2-bedroom flat · PR1 2AQ
For saleListed 3618 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Excellent investment opportunity with tenant in situ offering a 7.9% yield. Modern two bedroom ninth floor city centre apartment offering no chain delay and viewing highly recommended.
The accommodation briefly comprises; hallway, lounge / modern kitchen, two bedrooms and modern bathroom. Located in the heart of the city centre close to the regenerated Guild Hall quarter.
Double glazing and electric heating system. Call now to arrange your viewing. Leasehold. Hallway (0m x 0m) Wood panelled door to the front, electric radiator and storage cupboard.
Lounge / Kitchen (4.51m x 3.37m) Double glazed window to the front, range of wall and base units with complementary work surfaces, stainless steel sink and drainer, electric hob and oven with extractor, integrated washer, part tiled walls, tiled and laminate flooring, electric radiator.
Bedroom One (3.2m x 2.59m) Double glazed window to the side and electric radiator. Bedroom Two (3.45m x 3.03m) Double glazed window to the side and electric radiator.
Bathroom (1.96m x 2.19m) Modern three piece suite comprising; bath with shower over, wash basin, low flush wc, heated towel rail, part tiled walls and tiled flooring.
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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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 Flat, 40, Cubic, Preston
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