Summary - Preston PR1 8JE PR1 8JE
10 bed 1 bath Terraced
**Standout Features:**
- Ten-bedroom terraced house with multiple rental apartments
- Prime city center location in Preston, ideal for students and professionals
- Five Grade II listed buildings comprising thirty self-contained, tenanted apartments
- 10% yield with gross annual rent of £180,540
- Newly renovated with original Georgian features
- High demand for affordable housing in a rapidly expanding area
- Excellent mobile signal and average broadband speeds
**Concise Property Summary:**
Discover a remarkable investment opportunity in the heart of Preston PR1 8JE. This terraced property comprises five stunning Georgian buildings housing thirty fully tenanted self-contained apartments, impeccably renovated to blend original architecture with modern comforts. Set in a prime city-center locale, the diverse amenities nearby cater perfectly to the cosmopolitan student and professional community, ensuring consistent rental income and solid investment growth.
Currently achieving a robust 10% yield, the property generates a gross rent of £180,540 annually, with potential for future rental increases given the area’s rising demand for affordable living spaces. Despite the benefits, it’s essential to note that the buildings’ listed status may limit renovation and extension possibilities.
This fantastic investment is not only a low-risk opportunity for generating reliable income but also a chance to be part of Preston's expanding market. Don’t miss your chance to acquire a desirable property that marries charm and potential—contact us today for more information and to arrange a viewing!
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