3 Bed Terraced House For Sale Elliott Street, Preston, PR1
£160,000- Terraced
1 of 15
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Last Updated: 19th March 2024
Description
ATTENTION INVESTORS!!! A RARE OPPORTUNITY TO TAKE OVER A SIGNIFICANTLY HIGH YIELD INVESTMENT PROPERTY. This quality three bedroom terraced house in an incredibly popular rental area and is a great opportunity to capitalise on a high income producing property at a good price. With the a current gross annual rental income of £21,240 and in excellent condition attracting quality tenants.
On the ground floor there is an entrance hallway with a modern bedroom and bathroom leading off it which leads through to a spacious communal lounge at the rear which is a lovely sitting area. Leading off the lounge there is a kitchen which has modern with built-in appliances.
On the first floor there are two bedrooms. Both bedrooms are of a large size and have high quality en-suite bathrooms.
Externally, at the rear there is a good size yard providing an outdoor sitting area for all its residents.
The property is located in an incredibly popular rental area as there are excellent transport links including bus routes, shops and amenities on the doorstep.
Potential rental income:
£590 per room per calendar month / £7080 annually per room.
Current gross rental income annually - £21,240 with a 12% Yield
Bills capped at £2000 per year.
This is a freehold property.
EPC rating - D
Council tax band - A
Please contact Kingswood on the details below if you want to capitalise on this great investment opportunity.
Fulwood Office:
77 Watling Street Road, Fulwood, Preston, PR2 8EA
Disclaimer:
These particulars, whilst believed to be correct, do not form any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. All measurements quoted are approximate. Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
On the ground floor there is an entrance hallway with a modern bedroom and bathroom leading off it which leads through to a spacious communal lounge at the rear which is a lovely sitting area. Leading off the lounge there is a kitchen which has modern with built-in appliances.
On the first floor there are two bedrooms. Both bedrooms are of a large size and have high quality en-suite bathrooms.
Externally, at the rear there is a good size yard providing an outdoor sitting area for all its residents.
The property is located in an incredibly popular rental area as there are excellent transport links including bus routes, shops and amenities on the doorstep.
Potential rental income:
£590 per room per calendar month / £7080 annually per room.
Current gross rental income annually - £21,240 with a 12% Yield
Bills capped at £2000 per year.
This is a freehold property.
EPC rating - D
Council tax band - A
Please contact Kingswood on the details below if you want to capitalise on this great investment opportunity.
Fulwood Office:
77 Watling Street Road, Fulwood, Preston, PR2 8EA
Disclaimer:
These particulars, whilst believed to be correct, do not form any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. All measurements quoted are approximate. Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
Agent Details
Kingswood
77, Watling Street Road, Preston, PR2 8EA
Show Contact Number
01772 717 181
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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.