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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 an ideal investment opportunity or first-time buyer's dream. The property can be purchased with a tenant in situ, generating a net yield of around 9%, or with vacant possession. While it needs some TLC to maximize its potential, it's a classic rental property with nothing inherently wrong. The two bedrooms, both with built-in storage, can accommodate double beds, and the property features an entrance porch, two receptions, a small kitchen, family bathroom, rear yard, and on-road parking. With a freehold tenure and a relatively low council tax band, this property offers a great chance to add value and benefit from the high rental demand in the area.