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.”
Khalid
Buy-to-let investor
“Honestly the best overall company in terms of property investment - if you are starting new this you place. Also, the staff are very helpful and amazing!”
Michelle
Buy-to-let investor
“I've had a very streamlined and well supported experience starting a corporation through GetGround. I've been treated exceedingly well and couldn't be more pleased with how it has all come together. I would definitely recommend.”
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