We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · PR1 3AS
For saleListed 370 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This modern industrial style apartment is split into two levels, the first floor comprising of two bedrooms - one master, one guest, with a dressing room and en-suite to the master, as well as separate bathroom.
The upper floor is completely open plan offering a large high vaulted space with Kitchen/diner and lounge/entertaining space, along with a balcony offering views towards Preston's prestigious Winckley Square.
The apartment also has private allocated secure parking underneath the accommodation, in the City Centre. This property would be ideal as a rental, city base or as an Air bnb opportunity.
Property is Leasehold. Viewing is highly recommended by calling and quoting JB0397 Entrance Hallway Video call entry system. Industrial style polished cement flooring.
Storage cupboard housing water tank/meter. Wood staircase leading to upper floor Open Plan Lounge/Diner/Kitchen - 10m x 4.76m (32'9" x 15'7") Open plan living at its best!
Exposed brickwork, High ceilings and stunning 'A frame' beam feature.
Kitchen/Dining area comprising of laminate worktop, Zanussi dishwasher, AEG fan assisted oven, AEG induction hob and AEG extractor hood. Velux windows. Lounge area with feature lighting.
Polished concrete floors.
Fully glazed rear wall with sliding doors opening out to a balcony with views to Winkley Square Master Bedroom - 3.94m x 2.56m (12'11" x 8'4") Shuttered window to front with architectural period building views.
Carpeted. Feature exposed brick walls. Dressing room with rails and storage.
Ensuite Master Ensuite - 2.4m x 1.3m (7'10" x 4'3") Ensuite to Master Bedroom comprising of tiled walk in shower cubicle, low level close back WC and wall mounted wash hand basin. Part tiled walls.
Fhtr Guest Bedroom - 3.23m x 2.55m (10'7" x 8'4") Shuttered window to front with architectural period building/city centre views. Carpeted.
Feature exposed brick walls with industrial features Bathroom - 1.96m x 1.7m (6'5" x 5'6") Three piece white suite comprising of panelled bath with mains operated shower overhead and tiled splashback, low level close back WC and wall mounted wash hand basin.
Part tiled walls. Fhtr. Tiled floor. Mirrored wall Balcony/External/Parking - 4.62m x 1.28m (15'1" x 4'2") Paved private balcony with views to Winckley Square. Accessed via glazed sliding doors.
External power point and lighting. The apartment has an underground private, secure parking space beneath the apartment
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
.png){kind=logo}
FAQ
About The Union Lofts,Apartment 18, 50 Guildhall Street, Preston
Explore nearby
