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2 bedroom terraced house for sale
Preston Crescent, Prestonpans EH32
£140,000
Preston Crescent, Prestonpans EH32
£140,000
Our Summary
- Property has excellent potential to be turned into a Serviced Accommodation property subject to gaining and researching consents for licensing
- *POTENTIAL HIGH YIELD INVESTMENT*Excellent Investment Opportunity
- This property is offered at a fantastic price to ensure an Auction sale
- The property will feature in our upcoming timed online auction
- To participate in the live auction, you must have a bidding account created
Description
This 2-bedroom detached property in Prestonpans, East Lothian, Scotland, is an excellent investment opportunity. With a guide price of £140,000, it has the potential to generate a high yield through rental income, with a monthly rental value of £1,100-£1,200. The property has been previously sold for £129,000 in 2018 and £209,000 in 2019, demonstrating strong demand in the area. The local market has shown significant growth, with nearby properties selling for £186,100 and £209,000. The property's location is ideal, with easy access to local amenities, schools, and public transport, making it an attractive option for both investors and first-time buyers. With its potential for serviced accommodation and excellent capital growth, this property is sure to appeal to shrewd investors seeking a turnkey investment in a sought-after location.