A 2-bedroom, ground floor flat in the Fishwick area of Preston is currently rented for £650 per month and has an above average yield of 12%. The flat needs modernisation but has great potential and is sold with a tenant in situ who has been renting for over 3 years. The property consists of 2 bedrooms, bathroom, kitchen, lounge/diner, and storage cupboards, and benefits from double glazed windows. The lease is 999 years from build, ground rent is £15 per year, and council tax band is A. This is a great opportunity for a seasoned buy-to-let investor or a first-time buyer looking to get on the property ladder at a low cost.