1 bed flat for sale

Markham Street, Preston PR2

** great investment opportunity**
1-Bed top floor flat with tenant in situ (£565 pcm currently, but could achieve approx. £675pcm). No service charge/ground rent. Income generation is very good- Net yield= 10% at a £75,000 purchase/12% at £70,000 (Good yields are usually 8%).

Internally this first floor apartment offers so much space. There is a great size lounge which is light and spacious, a very good size bedroom, a kitchen and a bathroom.

There are superb transport links including bus routes on the doorstep as well as shops and amenities. Preston city centre is a short commute away.

This is a leasehold property.

Leasehold details to be confirmed.

EPC rating D

Council tax band - A

There is a currently a tenant in situ paying £565 per calendar month. This could achieve approximately £675 pcm.

Whenever we bring properties of this type to the market for sale there is a huge amount of interest in them so call to arrange a viewing as soon as possible before it sells.

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.

Lounge (5.82m x 3.60m)

Ceiling light point, double glazed window and a radiator.

Kitchen (2.02m x 1.70m)

Ceiling light point and a double glazed window.

Bedroom (4.13m x 3.94m)

Ceiling light point, double glazed window and a radiator.

Bathroom (2.92m x 1.86m)

Ceiling light point, double glazed window, bath, low level WC, hand wash basin and a radiator.

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.