£45,000
2 bed flat for saleRibble Bank Street, Preston PR1
2 beds
1 bath
1 reception
EPC Rating: C
Leasehold
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
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
Mortgage calculator
Monthly repayment
£225 per month
Whole of market comparison
70+ lenders and 10,000+ products
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 (106 years)
Service charge
£2,530 per year
Council tax band
A
Ground rent
£500
Ground rent date of next review



.png)