1 bed Flat For Sale £70,000
9 Bank Parade, Preston PR1

* Great Investment opportunity*
One bedroom flat situated in period property with Avenham park on your doorstep. Walking distance to the city centre, shops, bars and transport, but set next to the serenity of a local park.
This flat has been a rental property with a monthly gross income of £595.

Step inside this perfectly located one-bedroom flat and have the best of both worlds: A city centre stroll away, but the greenery and tranquil setting of the park at the end of your road.

This property would suit the rental market because of what it has to offer. The road is a private road and only residents can park here (subject to permit application). 

There is a small laundry room outside the flat, shared with the other residents of the building.

Ground rent: £0

The flat is leasehold in nature, however owners of the 6 flats in this building also have equal share in the Freehold.

Service Charge: £168 pcm

This is determined by the 6 owners of the flats inside the building. A management company is employed to oversee the day to day maintenance of the building, recommendations are made and the 6 owners approve works and this determines the budget each year.

The property has been tenanted with a rental income of £595 pcm. A new tenant is due to move in by the end of March.

For viewings:

Please contact Kingswood.

City Office: 

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11 Lune St, Preston, PR1 2NL

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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.