Summary - 129 THREEFIELDS INGOL PRESTON PR2 7BJ
2 bed 1 bath Flat
Garden, parking and strong rental yield near Preston Hospital.
Proven rental history with ~9% gross yield
A two-bedroom end-terrace maisonette with a large private garden and off-street parking, offered with a proven rental history and a current gross yield of just over 9%. The apartment measures around 851 sq ft, features double glazing and a modern gas boiler, and is presented with a contemporary kitchen and bathroom. Fast broadband and proximity to Preston Hospital, transport links and the city centre add practical appeal for tenants or owner-occupiers.
This is a leasehold property with 86 years remaining, a modest annual ground rent (£30) and a service charge of about £1,020 per year (£85 pcm). The building dates from the late 1960s/early 1970s, with cavity walls and later double glazing already fitted. The sizeable rear garden and separate reception room increase rental and family-use flexibility.
Buyers should note material local factors: the neighbourhood is classified as deprived with above-average crime levels, which can affect demand profile and mortgage availability for some lenders. The sub-90-year lease will also limit some mortgage options and may incur future lease-extension costs. These are offset by the strong rental yield, low running costs, and convenient city-location.
This property suits investors seeking immediate rental income and yield, or buyers after an affordable, well-presented two-bedroom with outdoor space close to Preston amenities. Viewing is recommended to assess condition and location in person, and to confirm lease-related implications with a solicitor before offer.
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