West Cliff,Preston,PR1 8HX
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
9
- 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
- Fully tenanted
- Freehold block of 5 self-contained flats
- 4× two-bed + 1× one-bed apartments
- Current yield: 7.3%
- Potential yield: approx. 8.42%
- City centre location next to Preston Train Station
- Professionally maintained & fully compliant
- Strong, consistent rental demand
- Ideal hands-off investment opportunity
- QUOTE REF SC1283
Description
Welcome to West Cliff — a rare opportunity to acquire a fully tenanted, freehold block of five apartments in a prime Preston city centre location. Situated immediately next to Preston Train Station, this well-maintained building benefits from exceptional demand from commuters, local professionals and long-term tenants.
The block consists of four spacious two-bedroom apartments and one well-proportioned one-bedroom apartment, all of which have been professionally managed and regularly maintained. The current owner has ensured all compliance, safety checks and repair works are consistently up to date, providing complete peace of mind for incoming investors.
The property is fully tenanted, producing a current gross yield of 7.3%, with rents that have not been increased for some time. Updated market rents indicate a potential gross yield of approx. 8.42%, offering an immediate value-add opportunity without the need for renovation.
Each flat benefits from a practical layout, good natural light and a clean internal condition, contributing to the long-term stability and zero void history of the building. The location — moments from the city centre, UCLan, transport links and major employers — supports exceptionally strong rental demand year-round.
Whether you're expanding an existing portfolio or looking for a high-performing, hands-off investment, 47 West Cliff offers security, stability and growth potential in one of Preston’s most reliable rental pockets. Early enquiries are encouraged.
QUOTE REF SC1283
Brochures
Brochure 1- 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: A
- 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.
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- 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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West Cliff,Preston,PR1 8HX
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Visit our security centre to find out moreDisclaimer - Property reference S1505143. 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 eXp UK, North West. 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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