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87 Brooke Street, Preston

Preston, United Kingdom

£225,000.00

Investment Type: HMO AND CO-LIVING

Est. Completion: AVAILABLE

  • 6 Bedroom HMO compliant property
  • End terrace
  • 2 Bathrooms
  • Open plan living/kitchen space
  • £28,080 annual income
  • 12.5% Net yield return

Please see details on the property listed below for you to review - please note this property is very nearly complete. It has undergone a full refurbishment to be converted to a fully compliant HMO property. The purchase would be on the condition that the HMO license would be in place before exchange of contracts.

If you would like to arrange a viewing, please reply to this email with your proof of funds, i.e. bank statement showing cash or a copy of mortgage in principle. On receipt I can arrange a viewing for you.

Pure Investor are pleased to present this amazing opportunity. A fully converted 6-bedroom end terrace property in Chorley, which offers investors an instant income for either a 5-year or 10-year period with a local respected housing association. The property includes 6 bedrooms spanning over two floors, 1 full bathroom, 1 shower room, and a downstairs toilet, downstairs is an open plan living/dining/kitchen space with a newly installed kitchen. Access to the property is available to the front and side of the property.

INVESTMENT INFORMATION

  • Address: 87 Brooke St, Chorley PR6 0NQ
  • Asking price: £225,000
  • HMO property investment opportunity. Rental agreements with local housing associations who are ready to take full tenancy for either 5-year or 10-year contracts.
  • Tenancies will generate £28,080 net rental income per year (12.5% net yield return)
  • Number of bedrooms: 6
  • Number of bathrooms: 1 full bathroom, 1 shower room and 1 toilet.
  • The property has been developed and designed to be compliant with local HMO regulations. Key to the appeal will be the opportunity for a pre-agreed tenancy with an established local housing association, which would deliver a net annual rental income of £28,080.00 to the new owner.
  • Tenure: Freehold

Video - 87 Brooke Street, Preston

Contact Us

If you would like further details about Pure Investor or any of our property investment opportunities, please contact us using the form below or call us directly.

Any Questions?

Call: +44 (0) 161 337 3890

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