1 bedroom flat for sale

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1 bedroom flat for sale

Garstang Road, Preston, Lancashire, PR1
£67,000

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
Price Change -4.29%

Description

This studio flat in Preston is an attractive investment opportunity for those looking to expand their portfolio. The property features one bedroom, a modern kitchen, and bathroom, and is situated 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 current tenant is situated and paying rent, and the property is producing an annual gross income of £4,188, which could be increased to a market rate of £7,704 with the right management. The property is part of a purpose-built student accommodation block and can only be let out to students, making it a stable and reliable investment. With a Let Property Pack available for further details, this could be a worthwhile addition to an investor's portfolio.