12 bed terraced house for sale

St Thomas Road, Chorley PR7

St Thomas Road, Chorley, Pr7 1Je

Superb 12 bedroom detatched HMO with an impressive return in the region of 8% net! Well established fully occupied HMO, finished to an excellent specification and tenanted for immediate income.

Yieldit are delighted to introduce this freehold, 12 bedroom, fully licensed HMO to the market that is spread across two floors and presented to an impressive standard throughout. The detached property boasts 3 separate communal areas along with 12 self-contained units, each with a spacious living area, en-suite bathroom, and kitchenette. To the front of the property is off road parking for up to 5 vehicles.

An ideal investment for any landlord, the property has a central location in Chorley with just 15-minute walk to the train station, making it easier for those who commute to cities such as Manchester, Liverpool and London. With a variety of bars, shops and restaurants right on its doorstep, this property is more than just attractive to young working professionals.

Financial Breakdown

Gross Rent: £89,760.00
Net income: £66,125.00
Gross yield: 14.96%
Net yield: 11.02%
Please contact agent for full financial breakdown.

Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-08085