4 bed terraced house for sale

Wolseley Road, Preston PR1

Investment Opportunity: High-Yield 4-Bed HMO in Preston

76 Wolseley Road, Preston, PR1 8EU

Asking Price: “offers over” £150,000

Property Overview

An excellent opportunity for seasoned investors or those looking to start their portfolio with a high-performing asset. This well-maintained, mid-terrace property is currently operating as a fully let 4-bedroom House in Multiple Occupation (HMO), situated in a high-demand rental pocket of Preston.

With a consistent track record of occupancy, this turnkey investment offers immediate cash flow from day one.

Financial Performance

• Current Monthly Income: £1,800 pcm

• Annual Gross Income: £21,600

• Gross Yield: 14.4%

Key Features

• Four Spacious Bedrooms: Fully furnished and designed to maximize rental appeal.

• Prime Location: Located within walking distance to local amenities, public transport links, and major employment hubs.

• Turnkey Asset: Sold with tenants in situ, ensuring no void periods for the new owner.

• Strong Yield: At a 14.4% gross return, this property significantly outperforms the regional average.

Layout

• Ground Floor: Entrance hallway leading to a communal lounge/dining area, a modern fitted kitchen, and the first of the four double bedrooms.

• First Floor: Three further well-proportioned bedrooms and a shared family-sized bathroom.

• External: Low-maintenance yard to the rear and on-street parking to the front.

Location Highlights

Preston (PR1) remains a hotspot for rental demand due to its proximity to the University of Central Lancashire (UCLan) and the Royal Preston Hospital Wolseley Road offers easy access to the city center, making it a popular choice for both students and working professionals.

Investor Note: Properties in this area with this level of yield are rare to the market. Early viewing is highly recommended to appreciate the scale and condition of the investment.

Disclaimer

Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate.

Money Laundering Regulations

Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £82.50 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.