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
£90,000

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, offering a current annual gross income of £9540 and potential to increase to £10,044 with a new owner. The property is well-maintained and features a spacious lounge, modern kitchen, and two bedrooms. With a tenant already in place, there is minimal risk and a smooth transition process. The current tenants have been long-term residents, paying their rent consistently, and have no intention of moving out, providing a secure and stable income stream for the new owner. With its proximity to amenities and potential for rental returns, this property is a worthwhile addition to any investor's portfolio.