1 bedroom flat for sale

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1 bedroom flat for sale

Garstang Road, Preston PR1
£50,000

Price History

Initial price £70,000
22/08/24 £67,000
29/08/24 £65,000
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
12/11/24 £61,000
28/11/24 £65,000
03/12/24 £63,000
11/12/24 £60,000
18/12/24 £58,000
31/12/24 £56,000
08/01/25 £54,000
14/01/25 £60,000
29/01/25 £58,000
26/02/25 £56,000
11/03/25 £54,000
18/03/25 £60,000
25/03/25 £58,000
02/04/25 £56,000
08/04/25 £54,000
15/04/25 £50,000
Price Change -28.57%

Description

This studio flat in Preston is a fantastic investment opportunity for those looking to expand their portfolio. The property features one bedroom, a modern kitchen and bathroom, and is located in a well-maintained building with a range of amenities including a communal kitchen and dining space, roof deck, lounge, gym, and utility room. The property is currently producing an annual gross income of £7,440 with long-term tenants already in situ, making it a worthwhile addition to any 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 for their duration of stay. The property is being sold with the tenant in situ and Let Property Sales is committed to facilitating a smooth transaction process.