2 bedroom flat for sale

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2 bedroom flat for sale

69-71 Ribble Bank Street Preston PR1 8AH
£49,950

Our Summary

  • Please note that this property is currently tenanted, bringing in £450 a month and it could make an excellent investment opportunity with its great location and excellent price

Description

This property is a well-appointed apartment located close to Preston City Centre, just a 10-minute walk from the train station and the University of Central Lancashire. The property features a spacious reception area, two good-sized bedrooms, and a modern kitchen with ample storage space and appliances. The bathroom is tastefully decorated and includes a shower, sink, and toilet. The property is currently tenanted, generating £450 per month, making it an excellent investment opportunity. With 125 years remaining on the lease, annual ground rent of £500, and annual service charges of £2530.32, this property offers a great balance of location, price, and potential for long-term returns.