Summary - 19 Caroline Street PR1 5UX
2 bed 1 bath End of Terrace
Immediate rental income from a low-maintenance urban investment.
- Two bedrooms, approximately 559 sq ft
- Sold with tenants in situ at £775 pcm (approx 8.4% gross yield)
- Freehold end-terrace with low-maintenance paved rear garden
- Gas boiler and radiators; mains gas central heating
- Small rooms and overall footprint suited to rental use
- Located in very deprived area with higher crime levels
- On-street parking only; no garage or off-street parking
- Some maintenance likely; images indicate areas needing attention
A compact two-bedroom end-terrace in central Preston offered with tenants in situ, making this a straightforward purchase for investors seeking immediate income. The property spans approximately 559 sq ft and combines small, functional living spaces with a modern-fitted kitchen and gas central heating.
Current occupants pay £775 pcm, representing a strong gross yield around 8.4% at the asking price. The freehold tenure and end-terrace position provide simple ownership and some additional privacy compared with mid-terraces. The paved, low-maintenance rear courtyard is easy to manage between tenancies.
This is a pragmatic buy-to-let rather than a lifestyle purchase: the footprint is modest and rooms are compact, so rental demand — not family living space — is the primary value driver. The building dates from the early 20th century, with cavity walls and external insulation already in place, and double glazing of unknown age.
Buyers should note material negatives plainly: the property sits in a very deprived area with higher local crime levels, and the street-style location offers on-street parking only. Some maintenance and refreshing will be necessary over time to retain rental appeal. Viewing is recommended to assess condition and rental prospects firsthand.
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