Initial price	£450,000
04/04/24	£425,000
Price Change	-5.56%

A 12-bedroom HMO in a desirable location on Preston seafront is being offered for sale through a modern method of auction with a 14% yield, making it a lucrative investment opportunity. The property boasts a large communal lounge and two spacious kitchen areas, which can increase its appeal to potential tenants. On the first floor, there are five bedrooms and a communal bathroom area, while the second floor has four bedrooms and another bathroom area. Additionally, there are three bedrooms with en-suite facilities and a separate entrance towards the rear of the property. Living close to Preston Sands beach and the South West coastal path provides a unique lifestyle surrounded by coastal beauty and outdoor adventure, with endless opportunities for exploration along the South West coastal path.