1-bedroom flat · PR2 3XR
Listing removedReduced £50 (−7.7%) on 25 JunListed 166 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Highgate Homes are pleased to bring to market this spacious one bedroom apartment situated on Cromer Place in Preston, Lancashire.
The accommodation briefly comprises a hallway, three piece bathroom, lounge, kitchen and UPVC double glazing throughout.
This low maintenance property is or single person and has access to local amenities including shops and bus routes. Call our team today on to get booked in for a viewing!
From the Highgate Homes Team: Please be aware that the furniture presented in the images attached can be left in the property however, these fixtures will not be replaced, should they break or no longer be useable.
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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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 advisors 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 Flat 15, Barmouth Court, Cromer Place, Preston
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