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See how verdicts work2-bedroom flat · PR1 8PW
For saleReduced £5k (−4.8%) on 15 SepListed 229 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market with no chain delay, this purpose-built ground floor apartment presents a fantastic opportunity to acquire a well-proportioned home in an exceptionally convenient location, providing excellent access into Preston City Centre along with a wide range of local amenities, transport links, and everyday facilities.
Set within a well-maintained development, the property benefits from a secure communal entrance with an intercom entry system, providing both convenience and peace of mind.
Once inside, a private entrance hallway welcomes you into the apartment and gives access to all principal rooms, creating a practical and comfortable layout suited to a variety of buyers.
The apartment is well presented throughout and offers generous room sizes, making it ideal for first-time buyers, professionals, downsizers, or investors alike.
A particular highlight is the spacious L-shaped living and dining room, which provides a flexible and inviting living space.
With ample room for both relaxation and dining, it is perfectly suited for entertaining guests or simply enjoying everyday living.
The modern fitted kitchen is thoughtfully arranged with a good range of units and work surfaces, offering practical functionality for daily use.
While already perfectly serviceable, it also offers the opportunity for a little updating or personalisation to suit individual tastes, allowing buyers to add their own touch over time.
The principal bedroom is a comfortable and well-proportioned room and benefits from the added luxury of its own private three-piece en-suite shower room, creating a convenient and private retreat.
The second bedroom is also a good size and highly versatile, making it suitable as a guest bedroom, home office, dressing room, or hobby space depending on your needs.
Completing the accommodation is a modern three-piece bathroom suite, finished in a contemporary style and serving both the second bedroom and visiting guests.
One of the most appealing features of this property is its rarely available ground floor position, which provides the added advantage of direct access to an outdoor garden or patio area.
This offers an enjoyable space for fresh air, light gardening, or relaxing outdoors-an increasingly sought-after feature in apartment living.
Externally, residents also benefit from communal parking, ensuring convenient access for homeowners and visitors alike.
Combining space, practicality, and a superb location, this apartment represents an excellent opportunity to purchase a comfortable and well-located home with the added benefit of outdoor access and no onward chain complications.
These particulars, whilst believed to be correct, do not form any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact.
No person in this firm's employment has the authority to make or give any representation or warranty in respect of the property. All measurements quoted are approximate.
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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.
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FAQ
About Apartment 18, Old School Square, Preston
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