1-bedroom flat · PR2 8FA
Listing removedListed 117 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We have this superb one bedroom first floor over 55's flat which has an unfurnished lounge and modern fitted kitchen with an electric cooker and fridge freezer.
There’s a single bedroom and a bathroom with three piece suite with a bath only.
Heating and hot water is included in the service charges The flat is fitted with alarm pull cords and sensor and these are monitored 24 hours a day, there is a lift that accesses all floors for any customers that have mobility issues.
There's a communal lounge, communal laundry and communal Wi-Fi for residents to use and pets are allowed at this scheme.
There's a car park to the front of the building and the bus stop is to the rear. The scheme is in the popular Fulwood area and there's an array of shops and supermarkets nearby.
This is a perfect flat for someone over 55 who wants to maintain independent living.
The weekly service charge is £92.63 with Ineligible charges of £12.95 p/w Two weeks rent is required upfront Council tax band A
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 Clifton House, Lucerne Road, Preston, Lancashire
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