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See how verdicts work1-bedroom flat · PR1 3NU
For saleListed 76 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Preston is a city on the up, with numerous regeneration projects transforming the city and creating countless employment opportunities.
This increase in opportunities has seen an influx of young professionals moving to the city in need of high-quality rental properties.
Demand for small cities like Preston surged between 2020 and 2022, and this is expected to continue.
Preston, the 3rd largest city in the Northwest, and is fast becoming one of the UK?s most attractive investment hotspots.
However, the window of opportunity is small, estate Agents reported the lowest levels of rental stock last year, with demand far outstripping the supply.
Park House Park House is the latest edition to the booming Preston rental market.
This high-quality residential conversion in the affluent PR1 postcode district will provide 35 self-contained, 1-bedroom apartments in the heart of the city centre that will help combat the ever-increasing tenant demand in the city.
Located in the heart or Preston city centre, it?s clear these apartments will be in high demand.
At the moment we?re at the pre-launch phase and this is an opportunity to lock in desired units ahead of the launch. Developments in Preston city centre with such a location are not easy to find.
We only have limited units available, so we advise investors to act quickly to get first pick on the best apartments.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About Flat 4 Park House, 58-60 Guildhall Street Preston, England
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