Ladybank Avenue, Preston, Lancashire, PR2
- PROPERTY TYPE
Ground Flat
- BEDROOMS
2
- BATHROOMS
1
- SIZE
601 sq ft
56 sq m
Key features
- 2 Double Bedrooms
- Parking Space Included
- Tenant In Situ
- Current Rental Income £700pcm, Yield Of 7.14%
- Open Plan Living Space
- 4 Piece Bathroom Suite
Description
Pure Investor brings to the market this 2 bedroom, ground floor apartment in Fulwood, Preston. The apartment is situated in a quiet residential estate with a mixture of terraced, semi-detached and detached properties along with a smaller selection of apartments. The apartment itself has been kept in an excellent condition by the current tenant who is on a 12 months contract with the first 6 months being paid upfront. The apartment consists of entrance hallway leading to all rooms, there are two double carpeted bedrooms with windows in both looking out to the front, a family bathroom with a four piece bath suit, including separate bath and walk in shower, the main living space is a large open plan kitchen, dining and living room, the kitchen and dining space is has lino flooring with the living room space being fully carpeted, the kitchen space includes integrated cooker, hob and extractor and space for a fridge, freezer and washing machine.
Investment Information
Full Address: 72 Ladybank Avenue, Fulwood, Preston PR2 9LY
Asking Price: £120,000
Property Type: 2 bedroom, 1 bathroom, ground floor apartment
Current Rental Income: £700pcm (£161.53 per week)
Annual Income: £8,400
Gross Yield: 7.14%
Service Charge: £1,100 per annum
Ground Rent: £150 per annum
Net Yield: 6.1%
Current Letting Agent Charges: 10%
Current Tenant Move In Date: 13th November 2023
Length Of Tenancy: 12 months
Tenure: Leasehold (130 years remaining)
Parking Space: 1 designated marked space
New Boiler Installed November 2023
Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.
GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.
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ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.
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LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.
130 years left
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Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
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Ladybank Avenue, Preston, Lancashire, PR2
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Preston Station2.8 miles
- Bamber Bridge Station4.6 miles
- Lostock Hall Station4.8 miles
About the agent
Pure, Manchester
125 Deansgate, Manchester, M3 2LH
Having sold investment properties for almost 14 years, Pure Investor is today one of the most established and recognisable property investment consultancies in the UK. Our commitment to the very highest levels of customer service has resulted in Pure Investor now being rated 4.9 out of 5.0 'Excellent' on Trustpilot.
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Visit our security centre to find out moreDisclaimer - Property reference 72-Ladybank-Avenue-Fulwood-Preston-PR2. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pure, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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