9 Bank Parade, Preston

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£70,000
  • Type: Flat / Apartment
  • Availability: For Sale
  • Bedrooms: 1
  • Bathrooms: 1
  • Reception Rooms: 1
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  • Floorplan

Property Features

  • Chain Free
  • Ideal Investment Opportunity
  • Flat

Property Summary

** 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 is currently tenanted with a monthly gross income of £595. The property is sold with the tenant in situ.

Full Details

** 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 is currently tenanted with a monthly gross income of £595. The property is sold with the tenant in situ.


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 is tenanted with a rental income of £595 pcm. The current tenancy agreement runs until March 2025.


For viewings:


Please contact Kingswood.



City Office: 



01772 88 65 55



11 Lune St, Preston, PR1 2NL



mail@kingswoodproperties.co.uk



www.kingswoodproperties.co.uk





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.


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