Sumner House, 29 St Thomas Road, Preston, PR7 1HP
Size: sqm
Purchase price
£92,500
Size: sqm
Tenanted
Gross rent | £7,800 |
Ground rent | £350 |
Service charge | £780 |
Lettings fees | £975 |
Net income | £5,695 |
Gross yield | 8.86% |
Net yield | 6.47% |
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.
EXCELLENT BUY TO LET PROPERTY 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.
Interested in this property? Enquire today for more information
Key features
Earn instant income
One bedroom apartment
Allocated parking
Fourth floor
Fully fitted kitchen
State of the art smart heating system
Key less fob access to the apartment
Excellent location
Great transport links
Shops, bars and amenities nearby
EXCELLENT BUY TO LET PROPERTY 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... Less 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.
*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.
Gross rent | £7,800 |
Ground rent | £350 |
Service charge | £780 |
Lettings fees | £975 |
Net income | £5,695 |
Gross yield | 8.86% |
Net yield | 6.47% |
*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.
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yieldit is a company registered in England and Wales. Registered number: 5236745.