£98,000
Est. Mortgage £447 per month*

2 bedroom flat for sale

Craggs Row, Preston PR1
flat flat
bedrooms 2 bedrooms

Property description

*Price Reduction*
A stunning two double bedroom apartment within the Leicester Court complex.

The property is situated in the heart of Preston City Centre, close to local amenities and transport facilities, but more importantly walking distance to UCLAN which is literally a stones throw away.

A Popular purpose built accommodation known for the rental investment market due to its location and size of apartments.

The property which has the benefit of economic electric heating and comprises a large open plan lounge/kitchen, master bedroom, a double size second bedroom, three piece bathroom and balcony.

The property is un furnished and also comes double glazed windows and heating.

INVESTOR INFORMATION

The current rental income is £850pcm. However, with the currently strong rental demand in Preston's city centre, it would be achievable to obtain an minimum of £900pcm.

For an investor it provides a yield of approx. above 8%

The property is currently rented on an AST contract with tenant in situ.

Monthly Managed By Kingswood

rental income approx. £10200 per annum

Service charge 2022:approx £1200 per annum TBC

Ground rent 2022:approx £160 per annum TBC

Car park space: one available we have been informed

Lease remaining 111 TBC

EPC band: B

Council Tax Band: A

Hallway
Hallway benefits from attractive laminate flooring, painted walls and central ceiling lights.

Open Plan Lounge and Kitchen
Spacious open plan living and kitchen area with painted walls, central ceiling lights, laminate flooring, double glazed upvc door leading out to the balcony and electric wall heaters.
Kitchen area has vinyl flooring, wall and base units, laminate work top, upstands, under unit lighting, breakfast style worktop, built in appliance fridge freezer, hob, oven, washing machine, extractor fan, stainless steel sink, spot lighting and radiator.

Bedroom One
central ceiling light, painted walls, double glazed window with blinds, carpets and radiator.

Bedroom Two
central ceiling light, painted walls, double glazed window with blinds, carpets and radiator.

Bathroom
The modern three piece bathroom suite includes WC, sink and bath with shower over. The room has part-tiled elevations with a vinyl floor, and also contains a heated chrome towel rail to the side wall.

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Preston City Centre Office:[use Contact Agent Button], 11 Lune Street, Preston, PR1 2NL
Fulwood Office:[use Contact Agent Button], 77 Watling Street Road, Fulwood, Preston, PR2 8EA [use Contact Agent Button]

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

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First listed

Over a month ago

Energy Performance Certificate

Craggs Row, Preston PR1

Marketed by

Kingswood Sales & Lettings - Head Office 77 Watling Street Road Fulwood, Preston PR2 8EA
Call agent on 01772 298820
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£447
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Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are 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.

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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.