2-bedroom flat · PR2 8EA
For saleListed 19 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Charter Court is a ground floor apartment offering modern accommodation in a convenient location.
The property is well presented and may appeal to first-time buyers, professionals, downsizers and investors alike.
The apartment features a spacious open-plan living and kitchen area, with two windows providing good natural light. The fitted kitchen offers a range of storage units and work surfaces.
There are two bedrooms, including a generous principal bedroom, while the second bedroom could also be used as a guest room or home office.
The bathroom is fitted with a modern suite including both a bath and separate shower.
Externally, the property benefits from an allocated parking space and is well positioned for access to local shops, amenities, public transport links and major road networks.
A well-maintained apartment offering practical, low-maintenance living in an accessible location.
Leasehold information: Service Charge: 799 per year approx but not yet collected Length of the Lease: 999 years Start Date of the Lease: 01/01/2024 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 Charter Court, Watling Street Road, Preston
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