5-bedroom flat · PR1 1DL
Let agreedReduced £1 (−0.2%) on 21 JunListed 728 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description This 5 en suite bedroomed flat is located on the first floor, with a great sized lounge and kitchen/diner.
The Jazz Bar is a high spec recently refurbished building and is located a few steps from the bars, shops and restaurants on Fishergate, and within a short walk to Uni.
All utilities, high speed wifi and free use of the laundry room and games/fitness room are included in the rent. This flat is located on the first floor.
All bedrooms have double beds, en suite shower room with vanity, lots of fitted wardrobe space. All bedrooms have a desk, executive style chair and bookshelves.
The flat has an open plan lounge/kitchen with wooden floors, ample high gloss white cupboards, two fridge/freezers, oven, hob, microwave convection and dishwasher.
There is a breakfast bar with seating for six, leather sofas, coffee table, comfy chairs, and a large flat screen Freeview TV. Deposit: £150
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 Jazz bar 2nd floor flat 5, Preston
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