Summary - 15 ROBIN STREET PRESTON PR1 5RH
3 bed 1 bath End of Terrace
Sold with a sitting tenant; small terrace with off-street parking and rear yard.
- Sold with a sitting tenant, immediate rental income potential
- Modern Method of Auction: reservation fee and buyer pack costs apply
- Small overall size; approximately 771 sq ft, compact rooms
- Requires cosmetic updating; basic fixtures and decor throughout
- Off-street parking to the front and a modest rear yard
- Tenure unknown and EPC awaiting; check mortgage/tenancy suitability
- Located in a very deprived area with high local crime rate
- Fast broadband and excellent mobile signal; good local transport
A compact three-bedroom end-terrace offered for sale by Modern Method of Auction, presented with a sitting tenant — suitable for a buy-to-let purchase or portfolio addition. The house has a gated paved front, off-street parking and a modest rear yard; internal layout includes lounge, dining kitchen, three bedrooms and a family bathroom. Fixtures and decor are basic and expected to benefit from cosmetic updating.
Important auction costs and terms apply: a non-refundable Reservation Fee of 4.5% (minimum £6,600) plus a Buyer Information Pack fee (£349) and potential optional service fees. Prospective buyers should factor these into total purchase costs and allow the 56-day reservation completion period. Tenure is unknown and EPC is awaiting—investors should confirm mortgage suitability and any tenancy details before bidding.
Location is inner-urban Preston (PR1) with fast broadband and excellent mobile signal, but the immediate area is very deprived with a high crime rate. Local amenities, schools and public transport are nearby, supporting long-term rental demand, though the area profile suits risk-tolerant investors targeting rental yield rather than capital-growth suburbia.
Property strengths are clear: immediate rental income from the sitting tenant, off-road parking and a sizable rear yard for the street. Material considerations are equally plain: small overall size, basic internal condition requiring refurbishment, unknown tenure, and auction-related fees and conditions. This is a pragmatic, hands-on investment requiring active management or refurbishment to maximise value.
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