House For Sale £130,000
Elcho Street The Barn, Preston, Lancashire PR1
previous price £140,000

Description

This Detached property is located in an excellent area, near to University of Preston, Transport links and 20 minute walk to City Centre.

Property boasts 1 bathroom, three ensuites which includes WC, Sink and Shower. 3 bedrooms and has been rented to students for the last 10 years, hence a bargain price of £140,000.

This property would be excellent for investment purposes due to its location and is currently achieving £95 per person per week inclusive of bills based on 3 bedrooms.

Gross return is £13680.00 based on a 48 week standard student contract. Gross annual yield of over 9% per year. The property has proven rental income over the last 8 years with North West Homes Ltd.

The property has entrance hall leading on to a open plan/lounge leading in to a open plan kitchen and dining area.There is also an ensuite bedroom on ground floor.

The first floor has two double bedrooms both with ensuites which includes WC, Sink and Shower.. There is also a main bathroom with three piece bathroom suite.

This property also boasts a private enclosed roof garden. There is also a garden at the front of the property.

Viewing is highly recommended to appreciate the property. Please click our virtual tour for an online viewing

Please contact Northwest Homes