Initial price	£115,000
11/01/25	£105,000
Price Change	-8.70%

This stunning two-bedroom apartment is located in the heart of Preston City Centre, within walking distance to UCLAN and surrounded by local amenities and transport facilities. The property is part of the popular Leicester Court complex, known for its rental investment potential due to its location and size of apartments. The apartment features a large open-plan lounge/kitchen, two double bedrooms, a three-piece bathroom, and a balcony. The property is unfurnished and benefits from double-glazed windows, electric heating, and has a car park space available. The current rental income is £850pcm, but with strong demand in the area, it's estimated to achieve a minimum of £900pcm, providing a yield of over 8% for investors. The property is currently rented on an AST contract with a tenant in situ, and the monthly managed rental income is approximately £10,200 per annum.