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17 bedroom block of apartments for sale
Wheatsheaf, 124 Hindpool Road, Barrow-In-Furness, Cumbria, LA14 1XZ
£525,000
Wheatsheaf, 124 Hindpool Road, Barrow-In-Furness, Cumbria, LA14 1XZ
£525,000
Our Summary
- PLEASE BE AWARE THAT THESE DETAILS ARE OFTEN UPDATED AND SUBJECT TO CHANGE ANY TIME BEFORE THE AUCTION
- TO BE SOLD BY PUBLIC ONLINE AUCTION ON 10TH DECEMBER 2025
Description
This 17-bedroom HMO, recently converted, offers a lucrative rental income of £107,920.08 per annum, with the potential to increase to £114,680.04 when fully let. The property, previously used as serviced accommodation, features 7 ensuite rooms and a communal kitchen on the ground floor, 6 rooms and a communal kitchen on the first floor, and 4 ensuite rooms and a communal kitchen on the second floor. All rooms are ensuite and have gas central heating and double glazing. The property is currently occupied by 16 tenants, with the remaining room available to let, making it an attractive investment opportunity for those looking to capitalize on the growing demand for HMOs.