2-bedroom flat · PR1 1JB
To rentListed 39 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hazelwells Preston are pleased to offer to let this 2 bedroom third floor apartment in the City Centre.
Open Plan living with modern fitted kitchen with integrated fridge, freezer, washer/dryer, oven & hob. Gas central heating, double glazing, lift access, parking space. Wood laminate flooring.
Available after 18th October 2026 EPC Band B Council tax Band B Just a short stroll from the vibrant centre of Preston which offers an abundance of quality restaurants, bars, night clubs and shopping malls.
It offers contemporary apartment living at its best, close to amenities, good road and rail networks. Close to the University. Viewing is highly recommended. Would suit professionals.
Accommodation: Communal Entrance Hallway Secure communal entrance with Intercom System, double glazed doors and windows leading to stairs & Lift. Hallway Laminate Flooring, Intercom System.
Lounge/Dining Kitchen 5.38 x 4.3 (17'8" x 14'1") Open Plan Lounge with Double Glazed Juliet Balcony doors, TV aerial point and radiator, two seater sofa, storage units, Table & chairs, desk.
The contemporary Kitchen offers a range of wall and base units and benefits from integrated fridge and freezer, washer/dryer, oven and hob. Recessed lighting, Double Glazed window and radiator.
Wood laminate flooring throughout.
Bedroom 1 4.38 x 2.87 (14'4" x 9'5") Double Glazed window to the front of the property and radiator, fitted wardrobes, double bed & mattress, bed side drawers, curtains.
Bedroom 2 3.73 x 1.97 (12'3" x 6'6") Double Glazed window to the rear of the property and radiator, desk, wardrobe, side table, blind.
Bathroom 1.9 x 1.66 (6'3" x 5'5") Tiled bathroom with pedestal wash hand basin, low level wc, bath with thermostatic shower and extractor fan, fitted wall unit.
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 City One,Preston,PR1. FURNISHED
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