2 bed flat for sale

Lovat Road, Preston PR1

*** converted end terraced property consisting of 2 self contained flats *** sold with tenants in situ *** excellent opportunity for investors *** 1 x Ground Floor and 1 x First Floor Flat * Both Let on Assured Shorthold Tenancies * High-Demand Rental Area * Walking Distance to City Centre * No Chain Delay *

This converted end-terrace property consists of two self-contained flats, both included on a single freehold title. Each flat is currently let and generates £800 per calendar month, resulting in a total gross monthly rental income of £1,600.

The property has shared supplies for gas, electricity, and water. Each tenant pays a flat rate of £800 per month, which includes these utilities. There is one gas boiler serving both flats; however, each flat has its own thermostat, allowing tenants to control their heating independently.

The ground floor flat comprises a living room, kitchen with breakfast area, one bedroom, an additional room (suitable for use as a study or storage), a shower room, and a separate WC. This flat also has access to a rear yard.

The first floor flat features an open-plan kitchen and living room, two double bedrooms, and a family bathroom.

This property is being sold with tenants in situ, making it an excellent opportunity for investors seeking immediate rental income.

Ground floor flat

living room 15' 3" x 12' 9" (4.65m x 3.89m)

breakfast kitchen area 6' 0" x 12' 2" (1.83m x 3.71m)

kitchen 9' 2" x 5' 9" (2.79m x 1.75m)

bedroom 11' 9" x 8' (3.58m x 2.44m)

shower room 7' 7" x 3' 6" (2.31m x 1.07m)

WC

first floor flat

kitchen/living room 9' 4" x 24' 11" (2.84m x 7.59m)

bedroom 11' 8" x 7' 11" (3.56m x 2.41m)

bedroom 9' 6" x 12' 6" (2.9m x 3.81m)

bathroom 6' 2" x 5' 6" (1.88m x 1.68m)

outside

Whilst we believe the data within these statements to be accurate, any person(s) intending to place an offer and/or purchase the property should satisfy themselves by inspection in person or by a third party as to the validity and accuracy.

Please call to arrange a viewing on this property now. Our office hours are 9am-5pm Monday to Friday and 9am-4pm Saturday.

We must advise that under Section 21 of the Estate Agents Act 1979 our vendor meets the definition of being a 'connected person' to our agency.