The Exchange Pole Street, Preston, PR1 1DX
£225,000
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
0 sq ft
2 Bedrooms
1 Bathroom
Tenure - Leasehold
Lease-length
250 years
Ground rent
£1
Service charge
£1,192.00 per year
Overview
Sq Footage TBC. This 2-bedroom apartment located in The Exchange, Preston, is listed for £225,000 with a 6.2% gross yield based on an expected annual rent of £13,800. The property is currently vacant and available for a buy-to-let strategy. It benefits from a 250-year lease, a service charge of £1,192 per annum, and a peppercorn ground rent. The property’s market rent is £1,150 per month, offering a net cashflow of £446 per month, or £5,352 annually. The apartment is well-positioned in a growing area, with easy access to local amenities and transport links.
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.”
Mala
Buy-to-let investor
“Very good service and easy to use for your BTL journey and the best part is you can do big transactions without any hessle. Highly recommend GetGround services to anyone want to start their BTL journey.”
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.”
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