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21 bedroom house of multiple occupation for sale
Barnes Street, Accrington
£1,000,000
Barnes Street, Accrington
£1,000,000
Our Summary
- 00sqm FOR SALE BY AUCTION: Starting Bids £1,000,000
Description
This 21-bedroom HMO property in Accrington's town center is a fantastic investment opportunity, offering a 12.5% yield. Previously a commercial shoe shop, the property was converted into a HMO, with 21 bedrooms spread across three floors. The accommodation features a mix of rooms with en-suite bathrooms, kitchenettes, and shared facilities, including a communal kitchen, utility room, shower rooms, and WCs. The property is situated in a prime location, just a short walk from Accrington town center, with easy access to local amenities, transport links, and Accrington train station. The property is being sold via online auction, with a starting bid of £1,000,000, and is ideal for investors seeking a long-term investment with a significant return.