1-bedroom flat · PR1 8QU
For saleReduced £3k (−3.6%) on 1 JulListed 407 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Attention first time buyers and investors.
This gorgeous character packed apartment in a Grade 2 listed building and close to Preston city centre is a perfect first step on the property ladder for a first time buyer or a superb buy to let investment to add to an investors portfolio.
With everything that the city centre offers on the doorstep, the location could not be any better.
Situated in a beautiful character Grade 2 listed building, this lovely apartment will impress you as soon as you enter it. In move-in condition, it is a real credit to the current owner.
It consists of a hallway, lounge, kitchen, bedroom and a bathroom. The lounge is so light and spacious and is such a lovely comfortable living room.
It has some lovely character features with coving and a high ceiling and has the kitchen leading off it.
The bedroom is just as characterful as the rest of the apartment with a built-in storage cupboard and the decoration and style of the room is in keeping with the property.
To finish off the apartment perfectly there is a modern bathroom.
The communal areas are very well maintained and the communal hallway leading up to the apartment has plenty of character features in keeping with the age and style of the building.
The location of the apartment could not be better.
Preston city centre with all the bars, restaurants, cafes and shops is a short walk away as well as there being Preston train station on the doorstep.
Externally there is a paved courtyard at the rear and street parking permits are available. This is a leasehold property.
Length of lease - 982 years remaining Ground rent - £150 per annum Service charge - £2000 per annum Council tax band - A EPC rating - D We are expecting a lot of interest in this apartment as it suits both first time buyers and investors so call to arrange a viewing as soon as possible to avoid missing out on it.
Please contact Kingswood. Fulwood Office: Watling Street Road, Fulwood, Preston, PR2 8EA Disclaimer: These particulars, whilst believed to be correct, do not form any part of an offer or contract.
Intending purchasers should not rely on them as statements or representation of fact.
No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. All measurements quoted are approximate.
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
Entrance Hallway (3.82m x 1.06m) Entrance door, two ceiling light points and coving.
Lounge (4.13m x 4.02m) Ceiling light point, coving, single glazed window, electric radiator and a door leading through to the kitchen.
Kitchen (2.92m x 1.72m) Ceiling light point, wall and base units with contrasting work surfaces, electric hob, extractor, built-in oven, space for washing machine and a sink / drainer.
Bedroom 1 (3.63m x 2.13m) Ceiling light point, single glazed window and a built-in wardrobe.
Bathroom (2.34m x 1.75m) Ceiling light point, bath with shower over, low level WC, hand wash basin and a heated towel rail. External At the rear of the building there is a paved yard.
Disclaimer These particulars, whilst believed to be correct, do not form any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact.
No person in this firm's employment has the authority to make or give any representation or warranty in respect of the property. All measurements quoted are approximate.
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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 2, Fishergate Hill, Preston
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