6-bedroom flat · PR1 8RH
For saleReduced £25k (−19.2%) on 21 JunListed 437 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Fully Let High-Yield Investment Opportunity Fully let, six-bedroom purpose-built student flat, located within the immediate vicinity of University of Lancashire main campus.
With 6 en-suite bedrooms, communal kitchen and storage, EPC C rating, and leasehold tenure (150 years from 2005,130 years remaining), this property delivers robust income and strong long-term upside.
Key Benefits: - 100% Occupancy rate for study year 2025/2026, - Consistent demand from students - Highly convenient for University of Lancashire, City Amenities & Transport Links - Efficient, hands-off ownership with minimal management burden - Attractive Yields (~22%) Financial Metrics (Subject to Change): - Gross Rent: £28,800 p.a.
- Service Charge: £15,000 p.a. - Net Rent: £16,000 p.a.
- Sale Price: £130,000 - Gross Yield: ~22% Location Highlights: - Close to shopping, dining, entertainment, university facilities, including the new Student Centre and Engineering Innovation Centre.
- Excellent regional transport including Avanti West Coast, Transpennine, and Caledonian Sleeper services. For more information or to arrange a viewing contact Harper Mason Asset Management.
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 Unit B21, Leighton Street, Preston
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