1-bedroom flat · PR2 8GL
For saleListed 61 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a popular and convenient residential location within Fulwood, this ground floor studio apartment offers an excellent opportunity for first-time buyers, professionals, investors or those looking to downsize.
With a practical open plan design and easy ground floor access, the property provides comfortable and low-maintenance living in a sought-after area.
The accommodation centres around a open plan living area which incorporates the lounge, dining space and kitchen, creating a versatile environment for modern living.
The layout is thoughtfully arranged to maximise the available space, providing clearly defined areas for relaxing, entertaining and everyday life.
The bedroom area offers comfortable accommodation and enjoys an open yet distinct position within the apartment, making the most of the property's efficient design.
A separate bathroom is fitted with a suite comprising bath, wash hand basin and WC.
The property benefits from its ground floor position, making it easily accessible while also enjoying a pleasant setting within this established development.
Residents can take advantage of nearby local amenities, shops, supermarkets and leisure facilities, together with excellent transport links to Preston city centre, the hospital, university and motorway networks.
Offering an attractive combination of convenience, affordability and practicality, this studio apartment represents an ideal purchase for a variety of buyers seeking a well-located home in the highly desirable area of Fulwood.
Leasehold information: Service Charge: £109.72 pm Length of the Lease: 990 Start Date of the Lease: 01/01/2026 Council Tax Information: Band A Agent Note In order to purchase a property in the UK, all estate agents are legally required to conduct identity checks on everyone involved in the transaction, in line with anti-money laundering regulations.
Farrell Heyworth outsource this process to a trusted third party, and a non-refundable charge will apply. Please contact your local branch for further details.
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
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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 The Paddock, Fulwood, Preston
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