Investment Opportunity For Auction Lancashire BB2

Guide Price £239,000. A 3 storey freehold block comprising 11 x bedsit rooms, 1 x common room, 3 x store rooms, 3 x kitchens and 3 x bathrooms. Development potential, vacant. The property has planning approval for use as a 12 room HMO and was previously licensed by the local authority. Now requiring refurbishment with potential for a variety of uses or conversion to flats subject to any necessary consents. Estimated rental value of circa £58,000 pa.