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HMO

HMO in Burnley

BB12 7BE, Burnley
£100,000
103 sqm
1 Unit
Purchase price £100,000
Monthly income £1,600
ROCE 67%
Gross yield 16%

About this property

Unlock a Lucrative Investment: HMO Opportunity in Burnley!

Location: Burnley, Lancashire
Type: 4-Bedroom Mid-Terrace House (HMO)
Tenure: Leasehold (868 years remaining)
Council Tax Band: A

Are you ready to seize an exceptional investment opportunity that promises immediate cash flow and substantial capital appreciation? Look no further than this outstanding HMO property in the heart of Burnley!

Property Highlights:
Immediate Cash Flow & Growth Potential: With an annual gross income of £19,200, there's potential to elevate this to £24,000, offering a remarkable 25% revenue increase simply by aligning rents with current market rates.
Turnkey Operation:
Benefit from instant income with reliable, long-standing tenants already in place, ensuring a seamless transition for your investment.
Prime Location:
Just a stone's throw away from essential amenities, schools, and leisure facilities, this property is perfectly situated for high demand. Enjoy excellent transport links, making it a convenient choice for tenants seeking accessibility.
Optimised Layout:
The smart 4-bedroom design maximizes rental income per square foot, embodying the principles of a successful HMO strategy.

Low Entry Risk:
With comprehensive due diligence already verified by the seller, you can invest with confidence. All critical document to be provided at completion, including:
- Verified Leasehold Tenure (868 years remaining)
- HMO License
- Safety Certificates (EICR, Gas Safety, and EPC confirmations)
- Tenancy Checks
- Income Proof (complete rental income history available for audit)

The Investment Landscape:
Burnley stands out with a high rental yield relative to national averages, marking it as a resilient and desirable asset class. This is the perfect opportunity for savvy investors looking to enhance their portfolio with a property that promises both stability and growth.
Don’t miss out on this chance to secure your financial future!

Reach out today to explore the full potential of this premium HMO investment and make it yours!

Investment calculators

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Deposit required £0
Loan amount £0

Need finance? Sourced Financial Services specialise in HMO mortgages and can secure same-day decisions in principle.

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