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4 bedroom terraced house for sale
Lovat Road, Preston, PR1
£142,961
Lovat Road, Preston, PR1
£142,961
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 |
Price Change | -7.76% |
Description
This four-bedroom, mid-terraced property is an excellent investment opportunity for students or cash buyers, offering a 12% rental yield. The property has been a successful student HMO since 2008, generating approximately £19,000 per year. Located close to UCLan, the property is within walking distance of amenities such as the university, shops, parks, restaurants, and bars, as well as good transport options. The property briefly comprises an entrance hallway, living room, kitchen, three double bedrooms, and a three-piece bathroom suite. The rear garden is paved for easy maintenance, and there is street parking available. A light refurbishment could increase the rental price further, making this property an attractive investment opportunity. Viewings are advised, and can be booked 24/7 through Purplebricks' website.