ATTENTION INVESTORS!!! Situated in Ashton-On-Ribble which is an incredibly popular rental area, this HMO with SIX bedrooms, a bathroom and a communal kitchen has come to the market for sale. It is currently generating an approximate gross annual income of £28560 providing a very good yield on the investment. Call to arrange a viewing before it sells.
The property is incredibly spacious creating an ideal HMO with six bedrooms, a bathroom and a communal kitchen. All of the bedrooms are double glazed and furnished and the location is perfect being close to brilliant bus routes, transport links, shops and amenities.
INVESTOR INFORMATION
The property is currently rented with 6 tenants in situ on AST contracts.
Gross annual rental income - approximately £28,560
Room 1 - Tenant in situ currently paying £420 per calendar month
Room 2 - Tenant in situ currently paying £420 per calendar month
Room 3 - Tenant in situ currently paying £375 per calendar month
Room 4 - Tenant in situ currently paying £420 per calendar month
Room 5 - Tenant in situ currently paying £420 per calendar month
Room 6 - Tenant in situ currently paying £325 per calendar month
Inclusive of bills
This is a freehold property
EPC rating - E
Council tax band - B
This HMO is a fantastic investment and will make a brilliant addition to any investors property portfolio. There is a huge demand for properties like this in Preston and there is going to be a huge amount of interest in it so call as soon as possible to arrange a viewing.
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.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Kingswood Sales & Lettings - Head Office. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Kingswood Sales & Lettings - Head Office for full details and further information.