1 bedroom apartment

Sumner House, 29 St Thomas Road, Preston, PR7 1HP

Size: sqm

Purchase price

£99,950

Size: sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £6,600
Ground rent £350
Service charge £780
Lettings fees £528
Net income £4,942
Gross yield 6.6%
Net yield 4.94%

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - NOT SUITABLE FOR OWNER OCCUPIERS! This wonderful one bedroom apartment is situated on the fourth floor in the heart of Chorley town centre, enquire today to avoid disappointment.


This excellent one bedroom apartment comprises of; entrance hallway leading to a spacious lounge with double glazed window to the side; a fully fitted kitchen with all appliances included and breakfast bar; double bedroom with double glazed window to the rear; three piece family bathroom with shower over bath. The apartment is situated on the fourth floor, and comes with allocated parking. It also has a state of the art smart heating system, as well as key-less electronic fob access from your apartment door.

Sumner House is an ideal investment for any landlord. The apartment has a central location in Chorley which is just a 5 minute walk to the train station, making it easier for those who commute to cities such as Manchester, Liverpool and London. Sumner House has a variety of bars, shops and restaurants right on its doorstep, making it attractive to young working professionals. This block also has the benefit of HG Smart Technology which allows you to keep a closer eye on energy prices and usage to allow better returns and lower outgoings.

This property is also a short distance from Preston which is the third largest city in the North West, and the largest in its county of Lancashire. It is only a 40 minute train journey from Manchester and a 50 minute train journey from Liverpool, whilst also having direct links to London and Glasgow. In addition, the city sits at the heart of a motorway network making it incredibly easy to access to the rest of the UK. With this in mind, and the fact that many university students decide to stay in the city after their graduation, the population of Preston is expected to grow exponentially in the coming years. In turn, house prices are predicted to continue to rise, following the growth of almost 20% in the last five years according to Zoopla figures.

Interested in this property? Enquire today for more information

Key features

Key features

Earn instant income

Key features

One bedroom apartment

Key features

Allocated parking

Key features

Fourth floor

Key features

Fully fitted kitchen

Key features

State of the art smart heating system

Key features

Key less fob access to the apartment

Key features

Excellent location

Key features

Great transport links

Key features

Shops, bars and amenities nearby

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - NOT SUITABLE FOR OWNER OCCUPIERS! This wonderful one bedroom apartment is situated on the fourth floor in the heart of Chorley town centre, enquire today to avoid disappointment. More info...

This excellent one bedroom apartment comprises of; entrance hallway leading to a spacious lounge with double glazed window to the side; a fully fitted kitchen with all appliances included and breakfast bar; double bedroom with double glazed window to the rear; three piece family bathroom with shower over bath. The apartment is situated on the fourth floor, and comes with allocated parking. It also has a state of the art smart heating system, as well as key-less electronic fob access from your apartment door.

Sumner House is an ideal investment for any landlord. The apartment has a central location in Chorley which is just a 5 minute walk to the train station, making it easier for those who commute to cities such as Manchester, Liverpool and London. Sumner House has a variety of bars, shops and restaurants right on its doorstep, making it attractive to young working professionals. This block also has the benefit of HG Smart Technology which allows you to keep a closer eye on energy prices and usage to allow better returns and lower outgoings.

This property is also a short distance from Preston which is the third largest city in the North West, and the largest in its county of Lancashire. It is only a 40 minute train journey from Manchester and a 50 minute train journey from Liverpool, whilst also having direct links to London and Glasgow. In addition, the city sits at the heart of a motorway network making it incredibly easy to access to the rest of the UK. With this in mind, and the fact that many university students decide to stay in the city after their graduation, the population of Preston is expected to grow exponentially in the coming years. In turn, house prices are predicted to continue to rise, following the growth of almost 20% in the last five years according to Zoopla figures.

  • Key features
    Tick Desktop Earn instant income
    Tick Desktop One bedroom apartment
    Tick Desktop Allocated parking
    Tick Desktop Fourth floor
    Tick Desktop Fully fitted kitchen
    Tick Desktop State of the art smart heating system
    Tick Desktop Key less fob access to the apartment
    Tick Desktop Excellent location
    Tick Desktop Great transport links
    Tick Desktop Shops, bars and amenities nearby
  • LocationLocation
  • EPCEPC

*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 £6,600
Ground rent £350
Service charge £780
Lettings fees £528
Net income £4,942
Gross yield 6.6%
Net yield 4.94%

*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.