Investment Type: HMO AND CO-LIVING
Est. Completion: AVAILABLE
Pure Investor is pleased to present this amazing investment opportunity in Preston. The property consists of 4 double bedrooms, a reception room, kitchen and family bathroom. The property will be sold with the furniture in place which was previously used by the last set of tenants.
Due to the property being only a 4-bedroom there is no need to apply for a HMO license in the Preston area. The current landlord has allowed students to rent the property since purchasing which could be an option for any future buyer. Any buyer would also have the option to rent the rooms out to working professionals or possibly work with a housing association.
INVESTMENT INFORMATION
- Address: 34 Spa Road, Preston PR1 8SL
- Offers Over: £160,000
- Potential rental returns: £500pcm per room (£24,000 per annum)
- Gross yield: 15.0%
- Number of bedrooms: 4
- Number of bathrooms: 1 (bath/shower, toilet, sink and panelled walls)
- Since owning the property, the landlord has mainly rented the property to students, however, there would be the option to rent the property out to working professionals or housing associations.
- Tenure: Freehold
If you would like further details about Pure Investor or any of our property investment opportunities, please contact us using the form below or call us directly.
Any Questions?
Call: +44 (0) 161 337 3890
Call our team today on +44 (0) 161 337 3890