Wellington Street, Preston PR1 1 bed flat for sale

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Wellington Street, Preston PR1 1 bed flat for sale

Wellington Street, Preston, PR1
£70,000

Our Summary

  • It is conveniently close to essential amenities, offers strong potential for rental returns, and has a tenant in residence
  • Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investor's property portfolio
  • Please see the Let Property Pack linked below for greater details on this property's investment potential
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • Investment potential detailed below (Let Property Pack)

Description

This 1-bedroom flat in Preston is a great investment opportunity, conveniently located near essential amenities and with a tenant already in residence. The property features one bedroom, a lounge, kitchen, and three-piece bathroom, and benefits from on-street parking and a shared rear garden. Currently generating an annual gross income of £5,700, it has strong potential for rental returns and could be a worthwhile addition to an investor's portfolio. The current tenants, who have been residing in the property for several years, have consistently paid their rent on time and wish to continue their tenancy, making for a smooth transition for the buyer. With a Let Property Pack available for further details, this is an excellent opportunity for investors to expand their portfolio.