1 bed flat

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1 bed flat

Garstang Road, Preston PR1
£60,000

Our Summary

  • Considering the purchase price and the potential rental income that could be earned in future years, 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
  • Investment potential detailed below (Let Property Pack)

Description

This studio flat in Preston is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a studio flat, lounge, kitchen, bathroom, and street parking. Currently, it produces an annual gross income of £9,180 with tenants already situated, who have consistently paid their rent and have no intention of moving out. With a purchase price and potential rental income, this property is likely to be a worthwhile addition to an investor's portfolio. The current tenants have lived in the property for several years, and the seller is committed to facilitating a smooth transaction process between buyer and seller.