NO LONGER AVAILABLE
NO LONGER AVAILABLE
NO LONGER AVAILABLE
NO LONGER AVAILABLE
REF_HKI3100
Lease Option - BMV
REDUCED
Option Price:
Term:
Option fee (Direct to Vendor) :
Option Payments:
NET Profit (PCM):
EST. NET PROFIT PA:
YIELD:
*6 Months Payment free period*
£83,000
10 years
£1
£150
£712
£8546
20%
Hotkey Invest are proud to present this fantastic 10 years lease option in Accrington Lancashire.
The option to purchase is set over 10 years, which allows you to secure the property at today’s option price without finance for the option term. This enables you to benefit from potential capital growth as well as surplus rental income during the term.
This freehold end of terraced property comprises of 3 bedrooms, a kitchen, bathroom and lounge area.
The property is in need of a full refurbishment circa £23,000, we have negotiated a 6 month payment free period to assist with this.
We have been advised by a local estate agent, once refurbished the property would easily achieve £140,000.
We believe this property would be well utilized as a HMO please see below for additional financial information.
There are more photos available on request.
Accrington is a town in the Hyndburn borough of Lancashire, England. It lies about 4 miles east of Blackburn, 6 miles west of Burnley, 13 miles east of Preston, 20 miles north of Manchester city centre and is situated on the mostly culverted River Hyndburn
KEY FEATURES
3 Bedrooms
Ideal HMO
Freehold
Great Location
Close to large cities
20% Yield
End of terrace
FINANCIALS
(based on House of Multiples Occupation)
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