House For Sale £400,000
Broadgate, Preston PR1

ATTENTION INVESTORS!!! An EIGHT bedroom HMO currently generating over £45,000 in annual rental income making it a superb investment. This spacious terraced property is situated in Broadgate in an incredibly popular rental area and is close to excellent transport links including bus routes, shops and amenities. The property is very well maintained and is fully occupied.

Ground floor consists of:

Entrance hallway with a staircase leading up to the first floor landing
 
Communal kitchen

3 bedrooms

WC

First floor consists of: 

5 bedrooms

2 shower rooms

Investor information:

Approximate annual rental income - £45,696 (£476 per month per room x 8)

All bills included 

8 bedrooms

2 bathrooms

HMO licence number - HMO0299

HMO licence commencement date: 12/6/2019

HMO licence expiry date: 12/6/2024

EPC - TBC 

Council tax band: C

Tenure: Freehold

Approximate expenses per quarter / annum:

Water rates - £396 per annum

Council tax - £2001 per annum

Gas - £221 per quarter (cost in quarter 4 2023)

Electricity - £792 per quarter (cost in quarter 4 2023)

Overlooking the River Ribble with the lovely Avenham Park on the doorstep, the location of this property is superb. Preston city centre with all the shops, cafes, bars and restaurants that it offers and the train station are within walking distance.

Whenever we bring properties of this type to the market they sell quickly as they are such superb long term investments. Call to arrange a viewing as soon as possible so you do not miss out on it.

Please contact Kingswood.

Fulwood Office: 

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77 Watling Street Road, Fulwood, Preston, PR2 8EA

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Disclaimer:
These particulars, whilst believed to be correct, do not form any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. All measurements quoted are approximate. Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.