1 Bed Flat For Sale Guildhall Street, Preston, PR1

£123,000- Flat

1 of 5
  • Description
  • Street View
  • Maps
Last Updated: 18th April 2024

Description

Preston is a city on the up, with numerous regeneration projects transforming the city and creating countless employment opportunities. This increase in opportunities has seen an influx of young professionals moving to the city in need of high-quality rental properties.
Demand for small cities like Preston surged between 2020 and 2022, and this is expected to continue. Preston, the 3rd largest city in the Northwest, and is fast becoming one of the UK’s most attractive investment hotspots. However, the window of opportunity is small, estate Agents reported the lowest levels of rental stock last year, with demand far outstripping the supply.
Park House
Park House is the latest edition to the booming Preston rental market. This high-quality residential conversion in the affluent PR1 postcode district will provide 35 self-contained, 1-bedroom apartments in the heart of the city centre that will help combat the ever-increasing tenant demand in the city.
Located in the heart or Preston city centre, it’s clear these apartments will be in high demand. At the moment we’re at the pre-launch phase and this is an opportunity to lock in desired units ahead of the launch.
Developments in Preston city centre with such a location are not easy to find. We only have limited units available, so we advise investors to act quickly to get first pick on the best apartments.
Agent Details
Aspen Woolf Ltd
2 Infirmary Street Leeds LS1 2JP

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 1 bedroom property. See more properties like this.

£105,000
Preston, PR1
Terraced
9.7
£112,500
Preston, PR1
End Terrace
9.6
£199,950
Preston, PR1
9.2
See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested