2 Bedroom Apartment

West Cliff, 
Preston, 
PR1 8HU
Purchase price
£180,000
  • Size: 56 sqm
  • Tenanted
EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - NOT SUITABLE FOR OWNER OCCUPIERS! A stunning two-bedroom apartment with parking in a desirable area of Preston city centre.
  • Financial Performance*
Gross rent
£12,000
Ground rent
£350
Service charge
£1,846
Net income
£9,804
Gross yield
6.67%
Net yield
5.45%
  • Key Features
  • Excellent opportunity for investors
  • Tenants in situ
  • Generate immediate income
  • Stunning conversion
  • High specification throughout
  • Original features
  • Two double bedrooms
  • Ideal location
  • Allocated parking space included
  • Don't miss out and enquire today

yieldit are pleased to present an exciting opportunity for investors in the wonderful city of Preston. The first-floor apartment has been tastefully converted and finished to a high specification throughout and benefits from beautiful sash windows, heigh ceilings and spotlight lighting throughout. Including an open plan living area with fully-fitted kitchen; two large double bedrooms; main bathroom with three-piece suite and shower over bath and plenty of storage. Also included is an allocated parking space.

The Sorting Office is ideally positioned in one of the North West’s most thriving cities, Preston has recently benefited from millions of pounds worth of investment which is reflected in significant house price growth and excellent rental yields. It has an increasing population and high-quality accommodation such as that at The Sorting Office is in short supply.

Preston is a fantastic city to invest in, it recently beat London as being the UK’s most improved urban area thanks to achieving above-average improvements in health, transport and work-life balance. It’s also the economic hub of Lancashire, boasting unrivalled transport links, a fantastic quality of life and affordable living, in addition to this its appeal is only set to increase further with over £1 billion of investment planned for the next decade including the 450m City Deal which is set to build on this and create 20,000 new jobs over the next 10 years which will only increase the demand for rental properties.

Please note, lettings and management fees may apply.

  • Financial Performance *
Gross rent
£12,000
Ground rent
£350
Service charge
£1,846
Net income
£9,804
Gross yield
6.67%
Net yield
5.45%
*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.
  • Location
  • EPC
Energy Performance Rating