1 bedroom apartment

Station terrace, Preston, Lancashire, PR1 8QT

Size: 23 sqm

Purchase price

£90,995

Size: 23 sqm

Finance breakdown
Financial performance*
Gross rent £6,600
Ground rent £250
Service charge £720
Lettings fees £634
Net income £4,996
Gross yield 7.25%
Net yield 5.49%

EXCELLENT INVESTMENT OPPORTUNITY OR IDEAL FOR OWNER OCCUPIERS! This excellent one bedroom apartment is located in the heart of Preston town centre, enquire today to avoid disappointment.


EXCELLENT INVESTMENT OPPORTUNITY OR IDEAL FOR OWNER OCCUPIERS! This excellent one bedroom apartment is located in the heart of Preston town centre, enquire today to avoid disappointment.

This wonderful one bedroom apartment comprises of; entrance hallway leading to a spacious lounge with double glazed window to the side; fully fitted kitchen with all appliances included; double bedroom with double glazed window; three piece family shower room. The apartment is located on the first floor, and has on street parking.

Station terrace is in an ideal location with Preston growing at an impressive rate - a number of major investments are underway to improve the area and as a result, the city is on the verge of an economic boom. In particular, the Guild Hall, has received a £10m investment over the past three years, and the Preston Markets have had a £3m revamp, as well as a high street make over.

With the area already named the best city to live and work in the North West in the Good Growth for Cities Index by Demos-PwC it is no surprise why the demand for investment property in this area has increased.

There’s no denying that this bustling, vibrant city is up there with other major players, making it a property hotspot for investors to increase their portfolio of rental properties. This is not an opportunity to be missed.

Interested in this property? Enquire today for more information

Key features

Key features

Excellent investment opportunity

Key features

Ideal for owner occupiers

Key features

First floor

Key features

One bedroom apartment

Key features

Excellent location

Key features

Great transport links

Key features

Shops, bars and amenities nearby

Key features

Preston town centre

Key features

Video walkthrough available on request

EXCELLENT INVESTMENT OPPORTUNITY OR IDEAL FOR OWNER OCCUPIERS! This excellent one bedroom apartment is located in the heart of Preston town centre, enquire today to avoid disappointment. More info...

EXCELLENT INVESTMENT OPPORTUNITY OR IDEAL FOR OWNER OCCUPIERS! This excellent one bedroom apartment is located in the heart of Preston town centre, enquire today to avoid disappointment.

This wonderful one bedroom apartment comprises of; entrance hallway leading to a spacious lounge with double glazed window to the side; fully fitted kitchen with all appliances included; double bedroom with double glazed window; three piece family shower room. The apartment is located on the first floor, and has on street parking.

Station terrace is in an ideal location with Preston growing at an impressive rate - a number of major investments are underway to improve the area and as a result, the city is on the verge of an economic boom. In particular, the Guild Hall, has received a £10m investment over the past three years, and the Preston Markets have had a £3m revamp, as well as a high street make over.

With the area already named the best city to live and work in the North West in the Good Growth for Cities Index by Demos-PwC it is no surprise why the demand for investment property in this area has increased.

There’s no denying that this bustling, vibrant city is up there with other major players, making it a property hotspot for investors to increase their portfolio of rental properties. This is not an opportunity to be missed.

  • Key features
    Tick Desktop Excellent investment opportunity
    Tick Desktop Ideal for owner occupiers
    Tick Desktop First floor
    Tick Desktop One bedroom apartment
    Tick Desktop Excellent location
    Tick Desktop Great transport links
    Tick Desktop Shops, bars and amenities nearby
    Tick Desktop Preston town centre
    Tick Desktop Video walkthrough available on request
  • 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 £250
Service charge £720
Lettings fees £634
Net income £4,996
Gross yield 7.25%
Net yield 5.49%

*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.