Bridge Way, Preston PR5

Property Details: - Type: Detached bungalow - Bedrooms: 2 - Bathrooms: 1

Agent: Prime Property Auctions - Glasgow Phone: 0141 376 8640

<ul><li> PRIME NEW LISTING. We are excited to present this vacant 2 bed detached house located within a prime location in Preston.</li></ul> <br/> <br/><ul><li> *3, Stonebridge Close, Preston PR5 5YN sold for £274,000 in Jun 2017, 16, Townsway, Preston PR5 5YQ sold for £290,000 in Sep 2021*</li></ul> <br/> <br/><ul><li> This property offers an outstanding serviced accommodation opportunity. Local rates for similar 2-bedroom properties start at approximately £101 per night, promising substantial returns. With a 70% monthly occupancy rate, this unit could potentially achieve £2,150 PCM (£25,805 PA), yielding an impressive 14.3% gross return if purchased at the guide price.</li></ul> <br/> <br/><ul><li> The property will be sold vacant and is in immaculate walk-in condition. It is perfect for first-time buyers or families seeking a new home. Additionally, it appeals to savvy investors searching for an easily lettable property in a highly sought-after location.</li></ul> <br/> <br/><ul><li> Situated near a variety of local amenities, residents can enjoy nearby parks, restaurants, and coffee shops. The property is also close to schools and offers convenient access to public transport.</li></ul> <br/> <br/> <br/>PRIME NEW LISTING. We are excited to present this vacant 2 bed detached house located within a prime location in Preston. <br/> <br/> <br/> <br/>The property comprises a welcoming entry hallway, a cosy living room perfect for relaxation, a well-equipped kitchen, two spacious bedrooms providing ample comfort, a well-appointed toilet, and generous storage throughout. <br/> <br/> <br/> <br/>This property offers an outstanding serviced accommodation opportunity. Local rates for similar 2-bedroom properties start at approximately £101 per night, promising substantial returns. With a 70% monthly occupancy rate, this unit could potentially achieve £2,150 PCM (£25,805 PA), yielding an impressive 14.3% gross return if purchased at the guide price. <br/> <br/> <br/> <br/>The property will be sold vacant and is in immaculate walk-in condition. It is perfect for first-time buyers or families seeking a new home. Additionally, it appeals to savvy investors searching for an easily lettable property in a highly sought-after location. <br/> <br/> <br/> <br/>Situated near a variety of local amenities, residents can enjoy nearby parks, restaurants, and coffee shops. The property is also close to schools and offers convenient access to public transport. <br/> <br/> <br/> <br/>The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential. <br/> <br/> <br/> <br/>Excellent sales evidence in the area: <br/> <br/>*3, Stonebridge Close, Preston PR5 5YN sold for £274,000 in Jun 2017, 16, Townsway, Preston PR5 5YQ sold for £290,000 in Sep 2021* <br/> <br/> <br/> <br/>This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our "Offer NOW" button on our website. <br/> <br/> <br/> <br/>This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. <br/> <br/> <br/> <br/>For further details on how to have a bidding account created, please contact the team. <br/> <br/> <br/> <br/>Location <br/> <br/>Preston is a vibrant city known for its blend of history and modernity. With excellent transport links, cultural landmarks, and a thriving community, it offers a dynamic lifestyle for residents.