Overview

ClicPad are delighted to present 56 West Cliff, a boutique development of restored and refurbished Georgian apartments, ideally located in the growing economy of Preston.

Given the prominent position of 56 West Cliff it is easy to see why it has achieved 100% rental occupancy since the apartments were renovated by the Developer and current owner of the building.

The apartments are all currently furnished. 3 of the apartments are fully furnished to be let out as a Short Term let. The other 8 have the essentials in there for tenants on a long term rental basis. One of the benefits of 56 West Cliff is the fact there are car park spaces. This is quite rare for a building so central and brings with it added value for both an income and future capital appreciation point of view.

Investment Highlights

• Invest from as little as £135,000
• 11% Net rental yields achievable via short term lets
• Allocated car parking space included
• Fully furnished throughout
• Just 2 Minutes to the nearest train station

Investment Breakdown

• Leasehold: N/A
• Ground Rent: Zero
• Service Charge: N/A
• Fully Completed Development

Market Key Facts

• House prices in Preston have increased by 19.56% in the last five years.
• Preston has easy access to the M6, M61, M65 and the M55, all key Northern motorways.
• The University of Central Lancashire is based in Preston and supports 40,000 staff and students.
• Preston is only 40 minutes from Manchester and 50 minutes from Liverpool by direct train.
• Invest From Only £135,000
• Earn 11% Net Rental Yields
• Short Term Lets Approved
• Allocated Parking Included As Standard
• Just 2 Minutes To The Nearest Train Station

Price range:

1 Bedroom £135,000

511 sqft

Earn 11% Net Rental Yields

Short Term Lets Approved

Payment Plan

Complete a reservation from to secure the unit and provide Certified

ID, Proof of Address & Proof of Funds.

Pay a £2,000 non-refundable reservation fee

ClicPad broker fee 5% on exchange

Solicitors instructed

Balance due on completion cash or mortgage (less reservation fee paid)