ATTENTION INVESTORS!!! This apartment in the heart of Preston City Centre is a brilliant buy to let investment. There is currently a tenant in situ paying £725 per calendar month. The location is superb as there are plenty of shops, bars, cafes and restaurants on the doorstep and Preston railway station is a short walk away.
Internally there is an entrance hallway, lounge / kitchen, bedroom and a bathroom. The lounge / kitchen is spacious and has plenty of natural light flooding in making it light and welcoming. The bedroom is a very good size and the bathroom is larger than average.
Being in the heart of Preston City Centre means that there are shops, bars, cafes and restaurants on the doorstep of this lovely apartment. Preston railway station and UCLan are a short walk away.
There is a tenant in situ and we have been informed that they are currently paying £675 per calendar month producing a yield of 11.5%
This is a leasehold property.
Length of lease - 150 years commencing in 2018
Ground rent - £418 per annum
Service charge - £1300 per annum
Council tax band - A
EPC rating - B
Please contact Kingswood.
Fulwood Office:
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77 Watling Street Road, Fulwood, Preston, PR2 8EA
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Disclaimer:
These particulars, whilst believed to be correct, do not form any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. All measurements quoted are approximate. Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Kingswood Sales & Lettings - Head Office. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Kingswood Sales & Lettings - Head Office for full details and further information.