3-bedroom flat · PR1 1AX
Listing removedListed 131 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
HG Premier Lettings are delighted to offer this exceptional three-bedroom, two-bathroom furnished apartment located within The Exchange, one of Preston’s most sought-after modern developments.
Set in the heart of the city centre and just a short walk from the bus station, this apartment combines style, comfort, and convenience in equal measure.
Situated on a high floor within this contemporary building, the apartment offers a generous layout with a spacious open-plan kitchen, dining, and living area – perfect for entertaining or unwinding after a long day.
The living area is furnished with a comfortable sofa, armchair, dining table and chairs, while the kitchen features sleek cabinetry and integrated appliances, including oven, hob, extractor fan, and fridge/freezer.
There are three double bedrooms, each thoughtfully furnished with beds, wardrobes, and bedside tables. The neutral décor and natural light make the space feel bright, warm, and inviting.
The property includes two stylish bathrooms, each fitted with modern white suites comprising WC, hand basin, and bath with overhead shower and screen.
These bathrooms are perfect for shared living, providing extra flexibility and comfort.
Additional benefits include: Fully furnished throughout Three spacious double bedrooms Two modern bathrooms Open-plan kitchen/living/dining space Integrated kitchen appliances Secure fob entry system Electric heating and double glazing Access to on-site residents’ gym Rooftop garden with fantastic views Stylish residents’ lounge for work or socialising On-site concierge service Bike storage available Location The Exchange is ideally positioned in Preston’s thriving city centre, within walking distance of shops, restaurants, coffee spots, and green spaces.
The nearby bus station ensures excellent local and regional transport connections, making it a superb location for city-based professionals and sharers alike.
Modern, spacious apartments like this rarely become available — especially with two bathrooms and full furnishing included.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About The Exchange, Percy Street, Preston
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