Craggs Row, Preston

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£115,000
  • Type: Flat / Apartment
  • Availability: For Sale
  • Bedrooms: 2
  • Bathrooms: 1
  • Reception Rooms: 1
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  • Floorplan
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Property Features

  • Chain Free
  • Priced To Sell
  • Ideal Investment Opportunity
  • Shops And Amenities Nearby
  • Close To Schools And Motorways
  • Close To Public Transport
  • City Centre Location
  • walking distance from Uni Campus
  • Apartment
  • 2 Bedrooms
  • 1 Reception Room
  • Three Piece Bathroom
  • Fitted Kitchen
  • Double Glazing
  • Prime Position

Property Summary

Investment Opportunity With A Great Rental Income In The City Centre Of Preston * Fantastic Apartment * Two Bedrooms * Open Plan Living And Kitchen * Built In Appliance * Balcony * Bathroom * Ideal Investment * Income Producing * Parking * Viewing Recommended

Full Details


A stunning two double bedroom apartment within the Leicester Court complex.


The property is situated in the heart of Preston City Centre, close to local amenities and transport facilities, but more importantly walking disctance to UCLAN which is literally a stones throw away.


A Popular purpose built accommodation known for the rental investment market due to its location and size of apartments.  


The property which has the benefit of economic electric heating and comprises a large open plan lounge/kitchen, master bedroom, a double size second bedroom, three piece bathroom and balcony.


The property is un furnished and also comes double glazed windows and heating.



INVESTOR INFORMATION


The current rental income is £650pcm. However, with the currently strong rental demand in Preston's city center, it would be achievable to obtain an minimum of £700pcm.


For an investor it provides a yield of approx above 8%


The property is currently rented on an AST contract with tenant in situ.


Monthly Managed By Kingswood 


rental income approx £7800 per annum


Service charge 2022:approx £1200 per annum  TBC


Ground rent 2022:approx £160 per annum TBC


Car park space: one available we have been informed 


Lease remaining 111 TBC


EPC band: B


Council Tax Band: A




Hallway

Hallway benefits from attractive laminate flooring, painted walls and central ceiling lights.


Open Plan Lounge and Kitchen
Spacious open plan living and kitchen area with painted walls, central ceiling lights, laminate flooring, double glazed upvc door leading out to the balcony and electric wall heaters.

Kitchen area has vinyl flooring, wall and base units, laminate work top, upstands, under unit lighting, breakfast style worktop, built in appliance fridge freezer, hob, oven, washing machine, extractor fan, stainless steel sink, spot lighting and radiator.

Bedroom One
central ceiling light, painted walls, double glazed window with blinds, carpets and radiator.

Bedroom Two
central ceiling light, painted walls, double glazed window with blinds, carpets and radiator.

Bathroom
The modern three piece bathroom suite includes WC, sink and bath with shower over. The room has part-tiled elevations with a vinyl floor, and also contains a heated chrome towel rail to the side wall.

Viewing
Preston City Centre Office: 01772 88 65 55, Unit 8, Fishergate, Preston, PR1 2NJ Fulwood Office: 01772 71 71 81, 77 Watling Street Road, Fulwood, Preston, PR2 8EA 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 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

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