4 bed terraced house for sale

Lovat Road, Preston PR1

**Student HMO - approx 12% Rental Yield**

Suit Investors/Cash-Buyers
Fantastic four bedroom, mid-terraced property, located close to UCLan.
The property is a student HMO (since 2008) and historically been achieving around £19,000 per year giving you approximately 12% rental yield. Would also easily revert back to a family home.
The property sits within walking distance of a number of amenities including, university, shops, parks, restaurants, bars, and has good transport options including Bus and Train stations.
Briefly comprising; Entrance hallway, downstairs double bedroom, large living room that leads into the fitted kitchen area with a side door into the rear garden.
To the first floor from the landing, you access all three double bedrooms and the three-piece bathroom suite.
The rear of the property has a paved area for easy maintenance with street parking out front. A light refurb would increase the rental price further.

Viewing advised!

To Book your viewing 24/7 go to Purplebricks web site

Property Ownership Information

Tenure

Freehold

Council Tax Band

A

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as "draft". Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.

Successful buyers will be required to complete anti-money laundering and proof of funds checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.