Watery Lane, Ashton-On-Ribble, Preston
- BEDROOMS
9
- BATHROOMS
7
- 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
- Substantial multi-unit investment portfolio encompassing over 5,800 sq ft across three commercial units and seven self-contained flats.
- Prime mixed-use asset delivering a dependable, diversified, and robust rental revenue stream across ten distinct units.
- Ground floor features three versatile, high-visibility commercial retail premises plus one quietly positioned residential flat to the rear.
- Upper floors comprise three well-proportioned flats on the first floor and three additional flats on the second floor.
- Residential apartments were converted to a high standard just over three years ago and remain in fantastic condition throughout.
- Conversion works included a full back-to-brick upgrade featuring new internal walls, fresh plastering, doors, and contemporary floor coverings.
- Completely rewired and refitted with modern consumer units, switches, sockets, and independent gas combi central heating systems in each flat.
- Fully equipped with a comprehensive interconnected fire alarm system, providing outstanding safety standards and minimal capital expenditure.
Description
The portfolio commands a prominent street presence, comprising three versatile ground-floor retail units offering high visibility, steady footfall, and strong commercial covenant potential. The residential accommodation is thoughtfully arranged across three levels, featuring one flat quietly positioned to the rear of the ground floor, three flats on the first floor, and three further flats on the second floor. Every unit benefits from bright, efficient layouts designed to attract and retain quality, long-term tenants.
What sets this portfolio apart is the sheer scale and quality of the works undertaken during the conversion just over three years ago. The residential areas underwent a complete back-to-brick transformation, benefiting from brand-new internal walls, fresh plasterwork, full electrical rewiring, contemporary switches, sockets, and energy-efficient lighting. Each flat is independently serviced by its own dedicated modern gas combi boiler, brand-new radiators, and fresh central heating infrastructure, alongside new internal doors and hardwearing floor coverings throughout.
Safety and compliance have been prioritized to institutional standards, with a comprehensive, interconnected fire alarm system protecting the entire building. With independent utilities and heating systems keeping ongoing maintenance exceptionally low, this turnkey portfolio represents an outstanding, passive income-generating acquisition for seasoned property companies, private equity investors, or family offices seeking scale, security, and strong yield profile.
Brochures
Watery Lane, Ashton-On-Ribble, PrestonBrochure- 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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Energy performance certificate - ask agent
Watery Lane, Ashton-On-Ribble, Preston
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Visit our security centre to find out moreDisclaimer - Property reference 34997828. 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 Bradley Taylor Properties, Penwortham. 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.