2 Bed Flat For Sale Navigation Way, Preston, PR2

£160,000- Flat

1 of 15
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Last Updated: 7th February 2024

Description

Property Description.\r
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Pure Investor brings to the market this fantastic first floor duplex apartment within the sought after Victoria Mansions development on Preston's dockland with secure underground parking. The generously proportioned accommodation is arranged over two floors and comprises of an entrance hallway, extensive fitted kitchen and great size lounge diner with French doors providing access onto the larger than average sun balcony. To the lower floor, there is a master bedroom with fitted wardrobes and en suite shower room, second double bedroom with fitted wardrobes and three piece bathroom suite. There is a delightful residents landscaped landing area with ornamental ponds. Excellent local amenities within the dockland development include shops, cinema, petrol station cafes and restaurants.\r
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Investment Information.\r
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Property Address: 25 Victoria Mansions, Navigation Way, Preston PR2 2YY\r
Asking Price: £170,000\r
Number Of Bedrooms: 2 \r
Number Of Bathrooms: 2\r
Tenure: Leasehold (999 Years from 1st January 1989)\r
Current Ground Rent & Service Charges: £1,239 paid every September and March \r
Council Tax Band: D\r
Tenancy: Tenanted \r
Tenancy Start Date: September 2023\r
Length Of Tenancy: 6 months, current tenant is a student and his course ends on July so landlord will most likely put the tenant on a rolling contract once the initial 6 months expires. \r
Current Rental Income: £925pcm \r
Annual Rental Income: £11,100\r
Yield: 6.5%\r
Parking Space: 1 designated space
Agent Details
Pure
Pure, The Forum, Tameside Business Park, Windmill Lane, Manchester, M34 3QS

Investment Analysis

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Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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