A59 Bishopgate, Preston, Lancashire, PR1

Luxurious 1-Bedroom Apartment in Bishopgate Gardens, Preston - Perfect for Owner Occupiers and Investors.

Overview:
Experience urban living at its finest with this exquisite one-bedroom apartment in the prestigious Bishopgate Gardens, located in the vibrant city of Preston. This property is ideal for both owner occupiers seeking a stylish city lifestyle and investors looking for a high-yielding, low-maintenance asset. This apartment, crafted with a modern aesthetic, promises comfort and convenience in a prime location.


Property Highlights:

Contemporary Living Space: The apartment offers a sleek open-plan layout with a spacious living area enhanced by floor-to-ceiling windows, ensuring ample natural light. The modern kitchen is fully equipped with top-of-the-line appliances, perfect for culinary enthusiasts. The bedroom is cosy and carpeted, providing a peaceful retreat, while the bathroom features a chic three-piece suite with a shower over the bath.

Prime City Centre Location: Nestled in the heart of Preston, Bishopgate Gardens provides easy access to an array of amenities, including retail outlets, dining options, and entertainment venues. The building features convenient amenities such as an onsite coffee shop and lift access.

Investment Potential: With a strong rental market in Preston, this apartment offers excellent investment prospects. The property is estimated to deliver a net yield around 4.5%, factoring in anticipated service charges and ground rent.



Nearby Attractions and Amenities:

Preston City Centre: Just moments away, offering diverse shopping and dining experiences.
Preston Railway Station: A hub for regional and national travel, making commutes efficient.
University of Central Lancashire (UCLan): A key driver of local rental demand, attracting students and professionals.

Avenham and Miller Parks: Beautiful parks offering recreational activities and green space.
Harris Museum and Art Gallery: A cultural gem showcasing fine art and historical exhibitions.
Owner Occupiers

FOBEA will provide comprehensive support throughout your home buying journey, ensuring a seamless and stress-free experience as you transition into your new city-centre lifestyle.



Investors:
With FOBEA's Assured Shorthold Tenancy (AST) Management, costing 5% + VAT, landlords can enjoy an enhanced yield by an estimated 1%. Our expert management services ensure that your investment is managed efficiently and profitably, providing a truly hands-off experience.

Financial Breakdown:
Asking Price: £155,000
Estimated Gross Rent: £925.00 per month
Estimated Net Yield: ~4.5% (considering estimated service charge and ground rent).

Important Notes:
All information provided is intended to be accurate but should be independently verified. These details do not form part of any offer or contract. Interested parties should contact FOBEA for a detailed financial breakdown and to schedule a viewing.


This exquisite apartment is located at A59 Bishopgate Gardens, Preston, PR1 1AT. Priced at £155,000, this is a prime opportunity for both investors and those looking to enjoy city living in a luxurious setting. Contact us today to learn more!