1. Property photo 1 of 3
  2. Property photo 2 of 3
  3. Property photo 3 of 3

Offers in region of

£249,995

7 bed terraced house for sale

Railway Street, Nelson BB9

  • Freehold

    • 7 beds

    • 2 baths

    • 2 receptions

  • EPC Rating: D

Key information

  • Tenure

    Freehold

  • Council tax band

    A

Empire Estates

Logo of Empire Estates
Email agent

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

View agent properties
See all recent sales in BB9

Property descriptions and related information displayed on this page are marketing materials provided by - Empire Estates. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Empire Estates for full details and further information.