15 Balfour Road, Preston

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.

PROPERTY INFORMATION:
-    FULL ADDRESS: 15 Balfour Road, Preston PR2 3BX
-    Property type: Mid terraced
-    Bedrooms: 3 double bedrooms
-    Living room and dining room
-    Galley Kitchen
-    Loft is boarded so could be converted into another bedroom
-    On street parking
-    New back door
-    EPC rating: E

INVESTMENT INFORMATION
-    Offers over: £150,000.00
-    Current rental: £625.00pcm
-    Gross rental income: £7,500.00 per annum
-    Freehold
-    Periodic tenancy
-    Current tenant moved in 19/03/2021
-    Yield: 5.0%
-    Possible yield: 6.0%
-    Letting currently managed by Highgate Homes, Preston
-    10% monthly management fee

15 Balfour Road, Preston - Key Points

Location

Preston, United Kingdom