2-bedroom flat · PR1 2QF
Sold STCListed 86 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Taylors Estates are pleased to bring to the market this two bedroom apartment, situated in the popular Room Apartments development in Preston City Centre.
The property is located on the first floor of the building and comes with an allocated parking space, providing convenience for occupants.
As you enter the flat, you will find yourself in a welcoming entrance hall which has a utility cupboard to the right and the main bathroom to the left.
This room briefly comprises of a bath with overhead shower, toilet, and sink.
After the bathroom there is the main bedroom which benefits from an en suite shower room, and gets plenty of natural light from the window.
Next is the second bedroom, and finally the large open plan kitchen and living/dining room.
The kitchen has integrated appliances such as a tall fridge/freezer, a dishwasher, and oven with hobs and overhead extractor fan, and the living room has double doors leading out onto a small balcony.
The whole room is provided with natural light from these double doors, making it an ideal living area.
The building as a whole is very secure and has recently undergone cladding work to improve the fire safety, and has a new roof with a long guarantee. EPC Rating: C
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
FAQ
About 28 The Room Apts Lawson Street, Preston, Preston
Explore nearby
.png){kind=logo}
