We have this block of 3 x self contained one beds available in Preston. This is a good deal for those of you who are looking for a mixture of YIELD & APPRECIATION in a location which has been widely tipped by many in the property industry.
Freehold block investment generating a gross £14,400 p.a Full let and income producing from day one, the tenants have been in occupation for 5 years, 18 months and 9 months respectively.
An ideal hands off investment. We expect a NET income of roughly £729 to be available after mortgage and management deductions have been factored in.
This gives a NET ROI of over 22% per annum.
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Please Note: Property values can decrease as well as increase. No express or implied income claims are made herein. Historic performance should not be taken as a guarantee of future performance. Leveraged property investment with mortgage finance can increase the risk of losing money as well as increasing the possible gains.
Sherwood Estate Agency Ltd uses all reasonable efforts to ensure that the property information published on the website and in the investment packs and elsewhere are accurate, current and complete at the date of publication; no warranties or representations are made or implied as to the accuracy of such information.