1-bedroom flat · PR2 2GB
Listing removedListed 141 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Taylors Estates are delighted to bring to the market this modern, unfurnished one bedroom apartment, situated on the first floor of the popular Princes Reach development in Preston.
The development backs onto Preston Marina which gives tenants a more peaceful living environment, whilst also only being a short drive away from the City Centre and all the amenities it offers.
As you enter the apartment, you will find yourself in the porch area which leads through to the hallway.
To your right is the bedroom which has plenty of space for all the necessary furniture, then the spacious living room which benefits from lots of natural light from the large windows and door leading out to the private balcony.
Across from the hall you will find the kitchen which is modern and has plenty of counter, cupboard and drawer space, as well as a built in tall fridge/freezer and dishwasher.
Finally, there is the bathroom which briefly comprises of a toilet, sink and large shower cubicle, as well as a useful storage cupboard.
This property also benefits from a parking space, with visitor parking also available on site.
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.
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 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 108 Princes Reach, Preston
Explore nearby