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See how verdicts work2-bedroom flat · PR1 3SE
For saleListed 12 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Investment Opportunity with Tenant in Situ – Modern 12th-Floor Apartment with Stunning Views Situated on the 12th floor of the popular Sandown Court development in Preston, this modern and well-proportioned apartment offers an exceptional opportunity for buy-to-let investors looking for an immediate return.
The property comes with a reliable tenant currently in situ, generating a steady rental income of £5,820 per annum.
Boasting an elevated position high above the city, the apartment benefits from fantastic, far-reaching views that stretch across the surrounding area.
The internal layout is bright, practical, and thoughtfully designed to maximise space and comfort.
Accommodation briefly comprises a welcoming entrance hallway leading into a spacious lounge and diner, creating a comfortable living area that takes full advantage of the impressive height and views.
Adjoining this is a modern fitted kitchen alongside a dedicated breakfast room, offering a functional space for daily cooking and dining.
Furthermore, the apartment features two generously sized double bedrooms, a contemporary family bathroom, and a separate WC for added convenience.
Positioned within easy reach of Preston city centre and local amenities, this turnkey investment combines a ready-made income stream with low-maintenance high-rise living.
Early viewing is highly recommended. Hallway Front door providing access to all of the rooms. Lounge/Diner (5.36m x 3.04m) Double glazed window to the side and rear, radiator.
Kitchen (4.14m x 2.05m) Range of high gloss wall and base units with complementary work surfaces and breakfast bar, stainless steel sink and drainer, electric hob and oven with extractor, part tiled walls and space for washer.
Breakfast Room (2.09m x 1.79m) Double glazed window to the side. Bedroom One (4.37m x 2.74m) Double glazed window to the rear and radiator.
Bedroom Two (4.36m x 2.59m) Double glazed window to the rear and radiator. Bathroom (2.09m x 1.68m) Bath with shower over, wash basin, part tiled walls and radiator.
Separate WC (1.56m x 0.84m) With low flush wc. Council Tax Band & Tenure We have been advised by the seller that the Council Tax Band is Band A and the Tenure is Leasehold.
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
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FAQ
About Avenham Lane, Lancashire
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