Offers over
£70,000
(£123/sq. ft)
1 bed flat for saleWellington Street, Preston PR1
1 bed
1 bath
1 reception
570 sq. ft
EPC Rating: D
Leasehold
About this property
On-Street Parking
Communal Rear Garden
Buy-to-Let Opportunity
Long-Term Tenants currently situated
Likely to attract enquiries from Serious Investors & Developers
Investment potential detailed below (Let Property Pack)
Our latest listing is a 1-bedroom flat located in Preston. It is conveniently close to essential amenities, offers strong potential for rental returns, and has a tenant in residence.
For investors looking to expand their portfolio, this is a fantastic opportunity!
This property features one bedroom, a lounge, a kitchen, and a three-piece bathroom. It also benefits from on-street parking and a shared rear garden for residents to enjoy.
Investment details
It currently generates an annual gross income of £5,700, with tenants currently residing there. Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investor's property portfolio.
Please see the Let Property Pack linked below for greater details on this property's investment potential.
If you are interested, please call us.
Tenancy Details
The current tenants have been residing in the property for several years and have consistently paid their rent on time. They do not plan to move out and wish to continue their tenancy.
We are committed to facilitating a smooth transaction process between buyer and seller. To ensure maximum commitment to the sale from both parties, a Buyer's Premium will be applied to secure a property transaction process between buyer and seller.
For investors looking to expand their portfolio, this is a fantastic opportunity!
This property features one bedroom, a lounge, a kitchen, and a three-piece bathroom. It also benefits from on-street parking and a shared rear garden for residents to enjoy.
Investment details
It currently generates an annual gross income of £5,700, with tenants currently residing there. Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investor's property portfolio.
Please see the Let Property Pack linked below for greater details on this property's investment potential.
If you are interested, please call us.
Tenancy Details
The current tenants have been residing in the property for several years and have consistently paid their rent on time. They do not plan to move out and wish to continue their tenancy.
We are committed to facilitating a smooth transaction process between buyer and seller. To ensure maximum commitment to the sale from both parties, a Buyer's Premium will be applied to secure a property transaction process between buyer and seller.
More information
Tenure
Leasehold (107 years)
Service charge
£1,344 per year
Council tax band
A
Ground rent
£25
Ground rent date of next review
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