£420,000
8 bedroom block of apartments for sale
Preston, PR1 7EN
flat 
8 bedrooms Property description
ATTENTION INVESTORS - We have a fantastic 8 bedroom INVESTMENT OPPORTUNITY situated in a prime location with local amenities, UCLAN and Preston city centre, only a short walk away. The property is being sold with sitting tenants with the current occupancy 7/7.
Set over two storeys of spacious living accommodation (together with a large utility basement which is currently unused - but ripe for development).The property briefly comprises;Ground floor: entrance hallway leading to access to 4 double bedrooms with en-suites. Communal kitchen. Access to rear internal yard.First floor: access via rear outdoor staircase, 4 large bedrooms (some of which are suitable for splitting in two and adding en-suites for additional income), communal kitchen, living area and communal bathroom.Basement/cellar: Not currently developed.Current Income:The property currently achieves a gross rental income, at full occupancy, of an impressive £43,800 p.a.Potential Development/Growth:Turn the 1st floor bedrooms into 5x en-suite rooms, which would increase the gross income to approximately £51,300 p.a.Develop the basement/cellar.
TO DISCUSS THIS IN MORE DETAIL AND TO ARRANGE A VIEWING, PLEASE CONTACT CLARKSON HOLDEN ESTATE AGENTS (PRESTON).
EPC Rating: E
Set over two storeys of spacious living accommodation (together with a large utility basement which is currently unused - but ripe for development).The property briefly comprises;Ground floor: entrance hallway leading to access to 4 double bedrooms with en-suites. Communal kitchen. Access to rear internal yard.First floor: access via rear outdoor staircase, 4 large bedrooms (some of which are suitable for splitting in two and adding en-suites for additional income), communal kitchen, living area and communal bathroom.Basement/cellar: Not currently developed.Current Income:The property currently achieves a gross rental income, at full occupancy, of an impressive £43,800 p.a.Potential Development/Growth:Turn the 1st floor bedrooms into 5x en-suite rooms, which would increase the gross income to approximately £51,300 p.a.Develop the basement/cellar.
TO DISCUSS THIS IN MORE DETAIL AND TO ARRANGE A VIEWING, PLEASE CONTACT CLARKSON HOLDEN ESTATE AGENTS (PRESTON).
EPC Rating: E
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First listed
Over a month agoEnergy Performance Certificate
Preston, PR1 7EN
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Preston, PR1 7EN - Streetview
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