Summary -
Flat 12 Station Terrace,8-10, Waltons Parade,PRESTON,PR1 8QT
PR1 8QT
1 bed 1 bath Apartment
Ready-made rental with long lease and tenant in place.
Open-plan living/kitchen maximises light in compact 330 sq ft layout
A compact, modern one-bedroom apartment set on the first floor of a converted Georgian building, offered with no chain and a tenant in situ. The open-plan living/kitchen and contemporary shower room make efficient use of the 330 sq ft, suited to single professionals or buy-to-let investors seeking immediate rental income.
The property is currently let at £750 pcm and comes with 244 years remaining on the lease — long lease security for purchasers. Annual service charge (£1,837) and ground rent (£250) are notable running costs; council tax is very low. Furnishings are negotiable with the owner.
Location is a major draw: an easy walk to Preston city centre, good public transport links and local amenities. Be aware the local area records very high crime levels and is classified as very deprived; this will affect tenant demand and long-term capital growth compared with more affluent neighbourhoods.
This is a straightforward, low-maintenance apartment for an investor wanting immediate income or a buyer seeking a compact city base. Buyers should verify lease and tenancy details and consider the service charge and local area factors when assessing total returns.
1 bedroom apartment for sale in 16 Cross Street, Preston, PR1 — £70,000 • 1 bed • 1 bath • 593 ft²
1 bedroom apartment for sale in Station Terrace, 8-10 Waltons Parade, Preston, PR1 — £90,000 • 1 bed • 1 bath • 399 ft²
1 bedroom flat for sale in Fishergate Hill, Preston, PR1 — £69,950 • 1 bed • 1 bath • 855 ft²
1 bedroom apartment for sale in Fishergate Hill, Preston, PR1 — £89,000 • 1 bed • 1 bath • 496 ft²
1 bedroom flat for sale in Bishopgate, Preston, Lancashire, PR1 — £125,000 • 1 bed • 1 bath • 470 ft²
1 bedroom apartment for sale in City Bridge Apartments, Glovers Court, Preston, PR1 — £130,000 • 1 bed • 1 bath
