7 Bed HMO, Preston, PR1 5AR, £220,000

• 7 BEDROOM HMO +
• TENANTS IN SITU +
• INVESTMENT OPPORTUNITY +
• FANTASTIC LOCATION +
• £28,000 P.A RENTAL INCOME +
• FULLY LICENSED +
• FURTHUR DEVELOPMENT POTENTIAL +
• PRICED TO SELL +
• CASH OFFERS +

ATTENTION INVESTORS

We have a fantastic SEVEN bedroom HMO INVESTMENT OPPORTUNITY situated in a prime location with local amenities, a local park directly opposite, and Preston city centre only a short walk away. The property is being sold with sitting tenants.

Set over three storeys of spacious living accommodation together with a large utility basement, the property briefly comprises an entrance vestibule leading to a flowing hallway giving access to the stairs leading to the first floor, stairs leading down to the basement, two double bedrooms, WC, communal reception room and Kitchen.
The first floor is ideally split to in two parts with a double bedroom, bathroom, separate WC and shower room on one landing and two further double bedrooms on the second landing - which offers access to the stairs leading to the third floor where there are a further two double bedrooms.

The property is an established HMO for over 18 years, with the rental income at full occupancy, an impressive £28,000 p.a. There is also significant scope to renovate and reposition the property as a high-end HMO, with projected rental income exceeding £55,000 per annum.
Please contact the office to discuss this exciting opportunity in more detail.