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Bird Street, Preston, Lancashire, PR1 2 bed terraced house for sale
Bird Street, Preston, Lancashire, PR1
£95,000
Bird Street, Preston, Lancashire, PR1
£95,000
Our Summary
- Needs some TLC to maximize its true potential
- This is your classic rental property-Nothing intrinsically wrong, but needs a little TLC
- It would also suit the first-time buyer, who wants a home to move into straight away but with the knowledge that they can add value by modernising/refurbishing over time
Description
This two-bedroom, two-reception end-terrace property in Broadgate, Preston, is a great investment opportunity or first-time buyer's dream. The property needs some TLC to reach its full potential, but its current rent of £725 per month provides a net yield of around 9%. The property features two double bedrooms with built-in storage, a small kitchen, family bathroom, rear yard, and on-road parking. With its location in a high-rental demand area, this property has the potential to increase in value with modernization and refurbishment. The current tenant is in situ until the end of October, providing a steady income stream for investors, or it can be purchased with vacant possession for those looking to put their own stamp on the property.