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 2035
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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
Shivraj
Buy-to-let investor
“Technical support and the guidance the team provides are simply the best !! The team is quick to respond to your queries and regular follow-ups ensure the matters are resolved to satisfaction. I highly recommend Getground to anyone who has property in the UK and wants the best support.”
Graham
Buy-to-let investor
“The Getground service really makes the process of setting up and running a SPV company, and associated banking, a seamless easy process all for a low monthly fee. Support has always been on hand when needed with help for accounting submission etc. Highly recommend!”
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.”
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