4 bedroom hmo

Roman Road, Blackburn BB1 2LD

Size: 80 sqm

Purchase price

£175,976

Size: 80 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £14,430
Net income £14,430
Gross yield 8.2%
Net yield 8.20%

TENANTED INVESTMENT PROPERTY - NOT SUITABLE FOR OWNER-OCCUPIERS

Yieldit are pleased to present to the market this superb four-bedroom property which has been converted into a HMO, tenanted until January 2028 generating an annual NET income of £14,430 which is an impressive 8.20% NET yield. The terraced property is newly refurbished and compromises of a hallway; two reception rooms; four well proportioned bedrooms; a modern fitted kitchen complete with appliances and a bathroom. The property is carpeted throughout, has gas central heating, double glazing and a generous rear garden.

Roman Road is a short 10 minute drive to Blackburn station which has frequent services running to top northern cities such as Preston, Leeds and Manchester and the M65 motorway network is within easy reach which connects the town with Burnley, Preston and Colne. The town is undergoing a fantastic period of investment after a £320m cash injection which is set to encourage economic growth, create up to 11,000 jobs and attract billions of private investment. The transformation of St John’s Church into offices is set to create a further 1,000 jobs which means this is a brilliant location for property investment as there will be an increasing demand for rental properties.

BB1 is a popular area with 869 transactions recorded in the past 12 months, which is 359.3% higher than the national average of 189 and a 7.5% increase on the year prior which had 808 transactions. The price growth in Blackburn is higher than the national average, with the 2 year growth at 2.7 times the national average (Mouseprice) which tells us now is a brilliant time to invest in property there. Enquire today to avoid disappointment.

ATTENTION INVESTORS - GENERATE INSTANT INCOME ON THIS TENANTED INVESTMENT OPPORTUNITY! An excellent 4 bedroom terraced property in Blackburn. Enquire today to avoid disappointment.

Interested in this property? Enquire today for more information

Key features

Key features

Tenanted ready made investment opportunity

Key features

Fantastic NET yield of 8.20%

Key features

4 bedroom terraced property

Key features

Recently converted into a HMO

Key features

Carpeted throughout

Key features

Modern fitted kitchen with appliances

Key features

Gas central heating

Key features

Double glazing

Key features

Freehold

ATTENTION INVESTORS - GENERATE INSTANT INCOME ON THIS TENANTED INVESTMENT OPPORTUNITY! An excellent 4 bedroom terraced property in Blackburn. Enquire today to avoid disappointment. More info...

TENANTED INVESTMENT PROPERTY - NOT SUITABLE FOR OWNER-OCCUPIERS

Yieldit are pleased to present to the market this superb four-bedroom property which has been converted into a HMO, tenanted until January 2028 generating an annual NET income of £14,430 which is an impressive 8.20% NET yield. The terraced property is newly refurbished and compromises of a hallway; two reception rooms; four well proportioned bedrooms; a modern fitted kitchen complete with appliances and a bathroom. The property is carpeted throughout, has gas central heating, double glazing and a generous rear garden.

Roman Road is a short 10 minute drive to Blackburn station which has frequent services running to top northern cities such as Preston, Leeds and Manchester and the M65 motorway network is within easy reach which connects the town with Burnley, Preston and Colne. The town is undergoing a fantastic period of investment after a £320m cash injection which is set to encourage economic growth, create up to 11,000 jobs and attract billions of private investment. The transformation of St John’s Church into offices is set to create a further 1,000 jobs which means this is a brilliant location for property investment as there will be an increasing demand for rental properties.

BB1 is a popular area with 869 transactions recorded in the past 12 months, which is 359.3% higher than the national average of 189 and a 7.5% increase on the year prior which had 808 transactions. The price growth in Blackburn is higher than the national average, with the 2 year growth at 2.7 times the national average (Mouseprice) which tells us now is a brilliant time to invest in property there. Enquire today to avoid disappointment.

  • Key features
    Tick Desktop Tenanted ready made investment opportunity
    Tick Desktop Fantastic NET yield of 8.20%
    Tick Desktop 4 bedroom terraced property
    Tick Desktop Recently converted into a HMO
    Tick Desktop Carpeted throughout
    Tick Desktop Modern fitted kitchen with appliances
    Tick Desktop Gas central heating
    Tick Desktop Double glazing
    Key features

    Freehold

  • LocationLocation
  • EPCEPC

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £14,430
Net income £14,430
Gross yield 8.2%
Net yield 8.20%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.