1. Property photo 1 of 6 Reception
  2. Property photo 2 of 6 Reception
  3. Property photo 3 of 6 Kitchen Area (Open Plan)

£45,000

2 bed flat for sale
Ribble Bank Street, Preston PR1

    • 2 beds

    • 1 bath

    • 1 reception

  • EPC Rating: D

Leasehold
Added on 08/07/2025

About this property

  • Located on Ribble Bank in Preston

  • Close to many amenities

  • Within 12 min walk to St Georges Shopping Centre

  • All Transport links

  • Within 8 min walk to the railway station

Highgate Homes bring to the market this charming two-bedroom flat on Ribble Bank Street presents an excellent investment opportunity. The property boasts a well-proportioned reception room, perfect for relaxation or entertaining guests. With two comfortable bedrooms, it offers ample space for individuals or small families. The flat is equipped with a modern bathroom, ensuring convenience and comfort for its occupants.

This property benefits from contemporary design and amenities, making it an appealing choice for both investors and first-time buyers. Currently, the flat generates a steady income of approximately £550 per month, providing a reliable return on investment. The property is currently occupied by a sitting tenant on a six-month shorthold tenancy, allowing for a seamless transition for any prospective buyer.

Location is key, and this flat does not disappoint. It is conveniently situated just a short 12-minute stroll from St George's Shopping Centre, where a variety of shops and dining options await. For those who commute, the railway station is a mere eight-minute walk away, offering excellent transport links to surrounding areas.

In summary, this two-bedroom flat on Ribble Bank Street is a fantastic opportunity for anyone looking to invest in a property with a solid rental income and a prime location. With its modern features and proximity to local amenities, it is sure to attract interest from a range of buyers.

To book a viewing please make an enquiry through our website, zoopla or onthemarket.

Reception

Reception room which is 14.70m2 (5.39 x 3.17)

Kitchen Area (Open Plan)

Kitchen area located within the reception room

Bedroom 1

Bedroom 1 which is 7.19m2 (3.27 x 2.20)

Bedroom 2

Bedroom 2 which is 6.46m2 (3.28 x 2.25)

Bathroom

Bathroom which is adjacent to the hallway

More information

  • Tenure

    Leasehold (106 years)

  • Service charge

    £2,530 per year

  • Council tax band

    A

  • Ground rent

    £500

  • Ground rent date of next review

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