Property Details: • Type: House of Multiple Occupation • Tenure: FREEHOLD • Floor Area: N/A
Key Features: • EXCELLENT INVESTMENT OPPORTUNITY • 13 EN SUITE ROOMS • CLOSE TO THE TOWN CENTRE • COMMUNAL AREAS • EXCELLENT LOCATION • HIGH YIELD • FREEHOLD • CLOSE TO LOCAL AMENITIES & PUBLIC TRANSPORT • EPC RATING E - COUNCIL TAX BAND TO BE CONFIRMED
Location: • Nearest Station: Burnley Central Station • Distance to Station: 0.25197366588330045 miles
Agent Information: • Address: 10 Preston New Road, Blackburn, BB2 1AW
Full Description: This outstanding 13-bedroom HMO property presents a rare opportunity for investors seeking a high-yield,<b> </b>low-maintenance asset<b> </b>in a thriving rental market.<br /><br />Each of the 13 bedrooms features its own private en-suite bathroom, offering tenants a high level of comfort and privacy—an increasingly desirable feature in the co-living sector. The layout also includes<b> </b>multiple well-designed communal lounges and fully equipped shared kitchens, creating a balanced<b> </b>environment for both social interaction and independent living.<br /><br />The property is currently fully tenanted, ensuring immediate and consistent rental income from day one. With a high occupancy rate and strong demand in the local area, this HMO has a proven track record of generating stable cash flow.<br />To enhance the ease of ownership, a professional management company is already in place. They oversee all aspects of tenant management and property maintenance, providing investors with a truly hands-off experience. Whether you’re a seasoned portfolio landlord or a first-time investor, this turnkey setup offers both convenience and peace of mind.<br /><br />The property has been<b> </b>recently refurbished to a high standard<b>,</b> including modern fixtures, fittings, and interior finishes. This not only appeals to tenants but also minimizes future maintenance costs, helping to preserve your yield over time.<br /><br />Located on Church Street in Burnley, the property enjoys a strategic central location, with easy access to public transport, shops, supermarkets, and local amenities. The<b> </b>proximity to the town centre makes it a highly attractive option for working professionals and students alike.<br /><br /><br /><b>FOR SALE BY AUCTION: Starting Bids £695,000 Terms and conditions apply.<br />Being Sold via Secure online bidding.</b><br /><br /><br /><br />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.<br /><br /><br /><br /><br /><br /><br />
