Studio apartment for sale

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Studio apartment for sale

Longley Close, Fulwood, Preston
£57,000

Price History

Initial price £60,000
20/11/25 £57,000
Price Change -5.00%

Description

This studio apartment is a prime buy-to-let investment opportunity, located in a walkable distance to Royal Preston hospital and with easy access to the motorway, local amenities, shops, and public transport links. The property currently generates a strong rental income of £500 per calendar month, yielding over 10% return, making it an attractive investment option. The property is leasehold with 78 years remaining on the term, and the annual ground rent is £150, while the annual fee for landlord services is £33 and ground maintenance is £7.20 per month. The property is situated in Council Tax Band A, making it a valuable investment opportunity for those looking to generate passive income.