This property has been taken off the market.

21 Bed Flat For Sale Barnes Street, Accrington, BB5

£1,125,000- Flat

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Last Updated: 7th May 2024

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.
Agent Details
Mortimers Chartered Surveyors
22, Blackburn Road, Accrington, BB5 1HD
Show Contact Number
01254 234 266

Investment Analysis

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Calculators

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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This is the potential achievable yield.
Potential Return-on-Cash Invested