Fees apply: Our fees Property ref: 8638330
- Investment opportunity
- 1 x 2 bed flat, 1 x 1 bed flat and garage
- Close to Preston Park train station
- 5% yield
This property is an exciting investment opportunity in the extremely popular Preston Park area, a short walk from Preston Park train station and bus stops to get around the city the property is perfect for tenants working locally or in London. The building is comprises of two flats, a ground floor converted one bedroom property which is currently achieving £875pcm and was previously a shop in the past and a two bedroom maisonette on the first and second floor which achieves £1,150pcm. The building also has a garage to the side of the property which is currently rented for £100pcm. The current rent could be increased slightly in the future for both flat but currently the annual rent is £25,500 and a yield of 5%.
With a range of local amenities, and the building being close to highly ofsted school such as Stanford primary school and Stringer secondary school the area is extremely popular residential area.
- Convenience Stores
- Off Licenses
- Night Clubs
- Post Offices
- Train Stations
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