Summary - 57 CAROLINE STREET PRESTON PR1 5UY
2 bed 1 bath Terraced
Ready-made rental with immediate income in a convenient urban location.
Two double bedrooms with large family bathroom
Tenant in situ — immediate rental income potential
Freehold tenure with very cheap council tax band
Compact 435 sq ft footprint; overall property small
Period features (bay window, cornices) but dated interior
Requires modernization to increase rental/resale value
High local crime and very deprived area — consider risk
EPC currently TBC; check safety and compliance documents
This compact Victorian mid-terrace on Caroline Street offers a straightforward buy-to-let with a tenant in situ, delivering immediate rental income and easy portfolio addition. The property has two double bedrooms and a large family bathroom, arranged over two storeys in a modest 435 sq ft footprint suited to single tenants or couples.
The house retains period character externally and in the living room (high ceilings, bay window, cornices) but the interior décor is dated and would benefit from modernization to realise higher rents. The rear yard is small but private, useful for storage or limited outdoor seating. Tenure is freehold and council tax band is very cheap.
Location strengths include fast broadband, excellent mobile signal and proximity to local schools, shops and transport links popular with tenants. Material negatives to note: the neighbourhood records high crime and the wider area is very deprived, which can affect resale and rental values; EPC is currently TBC. Investors should budget for routine updating and check the tenancy terms and compliance (safety certificates, EPC) before completion.
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