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Marsh Lane, Preston

PROPERTY TYPE

Terraced

BEDROOMS

4

BATHROOMS

2

SIZE

947 sq ft

88 sq m

TENURE
Describes 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

  • Excellent Investment Opportunity
  • Terraced House
  • 4 Bedrooms
  • Communal Lounge
  • Communal Kitchen
  • Excellent Location

Description

An excellent opportunity has arisen to purchase this four-bedroom terraced property, ideally positioned within walking distance of the University of Lancashire, Preston city centre and Preston train station.

With three student tenants already in situ, this property presents an attractive opportunity for buy-to-let investors looking to add to their property portfolio, with an established rental income of £1430 per calendar month already in place.

Internally, the property offers an impressive sense of space throughout, with bright, generously proportioned rooms creating a light and welcoming atmosphere.

The ground floor features a spacious communal lounge, providing the perfect setting for relaxing and socialising, alongside a generously sized kitchen with plenty of room for everyday living. There is also a well-proportioned bedroom and a convenient downstairs shower room with WC. All rooms on this floor benefit from excellent proportions and an abundance of natural light.

The sense of space continues onto the first floor, where there are three further bedrooms and a bathroom leading off the landing. Two of the bedrooms are comfortable doubles, while the third, currently used for storage, is a versatile single bedroom that could equally serve as a home office or study.

Externally, the property benefits from a rear yard, providing outdoor space to relax and enjoy.

The property's location is a key selling point, offering students easy access to the university campus, local shops, supermarkets, restaurants, bars and a wide range of city centre amenities. Preston train station is also within walking distance, providing excellent transport links to surrounding towns and major cities.

With tenants already in place and an established rental income, this property presents an attractive investment opportunity for landlords looking to expand their portfolio. Its desirable location and continued appeal to the student rental market make it a compelling prospect for investors seeking a well-positioned, income-generating property.

Early viewing is highly recommended to appreciate the location and investment potential on offer.

Council Tax Band: A (Preston City Council)
Tenure: Freehold

Brochures

Brochure
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.
Ask agent
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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Marsh Lane, Preston

Approximate location

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Affordability

Monthly repayments£779
Property: £ 155,000
Deposit: £ 15,500
Interest rate: 5.35%
Term: 30 years
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Renovation potential
Recently sold & under offer
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About North West Homes, Preston

71 Fylde Road, Preston, PR1 2XQ

Established in 2008, Northwest Homes has grown to become one of Preston’s leading estate agents. With modern offices in the heart of Preston city centre, we specialise in selling a wide range of residential properties throughout Preston and the surrounding areas.

Our reputation is built on professionalism, honesty and a friendly, personal approach. We pride ourselves on providing accurate property valuations, expert local knowledge and exceptional customer service.

Whether you are buying or selling a property, our dedicated and experienced team is committed to making the process as smooth, straightforward and successful as possible.

At Northwest Homes, we go the extra mile to deliver an outstanding sales service, helping buyers find their perfect property and sellers achieve the best possible price for their property.

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Disclaimer - Property reference RS0288. 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 North West Homes, 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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