5 bedroom apartment for sale

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5 bedroom apartment for sale

James Street, Preston PR1
£280,000

Our Summary

  • An excellent investment opportunity to acquire a fully tenanted block of three self-contained apartments, generating £2000pcm with an 8
  • Early viewing is recommended to appreciate the investment potential of this superb property

Description

This is an excellent investment opportunity to acquire a fully tenanted block of three self-contained apartments in Preston, generating £2000 per month with an 8.5% yield. The property comprises two spacious two-bedroom apartments and one well-presented one-bedroom studio apartment, all currently let and producing immediate rental income. Located close to the city centre, university, and local amenities, the property benefits from consistent tenant demand. Each apartment is finished to a modern standard with fitted kitchens and contemporary bathrooms, making it a low-maintenance, income-producing asset that would be a valuable addition to any landlord's portfolio. With full tenancy details and rental figures available on request, early viewing is recommended to appreciate the investment potential of this superb property.