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Five-bedroom end of terrace house investment

Preston, PR1 - Get Access

5 bed

Description

Situated off St. Thomas’ Road, close to local shopping facilities and a short drive from the amenities available in Preston City Centre including Preston Train Station. Moor Park is also nearby. An end of terrace house arranged to provide five letting rooms with accommodation arranged on two floors comprising first floor letting rooms, ground floor letting rooms, and a yard at the rear. Subject to a lease to Cedar Care Group CIC expiring 18th November 2044. Current rent reserved £26,591.75 per annum. Leasehold for a term of 999 years from 8th December 1885, thus having approximately 858 years unexpired.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
High confidence Floor Area: 883 sq ft (EPC)

This end-of-terrace Victorian-era property off St. Thomas' Road in Preston was valued by examining local terraced house sales and adjusting for its fair external condition and long-term corporate lease encumbrance. Floor area was referenced from EPC data at 883 sq ft.

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