This brilliant example of a HMO briefly comprises of 4 good sized bedrooms, a bathroom equipped with three-piece suite, a newly decorated communal living area and a modern fully-fitted kitchen complete with appliances. Ample on street parking is available to the front of the property. <br /><br />Delacy Street is conveniently positioned close to plenty of local shops, supermarkets and amenities as well as being within easy reach of UCLan University, which is just a short 6 minute drive or 20 minute walk away. The Royal Preston Hospital is also just a 10 minute drive away. The city of Preston is also ideally located within a commutable distance to major cities like Manchester and Liverpool. Preston also boasts a high employment rate meaning there will always be a strong demand for rental properties in this location and with reasonable property prices and high rental yields, it’s no wonder it’s a property investment hotspot. <br /><br />Preston is one of the UK's fastest growing cities and the £450m City Deal is set to build on this and create 20,000 new jobs over the next 10 years, along with £20.9m awarded from the Towns Fund to regenerate buildings, provide leisure and cultural facilities - this will hopefully encourage economic growth in the town. Now is an exciting time to invest in Preston, so enquire today and don't miss out on this lucrative investment opportunity!<br /><br /> Financial Breakdown<br /><br /> Gross rent: £16,800 <br /> Lettings fees: £2,000 <br /> Net income: £14,800 <br /> Gross yield: 10.5% <br /> Net yield: 9.25% <br /> <br /> IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.<br /><br /> <br /> <br /> yieldit ref: YL-17436