Apartment 70, The Exchange Pole street, Preston, PR1 1DX
£140,000
Financial snapshot
Your initial investment
-
Estimated deposit
-
Purchase fees
-
Don't have enough deposit?
Explore how to invest together
Your total return by 2035
-
Annual return
-
Rental growth p.a.
-
Cap growth p.a.
-
Rental income p.c.m.
-
Gross yield
-
Indicative returns are based on historic data - please note past performance is not necessarily indicative of future results and actual returns may differ materially from the returns indicated here
Need a mortgage to finance this property?
GetGround can help!
Mortgages based on the following:
I have a £0 deposit and live in GB
We couldn't find mortgages based on your criteria
Edit details or click below for a more advanced mortgage search.
Area highlights
Property snapshot
Apartment
462 sq ft
1 Bedroom
1 Bathroom
Tenanted
Tenure - Leasehold
Lease-length
249 years
Ground rent
£160
Service charge
£801.00 per year
Overview
This property is currently tenanted with 6.9% yield, providing a steady rental income and making it a ready-to-go investment. The current tenant have been exemplary and expressed a desire to continue their tenancy, ensuring a smooth transition for any prospective landlord. The Exchange is ideally situated in central Preston, offering excellent access to local amenities, transport links, and the vibrant city life. It is perfect for young professionals and students, ensuring high rental demand. The property is competitively priced with an asking price of £140,000, offering excellent value for its location and modern features. The current owner is looking to reinvest in other projects, presenting a unique opportunity for investors to acquire a property in a prime location with immediate rental income. Don't miss out on this fantastic investment opportunity in one of Preston's most sought-after developments. Contact us today for more information or to arrange a viewing.
What our customers say about us
Tahir
Buy-to-let investor
“Really easy to do business with and get setup. This company is transforming the way companies are setup, business is done and accounts are done/settled. Amazing web site very intuitive! well done getground!”
Raghda
Buy-to-let investor
“GetGround manages my property from A to Z. The process from the beginning until today is running smoothly. They provided consultation, step by step setup guide, and also the response rate was very high when I contacted their customer care department.”
Matt
Buy-to-let investor
“It has been great dealing with Get Ground. Having worked with them for a number of years now, they have provided a great service to our clients and I wouldn't hesitate to recommend them.”
Meet the team