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12 bedroom house of multiple occupation for sale
Blackpool Road, Ashton-on-Ribble, Preston
£715,000
Blackpool Road, Ashton-on-Ribble, Preston
£715,000
Our Summary
- TO BE SOLD BY ONLINE AUCTION ON 13TH AUGUST 2025 UNLESS SOLD PRIOR UNDER AUCTION TERMS
- An exceptional investment opportunity offering a fully licensed 12-bedroom HMO in the sought-after Ashton-on-Ribble area of Preston
- A fully tenanted, licensed 12-bed HMO generating over £100,000 per year, with scope to increase further
- TO BE SOLD BY ONLINE AUCTION
- To be sold by online auction
Description
This exceptional investment opportunity presents a fully licensed 12-bedroom HMO in the sought-after Ashton-on-Ribble area of Preston, generating a strong monthly rental income of £8,485 and an annual income of £101,820. The property has been refurbished to a high standard throughout, offering modern and attractive living spaces for tenants, and benefits from off-street parking. With a proposed rent review offering the potential to increase the annual rental income by a further £7,000, this property presents a rare chance to acquire a well-performing, income-generating HMO in a popular and well-connected rental location. The property is well-located just 1 mile from Preston City Centre, with easy access to shops, amenities, and public transport, making it an attractive area for both professionals and students.