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1 bedroom flat for sale
Eldon Street, Preston PR2
£155,000
Eldon Street, Preston PR2
£155,000
Our Summary
- An excellent investment opportunity - this converted mid-terrace property is split into two self-contained flats, currently generating a combined gross rental income of £1,200 per month
- Further potential: There is the possibility to add an additional floor and create a third self-contained flat in the loft space (subject to the relevant planning permissions), significantly increasing the property's rental yield and long-term value
Description
This converted mid-terrace property is a fantastic investment opportunity, offering two self-contained flats with a combined gross rental income of £1,200 per month. The property is situated in a high-demand rental area, close to the city centre, university, and transport connections. The ground floor flat features an open-plan living space, one double bedroom, a shower room, and a separate WC, with direct access to a private rear yard. The first floor flat has an open-plan kitchen and living area, one bedroom, and a modern shower room. The property can be sold with tenants in situ or with vacant possession, making it ideal for investors seeking immediate income or buyers looking to occupy. With potential to add an additional floor and create a third self-contained flat, this property offers significant growth opportunities.