2 bed terraced house for sale

Raikes Road, Preston PR1

** Fantastic investment opportunity for the buy-to-let market or for an owner/occupier looking to transform this 2-bed terrace into a family home. In need of modernisation, but situated in an area of high rental demand. Close proximity to local shops and walking distance to the city centre, transport links and schools.
Freehold and EPC rating = C. Vacant possession/No chain.

This property has been in the rental market for a number of years and is onlty being sold as the owner lives overseas.

Consisting of: One lounge, kitchen and understairs storage to the downstairs. Upstairs, there are two double bedrooms (the front one large) and a family bathroom, with a shower over the bath.

Externally, there is on-road parking to the front and a sizeable yard to the rear.

The property does require modernisation and this is reflected in the asking price.

For investors:

The net returns are 10% with a rental income of £750 (pre-refurbishment).

With a rental income of £800, this rises to 11%.
Offered with no chain/vacant possession


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Viewing strictly via Lancashire sales & lettings- offers over £85,000
Tenure - freehold

council tax band - A

EPC- C


Please contact Lancashire Sales and Lettings Tel: London Rd, Preston, Pr1 4BA

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<span>Disclaimer</span>
<span>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.</span>

Porch

Ceiling light, laminate flooring.

Lounge (14m x 13.5m)

Ceiling light, radiator, dgw to front, stone feature fireplace and surrounds, 2 x wall lights, smoke detector, sgw looking into kitchen.

Kitchen (9.4m x 7.7m)

Ceiling light, wallm & base units, integrated gas hob/electric oven/fan over, ss sink and taps, vinyl floor, ggw to rear, radiator, understairs storage-plumbed for washing machine, light, dgw to rear.

Upstairs

Stairwell with wall-hung combi boiler.

Landing

Ceiling light, loft access, smoke detector.

Bedroom 1 (13.6m x 11.2m)

Ceiling light, carpet, radiator, dgw to front-with blinds, storage cupboard.

Bedroom 2 (9.4m x 7.7m)

Ceiling light, radiator, carpet, dgw to rear with blinds, passive vent.

Bathroom (6.8m x 5.5m)

LEDlight, bath with electric shower over, tiled around the bath, W.C, sink, vinyl floor, dgw to rear, passive vent.

External

Yard to rear-outhouse, gated access to ginnel.

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