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  • Detached Property comprising Three Self Contained Flats
  • Fantastic Investment Opportunity
  • Current Rent of £15,600 per annum
  • Ideal location
  • Fully tenanted


We are delighted to offer for sale this fantastic investment opportunity in Preston.

The building occupies a large corner plot and is currently set out as three self contained one bedroomed flats.

The flats are fully occupied with two of them being rented to long term tenants for a number of years. 

The property has two flats on the ground floor with a large one bedroomed flat occupying the first floor.  However, the property also has a basement and there is therefore scope to change the layout of the building to maximise rental income.

The owner currently pays council tax on the building at appxoimately £200pcm together with water rates at £25pcm.

The current rents are

Flat 2 (Ground Floor) - £440pcm

Flat 4a (Ground Floor) - £380 pcm

Flat 4b (First Floor) - £480 pcm

 

Key features:

 

Full description:

Entrance Hall -
Entrance hallway for coats, cellar and loft access
Apartment 2
Lounge - 13’1 x 10’4 Large bay window
Kitchen - 7’5 x 4’5 Good condition with stainless steel sink unit, extractor hood, electric cooker, washing machine and fridge, part tiled walls and cupboard
Bedroom - 11’0 x 9’5 Double Bedroom
Bathroom - 10’9 x 3’8 Three piece bathroom suite comprising of: - low level WC, shower cubical, pedestal wash hand basin, part tiled walls
Studio 4a
Lounge/Bedroom - 12’6 x 13’3 Self-contained lounge with storage cupboard, electric fire, large window
Kitchen - Stainless steel sink unit, extractor hood and electric cooker, fridge and washing machine, storage area with part tiled walls
Bathroom - 5’6 x 5’2 three piece bathroom suite comprising of: - shower cubical, pedestal wash hand basin, low level WC, part tiled walls
Apartment 4b
Lounge - 14’2 x 11’0 large window and fitted cupboard
Kitchen - 9’7 x 7’9 Stainless steel sink unit, electric cooker with extractor hood, fridge and washing machine, part tiled walls
Bedroom - 9’2 x 11’3 Double bedroom with fitted cupboard
Bathroom - 9’2 x 11’3 Double bedroom with fitted cupboard
 
Property Map