Summary - 12 GREENFIELD WAY INGOL PRESTON PR2 3GD
1 bed 1 bath Flat
Low‑priced buy-to-let with private garden and immediate rental income.
Tenant in situ producing £5,700 per year income
A ground-floor studio flat in a quiet Ingol cul-de-sac, currently let and producing an annual income of £5,700 — an obvious pick for a hands-off landlord seeking immediate rental returns. The accommodation is compact but practical: open-plan lounge/bedroom, fitted kitchen, walk-in wardrobe and a shower room, plus a private garden and allocated parking for up to two vehicles.
Important lending and maintenance facts are clear: the lease has 76 years remaining which may limit mortgage options or require a cash buyer; ground rent is a modest £50 per year. The flat has double glazing, an Economy 7 electric storage heating system and a C-rated EPC, though decor is dated in places and may need updating between tenancies.
This is a straightforward income-producing asset for investors who accept potential refinancing constraints due to the lease length. The low asking price and reported rental income produce a strong gross yield, while the private garden and parking add appeal to future tenants. Prospective buyers should factor in possible lender restrictions and any upgrade costs when assessing total return.
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