Shared accommodation for sale in Barnes Street, Accrington BB5

Just added
Guide price £1,000,000
Interested in this property? Call +44 1254 477645 * or Request Details

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Shared accommodation for sale - 21 bedrooms

21

Tenure:
Not available
Council tax band:
Not available

Utilities and more details

Property features

  • Turnover is approx 150,000.00 and the yield is approx 12.5%
  • Commercial property
  • 18 rooms & 3 self contained apartments
  • Communal kitchens
  • Shower rooms
  • Utility room
  • Closeby to accrington town centre
  • Council tax band F
  • EPC rating C
  • The property is nearly always full to capacity

Property 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 1
Dimensions: 18.49sqm
The room comprises of: Ceiling light point x2 and carpet to the floor. (occupied)

Room 2
Dimensions: 19.24sqm (occupied)

Room 3 with En-Suite
Dimensions:17.45sqm
This 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 4
Dimensions: 13.10sqm
This room comprises of: Ceiling light point x2 and carpet to the floor.

Room 4 with En-Suite & Kitchenette
Dimensions: 26.26sqm (occupied)

Room 5
Dimensions: 11.05sqm (occupied)

Room 6
Dimensions: 14.97sqm (occupied)

Room 7
Dimensions: 19.69sqm (occupied)

Room 8
Dimensions: 18.56sqm (occupied)

Communal Kitchen

W.C

Communal Utility Room

Communal Shower Room

CommunalShower Room

First Floor


Room 9
Dimensions: 12.62sqm (occupied)

Room 10 with En-Suite & Kitchenette
Dimensions: 18.20sqm

Communal Kitchen

Communal Kitchen


W.C

Shower Room

Second Floor


Room 11 with En-Suite & Kitchenette
Dimensions: 55.55sqm (occupied)

Room 12
Dimensions: 20.07sqm (occupied)

Room 13 with En-Suite
Dimensions: 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.

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For more information about this property, please contact
Crown Estates and Letting Agents, BB2 on +44 1254 477645 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Crown Estates and Letting Agents, and do not constitute property particulars. Please contact Crown Estates and Letting Agents for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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