4-bedroom house · BB11 4LH
Listing removedListed 244 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Fully Refurbished 4-Bedroom HMO Investment – £1,799 pcm – Tenants in Situ An excellent opportunity to acquire a high-performing, fully licensed HMO with tenants already in place, generating £1,799 per calendar month.
Fully refurbished in 2022 to a high standard and converted specifically for HMO use, this property offers a turnkey investment with immediate income and no initial setup required.
Key Features: 4 Rooms 1 Double Occupancy Room 3 Single Occupancy Rooms 4 Bathrooms (one per room configuration) Licensed HMO for 5 occupants Fully refurbished in 2022 Tenants in situ £1,799 pcm rental income Walking distance to local amenities Close to main transport links The layout has been thoughtfully designed to maximise rental return while maintaining strong tenant appeal.
Each room benefits from its own bathroom provision, making it highly attractive to professional tenants and helping to ensure consistent occupancy.
Located just a short walk from shops, supermarkets, and key transport routes, the property is ideally positioned for long-term rental demand.
This is a perfect hands-off investment for both experienced landlords and those looking to expand their portfolio with a compliant, income-generating asset from day one with a managing agent in place.
For further details or to arrange a viewing, please get in touch.
Value & comps
No previous sales on record.
Returns
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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
Agent & docs
FAQ
About 38, Queensberry Road, Burnley
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