West Cliff
Preston, Lancashire, PR1 8HXDescription
Offered for sale freehold is a well located block of five no. flats, fully tenanted and generating a rental income of £42,240 per annum at present—representing a reversionary investment opportunity. The flats are fully self-contained and finished to a modern standard, with gas central heating throughout.. Character property, forming part of a Grade II listing and located within the Fishergate Hill Conservation Area. The asking price represents a gross initial yield of 8.45% with asset management potential.
Offered for sale freehold is a well located block of five no. flats, fully tenanted and generating a rental income of £42,240 per annum at present—representing a reversionary investment opportunity.
The flats are fully self-contained and finished to a modern standard, with gas central heating throughout..
Character property, forming part of a Grade II listing and located within the Fishergate Hill Conservation Area.
The asking price represents a gross initial yield of 8.45% with asset management potential.