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8 Bank Parade, Preston, PR1 Studio for sale
8 Bank Parade, Preston PR1
£38,000
8 Bank Parade, Preston PR1
£38,000
Our Summary
- Some Refurbishment required
- Option 1: Purchase as part of a package- This studio apartment + 2 x 1-bedroom apartments + the freehold/Basement/Under ground passage to garden/360 ft garden (needs developing)
- We believe the rental income for the 3 apartments could be around £1750 pcm after some refurbishment
Description
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Here is a summary of the property description in a single paragraph:
This studio apartment is being sold as part of a package or individually, offering investors and first-time buyers a unique opportunity. The package includes the studio apartment, two one-bedroom apartments, and the freehold, basement, and 360ft garden, which can be developed. The combined price for the package is £175,000, with a potential rental income of £1750 per month after refurbishment. Alternatively, the studio apartment can be purchased individually for £38,000, or as part of a bundle with the other two apartments for a discounted price. The property is leasehold with a 999-year lease and no ground rent, and is located in a desirable area with easy access to the city center and Avenham Park.