1-bedroom flat · PR2 6JR
Listing removedReduced £30 (−4.1%) on 7 JulListed 133 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to this charming flat located on Grizedale Crescent in the desirable area of Ribbleton, Preston.
This modern property, built in 2010, offers a comfortable living space of 624 square feet, making it an ideal choice for individuals or couples seeking a convenient and stylish home.
Upon entering, you will find a well-proportioned reception room that provides a warm and inviting atmosphere, perfect for relaxation or entertaining guests.
The flat features one spacious bedroom, designed to be a peaceful retreat, ensuring a restful night’s sleep. The bathroom is thoughtfully appointed, offering both functionality and comfort.
The property is situated in a pleasant neighbourhood, with local amenities and transport links within easy reach, making it a practical choice for those who commute or enjoy the vibrancy of city life.
The modern design and layout of the flat ensure that it is both functional and aesthetically pleasing.
This flat presents an excellent opportunity with its contemporary features and prime location, it is sure to attract interest. Do not miss the chance to make this delightful flat your new home.
Please note this property has just had a decoration refresh and brand new carpets are currently being laid.
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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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
FAQ
About 51B, Grizedale Crescent, Preston
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