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About this property

Prime Investment Opportunity | Two-Bedroom Apartment

An excellent addition to any buy-to-let portfolio, this modern two-bedroom apartment is situated in the heart of Preston. Offering a "hands-off" investment start, the property is being sold with a tenant in situ, providing immediate rental income from the day of completion.

Tenant in situ currently generating £500 per month (£6,000 per year).

Located offering easy access to Preston City Centre, the University of Central Lancashire (UCLan), and local transport links.

The apartment is designed with a neutral palette and briefly comprises of; hallway, open plan lounge / dining kitchen which is the heart of the home, perfect for relaxing or entertaining and fully fitted with contemporary units and integrated cooking appliances.

Two well-sized bedrooms boasting fitted wardrobes in both rooms and a modern three piece bathroom.

There is also an allocated parking space with the apartment.

Viewing highly recommended.



Hallway
Wood panelled door and electric radiator.

Lounge / Dining Kitchen
5.80m x 4.36m
Fantastic open plan living space comprising; double glazed french doors with juliet balcony, range of wall and base units with complementary work surfaces, stainless steel sink and drainer, electric hob and oven with extractor, integrated fridge and freezer, washer, part tiled walls, laminate flooring and two electric radiators.

Bedroom One
3.29m x 3.24m
Double glazed window to the rear, fitted wardrobes and electric radiator.

Bedroom Two
3.28m x 2.52m
Double glazed window to the rear, fitted wardrobes and electric radiator.

Bathroom
2.94m x 1.50m
Modern three piece suite comprising; bath with shower over, wash basin, low flush wc, part tiled walls, tiled flooring, heated towel rail.

Parking
Allocated parking space.

Council Tax Band Tenure
We have been advised by the seller that the Council Tax Band is Band A and the Tenure is Leasehold.

Room details

  • Hallway
    Wood panelled door and electric radiator.
  • Lounge / Dining Kitchen 5.80m x 4.36m
    Fantastic open plan living space comprising; double glazed french doors with juliet balcony, range of wall and base units with complementary work surfaces, stainless steel sink and drainer, electric hob and oven with extractor, integrated fridge and freezer, washer, part tiled walls, laminate flooring and two electric radiators.
  • Bedroom One 3.29m x 3.24m
    Double glazed window to the rear, fitted wardrobes and electric radiator.
  • Bedroom Two 3.28m x 2.52m
    Double glazed window to the rear, fitted wardrobes and electric radiator.
  • Bathroom 2.94m x 1.50m
    Modern three piece suite comprising; bath with shower over, wash basin, low flush wc, part tiled walls, tiled flooring, heated towel rail.
  • Parking
    Allocated parking space.
  • Council Tax Band Tenure
    We have been advised by the seller that the Council Tax Band is Band A and the Tenure is Leasehold.

Key information

Council Tax Band: A

Tenure: Leasehold

Leasehold Information:

  • Number of years left on lease: 230 years
  • Annual service charge: £1,051
  • Annual ground rent: £150
  • Annual ground rent review period: Contact branch
  • Ground rent increase: Contact branch

  • Utility supply:

    • Electric: Mains Supply
    • Water: Mains Supply
    • Heating: Double Glazing
    • Electric: Ask agent
    • Broadband: Ask agent
    • Sewerage: Mains Supply

    Rights and restrictions:

    • Private rights of way: Ask agent
    • Public rights of way: Ask agent
    • Listed property: Ask agent
    • Restrictions: Ask agent

    Risks:

    • Flooded in last 5 years: Ask agent
    • Flood defences: Ask agent
    • Source of flood: Ask agent

Energy Performance Certificate

EPC
  • Property responsive
    New Hall Lane, Preston, Lancashire, PR1 2 flat
    £
    £
    £
    Years
    %
    * Estimated monthly repayment: £...

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    *Please be aware, these results are for illustrative purposes only and should not be considered as a mortgage quote. These are based on a repayment mortgage and may vary depending on the term and interest rate of your mortgage. Lender fees may also be applicable. If you would like guidance on the right mortgage for you, we recommend speaking to a Countrywide Mortgage Services Consultant who will be more than happy to help.

    †The 4.7% annual interest rate is based on the Connells Group average mortgage interest rate taken from the period of 01/01/2024 – 31/12/2024 and is correct as at 13/02/2025.

Agent details

Preston
    13-14 Chapel Street
    PRESTON
    Lancashire
    PR1 8BU
Phone Icon Icon set Phone 01772804285

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Sales: Entwistle Green is a trading name of Countrywide Estate Agents Limited, Registered in England Number 00789476. Registered Office Cumbria House, 16-20 Hockliffe Street, Leighton Buzzard, Bedfordshire, LU7 1GN.
Lettings: Entwistle Green is a trading name of Countrywide Residential Lettings Limited, Registered Office: Cumbria House, 16-20 Hockliffe Street, Leighton Buzzard, Bedfordshire, LU7 1GN. Registered in England Number 02995024. Countrywide Residential Lettings Limited is a member of and covered by the ARLA Propertymark Client Money Protection Scheme. Countrywide Residential Lettings Limited is an agent and subsidiary of Countrywide Estate Agents Limited, Registered in England Number 00789476, Registered Office: Cumbria House, 16-20 Hockliffe Street, Leighton Buzzard, Bedfordshire, LU7 1GN. Countrywide Estate Agents is an appointed representative of Countrywide Principal Services Limited which is authorised and regulated by the Financial Conduct Authority FRN 301684. VAT number 500 2481 05.

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