4-bedroom property · PR1 7YD
For saleListed 517 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
ATTENTION INVESTORS!!! This spacious HMO property with three double rooms with en-suites and a self contained studio is such a superb long term investment.
It is currently generating £31,200 per annum gross in rental income providing a brilliant return on the investment. Call to arrange a viewing as soon as possible before it sells.
This HMO property has been renovated to a very high standard which you will immediately realise as soon as you enter the property and see the entrance hallway.
On the ground floor there is a self contained studio, a very good size communal reception room and a kitchen. The kitchen is modern with granite worktops and is light and spacious.
On the first floor there are three double bedrooms all with en-suites and fitted with designer radiators. The property is currently generating a gross rental income of £31200 per annum.
Bedroom 1 - £600 per month gross rental income. Bedroom 2 - £600 per month gross rental income. Bedroom 3 - £600 per month gross rental income. Studio - £800 per month gross rental income.
HMO licence number - HMO0453 HMO licence commencement date - 19/08/2022 HMO expiry date - 19/08/2027 This is a freehold property.
EPC rating - D Council tax band - B Whenever we bring HMO properties of this type and quality to the market for sale there is a huge amount of interest in them.
Call to arrange a viewing before it sells. Please contact Kingswood.
Fulwood Office: 77 Watling Street Road, Fulwood, Preston, PR2 8EA Disclaimer: These particulars, whilst believed to be correct, do not form any part of an offer or contract.
Intending purchasers should not rely on them as statements or representation of fact.
No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. All measurements quoted are approximate.
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Eldon Street, Preston, PR1
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