Garstang Road, Preston PR1 1 bed flat for sale

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Garstang Road, Preston PR1 1 bed flat for sale

Garstang Road, Preston, Lancashire, PR1
£43,500

Price History

Initial price £70,000
22/08/24 £67,000
16/09/24 £63,000
21/09/24 £61,000
26/09/24 £67,000
02/10/24 £65,000
09/10/24 £63,000
16/10/24 £61,000
24/10/24 £67,000
30/10/24 £65,000
06/11/24 £63,000
13/11/24 £61,000
20/11/24 £67,000
12/03/25 £54,000
19/03/25 £60,000
25/03/25 £58,000
02/04/25 £56,000
09/04/25 £54,000
15/04/25 £50,000
18/07/25 £47,500
01/08/25 £43,500
Price Change -37.86%

Description

This studio flat in Preston is a fantastic investment opportunity for those looking to expand their portfolio. The well-maintained property features one bedroom, a modern kitchen, and bathroom, and is situated in a building with a range of amenities, including a communal kitchen and dining space, roof deck, lounge, gym, and utility room. The property currently produces an annual gross income of £7,440, with long-term tenants already in place, making it a worthwhile addition to an investor's portfolio. The property is part of a purpose-built student accommodation block and can only be let out to students, with the current tenant having consistently paid rent throughout their stay and managed by student living.