1 bed flat for sale

16 Cross Street, Preston PR1

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: Watling Street Road, Fulwood, Preston, PR2 8EA


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.

Entrance Hallway (2.25m x 1.29m)

Entrance door, ceiling light point, storage cupboard, door leading to the lounge / kitchen, door leading to the bedroom and a door leading to the bathroom.

Lounge / Kitchen (5.64m x 3.38m)

Ceiling spotlights, double glazed window, wall and base units with contrasting work surfaces, electric hob, oven, built-in fridge / freezer, built-in washing machine, sink and drainer and a wall mounted electric heater.

Bedroom (4.05m x 3.28m)

Ceiling light point, double glazed window and a wall mounted electric heater.

Bathroom (2.63m x 2.28m)

Ceiling spotlights, bath with shower over, low level WC, hand wash basin and a heated towel rail.

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 firm's 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.