Apartment 70, The Exchange Pole street, Preston, PR1 1DX
£140,000
Financial snapshot
Your initial investment
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Estimated deposit
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Purchase fees
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Your total return by 2036
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Annual return
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Rental growth p.a.
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Cap growth p.a.
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Rental income p.c.m.
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Gross yield
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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
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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
Ho Chuen
Buy-to-let investor
“The Get ground team is always quick to respond to my queries, both of the UK and HK branches' contacts. I recommend their system and service as a BTL investor.”
Sam
Buy-to-let investor
“Without a doubt the most efficient way to purchase property via a limited company structure. The service is seamless and efficient whilst being the most cost effective in the market. The staff are always responsive and extremely knowledgable.”
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