An End of Terrace Six Bedroom HMO. Part Let Producing £14,400 per annum

The property comprises an end of terrace corner building arranged over ground and first floors. The property is a fully licenced HMO.

Tenure

Freehold

Location

The property is situated in the heart of Padiham town centre with immediate access to its many shops and restaurants. The open spaces of Padiham Memorial Park are close by. Transport links are provided by Hapton rail station and the M65 motorway (J8) is easily accessible.

Accommodation

Ground Floor Two Reception Rooms Two Bedrooms Bathroom with WC & wash basin First Floor Four Bedrooms (Two with En-suite Bathrooms)

Exterior

The property benefits from a rear courtyard.

Tenancy

The property is let on three individual Assured Shorthold Tenancy agreements with a combined income of £14,200. We have been advised that that once fully let the property would have a total income of £33,600 per annum.

Current Rent Reserved

Current Rent Reserved £14,400 per annum

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.