Flat 42, The Exchange, Pole Street, Lancashire, PR1 1DX
£145,000
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
430 sq ft
1 Bedroom
1 Bathroom
Tenanted
Tenure - Leasehold
Lease-length
250 years
Ground rent
£139
Service charge
£700.00 per year
Overview
GetGround is happy to present this tenanted investment opportunity in the hotspot town of Preston. The properties features 1 bedroom and 1 bathroom, as well as a kitchen diner. Within the building there is also a communal gym and a communal balcony making it stand apart from other developments in the area. 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 £145,000, offering excellent value for its location and modern features. With a yield of 5.8%, and strong capital growth of 6.2%, this investment is ideal for those seeking consistently high returns. To arrange a viewing and organise an in-depth financial analysis of this property's investment viability, connect with us directly using the options above.
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.”
Ricky
Buy-to-let investor
“Set up two companies so far to manage two properties via get ground. Very smooth process and have also had the first years accounts done too. Very simple process so far. Great for managing my small property portfolio.”
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.”
Meet the team