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2 bed property, in Mercer Street, £88,000
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2 bed flat

Mercer Street, Preston PR1
£88,000
-2.2%

Price History

Initial price £90,000
Dec 28, 2024 £88,000
Jan 3, 2025 £86,000
Jan 10, 2025 £84,000
Jan 17, 2025 £82,000
Jan 31, 2025 £90,000
Mar 1, 2025 £88,000
Mar 13, 2025 £86,000
Mar 20, 2025 £84,000
Mar 27, 2025 £82,000
Apr 4, 2025 £80,000
Apr 11, 2025 £88,000
Apr 18, 2025 £86,000
Jul 4, 2025 £88,000
Jul 17, 2025 £106,000
Sep 24, 2025 £90,000
Jan 31, 2026 £88,000
Feb 13, 2026 £86,000
Feb 14, 2026 £86,000
Mar 2, 2026 £88,000
Mar 28, 2026 £86,000
Mar 31, 2026 £84,000
Apr 2, 2026 £88,000
Apr 15, 2026 £86,000
Apr 21, 2026 £88,000
Price Change -2.2%

Our Summary

  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • For greater detail on this property's investment potential, please see the Let Property Pack linked below

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Description

This 2-bedroom flat in Preston is a fantastic investment opportunity, offering a current annual gross income of £9540 and potential to increase to £10,044 with a new owner. The property is well-maintained and features a spacious lounge, modern kitchen, and two bedrooms. With a tenant already in place, there is minimal risk and a smooth transition process.

The current tenants have been long-term residents, paying their rent consistently, and have no intention of moving out, providing a secure and stable income stream for the new owner. With its proximity to amenities and potential for rental returns, this property is a worthwhile addition to any investor's portfolio.