Fishergate Court, Preston, PR1

Full Description

Freehold residential block of apartments, 5 self-contained apartments (4 x 1 bed, 1 x 3 bed apartments). plus 900sqft rentable basement. Presenting an Ideal investment opportunity to add to your growing portfolio, it comes with £66,000 income pa. This property represents an 11% Gross Yield. with very low maintenance costs and low operational costs. Fully let on Assured shorthold 12-month tenancies to professional tenants, Separate utilities/meters to all units£66,000 per annum gross income. Previously operated as a serviced apartment business that grossed £120k per annum; accounts are available upon request. Right next to Preston train station, with trains running to London Euston in 2 hours. The very best location, with major upcoming multi-million-pound investments enhancing its value for decades to come. A very good northern investment, secured by amazing transport links to London and the south.