>
9 bedroom block of apartments for sale
West Cliff,Preston,PR1 8HX
£525,000
West Cliff,Preston,PR1 8HX
£525,000
Our Summary
- 42%, offering an immediate value-add opportunity without the need for renovation
- Whether you're expanding an existing portfolio or looking for a high-performing, hands-off investment, 47 West Cliff offers security, stability and growth potential in one of Preston’s most reliable rental pockets
- Ideal hands-off investment opportunity
Description
This rare opportunity presents a fully tenanted, freehold block of five apartments in a prime Preston city centre location, situated next to Preston Train Station. The well-maintained building consists of four two-bedroom and one one-bedroom apartments, all professionally managed and regularly maintained, with a current gross yield of 7.3%. With updated market rents indicating a potential gross yield of 8.42%, this property offers an immediate value-add opportunity without the need for renovation. The location supports exceptionally strong rental demand year-round, making it an attractive investment opportunity for those looking for security, stability, and growth potential in one of Preston's most reliable rental pockets.