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1 bedroom flat for sale
Garstang Road, Preston, Lancashire, PR1
£67,000
Garstang Road, Preston, Lancashire, PR1
£67,000
Our Summary
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
Description
This studio flat in Preston is an attractive investment opportunity for those looking to expand their portfolio. The property features one bedroom, a modern kitchen, and bathroom, and is situated in a well-maintained building with a range of amenities, including a communal kitchen and dining space, roof deck, lounge, gym, and utility room. The current tenant is situated and paying rent, and the property is producing an annual gross income of £4,188, which could be increased to a market rate of £7,704 with the right management. The property is part of a purpose-built student accommodation block and can only be let out to students, making it a stable and reliable investment. With a Let Property Pack available for further details, this could be a worthwhile addition to an investor's portfolio.