5 bed flat

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5 bed flat

James Street, Preston PR1
£270,000

Price History

Initial price £280,000
11/11/25 £270,000
Price Change -3.57%

Description

This is an excellent investment opportunity to acquire a fully tenanted block of three self-contained apartments in Preston, generating £2000 per month with an 8.5% yield. The property consists of two spacious two-bedroom apartments and one well-presented one-bedroom studio apartment, all currently let and producing immediate rental income. The apartments are located close to Preston city centre, the University of Central Lancashire, and local amenities, making it a highly sought-after location for both professionals and students. Each apartment is finished to a modern standard with fitted kitchens and contemporary bathrooms, making it a low-maintenance, income-producing asset that would be a valuable addition to any landlord's portfolio.