£70,000
2 bed flat for saleSt. Marys Close, Preston, Lancashire PR1
2 beds
1 bath
1 reception
~527 sq. ft
EPC Rating: C
About this property
Two bedroom ground floor apartment
Within a quiet cul-de-sac location close to town centre
Hall, lounge, breakfast kitchen
Two bedrooms and bathroom
Enclosed garden to the rear
No chain delay and viewing highly recommended
Investor / developer opportunity
Ground Floor Flat | 2 Bedrooms | High Yield Potential | Private Garden
A prime "add-value" opportunity located in a high-demand rental pocket of Preston. This two-bedroom ground-floor apartment is one of only four units in a low-density, purpose-built block. Offered with vacant possession and no onward chain, it represents a straightforward flip or "Buy, Refurbish, Refinance" (brr) prospect.
The property is ripe for a full internal strip-out and modernisation, allowing an incoming investor to set their own specification to maximise both capital appreciation and rental ceiling.
This property is priced to reflect the work required and is expected to generate significant interest from the local investment community. Internal inspection is essential to quantify the works required.
Hallway
Wood panelled door to the front.
Lounge (4.46m x 3.75m)
Double glazed window to the front, radiator and storage cupboard.
Kitchen (2.94m x 2.35m)
Double glazed window to the front, range of wall and base units with complementary work surfaces, sink and drainer, gas cooker point, space for washer, tiled flooring.
Bedroom One (3.54m x 2.83m)
Double glazed window to the rear and radiator.
Bedroom Two (3.27m x 1.95m)
Double glazed window to the rear and radiator.
Bathroom (2.34m x 1.72m)
Double glazed window to the side, bath with shower over, wash basin, low flush wc, part tiled walls, tiled flooring and radiator.
Externally
Fence enclosed garden to the rear with patio area and lawn.
Council Tax Band & Tenure
We have been advised by the seller that the Council Tax Band is Band A and the Tenure is Leasehold.
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More information
Tenure
Leasehold (Ask agent)
Service charge
Council tax band
A
Ground rent
£15
Ground rent date of next review
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