Garstang Road, Preston PR1 1 bed flat for sale

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Garstang Road, Preston PR1 1 bed flat for sale

Garstang Road, Preston, Lancashire, PR1
£43,500

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-maintained property features one bedroom, a 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 currently produces 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 throughout their stay and managed by student living.