The Paddock, Preston PR2 Studio for sale

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The Paddock, Preston PR2 Studio for sale

The Paddock, Preston PR2
£57,000

Price History

Initial price £60,000
23/12/25 £57,000
Price Change -5.00%

Description

This ground floor studio apartment in Fulwood is a great investment opportunity, having recently been renovated to a high standard and ready for a tenant to move in. The property boasts a light and spacious lounge/bedroom, modern kitchen with built-in appliances, and a renovated bathroom. Located in a popular area with high rental demand, it's close to transport links, shops, and amenities, including Royal Preston Hospital. The property is leasehold with a 990-year lease commencing in 2025, and the annual service charge and ground rent are £1625 and £10, respectively. With an EPC rating of D and council tax band A, this property is expected to generate a strong income. As it's a great buy-to-let investment, it's essential to arrange a viewing quickly to avoid missing out on this opportunity.