Kingswood says ..

Property Oracle says ..

This five-bedroom, five-bathroom property located on Spa Road in Preston City Centre presents a compelling investment opportunity. The interior is strikingly modern, exhibiting recent renovations that have created a stylish and contemporary living space. The kitchen in particular is an impressive feature with modern appliances, good storage, and a sleek design. The open plan living area provides an airy feel to the property, which further adds to its appeal.

The property’s location is a major asset. Its proximity to Preston city centre, UCLan, and the train station makes it highly convenient and attractive to both students and professionals, supporting its use as an Airbnb. Access to local amenities and reliable transport links is invaluable, enhancing the overall appeal.

However, the property’s limited outdoor space, as revealed in the external images, represents a noteworthy drawback. The small yard is primarily paved and might not meet the needs of all prospective buyers.

While the property’s interior appears well-maintained and renovated, some external upkeep (as visible on the front facade) is needed. It is advisable to undertake a thorough property survey to determine the overall structural condition and to understand any potential repair requirements.

The provided list price of £280,000 must be assessed within the context of the available data. There is a wide variation in prices for nearby properties, with some much lower, suggesting that the price may be on the higher end of the range. Nevertheless, the contemporary finishes and rental income potential indicate a return on investment to be considered. Buyers should seek professional advice on price justification considering the potential costs for additional maintenance.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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