2-bedroom flat · PR2 2YX
For saleListed 11 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
More space. Less maintenance. A lifestyle that makes sense. Who says downsizing means compromising?
With approximately 868 sq ft of living space, two bedrooms, a generous lounge, secure parking and a fantastic location beside Preston Docks, this apartment offers something increasingly difficult to find: Space, convenience and freedom without the upkeep of a larger home.
And the location? That's a massive part of the appeal. You're right on the doorstep of Preston Docks, with its waterfront walks, restaurants, cafés, gyms, supermarkets and everyday amenities.
Whether it's grabbing a coffee, heading to the gym, meeting friends for food or picking up the weekly shopping, so much of what you need is just minutes away.
There's also excellent access to Preston city centre and convenient road connections towards the M6 and M55 motorway networks, making it a practical base whether you're commuting, visiting family or heading further afield.
But let's talk about the space.
The living room measures an impressive 17'6" x 15'5", comfortably accommodating proper sofas, a dining table and all the furniture you'd actually want to bring with you. No squeezing everything in.
No sacrificing your dining space. Just a generously proportioned room that works for everyday living and entertaining.
Large windows and glazed doors bring in plenty of natural light, while access to the private balcony offers an additional spot to enjoy some fresh air, with a side view towards the dock.
The kitchen is well equipped, with plenty of storage and worktop space, making everything from your morning coffee to cooking for family and friends straightforward. Two bedrooms. More flexibility.
The main bedroom benefits from its own en suite, while the second bedroom is ideal for visiting family, grandchildren, a home office or whatever suits your lifestyle.
There's also a separate bathroom and useful storage throughout. And unlike many apartments where parking can be an afterthought, secure parking adds another layer of convenience and peace of mind.
The real selling point? Everything around you. The dockside setting offers the opportunity to enjoy waterside walks without having to travel anywhere.
Restaurants, cafés, fitness facilities and supermarkets are all close by, while Preston city centre and the motorway network are easily accessible.
It's the kind of location that makes day-to-day living easier, whether you're retiring, downsizing or simply looking for a home that requires less maintenance. Less time maintaining a property.
More time actually enjoying life. That's what makes this apartment worth considering. Because downsizing shouldn't be about what you're giving up.
It should be about everything you're gaining Hallway (19'7 x 10'0) Master Bedroom (13'10 x 11'5) Ensuite (6'10 x 5'3) Bedroom Two (13'5 x 10'2) Bathroom (7'9 x 5'11) Living Room (17'6 x 15'5) Kitchen (15'5 x 5'11) Balcony (8'9 x 3'11)
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Flat Flat 1, Victoria Mansions, Navigation Way, Preston
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