Laithe Street, Colne

£199,000 Fixed Price
  • Ref: 1306
  • Type: Terraced House
  • Bedrooms: 5
  • Bathrooms: 2
  • Tenure: Leasehold
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Property Features

  • INVESTORS INVESTORS INVESTORS
  • FIVE BEDROOM HMO
  • LET TO SOCIAL HOUSING PROVIDER
  • RECENT RENOVATION
  • HANDS OFF INVESTMENT
  • EXCELLENT LOCATION

Property Summary

INVESTMENT OPPORTUNITY
A Very well presented five bedroom HMO Property is now being offered to the market courtesy of Mistoria Estate Agents.
A Hands off investment, This HMO is leased to a corporate tenant, providing social housing, offering 6 years 11 months guaranteed rent, with no voi

Full Details

Mistoria Estate agents offer to the sales market this impressive and spacious HMO investment in the desirable area of Colne, Lancashire, offers five generously sized bedrooms, perfect for students or professionals looking to share accommodation. The property boasts a spacious reception area, ideal for socialising and relaxing, and a communal bathroom, ensuring comfort and convenience.

DESCRIPTION:
If you looking for a secured turnkey investment guaranteed net rental income. This HMO is leased to a corporate tenant, providing social housing, offering 6 years 11 months guaranteed rent, with no voids / maintenance / management.

A hands off investment property with no voids, no bills, no council tax, no general maintenance, no management fees and your rental paid by standing order every month.

ACCOMMODATION
MISTORIA are pleased to present this substantial ready made, hands off investment property.

This high end investment unit is arranged over two floors and have been renovated to a very high spec. With open plan kitchen/lounge/ diner, modern high gloss kitchen, shared bathroom facilities, separate WC and 5 bedrooms.

TENURE:-
Leasehold at 999 from 1888


LOCATION:
Located in popular residential area, within close proximity of local shops and amenities and good transport links to Burnley, Skipton and Barnoldswick.

VIEWINGS
Please contact Mistoria Estate Agents

Current Financial Status

Rent - £20,873pa
Yield - 10.5%


Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Ground Rent
£14.00 Yearly

Lease Length
999 Years