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Guide price
£420,000

8 bedroom block of apartments for sale

53-55 Plungington Road, Preston, PR1 7EN
Block of apartments
8 beds
5 baths
1,485 sq ft / 138 sq m
EPC rating: F
Added > 14 days

Key information

TenureFreehold
Council taxBand E
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Tenure: Freehold
  • 8 Bedrooms (4x En Suite)
  • Potential to Add Additional Bedroom(s) & En Suites to First Floor
  • Further Development Potential
  • Basement/Cellar Potential Development
  • Fully Tenanted
  • Close to University of Central Lancashire
  • Close to Preston City Centre

ATTENTION INVESTORS - We have a fantastic 8 bedroom INVESTMENT OPPORTUNITY situated in a prime location with local amenities, UCLAN and Preston city centre, only a short walk away. The property is being sold with sitting tenants with the current occupancy 7/7.

Set over two storeys of spacious living accommodation (together with a large utility basement which is currently unused - but ripe for development).

The property briefly comprises;

  • Ground floor: entrance hallway leading to access to 4 double bedrooms with en-suites. Communal kitchen. Access to rear internal yard.

  • First floor: access via rear outdoor staircase, 4 large bedrooms (some of which are suitable for splitting in two and adding en-suites for additional income), communal kitchen, living area and communal bathroom.

  • Basement/cellar: Not currently developed.

Current Income:

The property currently achieves a gross rental income, at full occupancy, of an impressive £43,800 p.a.

Potential Development/Growth:

  • Turn the 1st floor bedrooms into 5x en-suite rooms, which would increase the gross income to approximately £51,300 p.a.

  • Develop the basement/cellar.

    TO DISCUSS THIS IN MORE DETAIL AND TO ARRANGE A VIEWING, PLEASE CONTACT CLARKSON HOLDEN ESTATE AGENTS (PRESTON).


EPC Rating: E

About this agent

Clarkson Holden - Fulwood
Clarkson Holden - Fulwood
17-19 Beech Drive Fulwood, Preston PR2 3NB
01772 789215
Full profileProperty listings
Clarkson Holden Estate Agents are a local and independent business, employing local people in the local community. Our goal is to be recognised as an Estate Agent that brings values to the property industry. For us, that means adhering to values of honesty, support and trust, all done in a professional and approachable manner. With the introduction of the internet, email, property apps and search portals, new ways of reaching potential buyers have been created. Our recently launched interactive website enables customers to search for properties quickly and efficiently whilst vendors are assured that their property will be listed worldwide within minutes of taking an instruction. It is a fast, new world where data and information can be collated and forwarded to a mobile device in a matter of moments. Whilst not perhaps an innovator of such developments, Clarkson Holden has always been fast followers willing to embrace the best new concepts and equip our staff with the tools and training to achieve success. At Clarkson Holden we tick all these boxes priding ourselves on customer service. Providing comprehensive coverage across the North Preston area, Clarkson Holden are large enough to matter but still small enough to care about every aspect of your property move. Get in touch today and see how we can assist you in your next property journey!
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