2-bedroom flat · PR1 4DP
Listing removedReduced £2k (−2.7%) on 21 JunListed 439 days
Opportunity summary
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About
Reduced to A fixed price of £75,000. This spacious apartment in a very popular area of Preston is a superb buy to let investment.
With a large lounge / kitchen and two bedrooms, it offers ample space and there is a large rental demand for this type of property making it a brilliant long term investment opportunity.
Call to arrange a viewing before it sells. This two bedroom apartment offers so much space.
There is an entrance hallway with intercom access, a really spacious lounge / kitchen with double doors and a Juliet balcony, two generous size bedrooms and a bathroom.
The communal areas are very well kept and maintained. On the doorstep of the apartment block there are superb transport links including brilliant bus routes, shops and amenities.
Preston city centre is a short walk away. This is a leasehold property.
Length of lease - 250 years commencing on 1st April 2007 Service charge - £80.42 per calendar month Ground rent - £7.19 per calendar month EPC rating - C Council tax band - A As this is such a brilliant buy to let investment we are expecting a huge amount of interest in this apartment from investors so call to arrange a viewing before it sells.
Please contact Kingswood. Fulwood Office: 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.
Entrance Hallway (2.79m x 2.41m) Entrance door, ceiling light point, intercom access and a wall mounted electric heater.
Kitchen / Lounge (5.83m x 4.36m) Three ceiling light points, double doors with a Juliet balcony, two wall mounted electric heaters, wall and base units with contrasting work surfaces, electric hob, extractor, built-in oven and space for a washing machine.
Bedroom 1 (3.59m x 3.28m) Ceiling light point, double glazed window, wall mounted electric heater and a built-in wardrobe.
Bedroom 2 (3.28m x 2.54m) Ceiling light point, double glazed window, wall mounted electric heater and a built-in wardrobe.
Bathroom (3.01m x 1.47m) Ceiling light point, bath with shower over, low level WC, hand wash basin and a heated towel rail.
External 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 firm's 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.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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About 22, Kayley House, Preston
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