Barnes Street, Accrington, Lancashire, BB5

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

Key Features: • Generating £165,723.96 per annum • Communal kitchen and shower rooms • 15% Gross yield • Long lease on the property (Peppercorn) • Exceptionally well maintained throughout • Minimal void periods with none currently • Opportunity For Additional Room • Long term tenants in situ

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

Agent Information: • Address: The Lightwell, 61-63 Brown Street Manchester M2 2JG

Full Description: Unique Opportunity To Invest In A 21-bedroom Fully Licensed HMO

Pure Investor are delighted to offer the market this fully tenanted and operational 21-bedroom licensed house in multiple occupations (HMO's), which currently generates over £165,700 per year in gross annual income.

This substantial investment opportunity is split across two conjoined properties (24 and 24a Barnes Street) in a popular residential location in Accrington.

The property has been exceptionally well maintained and managed by the existing owners, and many of the tenants have lived in the property for a number of years (4-7 years).

The spacious accommodation is arranged over three floors and features a range of room types, including standard bedrooms, ensuite units, and self-contained studios with kitchenettes, making it highly attractive to professional tenants.

With a strong rental history, minimal voids, and robust compliance, this turnkey investment is ready for immediate income generation.

For more information on this unique opportunity, please get in touch with the Pure Investor team.