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20 bed detached house
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Price History
Our Summary
- Investment Opportunity
- Renovation Needed
- Nestled in the area of Tulketh Crescent, Preston, this property presents an investment opportunity for discerning buyers
- While the property is in need of renovation, it offers a substantial amount of land, allowing for potential development or enhancement to maximise its value
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Description
Nestled in the area of Tulketh Crescent, Preston, this property presents a unique investment opportunity for discerning buyers. The expansive estate, comprising 20 self-contained flats and studios, currently generates an impressive annual rental income of £100,380. While in need of renovation, the property offers substantial land, allowing for potential development or enhancement to maximize its value.
Situated in a community, close to local amenities and transport links, the property has ample space for a variety of living arrangements, making it an attractive option for both investors and future tenants. With the right vision and investment, this estate could be transformed into a highly sought-after residential complex, capitalizing on the growing demand for rental properties in the area.