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Posting for 2+ years
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4 bedroom house in Athol Street South, Burnley, BB11 4PA

Burnley, Lancashire

£85,000.00

Posting for 2+ years

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Posted
23 hours ago
Seller Type
Agency
Property Type
House
Number Of Bedrooms
4

Description

Below Market Value

Readymade 4 Bedroom Terraced HMO

Athol Street South, Burnley, BB11 4PA

Purchase Price = £85,000

Market Value = circa £105,000

Finder¢--s Fee = £3,000 + Vat

Potential Gross Income = £1,300 pcm = £15,600 per annum

CASHFLOW AFTER ALL THE ABOVE COSTS

Managed = £671 pcm = £8,052 per annum

Self Managed = £827 pcm = £9,924 per annum

For a limited time only, we have managed to secure a readymade four bedroom HMO within close proximity to Burnley town Centre.

The property is not in an Article 4 area.

The property has four double bedrooms and benefits from gas central heating and double glazing.

All rooms are currently vacant but could achieve a potential income of £1,300 per month once let.

The property is conveniently situated in a location within proximity to great transportation links, town centre and all local amenities.
Agent: Property Investor App Limited
Agent Ref: 000061020_29

Ad ID: 1423680517


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