Ainsworth Lord Estates

5 Bedrooms End Terraced House For Sale in Great Investment, Fully Functioning HMO, Darwen, Lancashire - Offers In Region Of £150,000

Full Details

FULLY FUNCTIONING & FULLY COMPLIANT HMO Ainsworth Lord Estates are the Managing Agent for this fully functioning HMO, Close to Darwen Town Centre. 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 lovely communal kitchen, a large yard and is garden fronted.

Each of the rooms rents for the following:

Room 1 - £85/wk
Room 2 - £50/wk (Currently Vacant)
Room 3 - £65/wk
Room 4 - £65/wk
Room 5 - £60/wk

Total Monthly Rents: £1408.33
Annually: £16,900

Representing a 11.3% Yield with Purchase Price of £150k

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 £170k

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


ALL VIEWINGS ARE TO BE ARRANGED THROUGH AINSWORTH LORD ESTATES AND ARE STRICTLY BY APPOINTMENT ONLY.



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