7-bedroom house · PR1 8QF
For saleReduced £50k (−7.7%) on 21 JunListed 239 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Full Description Freehold residential block of apartments, 5 self-contained apartments (4x 1bed, 1x 3bed apartments). Plus rentable basement. You can call the office on .
Please also complete the enquiry form on this website as all enquiries are responded within 1 hour.
This Block comes with £66,000 income per annum with a fully managed service, an Ideal investment opportunity to add to your growing portfolio or begin your property journey from anywhere.
This property represents an 12% Gross Yield. With very low maintenance costs and low operational costs.
Fully let on Assured shorthold 12-month tenancies to professional tenants, Previously operated as a serviced apartment business that grossed £120k per annum.
Fully Managed Investment Package As part of the purchase, the property includes a fully managed investment service, designed for investors who wish to own property remotely without the day-to-day management.
For 10 years it includes (for free): • Professional Letting Management – equivalent to a typical letting agent service (normally around 10% management fee).
This includes tenant sourcing, tenancy agreements, rent collection, deposit protection, inspections, and handling of any tenancy issues.
• Maintenance Management – access to our established local contractor network covering electrical, plumbing, general maintenance, cleaning and locksmith services.
All works are coordinated and managed locally on your behalf.
• Compliance Management – ensuring the property remains fully compliant with current regulations, including Gas Safety certification, EPC documentation, electrical eicr testing and fire safety requirements.
We will put in place all documentation for 10 year period.
• Refurbishment & Upgrade Support – should you wish to improve or upgrade the property, our local team can manage refurbishment projects and contractor coordination.
The property is currently 100% occupied, with an average letting period of approximately 14 days between tenancies, reflecting strong rental demand in the area.
Following completion, investors will receive access to an online management portal containing tenancy information, contracts and compliance documentation.
Remote access to the building CCTV system is also available. Investors will also receive a Quarterly Investor Report outlining rental income, maintenance activity and general market updates.
The team has been running this building for over 10 years experience delivering residential property management and investment support in the Preston.
This Block is next to Preston train station, with trains running to London Euston in 2 hours.
The very best location, with major upcoming multi-million-pound investments enhancing its value for decades to come.
A very good northern city investment, secured by amazing transport links to London and Edinburgh.
**enquiries** For all enquiries, viewing requests or to create your own listing please visit the Emoov website. If calling, please quote reference: S6173
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
FAQ
About 2 Fishergate Court, Preston, preston
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