Mercer Street, Preston PR1 2 bed flat for sale

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Mercer Street, Preston PR1 2 bed flat for sale

Mercer Street, Preston PR1
£86,000

Our Summary

  • For greater detail on this property's investment potential, please see the Let Property Pack linked below
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • Investment potential detailed below (Let Property Pack)

Description

This 2-bedroom flat in Preston is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a spacious lounge, modern kitchen, and two bedrooms. Currently, it produces an annual gross income of £9540, which could be increased to a market rate of £10,044 with the right management. The property has a tenant already in situ, who has been paying rent consistently for several years and has no intention of moving out. With a worthwhile addition to an investor's portfolio, this property is a great chance to generate rewarding rental returns and is close to valuable amenities.