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Land, in Fishergate Hill, £450,000
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Flat

Fishergate Hill, Preston, PR1
£450,000
Leasehold

This investment opportunity presents a block of 9 one-bedroom self-contained apartments in a prime city centre location, fully let on a long-term lease to a reputable Housing Company. The property offers a guaranteed rental income of £48,000 per annum, providing a reliable and stable return for investors. The apartments are modern and well-maintained, with each unit featuring its own kitchen and bathroom facilities, catering to the growing demand for affordable, self-contained accommodation in the area. With a remaining lease of approximately 5 years, investors can enjoy a low-risk and hands-off investment experience, with the Housing Company managing all aspects of tenant occupation. The property's desirable location, close to local amenities, schools, and public transport hubs, ensures high demand for the accommodation and excellent long-term growth potential.