£82,500
1 bed flat for saleLawson Street, Preston PR1
1 bed
1 bath
1 reception
EPC Rating: C
- Leasehold
Taylors Estates
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About this property
Taylors Estates are delighted to bring to market this fully furnished one bedroom apartment, set within the sought after Room Apartments development. Offered For Sale with a Tenant in situ, the property is achieving £675pcm offering an attractive gross yield of 9.8%, equating to 7.8% nett yield when service charges have been taken into account.
The location of the development provides easy access to the City Centre with its shopping and leisure facilities, including the new Animate project which is located a short walk away and houses a multi screen cinema, bowling alley and various restaurants. Being centrally located there is also easy access to the University of Central Lancashire, Preston’s Train Station and Bus Station and Preston Royal Hospital.
As you enter the apartment, you will find a spacious entrance hall where there is a utility cupboard which has a water heater and ventilation unit inside. On the other side of the hallway, there is the entrance to the bathroom which briefly comprises of a bath with overhead shower, sink and toilet.
Moving further into the property, you will find the spacious open plan kitchen/living room which benefits from lots of natural light due to the double doors on the far side of the living room which lead out onto a balcony at the front of the building. The kitchen is modern and comprises of a tall fridge/freezer, dishwasher, oven with hobs and overhead extractor fan, sink, and plenty of cupboard space.
Finally, there is the large double bedroom, this room has more than enough space for all the necessary furniture, providing comfortable living for occupiers.
The building as a whole benefits from a high speed fibre connection which gives each apartment the opportunity to access speeds of up to 1Gb. The onsite caretaker and cleaner mean that building is kept looking it best at all times.
Generating a healthy rental income this makes a great rental property and due to its location and popularity rarely has a void period. It appeals to Graduates, students wanting their own space, hospital workers and those who fancy all that City Centre living offers.
EPC Rating: C
Hallway
The Hallway has recently had new carpet fitted, which is true of all the applicable rooms. There is an intercom system which allows remote unlocking of the main doors to the building and there is also a utility cupboard housing the water tank, electricity consumer unit, air filtration system and the combination washing machine/dryer.
Open-Plan Living/Kitchen
At the left-hand end of the Hallway is the open-plan Living/Kitchen. The Living space is freshly carpeted and benefits from a Juliet balcony with French Doors opening into the room. The Kitchen area is defined with a different style of flooring, being a wood-effect vinyl which is also newly fitted. The Kitchen units are fully fitted with good storage, whilst there a stainless steel sink, with rinsing bowl and drainer, and integrated appliances in the form of a tall fridge/freezer, dishwasher, electric oven, induction hob and extractor hood.
Bedroom
Located opposite the Living/Kitchen, the Bedroom is a good sized double room with new carpets and bedroom furnishings in the form of a double bed and mattress, two bedside tables and two wardrobes.
Bathroom
The Bathroom has a tiled floor and part-tiled walls, and is fitted with a modern white three piece bathroom suite with shower over the bath and shower screen, as well as a heated towel rail.
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More information
Tenure
Leasehold (732 years)
Service charge
£1,466 per year
Council tax band
A
Ground rent
£245
Ground rent date of next review