Guide price
£325,000
6 bed flat for saleFishergate, Preston PR1
6 beds
3 baths
3 receptions
Auction
Freehold
About this property
Being Sold via Secure Sale Online Bidding through Pattinson. Terms & Conditions Apply. Starting Bid £350,000. A freehold investment opportunity comprising three self-contained apartments in Preston city centre, generating a gross annual rental income of £37,644 with an approximate gross yield of 10.75% based on the starting bid. Ideal for landlords and property investors.
Key Features:
Three self-contained apartments, freehold investment, gross annual rental income of £37,644, approximate 10.75% gross yield, six bedrooms, three kitchens, three bathrooms, Preston city centre location, ideal for investors.
Location Highlights:
Located on Fishergate in the heart of Preston city centre, the property is within walking distance of Preston Railway Station, the University of Central Lancashire (UCLan), Fishergate Shopping Centre, local shops, cafés, restaurants and excellent transport links.
Auctioneers Additional Comments:
The successful purchaser will be required to pay a non-refundable 5% deposit on exchange of contracts, which forms part of the purchase price. A Reservation Fee of up to 6% (including VAT), subject to a minimum fee of up to £7,200 (including VAT), is payable in addition to the purchase price. Buyers should review the legal pack and auction terms before bidding. The Marketing Agent and Auctioneer may introduce purchasers to third-party service providers, although there is no obligation to use these services.
Key Features:
Three self-contained apartments, freehold investment, gross annual rental income of £37,644, approximate 10.75% gross yield, six bedrooms, three kitchens, three bathrooms, Preston city centre location, ideal for investors.
Location Highlights:
Located on Fishergate in the heart of Preston city centre, the property is within walking distance of Preston Railway Station, the University of Central Lancashire (UCLan), Fishergate Shopping Centre, local shops, cafés, restaurants and excellent transport links.
Auctioneers Additional Comments:
The successful purchaser will be required to pay a non-refundable 5% deposit on exchange of contracts, which forms part of the purchase price. A Reservation Fee of up to 6% (including VAT), subject to a minimum fee of up to £7,200 (including VAT), is payable in addition to the purchase price. Buyers should review the legal pack and auction terms before bidding. The Marketing Agent and Auctioneer may introduce purchasers to third-party service providers, although there is no obligation to use these services.
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Monthly repayment
£1,625 per month
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