An exceptional investment opportunity awaits at Centenary Mill Court, located on New Hall Lane, Preston (PR1 5JQ). This well-presented 2-bedroom apartment in a sought-after, secure development is ideal for investors looking for immediate income and a strong yield.
Property Features: Two well-sized bedrooms, providing comfortable modern living space. Bright, open-plan living and kitchen area, perfect for professional tenants. Electric heating throughout for efficient energy use. Allocated parking space within a secure gated community. Leasehold property — more details available on request. Floor plans to follow by 2nd May 2025.
Investment Highlights: Tenants in situ — 12 months remaining on the tenancy contract. Rental income currently at £750 PCM, offering a gross rental yield of over 10% before any deductible fees. Low purchase price: Offers in the Region of £67,500.
Prime Location Benefits: Ideally positioned close to Preston city centre, the apartment offers easy access to a wide range of amenities including supermarkets, retail parks, restaurants, and cafes. Excellent public transport links nearby ensure convenient commuting into the city or further afield, with Preston train station just a short drive away.
What We Love: Attractive Gross Yield Over 10% – Strong rental return for investors. Tenants in Situ – Immediate income stream without downtime. Secure Gated Community – Peace of mind for owner and tenants alike. Superb City Location – Close to amenities, transport, and leisure facilities.
What You Need to Know: Leasehold details available upon request. EPC Rating: B | Council Tax Band: B. Viewings available exclusively through Scarlet Oaks Estates & Lettings.
An ideal addition to any investors portfolio — this opportunity won-t last long. Book your exclusive viewing today!
Disclaimer: Whilst these particulars are believed to be accurate, they are intended as a general guide and do not form part of any offer or contract. Measurements, descriptions, and other details are provided in good faith, but prospective buyers should verify all information independently. We accept no responsibility for any errors, omissions, or misstatements in these particulars.
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.
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Scarlet Oaks Estates & Lettings - Preston. 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 Scarlet Oaks Estates & Lettings - Preston for full details and further information.