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34 Spa Road, Preston

Preston, United Kingdom

£160,000.00

Investment Type: HMO AND CO-LIVING

Est. Completion: AVAILABLE

  • 4 Double bedrooms
  • 15% gross yield
  • Well maintained throughout with refurbishment work being completed before launching on the market.
  • No HMO requirement due to the property being a 4 bed
  • Freehold
  • Will be sold as vacant possession

Pure Investor is pleased to present this amazing investment opportunity in Preston. The property consists of 4 double bedrooms, a reception room, kitchen and family bathroom. The property will be sold with the furniture in place which was previously used by the last set of tenants.

Due to the property being only a 4-bedroom there is no need to apply for a HMO license in the Preston area. The current landlord has allowed students to rent the property since purchasing which could be an option for any future buyer. Any buyer would also have the option to rent the rooms out to working professionals or possibly work with a housing association.

INVESTMENT INFORMATION
- Address: 34 Spa Road, Preston PR1 8SL
- Offers Over: £160,000
- Potential rental returns: £500pcm per room (£24,000 per annum)
- Gross yield: 15.0%
- Number of bedrooms: 4
- Number of bathrooms: 1 (bath/shower, toilet, sink and panelled walls)
- Since owning the property, the landlord has mainly rented the property to students, however, there would be the option to rent the property out to working professionals or housing associations.
- Tenure: Freehold

Video - 34 Spa Road, Preston

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If you would like further details about Pure Investor or any of our property investment opportunities, please contact us using the form below or call us directly.

Any Questions?

Call: +44 (0) 161 337 3890

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