1-bedroom flat · PR1 3JU
For saleReduced £10k (−7.7%) on 4 AugListed 119 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Whether you're buying your first home, looking for a city crash pad, or securing a smart buy-to-let investment with parking, this beautifully presented one-bedroom apartment delivers location, character and convenience in equal measure.
Positioned on one of Preston’s most attractive squares, the apartment enjoys a setting that puts everything within easy reach.
Independent cafés, popular restaurants, vibrant bars, shopping facilities and Preston Train Station are all just a short walk away, making day-to-day life effortlessly convenient.
The building itself makes an immediate impression.
A stunning communal entrance with sweeping staircase, stained-glass windows and period detailing creates a sense of grandeur rarely found in modern developments.
Inside, the apartment offers a practical layout designed around easy city living.
The bright living and dining space provides plenty of room to relax, entertain or work from home, while the separate kitchen offers excellent storage and workspace for everyday cooking.
The generous double bedroom creates a comfortable retreat away from the pace of the city, with space for additional furniture and home-working options if required.
The bathroom is equally well considered, featuring both a bath and separate shower to suit busy mornings and slower evenings alike.
For buyers seeking a first step onto the property ladder, a lock-up-and-leave city base, or an investment in a location that remains consistently popular, this apartment offers an outstanding combination of lifestyle, convenience and character Hallway (8'11 x 7'0) Kitchen (8'4 x 8'4) Living Room (15'4 x 12'10) Bathroom (8'4 x 6'4) Bedroom (15'4 x 9'5) Hallway (8'4 x 6'9)
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 12 a, 5 Winckley Square, Preston
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