Barnes Street, Accrington

Property Details: • Type: House of Multiple Occupation • Tenure: N/A • Floor Area: N/A

Key Features: • Turnover is approx 157,000.00 per annum and the yield is approx 12.5% • COMMERCIAL PROPERTY • 18 ROOMS & 3 SELF CONTAINED APARTMENTS • COMMUNAL KITCHENS • SHOWER ROOMS • DAILY MANAGEMENT AVAILABLE • CLOSEBY TO ACCRINGTON TOWN CENTRE • IDEAL INVESTMENT • EPC RATING C • THE PROPERTY IS NEARLY ALWAYS FULL TO CAPACITY

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: 10 Preston New Road, Blackburn, BB2 1AW

Full Description: New to the market a fantastic opportunity to acquire this 21 bedroom HMO in the centre of Accrington. Currently offering an impressive yield of 12.5% the property is suited for investors looking for a long term investment with a significant return. Previously used as a commercial shoe shop and converted into a 21 bed HMO.Situated a short walk from Accrington town centre the property has easy access to local amenities, extensive network links and Accrington train station. The accomodation comprises of the following:Room 1Dimensions: 18.49sqmThe room comprises of: Ceiling light point x2 and carpet to the floor. (occupied) Room 2Dimensions: 19.24sqm (occupied) Room 3 with En-SuiteDimensions:17.45sqmThis room comprises of: Ceiling light point x2 and carpet to the floor. En-Suite (Room 3) The en-suite comprises of: Ceiling light point, double radiator, shower, hand wash basin and W.C. Room 4Dimensions: 13.10sqmThis room comprises of: Ceiling light point x2 and carpet to the floor.Room 4 with En-Suite & KitchenetteDimensions: 26.26sqm (occupied)  Room 5Dimensions: 11.05sqm (occupied) Room 6Dimensions: 14.97sqm (occupied) Room 7Dimensions: 19.69sqm (occupied) Room 8Dimensions: 18.56sqm (occupied) Communal KitchenW.CCommunal Utility RoomCommunal Shower RoomCommunalShower RoomFirst FloorRoom 1Dimensions:16.29sqmRoom 2Dimensions: 12.57sqmRoom 3 with En-SuiteDimensions: 17.45sqmRoom 4 With En-Suite & KitchenetteDimensions: 26.26sqmRoom 5Dimensions: 25.23sqmRoom 6Dimensions: 11.36sqmRoom 7Dimensions: 12.28sqmRoom 8Dimensions: 10.52sqmRoom 9Dimensions:12.62sqm (occupied) Room 10 with En-Suite & KitchenetteDimensions:18.20sqmCommunal KitchenCommunal KitchenW.CShower RoomSecond FloorRoom 11 with En-Suite & Kitchenette Dimensions: 55.55sqm  (occupied) Room 12Dimensions: 20.07sqm  (occupied) Room 13 with En-SuiteDimensions: 25.00sqm  FOR SALE BY AUCTION: Starting Bids £1,000,000. Terms and conditions apply.Being Sold via Secure online bidding.All descriptions in this brochure are the opinions of Crown Estate and Letting Agents and their employees with any additional information advised by the seller. Properties must be viewed in order to come to your own conclusions and decisions. Although every effort is made to ensure measurements are correct, please check all dimensions and shapes before making any purchases or decisions reliant upon them. Please note that any services, appliances or heating systems have not been tested by Crown Estate and Letting Agents and no warranty can be given or implied as to their working order.