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3 bedroom terraced house for sale
Yewtree Avenue, Preston, Lancashire, PR26QB
£100,000
Yewtree Avenue, Preston, Lancashire, PR26QB
£100,000
Our Summary
- In need of modernisation/some refurbishment, FREEHOLD, large outdoor rear space, Perfect for an investor but would also appeal to the first-time buyer market, if wanting to add value
- This 3-bed property provides the opportunity to make some refurbishments, hence offered below the market value for similar sized properties in the area
- The rear space offers great potential for extension (subject to planning permission) and/or a superb space for entertaining/al-fresco dining
- Book a viewing to appreciate the potential on offer
Description
This 3-bedroom freehold property is a great investment opportunity, currently tenanted and generating a 7.8% yield, but with potential to increase to 10% with refurbishment. The property needs some modernization and refurbishment, but offers a large front-to-back lounge/diner, kitchen, and three double bedrooms upstairs. The rear space has potential for extension or outdoor entertaining, and the property also features off-road parking and a single garage. With a below-market value due to the need for refurbishment, this property presents a great opportunity for an investor or first-time buyer to add value. With a large outdoor space and potential for expansion, this property is perfect for those looking to make their mark and create a unique home.