Golf View,  Preston, PR2 1 bed apartment for sale

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Golf View, Preston, PR2 1 bed apartment for sale

Golf View, Preston PR2
£70,000

Our Summary

  • 'The property becomes vacant towards the end of April, offering a great opportunity for an owner-occupier to purchase or can be an ideal investment opportunity for an investor, offering a clean and well-maintained purchase in an area attracting quality renters

Description

This one-bedroom apartment is a great opportunity for an owner-occupier or investor, located in a private development with a private entrance, side garden, and two parking spots. The property is situated in a sought-after location with easy access to Preston city centre and Royal Preston Hospital, as well as local shops and green spaces. The apartment features a well-proportioned lounge, bedroom with storage cupboard, bathroom with electric shower, and kitchen with fitted units. The property is currently tenanted, with the tenant vacating at the end of April, and is expected to achieve a rental income of around £650 per month, providing a 11% gross yield and 9.8% net yield. The property is leasehold, with a management fee of around £900 per year and ground rent of £55 per year.