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Property Features
- HMO Property
- Chain Free
- Ideal Investment Opportunity
- Shops And Amenities Nearby
- Close To Public Transport
- Mid Terrace House
- 3 Bedrooms
- 1 Reception Room
- Rear Yard
- Prime Position
Property Summary
Full Details
** ATTENTION INVESTORS - 3 bedroom (FULLY LET with 100% occupancy for the previous 25 years) HMO property for sale** Gross rental income of £15,400 per annum (10% yield), EPC rating of C , passive air vents, modern kitchen / bathroom. Great condition throughout. A MUST VIEW.
This three bedroom HMO LET, within walking distance to the city centre, university buildings and very close to the railway station, is a real credit to the owners. Well maintained throughout their tenure, this property has been FULLY LET for 25 years. This would be the perfect property to add to an investor portfolio or for those venturing into the rental market.
With neutral decor throughout, fire doors, emergency fire lighting, mains wired smoke alarms, passive air vents, a modern kitchen with dishwasher and bathroom, this is the epitome of a well-run business.
Due to retirement, the owners now wish to pass this on to a like-minded investor, interested in running a quality rental property.
The property boasts three good-sized, double bedrooms, (one downstairs - former reception), a quality communal lounge with breakfast bar, kitchen and bathroom.
To the rear there is a communal yard, not directly overlooked, with a south-facing aspect perfect for spring / summer sun and al-fresco dining.
Viewing is a must.
Currently LET for academic year 2025-26
Tenure: Freehold
EPC: C
Council tax band: A
ANNUAL GROSS INCOME (2024-5 / 2025-6 average) £15,617.00
ANNUAL EXPENSES Gas / electric capped, water, internet (average as above) £2,651.00
Please contact Kingswood.
Fulwood Office:
01772 717181
77 Watling Street Road, Fulwood, Preston, PR2 8EA
mail@kingswoodproperties.co.uk
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 firm's 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.