Studio for sale

8 Bank Parade, Preston PR1

*** attention investors***
Great opportunity to purchase this studio apartment in this stunning location (Walking distance to both City centre and Avenham Park). Selling as part of A package or individually-See full details below.

Package to include freehold and 360 ft garden!
Alternatively, each apartment is ideal for a first-time buyer. Some Refurbishment required.

Option 1: Purchase as part of a package- This studio apartment + 2 x 1-bedroom apartments + the freehold/Basement/Under ground passage to garden/360 ft garden (needs developing).

Combined/All-Inclusive price = £175,000.

We believe the rental income for the 3 apartments could be around £1750 pcm after some refurbishment.

'or all 3 could be 'developed into 1 Apartment.

Option 2: Purchase this studio apartment for £38,000.

The 3 apartments purchased individually:

Apartment 1 (1-bed) = £68,000

Apartment 4 (this studio) = £38,000

Apartment 5 (1-bed) = £53,000

The combined purchase saves £9,000 on the apartments.

The freehold/Basement/Passageway/360 ft undeveloped garden can be purchased for £25,000.

Tenure - Leasehold (999 yrs)

Each apartment pays £50 pcm towards the Management of the building (unless you purchase the freehold)

No Ground Rent
Council tax band - A

EPC- E


Please contact' 'Lancashire' 'Sales and Lettings' 'Tel: London Rd, Preston, Pr1 4BA

Disclaimer
These particulars, whilst believed to be correct, do not form any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact. No person in this' 'firms' 'employment has the authority to make or give any representation or warranty in respect of the property. All measurements quoted are approximate. Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.

Kitchen Area (2.5m x 2m)

LED spots to ceiling, Fitted wall & base units, laminate worktop, integrated electric oven/hob/extractor fan, undercounter fridge/freezer, vinyl flooring, tiled splashbacks, smoke alarm, plumbing for washing machine.

Lounge/Bedroom (4m x 3.1m)

LED spots to ceiling, wall light, carpet, electric wall heater, sg window to side, feature exposed brick chimney breast, intercom.

Shower Room (1.9m x 1.4m)

LED stots to ceiling, extractor fan, shower cubicle with thermostatic shower, tiled to shower, towel radiator, W.C, sink, vinyl floor.

External

Private road-Parking via permit.

Disclaimer

These particulars, whilst believed to be correct, do not form any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact. No person in this firm's employment has the authority to make or give any representation or warranty in respect of the property. All measurements quoted are approximate. Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.