1 bed flat for sale

The Goldthread Works, Avenham Road, Preston, Lancashire PR1

Situated in the heart of Preston-s thriving city centre, this well-presented one-bedroom apartment represents an outstanding opportunity for investors seeking a strong, ready-made return, as well as first-time buyers looking for a stylish and conveniently located home.

Situated in the heart of Preston-s thriving city centre, this well-presented one-bedroom apartment represents an outstanding opportunity for investors seeking a strong, ready-made return, as well as first-time buyers looking for a stylish and conveniently located home.
The property is ideally positioned within walking distance of Preston-s key amenities, including excellent shopping, a wide variety of restaurants and bars, and a vibrant social scene. Preston railway and bus stations are just moments away, offering superb transport links across the region. The apartment is also perfectly located for uclan, making it highly attractive to tenants.
Investment Highlights:

Currently tenanted at £700 pcm (£8,400 per annum)
Tenant in situ – immediate rental income
Impressive gross yield of 9.88% (based on asking price)
Professionally managed property for hassle-free ownership

Property Features:

One spacious double bedroom
Modern open-plan lounge and fitted kitchen with integrated appliances
Contemporary bathroom
Secure entry system
Fully furnished throughout
Economy 7 electric heating & double glazing
Prime central location

The accommodation comprises a welcoming entrance hallway, a generous double bedroom, a well-appointed bathroom, and a bright open-plan living space leading into a modern fitted kitchen-ideal for both relaxing and entertaining.
This leasehold property benefits from a competitive service charge and ground rent of approximately £240 per quarter, making it a cost-effective investment.
Offering immediate income, a prime location, and strong rental demand, this is a fantastic turnkey investment not to be missed.

EPC rating - D

Council tax band - B

Please contact Kingswood.

Fulwood Office: Watling Street Road, Fulwood, Preston, PR2 8EA


Disclaimer:

These particulars, whilst believed to be correct, do not form any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. All measurements quoted are approximate. Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
Disclaimer:These particulars, whilst believed to be correct, do not form any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact. No person in this firm's employment has the authority to make or give any representation or warranty in respect of the property. All measurements quoted are approximate. Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.Anti-Money Laundering (aml) and Identity Verification Checks In accordance with our regulatory obligations, all applicants will be required to complete Anti-Money Laundering (aml) and Identity Verification checks. A non-refundable fee of £45.00 plus VAT per applicant will be payable to cover the cost of these checks. We use Vorensys to carry out these verification processes. Applicants will be contacted directly by Vorensys to provide the necessary information and documentation. Once the checks have been successfully completed and approved, we will be notified and will proceed with the application accordingly. Please note that the aml and Identity Verification fee is non-refundable, regardless of the outcome of the application or verification process.

Reception Room (4.99m x 3.24m)

Ceiling light point, two double glazed windows and an electric radiator.

Kitchen (2.80m x 2.71m)

Ceiling light point, double glazed window, wall and base units, tiled splash back, oven, four ring hob, extractor unit, sink and space for appliances.

Bedroom 1 (3.57m x 3.30m)

Ceiling light point, double glazed window and an electric radiator.

Bathroom (2.29m x 1.26m)

Ceiling light point, part tiled walls, shaped bath tub with curved glass shower screen.

Disclaimer

These particulars, whilst believed to be correct, do not form any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact. No person in this firm's employment has the authority to make or give any representation or warranty in respect of the property. All measurements quoted are approximate. Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.