Offers over
£155,000
(£164/sq. ft)
4 bed terraced house for saleMarsh Lane, Preston PR1
4 beds
2 baths
1 reception
947 sq. ft
EPC Rating: D
Added on
About this property
Excellent Investment Opportunity
Terraced House
4 Bedrooms
Communal Lounge
Communal Kitchen
Excellent Location
Description
An excellent opportunity has arisen to purchase this four-bedroom terraced property, ideally positioned within walking distance of the University of Lancashire, Preston city centre and Preston train station.
With three student tenants already in situ, this property presents an attractive opportunity for buy-to-let investors looking to add to their property portfolio, with an established rental income of £1430 per calendar month already in place.
Internally, the property offers an impressive sense of space throughout, with bright, generously proportioned rooms creating a light and welcoming atmosphere.
The ground floor features a spacious communal lounge, providing the perfect setting for relaxing and socialising, alongside a generously sized kitchen with plenty of room for everyday living. There is also a well-proportioned bedroom and a convenient downstairs shower room with WC. All rooms on this floor benefit from excellent proportions and an abundance of natural light.
The sense of space continues onto the first floor, where there are three further bedrooms and a bathroom leading off the landing. Two of the bedrooms are comfortable doubles, while the third, currently used for storage, is a versatile single bedroom that could equally serve as a home office or study.
Externally, the property benefits from a rear yard, providing outdoor space to relax and enjoy.
The property's location is a key selling point, offering students easy access to the university campus, local shops, supermarkets, restaurants, bars and a wide range of city centre amenities. Preston train station is also within walking distance, providing excellent transport links to surrounding towns and major cities.
With tenants already in place and an established rental income, this property presents an attractive investment opportunity for landlords looking to expand their portfolio. Its desirable location and continued appeal to the student rental market make it a compelling prospect for investors seeking a well-positioned, income-generating property.
Early viewing is highly recommended to appreciate the location and investment potential on offer.
Council Tax Band: A (Preston City Council)
Tenure: Freehold
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