1 bedroom flat for sale

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1 bedroom flat for sale

Northlands, Leyland PR26
£57,000

Price History

Initial price £70,000
13/02/25 £57,000
Price Change -18.57%

Description

This studio flat in Lancashire offers a fantastic investment opportunity for those looking to expand their portfolio. The property features a living room/bedroom, three-piece bathroom, kitchen, dressing room, rear garden space, and parking space, and is currently producing an annual gross income of £5,400. With tenants already in situ and consistently paying their rent, the new owner could increase the rental income to a market rate of £7,200, making it a worthwhile addition to an investor's portfolio. The property is well-kept and has valuable amenities nearby, making it an attractive option for those looking to invest in the area.