The Room Apartments | Preston | PR1 2QF

£100,000

A great opportunity to own an investment property in the heart of Preston city centre.

The Room apartments are well known for modern, luxury city center living.

A well maintained and well sized first floor one double bedroom apartment situated in the heart of Preston City Centre, Preston Bus station and train station, close to local amenities and other transport facilities. Literally a stone throw away from Uclan and walking distance to city centre.

The property which has the benefit of economic electric heating and comprises a large open plan lounge/kitchen with appliances, double bedroom, three piece bathroom and balcony.

Car parking space included and is returning additional income.

The property is furnished and also comes with double glazed windows and electric heating.

INVESTOR INFORMATION

For an investor it provides a yield of approx 8%

The property is currently rented on an AST contract with tenant in situ till June 2021.

rental income approx £8400 per annum

Car parking available.

Service charge 2020:approx £80 per month

Ground rent 2020:approx £250 per annum to be confirmed

Lease 125 years from 2008 estimated.

Hallway
Light and airy hallway with laminate flooring, painted walls and central ceiling lights and access to all rooms.

Open Plan Lounge and Kitchen (7.5 x 3.3 m - 24′7″ x 10′10″ ft)
Spacious open plan living and kitchen area with painted walls, spot lighting, carpet area, double glazed upvc door with blinds leading out to the balcony and electric wall heaters. Kitchen area has a vinyl flooring area, wall and base units, contrasting laminate work top and upstands, under unit lighting, built in appliance fridge freezer, hob, oven, washing machine, dishwasher stainless steel sink, and spot lighting.

Bedroom One (5.1 x 2.7 m - 16′9″ x 8′10″ ft)
Central ceiling light, painted walls, double glazed window with roller blinds, electric wall heaters, carpets and wardrobe.

Bathroom (2.2 x 1.8 m - 7′3″ x 5′11″ ft)
The three piece bathroom suite includes WC, sink and bath with shower over. The room has part-tiled walls with a fully tiled floor, and also contains a heated chrome towel rail to the side wall.

Viewing
Preston City Centre Office: 01772 88 65 55, Unit 8, Fishergate, Preston, PR1 2NJ Fulwood Office: 01772 71 71 81, 77 Watling Street Road, Fulwood, Preston, PR2 8EA mail@kingswoodproperties.co.uk www.kingswoodproperties.co.uk

Disclaimer
These particulars, whilst believed to be correct, do not form any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact. No person in this firm's employment has the authority to make or give any representation or warranty in respect of the property. All measurements quoted are approximate. Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.


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Photos

Floorplan

EPC

Maps

Street View

Brochure

Under the Property Misdescription Act 1991 we endeavour to make our sales details accurate and reliable but they should not be relied upon as statements or representations of fact and they do not constitute any part of an offer of contract. The seller does not make any representations to give any warranty in relation to the property and we have no authority to do so on behalf of the seller. Services, fittings and equipment referred to in the sales details have not been tested (unless otherwise stated) and no warranty can be given as to their condition. We strongly recommend that all the information which we provide about the property is verified by yourself or your advisers. Under the Estate Agency Act 1991 you will be required to give us financial information in order to verify you financial position before we can recommend any offer to the vendor.

For sale

Apartment / Flat
1 bedroom(s)
1 bathroom(s)
1 receptions

Features

  • Chain Free , Priced To Sell , Ideal Investment Opportunity , Shops And Amenities Nearby, Close To Schools And Motorways, City Centre Location, Apartment , 1 Bedroom , 1 Reception Room, Three Piece Bathroom, Fitted Kitchen, Residents Parking, Double Glazing, Prime Investment Opportunity, Prime Position, Modern Three Piece Bathroom, Must Be Seen

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