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35 Bridge Way, Preston, PR5 5YJ

£180,000

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Detached Bungalow

Residential

35 Bridge Way, Preston, PR5 5YJ

2

bed

1

bath

1

reception

Rare Residential Opportunity

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Deadline for offers

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Description

  • PRIME NEW LISTING. We are excited to present this vacant 2 bed detached house located within a prime location in Preston.

  • *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**

  • 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.

  • 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.

  • 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.

PRIME NEW LISTING. We are excited to present this vacant 2 bed detached house located within a prime location in Preston.

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.

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.

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.

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.

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.

Excellent sales evidence in the area:

**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**

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.

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.

For further details on how to have a bidding account created, please contact the team.

Location

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.

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Deposit & Fee Calculator

10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£24,480

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.