AMAZING Investment HMO on Penzance Street in Blackburn | Properties for Investors

Darwen, Blackburn, Paul Ainsworth Lord, Estate Agents in Darwen, Estate Agents in Blackburn, Investment opportunity, Investors, Property investment
Guide Price Rental Yield Work Required? Selective License Area? Potential Rent Sellability Return on Investment
£115,000 16.92% Yes Yes £1,621.67 PCM Fair 16.92%
Cost of works: Demand
0 High
Area: Number of Bedrooms: Number of Reception Rooms: Number of Bathrooms:
Darwen 5 1 2

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Ainsworth Lord Estates are the Managing Agent for this fully functioning HMO in Mill Hill Blackburn, and 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 large communal kitchen, a small conservatory, large yard and is garden fronted.

Each of the rooms rents for the following:

Room 1 – £75/wk
Room 2 – £75/wk
Room 3 – £65/wk
Room 4 – £69.22/wk
Room 5 – £90/wk

Total Monthly Rents: £1621.66
Annually: £19,460

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

We expect there to be really strong interest in this property. We value it at approx £190k

As we have managed this property for many years we would be delighted to be retained as the managing agent for the new owners.

Property Investment Opportunity, Sarah Street, Darwen


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