Block Of Apartments, 53-55 Plungington Road, Preston, PR1 7EN
53-55 Plungington Road, Preston, PR1 7EN
Clarkson Holden Estate Agents (Fulwood)
3 Caxton Road, Fulwood
Description
ATTENTION INVESTORS - We have a fantastic 8 bedroom INVESTMENT OPPORTUNITY situated in a prime location with local amenities, UCLAN and Preston city centre, only a short walk away. The property is being sold with sitting tenants with the current occupancy 7/7.
Set over two storeys of spacious living accommodation (together with a large utility basement which is currently unused - but ripe for development).
The property briefly comprises;
Ground floor: entrance hallway leading to access to 4 double bedrooms with en-suites. Communal kitchen. Access to rear internal yard.
First floor: access via rear outdoor staircase, 4 large bedrooms (some of which are suitable for splitting in two and adding en-suites for additional income), communal kitchen, living area and communal bathroom.
Basement/cellar: Not currently developed.
Current Income:
The property currently achieves a gross rental income, at full occupancy, of an impressive £43,800 p.a.
Potential Development/Growth:
Turn the 1st floor bedrooms into 5x en-suite rooms, which would increase the gross income to approximately £51,300 p.a.
Develop the basement/cellar.
TO DISCUSS THIS IN MORE DETAIL AND TO ARRANGE A VIEWING, PLEASE CONTACT CLARKSON HOLDEN ESTATE AGENTS (PRESTON).
EPC Rating: E
Key Features
- 8 Bedrooms (4x En-Suite)
- Potential to Add Additional Bedroom(s) & En-Suites to First Floor
- Further Development Potential
- Basement/Cellar - Potential Development
- Fully Tenanted
- Close to University of Central Lancashire
- Close to Preston City Centre
Property Details
- Property type: Block Of Apartments
- Plot Sq Feet: 1,485 sqft
- Council Tax Band: E
Floorplans
Location
Properties you may like
By Clarkson Holden Estate Agents (Fulwood)
-
Langport Close, Fulwood, PR2 9FE
- 3 Beds
- 1 Bath
-
Dunnock Lane, Cottam, Preston, PR4 0NX
- 2 Beds
- 1 Bath
-
Lyndeth Close, Fulwood, Preston, PR2 9QY
- 4 Beds
- 3 Bath
-
Woodhall Lane, Ingol, PR2
- 3 Beds
- 2 Bath
-
Hoyles Lane, Cottam, Preston, PR4 0LD
- 5 Beds
- 3 Bath
-
Meadowbarn Close, Cottam, Preston, PR4 0AG
- 3 Beds
- 2 Bath
-
Lightfoot Lane, Fulwood, PR2 3LR
- 4 Beds
- 3 Bath
-
Sycamore Close, Fulwood, PR2 9NA
- 3 Beds
- 2 Bath
-
Fourfields, Bamber Bridge, Preston, PR5 6GS
- 3 Beds
- 3 Bath