3 bed terraced house for sale

Elliott Street, Preston PR1

Attention investors! A rare opportunity to take over A significantly high yield investment property. This quality three bedroom terraced house in an incredibly popular rental area and is a great opportunity to capitalise on a high income producing property at a good price. With the a current gross annual rental income of £21,240 and in excellent condition attracting quality tenants.

On the ground floor there is an entrance hallway with a modern bedroom and bathroom leading off it which leads through to a spacious communal lounge at the rear which is a lovely sitting area. Leading off the lounge there is a kitchen which has modern with built-in appliances.

On the first floor there are two bedrooms. Both bedrooms are of a large size and have high quality en-suite bathrooms.

Externally, at the rear there is a good size yard providing an outdoor sitting area for all its residents.

The property is located in an incredibly popular rental area as there are excellent transport links including bus routes, shops and amenities on the doorstep.

Potential rental income:

£590 per room per calendar month / £7080 annually per room.

Current gross rental income annually - £21,240 with a 12% Yield

Bills capped at £2000 per year.

This is a freehold property.

EPC rating - D

Council tax band - A

Please contact Kingswood on the details below if you want to capitalise on this great investment opportunity.

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.

Ground Floor

Entrance Hallway

Entrance door, ceiling spotlights, radiator, opening leading through to the communal lounge, door leading to the bedroom and a door leading to the bathroom.

Lounge (4.32m x 2.23m)

Ceiling spotlights, double glazed window, radiator, TV point, stairs leading to the first floor and a door leading to the kitchen.

Kitchen (2.56m x 2.27m)

Ceiling light point, entrance door leading to the rear yard, double glazed window, wall and base units with contrasting work surfaces, gas hob, extractor, oven, built-in fridge / freezer, built-in washing machine and a sink and drainer.

Bedroom 3 (3.95m x 2.35m)

Ceiling light point, double glazed window, TV point and a radiator.

Bathroom (2.51m x 0.83m)

Ceiling light point, walk-in shower, low level WC, hand wash basin and a heated towel rail.

First Floor

Bedroom 1 (3.09m x 2.91m)

Ceiling light point, double glazed window, TV point, radiator and a door leading to the en-suite bathroom.

Bathroom (2.56m x 1.21m)

Ceiling light point, double glazed window, walk-in shower, low level WC, hand wash basin and a heated towel rail.

Bedroom 2 (3.18m x 2.41m)

Ceiling light point, double glazed window, TV point, radiator and a door leading to the en-suite bathroom.

Bathroom (2.69m x 1.73m)

Ceiling light point, double glazed window, walk-in shower, low level WC, hand wash basin and a heated towel rail.

Landing (2.92m x 0.74m)

Ceiling light point and stairs leading down to the ground floor.

External

To the rear there is a yard and to the front there is on street parking.

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.