2-bedroom flat · PR2 2YY
Listing removedReduced £100 (−8.3%) on 8 JulListed 153 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Stunning Waterfront Apartment – Victoria Mansions, Preston Docks Dewhurst Homes are delighted to offer this spacious and beautifully presented two bedroom apartment located within the sought-after Victoria Mansions development at Preston Docks.
Situated in a prime waterfront position, the property offers generous living accommodation throughout and benefits from stunning marina views, secure entry access and secure underground parking.
The apartment briefly comprises a welcoming entrance hallway, spacious open-plan lounge and dining area with access to a private balcony overlooking the water, modern fitted kitchen with integrated appliances and ample storage, two well-proportioned bedrooms and a contemporary shower room.
The main bedroom benefits from fitted bedroom furniture and balcony access, while the second bedroom offers an ideal guest room, dressing room or home office space.
Located close to local amenities, restaurants, supermarkets and excellent transport links into Preston city centre, this property is ideally suited to professionals or couples seeking stylish waterside living.
Key Features - Two bedroom apartment - Sought-after Victoria Mansions development - Stunning marina and waterfront views - Spacious lounge/dining area - Private balcony - Modern fitted kitchen - Contemporary shower room - Secure underground parking - Secure entry system - Excellent Preston Docks location - Close to local amenities and transport links Early viewing is highly recommended to appreciate the accommodation and location on offer.
These particulars, whilst believed to be correct, do not form any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact.
No person in this firm's employment has the authority to make or give any representation or warranty in respect of the property. All measurements quoted are approximate.
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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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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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About Flat 49, Victoria Mansions, Preston
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