemarket.com. Speed can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. You can check the estimated speed to your property prior to purchasing. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. Providers may increase charges. You should have the right to exit your contract without penalty if this happens. The information is provided and maintained by Decision Technologies Limited.

Map data OpenStreetMap contributors.