Golf View,  Preston, PR2 1 bed apartment for sale

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Golf View, Preston, PR2 1 bed apartment for sale

Golf View, Preston, PR2
£70,000

Our Summary

  • The property becomes vacant towards the end of April, offering a great opportunity for an owner-occupier to purchase or can be an ideal investment opportunity for an investor, offering a clean and well-maintained purchase in an area attracting quality renters

Description

This one-bedroom apartment is located in a private development on the upper floor of a 2-storey house, with a private entrance and side garden. The property features two parking spots directly in front of the apartment, making it ideal for an investor or owner-occupier. The apartment is situated in a sought-after location, close to local shops, green spaces, and transport links, including a key bus route to Preston city centre and Royal Preston Hospital. The interior of the apartment is well-proportioned, with a lounge, bedroom, bathroom, and kitchen with fitted units. The property is currently tenanted until the end of October, generating a rental income of £650 per month, and offers a gross yield of 11% and a net yield of 9.8%. With a management fee of £900 per year and ground rent of £55 per year, this property presents a great opportunity for an investor or owner-occupier looking for a clean and well-maintained purchase in a desirable area.