Property features

• First-floor apartment with private garden
• Two double bedrooms
• Currently tenanted at £450 PCM, potential to achieve up to £750 PCM
• Immediate income from existing tenant
• Reliable and long-standing tenants
• Upside in rental income post-refurbishment
• Strong yield with potential for capital appreciation
• Long lease and no service charges
• Ideal buy to let
• Gas Central Heated
• Double Glazed
• Private rear garden
• Local agent is managing the property
• Potential market value after refurb: £125,000
• Great potential and can be high yielding
• Close to several local amenities and transport links
• Leasehold Property
• Video tour available

Summary

Kingsland Estates are delighted to offer this fantastic investment opportunity in the form of a spacious two bedroom apartment situated on the very sought after Holts Lane in Poulton-Le-Fylde. This is an ideal buy to let for investors looking to capitalize on strong capital growth potential through cosmetic updating. The first floor apartment consists of an entrance hallway, a large reception room, a kitchen with dining space, two double bedrooms and a family bathroom. Externally, there is a private, enclosed rear garden and on street parking is available. Further benefits include gas central heating and double glazing throughout the property. The property is currently tenanted and is achieving £450 PCM. The tenant is long standing, reliable and pays on time. Also, the tenant is happy to increase the rent to £600 PCM once the works have been done. He has been served S21 notice which expires on December 1st 2025. The property could potentially achieve circa £750 PCM. The property is currently managed by a local letting agent. The property is conveniently situated close to many local amenities and transport links. For further information or to book a viewing contact a member of our sales team directly.