West Cliff, Preston PR1

Property Details: - Type: Block of apartments - Bedrooms: 9 - Bathrooms: 5

Agent: eXp UK - North West Phone: 020 8128 5520

<p>Welcome to West Cliff — a rare opportunity to acquire a fully tenanted, freehold block of five apartments in a prime Preston city centre location. Situated immediately next to Preston Train Station, this well-maintained building benefits from exceptional demand from commuters, local professionals and long-term tenants.</p><p>The block consists of four spacious two-bedroom apartments and one well-proportioned one-bedroom apartment, all of which have been professionally managed and regularly maintained. The current owner has ensured all compliance, safety checks and repair works are consistently up to date, providing complete peace of mind for incoming investors.</p><p>The property is fully tenanted, producing a current gross yield of 7.3%, with rents that have not been increased for some time. Updated market rents indicate a potential gross yield of approx. 8.42%, offering an immediate value-add opportunity without the need for renovation.</p><p>Each flat benefits from a practical layout, good natural light and a clean internal condition, contributing to the long-term stability and zero void history of the building. The location — moments from the city centre, UCLan, transport links and major employers — supports exceptionally strong rental demand year-round.</p><p>Whether you're expanding an existing portfolio or looking for a high-performing, hands-off investment, 47 West Cliff offers security, stability and growth potential in one of Preston’s most reliable rental pockets. Early enquiries are encouraged.</p><p> </p><p>QUOTE REF SC1283</p>