Flat for sale in Preston PR1, 1 Bedroom

Kingswood are excited to bring to the market this exceptionally spacious and beautifully presented luxury apartment fully renovated and due to fully complete May 2019. This is a new development which has been turned around with investors in mind to get the highest yields available providing luxury apartment for professionals to enjoy a unique way living.

The Cannon Street apartments are a purpose built apartment block creating the next level of living including luxury Kitchen with integrated appliances and Bathroom with a Contemporary design with high specification luxury elegant furnishings in the bedroom and living area providing an enviably stylish abode.

These apartments are situated with 100 meters from Preston City Centre, Winckley Square Gardens, Fishergate and St Georges shopping centre. A short walk to Uclan and Preston train station.

This property provides the perfect base for young professionals, companies and students
Property and demand have changed over years particularly for professionals, students and those from overseas. Providing them purpose built apartments which are bespoke and include a high level of living is what they require and since planning The Cannon Street Apartments has had this in mind.

Property features

All apartments are newly refurbished and provide features as below

Living Room: -
Part carpets to living area with vinyl floor to kitchen area, double glazed contemporary windows, electric heating, spot lighting, painted walls and ceiling which contribute the luxury feel of living.

Kitchen: -
Gloss wall and base units, contemporary worksurfaces & splash back, stainless steel sink with mixer tap, integrated appliance fridge freezer, oven, hob, extractor fan, freestanding washer drier.

Bedroom:-
Carpets, double glazed contemporary windows, electric heating, spot lighting, painted walls and ceiling.

Bathroom: -
A three piece contemporary bathroom with ceramic wall tiles, bathtub and overhead shower, with glass shower screen, W/C & hand basin with vanity unit.

Communal Areas: -
The communal area has painted walls and ceiling, Led lighting, vynil floor, lifts for the disabled, aluminium entrance door, bin stores, cycle storage, surety entrance system, stair case to all floors.

Extras Available: -
Furniture packs can be purchased for addition costs which can include contemporary and modern stylist furnish such as three seater sofa, coffee table, media unit, small dining table, two dining chairs, two bedside tables, wardrobe, double bed & mattress, accessories including feature artwork, cushions, bedspread, standing lamp and bedside lamps are also available along with a window blind package also available.

Investor Key Features

Expected net rental yields from 5.49% for the one bedroom and 4.69% for the two bedroom
Managed Service
Great investment
New purpose built accommodation development.
The four storey development comprises a total of 15 apartments.
Below market value investments
Ground rent: £250 per annum
Service charge: £720 per annum
Manage Fee ( first year ): From £552 per annum

Payment information

£5000 reservation fee
Half on exchange
Remainder on completion

Property Key features

One Bed Apartment
Size: 44m² / 474 ft²
Apt: 12
Floor: Third floor
Gross rent: £6,900 per annum
Purchase price: £98,000

Bespoke kitchen with modern appliances
Spacious open plan living area
Contemporary bathroom
Double glazing
Electric heating
Furniture packs available
1 miles walk to uclan Campus.
100 meters to City Centre.
4 minutes walk to Preston Train Station.

Call Kingswood today to secure your place today. All viewing strickly through Kingswood.

Viewing
Preston City Centre Office: , Unit 8, Fishergate, Preston, PR1 2NJ
Fulwood Office: ,77 Watling Street Road, Fulwood, Preston, PR2 8EA

Disclaimer These particulars, whilst believed to be correct, do not form any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact. No person in this firm's employment has the authority to make or give any representation or warranty in respect of the property. All measurements quoted are approximate. Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.