SUBSTANTIAL 21 BEDROOM HMO – PRESTON

  • Price: £550,000
  • Freehold Price: £550,000
  • Annual Turnover: £70,000
Preston, Lancashire, England
For Sale

SUBSTANTIAL 21 BEDROOM HMO – PRESTON

Preston, Lancashire, England
  • Price: £550,000
  • Freehold Price: £550,000
  • Annual Turnover: £70,000

Description

PROPERTY INVESTORS :  FANTASTIC HMO INVESTMENT PROPERTY TAKING CIRCA £70,000 PA PLUS GIVING APPROX 12.44% GROSS YIELD WITH FURTHER POTENTIAL.

CLOSE PROXIMITY TO UNIVERSITIES, TOWN CENTRE, TRAIN STATION AND LOCAL AMENITIES.

LARGE CAR PARK TO REAR COULD BE COULD BE DEVELOPED WITH FURTHER LIVING ACCOMMODATION (Subject to planning).

HIGH STUDENT POPULATION – OPERATING AT 95.2% OCCUPANCY RATES.
 

 C RATING EPC

Number of Employees:
1
Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
Yes
Is stock included:
NA
Website address:
https://www.emfgroup.com/businesses/view/MA0033522NW/substantial-21-bedroom-hmo-preston

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