Navigation Way, Preston

Property Description.

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.

Investment Information.

Property Address: 25 Victoria Mansions, Navigation Way, Preston PR2 2YY
Asking Price: £160,000
Number Of Bedrooms: 2
Number Of Bathrooms: 2
Tenure: Leasehold (999 Years from 1st January 1989)
Current Ground Rent & Service Charges: £1,239 paid every September and March
Council Tax Band: D
Tenancy: Tenanted
Tenancy Start Date: September 2023
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.
Current Rental Income: £925pcm
Annual Rental Income: £11,100
Yield: 6.9%
Parking Space: 1 designated space

Navigation Way, Preston - Key Points

Location

Preston, United Kingdom