2 bedroom end of terrace house for sale

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2 bedroom end of terrace house for sale

Derwentwater Place, Preston, Lancashire, PR1
£125,000

Our Summary

  • Investment Opportunity - Tenanted 2-Bedroom Terraced Property 5 Derwentwater Place, Preston, PR1 6DL Guide Price: £125,000 | Gross Annual Income: £9,240 | Gross Yield: 7
  • Fully managed and hands free investment opportunity

Description

This is an investment opportunity to purchase a two-bedroom terraced property located in a popular area near Preston city centre and the University of Central Lancashire. The property is currently tenanted and has been occupied by the same tenants for seven years, with a consistent rental payment record. The property is offered as a freehold asset with a new boiler installed within the last two years and an EPC rating of D. With a guide price of £125,000, the property generates a gross annual income of £9,240, resulting in a gross yield of 7.39%. The property is being sold with a fully managed lettings and property management service available, providing a hassle-free investment opportunity for buyers.