2 bed end terrace house for sale

Raikes Road, Preston, Lancashire PR1

High-Yield Investment | 8.7% Gross Return | £9,600 pa Income

Searching for a high-performing asset to add to your portfolio? Raikes Road offers an incredible 8.7% gross yield, far outperforming the local market average. With a tenant already in place and paying £800 per calendar month (£9,600 per year), there is no "void period" risk-you begin earning from day one of completion.

This two-bedroom end-terraced home is well-maintained and designed for modern rental demand. The ground floor features a comfortable front lounge and a spacious, full-width kitchen to the rear.

The first floor comprises two well-proportioned double bedrooms and a clean, three-piece family bathroom. A private, wall-enclosed yard to the rear with large outbuilding, perfect for tenants looking for low-maintenance outdoor space.

Raikes Road is situated in the heart of the PR1 postcode. This area remains one of Preston’s strongest rental hubs due to its proximity to the University of Central Lancashire (UCLan), the Royal Preston Hospital, and the major shopping districts of the city centre. Excellent transport links via the M6 and Preston Railway Station make this a highly convenient spot for commuters.

Vestibule

UPVC door to the front and tiled flooring.

Lounge (4.5m x 3.75m)

Double glazed window to the front and side, laminate flooring and meter cupboard.

Kitchen (3.62m x 2.87m)

Double glazed window and uPVC door to the rear, range of wall and base units with complementary work surfaces, stainless steel sink and drainer, gas cooker point, extractor, boiler, space for washer, radiator and under stairs storage.

Landing

Staircase leads from the kitchen to the first floor landing and loft access.

Bedroom One (4.48m x 3.73m)

Double glazed window to the front, radiator and laminate flooring.

Bedroom Two (2.88m x 2.52m)

Double glazed window to the rear and radiator.

Shower Room (1.85m x 1.27m)

Double glazed window to the rear, shower cubicle, wash basin, low flush wc, tiled walls and flooring.

Rear

Wall enclosed rear yard, outside light and tap, gated access to the side.

Outbuilding (4.62m x 1.79m)

UPVC french doors to the front.

Council Tax Band & Tenure

We have been advised by the seller that the Council Tax Band is Band A and the Tenure is Freehold.