HMO FOR RENT in Preston, Lancashire

Property Description

13-Bedroom Licensed HMO – Prime Preston Location – High-Yield Investment
An outstanding opportunity to acquire a fully refurbished 13-bedroom HMO in a prime Preston location, positioned within walking distance of the University, railway station, and town centre.
This substantial property has been upgraded to a high standard and is configured to provide modern, fully furnished accommodation, tailored to meet strong demand from both students and working professionals.
Each of the 13 bedrooms is fully equipped, including a double bed, wardrobe, study desk, TV, and private fridge freezer, enhancing tenant appeal and supporting premium rental levels. The property also benefits from a large communal kitchen with multiple cooking stations and dedicated tenant storage, alongside numerous bathroom and WC facilities across all floors, ensuring practicality for multi-occupancy living.
A basement level provides additional storage and utility space, further increasing operational efficiency.
Size / Area
Large multi-storey HMO (exact sq ft TBC – substantial footprint with basement)
For Sale (Investment Property)
Price
£600,000
Key Features
13-bedroom licensed HMO
Large multi-storey property with basement
Fully refurbished throughout
Fully furnished rooms with premium features
Approx. size: TBC (large-scale HMO)
Multiple bathrooms and WCs across floors
Large communal kitchen with multiple cooking stations
Dedicated tenant storage units
Prime Preston city location
Walking distance to university & station
Strong student and professional demand
£74,100 gross income / £60,000+ net income
Preston is a thriving university city with strong rental demand driven by the University of Central Lancashire, major employers, and excellent transport links. Properties located close to the city centre and university benefit from high occupancy rates and consistent tenant turnover.
Investment Angle
This opportunity offers:
High-yield investment (~12%+ gross)
Fully compliant and income-ready HMO
Prime location with strong tenant demand
Large unit count enabling strong cashflow
Minimal additional capital expenditure required
Large, fully refurbished HMOs in university locations are highly sought after due to their strong returns and long-term rental stability.
Contact Fraser Bond to request full financials, tenancy details, and arrange a viewing.
High-yield, large-scale HMOs in prime university locations are extremely limited and transact quickly.