2 bedroom apartment

Cannon Street, Preston, PR1 3NR

Size: 88 sqm

Purchase price

£190,000

Size: 88 sqm

SQM
Finance breakdown
Financial performance*
Gross rent £10,740
Ground rent £250
Service charge £720
Lettings fees £859
Net income £8,911
Gross yield 5.65%
Net yield 4.69%

Large, city centre two bed apartment in the heart of Preston with private balcony. Enquire today for more information!


There is only one two-bedroom apartment available at Cannon Street and interest is already high. Large at almost 950 sqft, this is exactly the sort of high quality, city centre accommodation which is in short supply in Preston. Proximity to the train station and all the local shops, bars and restaurants makes this perfect for young professional tenants.

Preston is the next big rental market in the North West. Hundreds of millions of pounds of investment is underway into the transport infrastructure which aims to create more than 17,000 jobs. A growing economy brings with it a growing population, and that means that high quality rental accommodation will become increasingly scarce, especially larger flats like this two-bedroom unit with a private balcony at Cannon Street.

With more than 50 years’ experience in the local area, The Heaton Group is a developer you can trust with your investment. The apartment is let and managed by a professional agent and there has been high tenant interest already.

Availability is extremely limited so please make sure to enquire today for more information about investing in Preston!

Interested in this property? Enquire today for more information

Key features

Key features

Completed, refurbished apartment

Key features

Private roof terrace

Key features

City centre location

Key features

Close to train station and amenities

Key features

High tenant interest

Key features

High-gloss finish

Key features

Developer with a proven track record

Key features

40 minutes from Manchester by direct train

Large, city centre two bed apartment in the heart of Preston with private balcony. Enquire today for more information! More info...

There is only one two-bedroom apartment available at Cannon Street and interest is already high. Large at almost 950 sqft, this is exactly the sort of high quality, city centre accommodation which is in short supply in Preston. Proximity to the train station and all the local shops, bars and restaurants makes this perfect for young professional tenants.

Preston is the next big rental market in the North West. Hundreds of millions of pounds of investment is underway into the transport infrastructure which aims to create more than 17,000 jobs. A growing economy brings with it a growing population, and that means that high quality rental accommodation will become increasingly scarce, especially larger flats like this two-bedroom unit with a private balcony at Cannon Street.

With more than 50 years’ experience in the local area, The Heaton Group is a developer you can trust with your investment. The apartment is let and managed by a professional agent and there has been high tenant interest already.

Availability is extremely limited so please make sure to enquire today for more information about investing in Preston!

  • Key features
    Tick Desktop Completed, refurbished apartment
    Tick Desktop Private roof terrace
    Tick Desktop City centre location
    Tick Desktop Close to train station and amenities
    Tick Desktop High tenant interest
    Tick Desktop High-gloss finish
    Tick Desktop Developer with a proven track record
    Tick Desktop 40 minutes from Manchester by direct train
  • LocationLocation

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £10,740
Ground rent £250
Service charge £720
Lettings fees £859
Net income £8,911
Gross yield 5.65%
Net yield 4.69%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.