Offers in region of
£249,995
7 bed terraced house for sale
Railway Street, Nelson BB9Freehold
7 beds
2 baths
2 receptions
EPC Rating: D
Key information
Tenure
Freehold
Council tax band
A
About this property
On street/residents parking
Central heating
Double glazing
Fully Double Glazed
Gas Central Heated
Close to Town Centre
Investment Opportunity
12% yield
Exceptional Investment Opportunity: 7-Bedroom HMO for Sale in Nelson, Lancashire
Property Overview:
Location: Nelson, Lancashire
Property Type: 7-Bedroom HMO (House in Multiple Occupation)
Current Rental Income: £2,500 per month
Yield: 12%
Lease Terms: 7-year rent guarantee with fully managed lease and all maintenance included
Description:
An outstanding investment opportunity awaits with this 7-bedroom HMO property in the thriving area of Nelson, Lancashire. Fully tenanted and generating a guaranteed rental income, this property offers a hassle-free investment with excellent returns.
Key Features:
Guaranteed Income: Enjoy a steady rental income of £2,500 per month secured by a 7-year rent guarantee.
High Yield: Achieve a robust 12% yield on your investment.
Fully Managed: The property is professionally managed, including all maintenance, ensuring a stress-free ownership experience.
Occupancy: Currently, 3 out of 7 bedrooms are rented, with the remaining 4 bedrooms nearly ready for occupancy, presenting an opportunity to increase rental income.
Modern Amenities: The property is well-maintained and equipped with modern amenities to attract and retain tenants.
Prime Location: Situated in Nelson, Lancashire, with close proximity to shops, restaurants, public transport, and other local amenities.
Investment Highlights:
Fully Managed Lease: Professional management company in place to handle all aspects of property management and maintenance.
Maintenance Included: All maintenance costs are covered, further reducing the burden on the owner.
Growing Demand: Located in an area with high demand for rental properties, ensuring consistent occupancy rates.
Versatile Market: Ideal for a variety of tenants including professionals, students, and local workers.
Location Benefits:
Convenient Transport Links: Easy access to public transport and major road networks.
Close to Amenities: Walking distance to local shops, supermarkets, dining options, and recreational facilities.
Community Environment: Friendly neighborhood with a mix of families, professionals, and students.
Financials:
Asking Price: £249,995
Annual Rental Income: £30,000
Yield: 12%
Contact Information:
For more details or to arrange a viewing, please contact us:
Phone: Email:
Website:
This is a rare opportunity to acquire a high-yield, fully managed investment property in a prime location. Don’t miss out on this exceptional offer—contact us today to learn more and schedule a viewing!
Stamp duty calculator
We've updated our calculator to take into account the stamp duty cut announced by the chancellor on 23 September 2022. Read more stamp duty news and how stamp duty works
More information
Listed by
Empire Estates