2-bedroom flat · PR1 8QT
To rentListed 25 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference: 3060382. Spacious Two-Bedroom Duplex Apartment, Waltons Parade, Preston with parking.
A beautifully presented and exceptionally spacious two-bedroom duplex apartment, set within an attractive period building that has been thoughtfully converted into a development of apartments.
The property offers a particularly generous amount of living accommodation, duplex layout, with the main living space and kitchen on the ground floor and the bedrooms positioned on the lower level.
On entering via the main communal entrance at ground-floor level, you are welcomed into a spacious open-plan living area with plenty of room for both relaxing and dining.
The integrated kitchen provides a practical and modern cooking space while maintaining the open feel of the room. Stairs lead down to the lower level, where there are two bedrooms and the bathroom.
The master bedroom is particularly large, offering excellent space for a double bed, wardrobes, additional furniture and even a study or dressing area.
The second bedroom is more compact and would make an ideal home office, dressing room or occasional guest room.
The apartment is offered part furnished, providing flexibility for tenants to make the space their own.
A further benefit is the allocated parking space, with access to the rear car park from the lower level.
Key features Spacious two-bedroom duplex apartment Large master bedroom Second bedroom ideal as a home office or guest room room Generous open-plan kitchen/living space Integrated kitchen appliances Modern bathroom Part furnished Allocated parking space included Access to secure rear car park Attractive period building converted into a small residential development Clean, spacious and well-presented throughout Excellent amount of living accommodation Central Preston location Short walk to train station Location The property is situated on Waltons Parade in central Preston, within easy walking distance of the city centre.
Preston railway station is exceptionally close, making the property particularly convenient for commuters.
The location also provides easy access to Preston's shops, cafes, restaurants, bars and other city-centre amenities, while the main bus and transport links are also nearby.
In short, this is a genuinely spacious duplex apartment offers more living space than a typical city-centre flat, combined with two bedrooms, allocated parking and an excellent central Preston location.
Summary & Exclusions: - Rent Amount: £900.00 per month (£207.69 per week) - Deposit / Bond: £1,038.46 - 2 Bedrooms - 1 Bathrooms - Property comes furnished - Available to move in from 03 October 2026 - Maximum number of tenants is 2 - Students welcome to enquire - No Smokers - Bills not included - Property has parking - No Garden Access - EPC Rating: E If calling, please quote reference: 3060382 Fees: You will not be charged any admin fees.
** Contact today to book a viewing and have the landlord show you round! ** Request Details form responded to 24/7, with phone bookings available 9am-9pm, 7 days a week.
OpenRent endeavours to make all property particulars as accurate and reliable as possible, however if you require any further clarification or information please contact us.
When applying for a tenancy using the Rent Now process, you will be required to pay one month's rent and any deposit before moving in.
This will be paid to OpenRent and released to the landlord once you have moved in. With OpenRent there are no administration fees to pay.
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
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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.
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About Flat, Station Terrace Waltons Parade, Preston
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