£97,999
2 bed flat for saleHeys Hunt Avenue, Leyland PR25
2 beds
2 baths
1 reception
EPC Rating: D
About this property
Ground Floor Apartment
Two bedroom
Great Location
Excellent Investment Opportunity
Excellent Rental Area
First Time Buyers
Investors!
Potential for capital growth
Ready-to-go Investment Opportunity
Inside, you are greeted by a bright, open-plan living and dining area that flows seamlessly into a fully fitted kitchen with integrated appliances. Both bedrooms are well-proportioned, with an en-suite to the master, complemented by allocated off-road parking and access to well-maintained communal lawns.
Positioned right in the heart of town, you are within easy reach of everyday amenities and well-known supermarkets, while the nearby train station and M6/M61 motorways make daily commutes and weekend trips effortless.
It is an area with a bright future, currently benefiting from Leyland-s major £34 million Town Deal regeneration project, which is bringing a brand-new market square and business hub to the area. Backed by steady regional growth and a 14% increase in local property values over the last five years, this is a location poised for continued appreciation.
While it makes a wonderful, low-maintenance home for owner-occupiers, it is equally versatile for buyers seeking an established asset. The property is currently tenanted at £725 per month (£8,700 per year), providing a solid 8.7% return that can be pushed past 9% with a simple rent review, but vacant possession can also be arranged if you are looking to move in yourself.
Opportunities in this sought-after development are rare. Get in touch with us today to arrange a viewing.
Service Charges: £519 Per Quarter
Ground Rent: £125.00 P A
Lease Length: 250 Years from 2004
These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. Itshould not be assumed that the property has all the necessary planning, building regulation or other consents and we have not testedservices, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.
Mortgage calculator
£490 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (228 years)
Service charge
£2,076 per year
Council tax band
B
Ground rent
£125
Ground rent date of next review



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