£220,000
7 bed terraced house for saleDeepdale Road, Preston PR1
7 beds
3 baths
1 reception
EPC Rating: D
- Freehold
Pearson Ferrier
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About this property
7 bedroom HMO
Investment opportunity
Fantastic location
Fully licensed
Furthur development potential
Priced to sell
**attention investors**
We have a fantastic seven bedroom HMO investment opportunity situated in a prime location with local amenities, a local park directly opposite, and Preston city centre only a short walk away.
Set over three storeys of spacious living accommodation together with a large utility basement, the property briefly comprises an entrance vestibule leading to a flowing hallway giving access to the stairs leading to the first floor, stairs leading down to the basement, two double bedrooms, WC, communal reception room and Kitchen. The first floor is ideally split to in two parts with a double bedroom, bathroom, separate WC and shower room on one landing and two further double bedrooms on the second landing - which offers access to the stairs leading to the third floor where there are a further two double bedrooms.
The property is an established HMO for over 18 years, with the rental income at full occupancy, an impressive £28,000 p.a. There is also significant scope to renovate and reposition the property as a high-end HMO, with projected rental income exceeding £55,000 per annum.
Please contact the office to discuss this exciting opportunity in more detail.
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