Barleyfield, Bamber Bridge PR5 1 bed flat for sale

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Barleyfield, Bamber Bridge PR5 1 bed flat for sale

Barleyfield, Clayton-le-Woods, Preston PR5
£51,000

Price History

Initial price £60,000
05/03/25 £58,000
15/03/25 £55,000
22/03/25 £53,000
28/03/25 £51,000
05/04/25 £55,000
11/04/25 £53,000
17/04/25 £51,000
Price Change -15.00%

Description

This studio flat in Preston offers a fantastic investment opportunity for those looking to expand their portfolio. The property features a well-kept lounge/bedroom, three-piece bathroom, kitchen, and driveway, and is currently producing an annual gross income of £5,400. However, with some minor adjustments, the new owner could increase the rent to a market rate of £7,500, making it a worthwhile addition to their portfolio. The current tenants have been consistently paying rent and have no intention of moving out, making it a smooth transition for the new owner. With a Let Property Pack available for further information, this is a great opportunity for investors to capitalize on the property's potential.