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14 Balfour Road, Preston

Preston, United Kingdom

£155,000.00

Investment Type: BUY-TO-LET

Est. Completion: AVAILABLE

PROPERTY INFORMATION:

  • FULL ADDRESS: 14 Balfour Road, Preston PR2 3BX
  • Bedrooms: 3
  • Living room and dining room
  • Rear kitchen
  • Loft is boarded so could be converted into another bedroom
  • On-street parking
  • EPC rating: D

 

INVESTMENT INFORMATION

  • Purchase price: Offers over £155,000.00
  • Current rental: £875.00pcm
  • Gross rental income: £10,500.00 per annum
  • Freehold
  • 12 month tenancy
  • Current tenant moved in September 2023
  • Yield: 7.0%
  • Letting is currently managed by Highgate Homes, Preston
  • 10% monthly management fee

 

Reasons to invest in Preston:

Economic Growth: Preston has seen significant growth in its economy, with new businesses and industries establishing roots in the area.
Housing Market: The housing market in Preston has been growing steadily, making it an attractive location for real estate investment.

Transport Links: Preston is well connected by road, rail, and air, making it an attractive location for businesses and commuters alike.

Education: Preston is home to several renowned educational institutions, attracting students and contributing to the growth of the local economy.

Government Investment: The government has been investing heavily in the infrastructure of Preston, further contributing to its growth and making it an attractive investment opportunity.

Local Primary/Secondary Schools & Universities:
Primary Schools – St Joseph’s Catholic Primary School, Savick Primary School,Deepdale Community Primary School, Goosnargh Oliverson’s Primary School, Brookfield Community Primary School, Ribbleton Avenue Primary School.

Secondary Schools – Archbishop Temple School, Preston Muslim Girls High School, St Cecilia’s Catholic High School, Corpus Christi Catholic High School, Ribblesdale High School.

Colleges – Preston College, University of Central Lancashire, Myerscough College, Nelson and Colne College.

Transport Information:
Preston, PR2 3BX is located in the North West of England. The nearest major airport to this location is Manchester Airport, which is approximately 35 miles away.

For public transportation, the nearest railway station is Preston Station, which is located about 3 miles away from PR2 3BX. The station offers direct trains to Manchester, Blackpool, and London. Additionally, there are several bus stops near PR2 3BX, providing local and regional bus services.

Video - 14 Balfour Road, Preston

Contact Us

If you would like further details about Pure Investor or any of our property investment opportunities, please contact us using the form below or call us directly.

Any Questions?

Call: +44 (0) 161 337 3890

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Looking to Sell

Looking to sell your tenanted buy to let property?

Are you considering selling your property with sitting tenants?

Concerned about losing rental income, or paying expensive utility bills for 4-5 months whilst you sell? We specialise in selling properties with tenants in situ, often saving the landlord thousands of pounds in lost rental income.

  • Specialists in selling tenanted properties in the UK.
  • Database of over 30,000 experienced property investors, actively seeking tenanted properties to add to their portfolio.
  • Experienced in working with tenants and lettings agents to ensure smooth transition and good communication throughout.
  • Generate rental income right up to completion of sale and avoid expensive void periods during sales and legal process.

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