£200,000

Grimshaw Street, Preston

Terraced House, 8 bedrooms

Features


Description

This property briefly comprises of:


Entrance Hallway


Door into entrance hallway, coved ceiling, picture rail and meter cupboard. Timber effect wood laminate flooring, central heating radiator, doors into lounge, bedroom, shower room and kitchen.




Lounge


14'4 x 12'1
Two windows to the front, timber effect laminate flooring, picture rail, inset lighting and double central heating radiators.




Kitchen


Double glazed window to the side, fitted wall and base units with complimentary worktops, two drainer sink with hot and cold mixer taps, gas cooker point, plumbed for a washing machine, part tiled flooring, 'baxi' combi boiler and door to the side.




Bedroom One


10'5 x 11'1
Window to the rear and double central heating radiator.




Shower Room


Walk in shower cubicle with over head shower, pedestal wash hand basin and auto extractor.




Bedroom Two


11'8 x 10'4
Window to the side and double central heating radiator.




Bedroom Three


11'4 x 10'6
Double glazed window to the rear and central heating radiator.




Bedroom Four


12'1 x 8'0
Window to the front, central heating radiator.




Bedroom Five


11'7 x 8'5
Two windows to the front, central heating radiator, built in shower cubicle with over head electric shower and tiled walls.




WC


Low level wc and tiled walls.




Bedroom Six


12'6 x 10'6
Double glazed window to the rear, central heating radiator.




Bedroom Seven


15'0 x 12'5
Windows to the front, central heating radiator.




Bedroom Eight


11'10 x 9'8
Two windows to the front, central heating radiator.




Shower Room


Shower cubicle with over head shower, pedestal wash hand basin, low level wc and tiled walls.




Purpose Built Toilet Block


Newly built separate wc with pedestal wash hand basin located in yard area, tap on the outside.


INVESTMENT ILLUSTRATION

Purchase price: £200,000
Deposit: £20,000
Potential rental income: 8 x £75 x 52 weeks £31,200
Less mortgage @ 5% £9,000
Annual income: £22,000

Yield: 15.6%

Please note this example is for illustration purposes only. Your property is at risk if you fail to keep up the repayments on a loan or mortgage secured against it.


Floorplan

Grimshaw Street, Preston

Location map

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Grimshaw Street Preston

Jones Cameron

86 Plungington Road, Plungington, Preston, PR1 7RA

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01772 888887

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