5 bedroom house in Chapel Street, Colne, Burnley

Description

Readymade and Income Producing 9 Bedroom Mid Terraced House

5 Bedroom HMO and 2 x 2 Bedroom Flats

Chapel Street, Colne, Burnley, BB8 0SF

Purchase Price = £175,000

Finder¢--s Fee = £4,000 + Vat

Potential Gross Income = £2,000 pcm = £24,000 per annum

CASHFLOW AFTER ALL THE ABOVE COSTS

Managed = £997 pcm = £11,964 per annum

Self Managed = £1,237 pcm = £14,844 per annum

For a limited time only, we have managed to secure a readymade and income producing nine bedroom mid terraced house within proximity to Colne Town Centre.

The property is a former commercial building converted into three residential units.

The property briefly comprises of :
* A five bedroom HMO to the ground floor and
* Two self contained two bedroom flats on the first floor that are currently rented achieving £6,240 per annum.

The property is conveniently situated in a location within proximity to great transportation connections, Town Centre, local shops, and all local amenities.
Agent: Property Investor App Limited
Agent Ref: 000061020_167

Ad ID: 1429698640