House For Sale Beech Street South, Preston, PR1

£160,000

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Last Updated: 18th April 2024

Description

Let’s be honest, this currently isn’t the best-looking place on the street or in this location.

However, in my opinion if you take it for what it is and with the right team add a sprinkling of imagination then you could end up with something quite special like the picture we have staged.

There is a wealth of options to realise the potential on offer.

The easiest of these would be to refurbish the building, allowing you to make the best of the existing square footage. The floor plan is currently of a one bedroom and a three-bedroom apartment.

In my opinion and subject to the necessary consents the building could be extended out and or up to create even more space or dwellings.

However, if a knockdown and rebuild is your sort of thing then the site also offers great scope for that. At 0.09 acres or 348.61 square metres the site is currently underutilized. Subject to the necessary consents a new larger block could be built giving a great return on your investment.

Maybe your bag is HMO’s? Again in my opinion there is great scope, subject to the necessary permissions, to make a multi bedroom unit producing very good income.

Beech Street South is a located within a short walk of the green open spaces of Avenham and Miller parks ad well as the city centre and train station. If your plan would be to refurbish or rebuild and rent, then the location alone would be a great draw for future tenants or buyers.

Do you have what it takes to realize the potential of this one? If so get in touch as we’d love to speak with you.\r
Council tax band: A
Agent Details
Michael Bailey, Powered by Keller Williams
29 Manor Avenue, Penwortham, Preston PR1 0XH

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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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