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1 bedroom flat for sale
Barley Field, Preston PR5
£58,000
Barley Field, Preston PR5
£58,000
Price History
Initial price | £60,000 |
13/02/25 | £58,000 |
Price Change | -3.33% |
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 lounge/bedroom, three-piece bathroom, kitchen, dressing area, and allocated parking. Currently, it produces an annual gross income of £5,400, but with some tweaks, the new owner could increase the rental income to a market rate of £7,500. The property has a tenant currently situated, who has consistently paid their rent and has no intention of moving out, making it an attractive option for investors. With a valuable location and rewarding rental returns, this property is a worthwhile addition to any portfolio.