5 bedroom terraced house for sale

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5 bedroom terraced house for sale

Brackenbury Road, PRESTON, Lancashire PR1 7UP
£255,000

Price History

Initial price £260,000
25/07/24 £255,000
Price Change -1.92%

Description

This stunning Victorian terrace property is a fantastic investment opportunity, located in the popular area of Preston near UCLAN university. With five spacious bedrooms, two modern shower rooms, and a large kitchen/diner, this property is ideal for students or a small family. The property is immaculately presented throughout, with modern fixtures and fittings included. The location is convenient for amenities such as schools, shops, university, and main bus routes and motorway connections, making it an attractive option for investors. With a potential gross return of £25,920 based on a standard 48-week student contract, the property offers a gross annual yield of over 9%. The property also benefits from a spacious cellar for storage and utility meters, and a private garden to the rear. With all fixtures and fittings included, this property is a rare opportunity for investors to secure a high-yielding investment with minimal maintenance requirements.