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4 bedroom terraced house for sale
Lovat Road, Preston, PR1
£140,000
Lovat Road, Preston, PR1
£140,000
Price History
Initial price | £154,995 |
20/03/25 | £151,895 |
24/05/25 | £148,857 |
21/06/25 | £145,879 |
28/07/25 | £142,961 |
23/08/25 | £140,000 |
Price Change | -9.67% |
Description
This four-bedroom, mid-terraced property is a student HMO that has been generating around £19,000 per year, equivalent to a 12% rental yield, since 2008. Located close to UCLan, the property is within walking distance of various amenities, including the university, shops, parks, restaurants, and bars, as well as good transport options. The property has a spacious living room that leads into a fitted kitchen area, three double bedrooms on the first floor, and a three-piece bathroom suite. The rear garden is paved for easy maintenance, and street parking is available out front. With a light refurbishment, the rental price could be increased further, making this property an attractive investment opportunity for investors and cash buyers.