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Offers over
£50,000

1 bedroom flat for sale

Garstang Road, Preston PR1
Reduced
Flat
1 bed
1 bath
Reduced < 14 days

Key information

TenureLeasehold | 999 yrs left
Ground rent£275 per annum | review period: unconfirmed
Council taxAsk agent

Features and description

  • Tenure: Leasehold (999 years remaining)
  • Buy-to-Let Opportunity
  • Likely to attract enquiries from Serious Investors & Developers
  • Modern Kitchen and Bathroom
  • Pristine Condition
  • Access to Building Amenities
  • Perfect Location for Students
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

This is a studio flat in Preston. With valuable amenities in close proximity, rewarding rental returns and a tenant currently situated, this is a fantastic opportunity for investors looking to expand their portfolio!

The well-kept home features 1 bedroom, desk space, modern kitchen and bathroom. The building has amenities like communal kitchen and dining space, roof deck, lounge, gym and utility room.

Investment Details

It currently produces an annual gross income of £7,440 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested, please call us.

Tenancy Details

The property is within purpose-built student accommodation (PSBA) block and it can only be let out to students. The current tenant has consistently paid rent for the duration of their stay. The unit is currently managed by student living and must be sold with the tenant in situ.

Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.


Property information from this agent

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About this agent

Let Property - Glasgow
Let Property - Glasgow
Flat 2, 10 Victoria Circus Glasgow G12 9JY
0141 376 3809
Full profileProperty listings
Let Property was founded in 2021 as an innovative new solution to facilitate property sales between Landlords. It has grown to become the UK’s leading
investment sales agency and now offers a full service to investors allowing them to access Management, Legal and Finance service through a single point of
contact service. Let Property has grown to provide the best possible solution to a long standing issue where landlords have always struggled or been unable
to sell a property with a sitting tenant. Let Property provides you with access to a powerful network of both buyers and sellers based on whethe... Show more
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