1-bedroom flat · PR1 3TN
To rentReduced £45 (−6.5%) on 17 OctListed 35 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hazelwells are delighted to offer to let this refurbished 1 bedroom first floor apartment.
The accommodation comprises; communal entrance hallway, an open plan kitchen, dining, living room with double glazed window to the side, a fitted kitchen with integrated electric oven, hob, extractor fan, fridge, freezer & washer/dryer.
Double bedroom with a luxury tiled en suite shower room. Electric heating and double glazing, pre payment smart meter for utilities.
Located close to Avenham & Miller Parks, Winckley Square and a short walk to the Fishergate and train station. Early viewing is a must in order to appreciate the accommodation on offer.
Council tax band A EPC: C The Tenant Fees Act 2019 details which fees and payments a tenant may be liable for before, during and after a tenancy.
These include; - a) the rent; (rent paid monthly) - b) a refundable tenancy deposit; (up to 5 weeks rent) - c) a refundable holding deposit; (up to 1 weeks rent) - d) payments to change the tenancy; (up to £50 per change) - e) payments associated with early termination of the tenancy; (balance of rent / reasonable costs) - f) payments in respect of utilities, communication services, tv licence and council tax; (tenants are responsible for bills if these are not included within their rent) - g) a default fee for late payment of rent after 14 days (3% above the Bank of England's Base Rate for each day that the payment has been outstanding) and replacement of a lost key/security device (reasonable costs incurred) where required under a tenancy agreement.
Hazelwells is a member of Money Shield client money protection scheme, the myDeposits Alternative Dispute Resolution tenancy deposit protection scheme and is also a member of The Property Ombudsman redress scheme.
You can find out more details on our website at hazelwells.com/tenants or by contacting the agent directly.
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 Bairstow Street, Preston, Lancashire, PR1
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