This is a second floor two-bedroom apartment, ideally situated in a convenient residential location, close to Preston City Centre, Preston Community Hub - a welcoming and inclusive discounted food market and emergency lifeline, and New Hall Lane and its excellent range of amenities. The property represents an excellent opportunity for cash buyers looking for investment purchase to be sold with tenant in situ. The apartment is well maintained however could benefit from a repaint to freshen up.
The apartment is accessed via a secure communal entrance and opens onto a hallway leading to well-proportioned accommodation. The spacious living area offers a bright and comfortable environment for both relaxing and entertaining. The kitchen is well-equipped and includes an oven, fridge/freezer, washing machine and dryer. Both bedrooms are generously sized and offer versatile accommodation, ideal for a variety of uses including guest accommodation, a home office or additional living space. There is also a dehumidifier included in the sale.
Further benefits include the highly desirable advantage of a parking space. Combining spacious accommodation, modern presentation and an excellent location, this second floor apartment presents a fantastic opportunity for cash buyers. Early viewing is highly recommended to fully appreciate.
The apartment also benefits from replacement; Electric Combi Boiler installed June 2025 and RSBO consumer unit replaced June 2025. Carpets and floor coverings in the kitchen and bathroom were replaced early 2025.
Current rental income £625 pcm.
Leasehold information: Ground Rent Payable: Yes
Annual Ground Rent: £10
Service Charge: £753.50 per quarter
Length of the Lease: 125 years
Start Date of the Lease: 01/07/1986
Council Tax Information: Band A