Summary - Samuel Street Preston PR1 4YJ PR1 4YJ
1 bed 1 bath Flat
High-yield rental in close proximity to transport and city amenities.
Newly renovated one-bedroom apartment, ready to rent
This compact one-bedroom flat on Samuel Street is a straightforward buy-to-let for investors seeking high income relative to price. Recently renovated throughout, the apartment includes modern kitchen appliances, double glazing and biomass central heating, reducing short-term maintenance needs and energy costs.
Currently let at £500 pcm, the property offers a very generous gross income for the asking price, making it attractive for portfolio buyers or those seeking strong rental returns. The lease is 87 years remaining and it is sold leasehold; service charge and ground rent apply, so factor these into net yield calculations.
Buyers should be aware the building sits in a very deprived area with high local crime rates and constrained neighbourhood classification, which can affect tenant demand and resale prospects. The flat is small (372 sq ft) and best suited to a single occupant or as a rental unit. Early viewing is recommended for investors looking to secure income immediately, as the property is tenanted.
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