Elliott Street, Preston PR1 3 bed terraced house for sale

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Elliott Street, Preston PR1 3 bed terraced house for sale

Elliott Street, Preston, PR1
£155,000

Price History

Initial price £170,000
05/12/23 £160,000
19/02/25 £155,000
Price Change -8.82%

Description

This three-bedroom terraced house in a highly sought-after rental area offers a rare investment opportunity. The property is in excellent condition, attracting quality tenants and generating a significant gross annual rental income of £21,240, equivalent to a 12% yield. The property features a modern kitchen, spacious lounge, and three large bedrooms, each with an en-suite bathroom. The exterior offers a good-sized yard, perfect for outdoor relaxation. With excellent transport links, shops, and amenities nearby, this freehold property presents a lucrative investment opportunity, with potential rental income of £590 per room per month or £7,080 annually per room. With bills capped at £2,000 per year, this is an attractive option for investors looking to capitalize on a high-yielding property.