A great opportunity to buy a property in Preston. This property comprises 3 x 3 bedroom flats with parking and communal garden area.
The property is fairly run down but will make 3 very nice luxury or 6 basic apartments which could be sold on to a supported living provider.
This property is available exclusively to CREWFO members until the end of October 2020 before being released to the open market.
Available to buy now for £220,000 with a required spend of £25,000 on each unit to give a total spend of £295,000. Post renovation each unit would be marketed for £125,000 giving a profit of approximately £80,000. Alternatively, the three flats would offer an annual rental return in the region of £20,000
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