Mercer Street, Preston PR1 2 bed flat for sale

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Mercer Street, Preston PR1 2 bed flat for sale

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.