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1 bedroom flat for sale
Garstang Road, Preston, Lancashire, PR1
£39,000
Garstang Road, Preston, Lancashire, PR1
£39,000
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 studio flat in Preston is a fantastic investment opportunity for those looking to expand their portfolio. The well-kept property features one bedroom, desk space, modern kitchen, and bathroom, and is situated in a building with a range of amenities including a communal kitchen and dining space, roof deck, lounge, gym, and utility room. The property is currently producing an annual gross income of £7,440 with long-term tenants already in place, making it a worthwhile addition to an investor's portfolio. The property is part of a purpose-built student accommodation block and can only be let out to students, with the current tenant having consistently paid rent for their stay. The property is being sold with the tenant in situ and managed by student living, making for a smooth transaction process.