6 Weeks Completion Available (or sooner).

A Long Leasehold mid-terrace house producing £20,455.29 per annum.

internally arranged as four letting rooms which is subject to a lease to a care group until 18 November 2044 and is located on the east side of Philips Road in Preston, with Moor Park to the north, Preston city centre and its shops and amenities to the south, Preston station approximately 1.2 miles to the south, and the M6 motorway to the east. The stated rental value is £20,455.29; and any rent arrears are to be assigned to the buyer on completion.

St Philips Road is set in an established urban part of Preston, with the city centre 0.6 miles away and Preston (Lancs) station 1.1 miles away for wider rail connections. Everyday shopping is easy to manage with Iceland, Tesco and Morrisons all nearby, while Chaii Stop, Costa Coffee and The Moorbrook Inn provide convenient local places to eat and meet. Schooling is well represented with Deepdale Community Primary School and Moor Park High School and Sixth Form both close by, and the University of Central Lancashire is also within reach. Practical day-to-day services are equally well covered, including Dr Ali Guttridge Medical Centre, a hospital, post office, petrol station and leisure facilities in the surrounding area.

Altogether, this is a well-located Preston terrace with an established tenancy and a strong long lease, offering a straightforward addition to an investment portfolio.

• 4 bedroom terraced house

• Leasehold with 856 years remaining on lease

• Income producing £20,455.29

• Flexible two-storey layout

• Reception room and separate kitchen

• Close to Preston city centre

• Near Preston (Lancs) station

• Well-served urban setting