£45,000
2 bed flat for saleRibble Bank Street, Preston PR1
2 beds
1 bath
1 reception
EPC Rating: C
- Leasehold
Highgate Homes - Preston
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About this property
Located on Ribble Bank in Preston
Close to many amenities
Within 12 min walk to St Georges Shopping Centre
All Transport links
Within 8 min walk to the railway station
Highgate Homes bring to the market this charming two-bedroom flat on Ribble Bank Street presents an excellent investment opportunity. The property boasts a well-proportioned reception room, perfect for relaxation or entertaining guests. With two comfortable bedrooms, it offers ample space for individuals or small families. The flat is equipped with a modern bathroom, ensuring convenience and comfort for its occupants.
This property benefits from contemporary design and amenities, making it an appealing choice for both investors and first-time buyers. Currently, the flat generates a steady income of approximately £550 per month, providing a reliable return on investment. The property is currently occupied by a sitting tenant on a six-month shorthold tenancy, allowing for a seamless transition for any prospective buyer.
Location is key, and this flat does not disappoint. It is conveniently situated just a short 12-minute stroll from St George's Shopping Centre, where a variety of shops and dining options await. For those who commute, the railway station is a mere eight-minute walk away, offering excellent transport links to surrounding areas.
In summary, this two-bedroom flat on Ribble Bank Street is a fantastic opportunity for anyone looking to invest in a property with a solid rental income and a prime location. With its modern features and proximity to local amenities, it is sure to attract interest from a range of buyers.
To book a viewing please make an enquiry through our website, zoopla or onthemarket.
Reception
Reception room which is 14.70m2 (5.39 x 3.17)
Kitchen Area (Open Plan)
Kitchen area located within the reception room
Bedroom 1
Bedroom 1 which is 7.19m2 (3.27 x 2.20)
Bedroom 2
Bedroom 2 which is 6.46m2 (3.28 x 2.25)
Bathroom
Bathroom which is adjacent to the hallway
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More information
Tenure
Leasehold (106 years)
Service charge
£2,530 per year
Council tax band
A
Ground rent
£500
Ground rent date of next review