ATTENTION INVESTORS!

Take a look at this superb buy to let investment property in this ever expanding student city. Suitably furnished to attract either a student or young professional market, this property has attracted a 100% occupancy rental for the 7 years that it has been let through our lettings team. A huge building which has been converted into 3 modern apartments (2 x 3 beds and 1 x 2 beds) in an incredibly popular rental area located in the heart of the city centre and close to brilliant transport links, shops and amenities. It is currently generating approximately £43,000.00 annual rental income and could potentially generate more.

This is a property not to be missed. It is packed with original features which you will see immediately as you enter.

Located on the

ground floor is a 1 x 2 bedroom flat with 2 ensuite bathrooms

first floor is 1 x 3 bedroom flats with 3 ensuite bathrooms

second floor is 1 x 3 bedroom flats with 3 ensuite bathrooms

 

Flat 1

Entrance Hall 2.08 x 2.54 (6?10? x 8?4? )

Spot lights, intercom system, smoke alarm

Lounge 2.54 x 3.79 (8?4? x 12?5? )

Spot lights, TV aerial point, wall sockets, smoke alarm, tile flooring

Kitchen x (0?0? x 0?0? )

Spot lights, wall and base units, electric hob, tile flooring, double glazed window.

Bedroom 1  3.59 x 3.43 (11?9? x 11?3? )

Double glazed windows, spot lights, fitted wardrobe, wall sockets, smoke alarm, gas central heating, fitted desk, lino flooring

Bedroom 1 En-Suite 1.01 x 2.03 (3?4? x 6?8? )

Ceiling light point, W/C, sink basin, shower cubicle, wall and floor tiles

Bedroom 2 3.06 x 3.79 (10?0? x 12?5? )

Double glazed windows, spot lights, fitted wardrobe, wall sockets, smoke alarm, fitted desk, lino flooring, gas central heating

Bedroom 2 En-Suite 1.07 x 2.35 (3?6? x 7?9? )

Ceiling light point, W/C, sink basin, shower cubicle, wall and floor tiles

Box Room  2.45 x 2.46 (8?0? x 8?1? )

Spot Lights, Double Glazed Windows, Gas Central Heating, Wall Sockets

Sun Room  x (0?0? x 0?0? )

Large double glazed windows, tile flooring, spot lights, smoke alarm

- 2 bedroom
- fitted wardrobes and desk to some rooms
- 2 bathroom (ensuite)
- store room
- Tenancy: Student rental on an AST tenancy agreement June 2023 - July 2024
- EPC Rating: Flat 1: D
- Council Tax Band: Flat 1: A

 

Flat 2

Entrance Hall 0.86 x 3.89 (2?10? x 12?9? )

Spot lights, smoke alarm, laminate flooring, intercom system

Lounge   3.06 x 2.74 (10?0? x 8?12? )

Spot lights, double glazed window, laminate flooring, smoke alarm, gas central heating, TV aerial point, wall sockets

Kitchen 1.56 x 2.39 (5?1? x 7?10? )

Wall and base units, double glazed window, tile flooring, electric hob and oven

Bedroom 1 x (0?0? x 0?0? )

Double glazed window, fitted desk, fitted wardrobe, spot lights, gas central heating

Bedroom 1 En-Suite x (0?0? x 0?0? )

Ceiling light point, W/C, sink basin, shower cubicle, wall and floor tiles

Bedroom 2 3.83 x 3.25 (12?7? x 10?8? )

Double glazed window, gas central heating, fitted wardrobe, fitted desk, laminate flooring

Bedroom 2 En-Suite 0.90 x 2.44 (2?11? x 8?0? )

Ceiling light point, W/C, sink basin, shower cubicle, wall and floor tiles

Bedroom 3 4.54 x 3.60 (14?11? x 11?10? )

Double glazed window, gas central heating, laminate flooring, fitted wardrobe, fitted desk, spot lights

Bedroom 3 En-Suite 1.03 x 2.29 (3?5? x 7?6? )

Ceiling light point, W/C, sink basin, shower cubicle, wall and floor tiles

- 3 bedroom
- fitted wardrobes and desk to some rooms
- 3 bathroom ( ensuite)
- Tenancy: Student rental on an AST tenancy agreement June 2023 - July 2024
- EPC Rating: Flat 1: C
- Council Tax Band: Flat 1: A

 

Flat 3

Entrance Hall Flat 3   0.76 x 2.74 (2?6? x 8?12? )

Spot lights, intercom system, laminate flooring

Lounge   3.58 x 2.72 (11?9? x 8?11? )

Double glazed window, spot lights, TV aerial point, laminate flooring, wall sockets, smoke alarm, gas central heating

Kitchen   1.81 x 3.43 (5?11? x 11?3? )

Wall and base units, tile flooring, double glazed window,  electric hob and oven.

Bedroom 1   3.52 x 3.48 (11?7? x 11?5? )

Double glazed window, gas central heating, laminate flooring, fitted desk, fitted wardrobe

Bedroom 1 En-Suite   0.91 x 2.72 (2?12? x 8?11? )

Ceiling light point, W/C, sink basin, shower cubicle, wall and floor tiles

Bedroom 2   4.74 x 3.45 (15?7? x 11?4? )

Double glazed window, gas central heating, laminate flooring, fitted desk, fitted wardrobe

Bedroom 2 En-Suite   1.12 x 2.48 (3?8? x 8?2? )

Ceiling light point, W/C, sink basin, shower cubicle, wall and floor tiles

Bedroom 3   3.61 x 3.45 (11?10? x 11?4? )

Gas central heating, spot lights, sky light window, laminate flooring, fitted desk, fitted wardrobe

Bedroom 3 En-Suite   1.12 x 2.48 (3?8? x 8?2? )

Ceiling light point, W/C, sink basin, shower cubicle, wall and floor tiles

- 3 bedroom
- fitted wardrobes and desk to some rooms
- 3 bathroom ( ensuite)
- Tenancy: Student rental on an AST tenancy agreement June 2023 - July 2024
- EPC Rating: Flat 1: D
- Council Tax Band: Flat 1: A

 

Investors information

- Approximate annual rental income - Circa £43,000.00
- Property type: Freehold

Expenses

- We believe the total annual expenses is in the region of £5000 but this it to be confirmed TBC

We are expecting a huge amount of interest in this superb ready-made investment so do not delay and call to arrange a viewing as quickly as possible.

Please contact Kingswood Sales & Lettings

Preston City Office: 01772 886555 11 Lune Street, Preston, PR1 2NL

Fulwood Office: 01772 717181 77 Watling Street Road, Fulwood, Preston, PR1 2NL

[email protected]

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.