>
Mercer Street, Preston PR1 2 bed flat for sale
Mercer Street, Preston PR1
£106,000
Mercer Street, Preston PR1
£106,000
Our Summary
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
- INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
- Investment potential detailed below (Let Property Pack)
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 long-term tenants already in place. The property is well-maintained and features a spacious lounge, modern kitchen, and 2 bedrooms. With a tenant already situated, the new owner can benefit from a steady income stream and minimal vacancy periods. The current tenants have a good track record of paying their rent on time and have no intention of moving out, making for a stable and lucrative investment. With the potential to increase rental income and a competitive purchase price, this property is an attractive addition to any investor's portfolio.