Guide price
£1,000,000
21 bed property for sale
Barnes Street, Accrington BB5House share
Auction
21 beds
EPC Rating: C
Key information
Tenure
Council tax band
About this property
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
Daily management available
Closeby to accrington town centre
Ideal investment
EPC rating C
The property is nearly always full to capacity
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 1
Dimensions:16.29sqm
Room 2
Dimensions: 12.57sqm
Room 3 with En-Suite
Dimensions: 17.45sqm
Room 4 With En-Suite & Kitchenette
Dimensions: 26.26sqm
Room 5
Dimensions: 25.23sqm
Room 6
Dimensions: 11.36sqm
Room 7
Dimensions: 12.28sqm
Room 8
Dimensions: 10.52sqm
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.
More information
Listed by
Crown Estates and Letting Agents