8 Bank Parade,  Preston, PR1 1 bed apartment for sale

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8 Bank Parade, Preston, PR1 1 bed apartment for sale

8 Bank Parade, Preston PR1
£53,000

Our Summary

  • Some Refurbishment required
  • Option 1: Purchase as part of a package- This one-bedroom apartment + 2nd 1-bedroom apartment + studio apartment + 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

<|start_header_id|>assistant<|end_header_id|> Here is a summary of the property description in a single paragraph: Investors and first-time buyers are being offered a unique opportunity to purchase a one-bedroom apartment in a prime location, just a short walk from the city centre and Avenham Park. The property can be purchased as part of a package deal, including a freehold and a 360ft garden, for £175,000. Alternatively, the apartment can be bought individually for £53,000. The package deal includes three apartments, including a second one-bedroom apartment and a studio, which could generate a rental income of around £1750 per month after refurbishment. The freehold and garden can also be purchased separately for £25,000. With a leasehold tenure and no ground rent, this property offers a great investment opportunity or a chance to own a piece of Preston's history.
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