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House For Sale £175,000
HMO Investment, Sudell Road, Darwen, Lancashire BB3


Description
Fully functioning & fully compliant HMO
Ainsworth Lord Estates are the Managing Agent for this fully functioning HMO, Close to Darwen Town Centre. 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 lovely communal kitchen, a large yard and is garden fronted.

Each of the rooms rents for the following:

Room 1 - £342pcm
Room 2 - Storage Only
Room 3 - £65/wk- Currently Empty
Room 4 - £325pcm
Room 5 - £65/wk
Room 6 - £70 pw-

Total Monthly Rents: £1555.33
Annually: £18,664
Given market conditions there is scope to increase rents.

Representing over 10% Yield with Purchase Price

The property is fully double glazed, has GCH, broadband, and is furnished.

We expect there to be really strong interest in this property.

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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Follow the link for more information:
        
zoopla.co.uk

  
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