53-55 Plungington Road, Preston, PR1 7EN
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
8
- BATHROOMS
5
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- 8 Bedrooms (4x En-Suite)
- Potential to Add Additional Bedroom(s) & En-Suites to First Floor
- Further Development Potential
- Basement/Cellar - Potential Development
- Fully Tenanted
- Close to University of Central Lancashire
- Close to Preston City Centre
Description
ATTENTION INVESTORS - We have a fantastic 8 bedroom INVESTMENT OPPORTUNITY situated in a prime location with local amenities, UCLAN and Preston city centre, only a short walk away. The property is being sold with sitting tenants with the current occupancy 7/7.
Set over two storeys of spacious living accommodation (together with a large utility basement which is currently unused - but ripe for development).
The property briefly comprises;
Ground floor: entrance hallway leading to access to 4 double bedrooms with en-suites. Communal kitchen. Access to rear internal yard.
First floor: access via rear outdoor staircase, 4 large bedrooms (some of which are suitable for splitting in two and adding en-suites for additional income), communal kitchen, living area and communal bathroom.
Basement/cellar: Not currently developed.
Current Income:
The property currently achieves a gross rental income, at full occupancy, of an impressive £43,800 p.a.
Potential Development/Growth:
Turn the 1st floor bedrooms into 5x en-suite rooms, which would increase the gross income to approximately £51,300 p.a.
Develop the basement/cellar.
TO DISCUSS THIS IN MORE DETAIL AND TO ARRANGE A VIEWING, PLEASE CONTACT CLARKSON HOLDEN ESTATE AGENTS (PRESTON).
EPC Rating: E
- 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.
- Band: E
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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53-55 Plungington Road, Preston, PR1 7EN
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About Clarkson Holden, Preston
17 - 19 Beech Drive, Fulwood, Preston, PR2 3NBWe Pride Ourselves on Service!
As a Fulwood estate agent, our experience has taught us that people like an estate agent which is based locally, so they can call in and have a chat in the office.
But we know that you want fair pricing, listings on the major property portals, alongside a professional, clear and honest service.
Our services are designed to give your property the maximum level of exposure on the open market, through numerous marketing initiatives but without the high charges.
We are property experts for Preston and the surrounding areas, and we know the local market like the back of our hand. We can advise you on local trends and competition for both sales and lettings.
Based in our head office on Beech Drive in Fulwood (former GP surgery), our courteous, knowledgeable and friendly team will take the stress out of moving.
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Visit our security centre to find out moreDisclaimer - Property reference f3f22fca-8117-47c6-995e-d3a7056b7629. 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 Clarkson Holden, Preston. 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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