Offers over
£50,000
1 bed flat for saleGarstang Road, Preston PR1
1 bed
1 bath
- Leasehold
Let Property
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About this property
Buy-to-Let Opportunity
Likely to attract enquiries from Serious Investors & Developers
Modern Kitchen and Bathroom
Pristine Condition
Access to Building Amenities
Perfect Location for Students
Investment potential detailed below (Let Property Pack)
This is a studio flat in Preston. With valuable amenities in close proximity, rewarding rental returns and a tenant currently situated, this is a fantastic opportunity for investors looking to expand their portfolio!
The well-kept home features 1 bedroom, desk space, modern kitchen and bathroom. The building has amenities like communal kitchen and dining space, roof deck, lounge, gym and utility room.
Investment Details
It currently produces an annual gross income of £7,440 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.
For greater detail on this property's investment potential, please see the Let Property Pack linked below.
If you are interested, please call us.
Tenancy Details
The property is within purpose-built student accommodation (psba) block and it can only be let out to students. The current tenant has consistently paid rent for the duration of their stay. The unit is currently managed by student living and must be sold with the tenant in situ.
Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.
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More information
Tenure
Leasehold (999 years)
Service charge
Council tax band
Ground rent
£275
Ground rent date of next review