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Property details
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Property for sale in 53-55 Plungington Road, Preston

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Property for sale - 8 bedrooms

8 5 1

Tenure:

Freehold

Council tax band:

Utilities and more details

Property features

8 Bedrooms (4x En-Suite)
Potential to Add Additional Bedroom(s) & En-Suites to First Floor
Investment Opportunity
Further Development Potential
Basement/Cellar - Potential Development
Fully Tenanted
Close to University of Central Lancashire
Close to Preston City Centre

Property 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

Property info

Energy Performance Certificate (EPC) graph

Transport Schools Healthcare Food stores Restaurants/bars Sports/health clubs Parks/recreation

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Clarkson Holden Estate Agents, and do not constitute property particulars. Please contact Clarkson Holden Estate Agents for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.