Flat for sale in Barnes Street, Accrington, Lancashire BB5

£1,125,000
Interested in this property? Call +44 1254 477374 * or Request Details

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Flat for sale - 21 bedrooms

21 9 EPC Rating: C EPC Rating: C

Tenure:
Leasehold
Time remaining on lease:
0 years
Service charge:
Not available
Ground rent:
Not available
Council tax band:
F

Property features

  • Converted commercial property
  • Gross yield 16.8% with 14.3% net yield
  • Impressive investment with long term capital appreciation
  • Communal kitchens, shower rooms & utility room
  • X18 bed sits with X3 self contained apartments
  • Walking distance in accrington town centre
  • Council tax band F
  • EPC rating C
  • Leasehold

Property description

An attractive opportunity to acquire this 21 bedroom HMO in the centre of Accrington. Currently offering an impressive gross yield of 16.8% with a net yield of 14.3% the property is suited for investors looking for a long term investment with a significant return. (epc-c)

Previously used as a commercial shoe shop and converted into a 21 bed HMO, the property offers potential buyers an impressive 14.3% Net yield.

Situated a short walk from Accrington town centre the property has easy access to local amenities, extensive network links and Accrington train station.

All interested parties should contact Mortimers Estate Agents in Accrington.

All mains services are available.
Property has x2 central heating systems.

Ground Floor

Room 1

18.49sqm

Room 2

19.24sqm

Room 3

11.55sqm

Room 4

13.10sqm

Room 5

11.05sqm

Room 6

14.97sqm

Room 7

19.69sqm

Room 8

18.56sqm

Communal Kitchen

Wc

Cooomunal Utility Room

Communal Shower Room

Communal Shower Room

First Floor

Room 1

16.29sqm

Room 2

12.57sqm

Room 3 With En-Suite

17.45sqm

Room 4 With En-Suite & Kitchenette

26.26sqm

Room 5

25.23sqm

Room 6

11.36sqm

Room 7

12.28sqm

Room 8

10.52sqm

Room 9

12.62sqm

Room 10 With En-Suite & Kitchenette

18.20sqm

Communal Kitchen

Communal Kitchen

Wc

Shower Room

Second Floor

Room 11 En-Suite & Kitchenette

55.55sqm

Room 12

20.07sqm

Room 13 With En-Suite

25.00sqm

Property info

Floorplan(s): Floorplan

Floorplan View original

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For more information about this property, please contact
Mortimers - Accrington, BB5 on +44 1254 477374 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Mortimers - Accrington, and do not constitute property particulars. Please contact Mortimers - Accrington for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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