3 Bed Flat, Single Let, Preston, PR1 3AN, £175,000

Guild House, Preston, PR1 3AN - 21 days ago

Leasehold
BTL
ROI: 1%
~93 m²
+7 photos

ValuationUndervalued

Sold Prices£128K - £490K
Sold Prices/m²£1.2K/m² - £3.9K/m²

 

 

Square Metres

~93 m²
Price/m²£1.9K/m²

Value Estimate

£210,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£43,750

Stamp Duty & Legal Fees

£10,950

Total Cash In

£54,700

 

 

Cash Out

 

Rent Range

£625 - £1,800

Rent Estimate

£746

Running Costs/mo

£716

Cashflow/mo

£30

Cashflow/yr

£359

ROI

1%

Gross Yield

5%

Local Sold Prices

18 sold prices from £128K to £490K, average is £195K. £1.2K/m² to £3.9K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£135K03/211 mi24, Garstang Road, Preston, Lancashire PR1 1NA3
£250K11/201.3 mi35, Far Field, Penwortham, Preston, Lancashire PR1 9YQ3
£218K12/201.3 mi57, Far Field, Penwortham, Preston, Lancashire PR1 9YQ3
£128K02/231.38 mi251, Plungington Road, Fulwood, Preston, Lancashire PR2 3PQ3
£204.9K06/211.44 mi1, Hill Road South, Penwortham, Preston, Lancashire PR1 9YT3
£185K10/221.52 miFlat 76, Victoria Mansions, Navigation Way, Ashton On Ribble, Preston, Lancashire PR2 2YZ3
£265K11/211.55 mi10, Broad Oak Lane, Penwortham, Preston, Lancashire PR1 0UX3
£145K07/211.59 miApartment 9, Woodville Court, Woodville Road, Penwortham, Preston, Lancashire PR1 9BW3
£255K11/201.64 mi105, Pope Lane, Penwortham, Preston, Lancashire PR1 9DB3
£154K08/211.71 mi81, Princes Reach, Ashton On Ribble, Preston, Lancashire PR2 2GB3
£185K10/212.19 mi1, Maureen Avenue, Lostock Hall, Preston, Lancashire PR5 5BN3
£220K11/202.3 mi16, Blake Avenue, Lostock Hall, Preston, Lancashire PR5 5LY3
£180K07/232.43 mi24, St Francis Close, Fulwood, Preston, Lancashire PR2 9WH3
£168K09/222.63 mi22, Scarlett Drive, Hutton, Preston, Lancashire PR4 4BH3
£160K12/202.63 mi36, Scarlett Drive, Hutton, Preston, Lancashire PR4 4BH3
£490K08/212.65 mi1, Parker Lane, Whitestake, Preston, Lancashire PR4 4JX3
£239.9K12/202.78 mi22, The Dellway, Hutton, Preston, Lancashire PR4 5TA3
£316K03/212.82 mi1, Gleneagles Drive, Fulwood, Preston, Lancashire PR2 7ES3

Local Rents

50 rents from £625/mo to £1.8K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,00007/240 miGuild House, Preston3
£1,56006/240.09 miRibblesdale Place Preston PR1 3NA3
£62503/250.09 mi-3
£72502/250.09 mi-3
£1,63606/240.13 miConnaught House, 15-17 Mount Street, Preston, PR13
£1,56907/240.14 miMount Street, Preston, Lancashire, PR13
£1,40007/240.15 miGlovers Court, Preston3
£1,65007/240.15 miCity Bridge Apartments, Glovers Court, Preston3
£92506/240.2 miGreat Avenham Street, Preston, Lancashire, PR13
£1,32606/240.36 miFishergate, Preston3
£1,30007/240.37 miFriargate, PRESTON, PR1 2AT3
£1,37507/240.37 miFriargate, PRESTON PR1 2AT3
£1,47507/240.4 miThe Sorting Office, 42 West Cliff, Preston3
£1,15007/240.4 miThe Sorting Office, 42 West Cliff, Preston3
£1,50009/240.4 miThe Sorting Office, 42 West Cliff, Preston3
£1,17507/240.4 miPole Street, Preston, PR13
£1,00004/250.41 mi-3
£1,56007/240.41 mi1 Pole Street Preston PR1 1DX3
£1,25007/240.42 mi4 Pole Street, Preston, PR13
£1,49506/240.42 miPole Street, Preston, Lancashire, PR13
£1,15007/240.44 miThe Exchange Apartments, Preston3
£1,45610/230.44 miFishergate Hill Middle Floor, PRESTON, Lancashire PR1 8JD3
£1,15008/240.47 miPercy Street, Preston, Lancashire, PR13
£89506/240.48 miGrafton Street, Preston, Lancashire, PR13
£1,00011/240.49 mi-3
£1,25007/240.49 miGrafton Street, Preston FM3
£1,65006/240.5 miThe Exchange, Percy Street, Preston3
£1,80006/240.5 miThe Exchange, Percy Street, Preston3
£1,80007/240.5 miThe Exchange, Percy Street , Preston 3
£1,57006/240.5 miThe Exchange, Percy Street, Preston3
£1,65006/240.5 miThe Exchange, Percy Street, Preston3
£1,80007/240.5 miThe Exchange, Percy Street, Preston3
£1,55007/240.5 miThe Exchange, Percy Street , Preston3
£1,56506/240.5 miThe Exchange, Percy Street, Preston3
£1,61507/240.5 miThe Exchange, Percy Street, Preston3
£1,80006/240.5 miThe Exchange, Percy Street, Preston3
£1,80007/240.5 miThe Exchange, Percy Street, Preston3
£1,58007/240.5 miThe Exchange, Percy Street, Preston3
£1,80007/240.5 miThe Exchange, Percy Street, Preston3
£1,80007/240.5 miThe Exchange, Percy Street, Preston3
£1,80007/240.5 miThe Exchange, Percy Street, Preston3
£1,80007/240.5 miThe Exchange, Percy Street, Preston3
£1,59508/240.5 miThe Exchange, Percy Street, Preston 3
£1,80008/240.5 miThe Exchange, Percy Street , Preston 3
£1,60009/240.5 miThe Exchange , Percy Street, Preston3
£1,40012/240.52 miThe Street, Preston, Nr Canterbury3
£95007/240.52 mi-3
£90007/240.54 miSouth Meadow Lane, Preston, PR13
£99507/240.54 mi-3
£1,10007/240.54 miSt. Pauls Square, Preston, PR13

Local Area Statistics

Population in PR1

72,064

Population in Preston

286,036

Town centre distance

0.98 miles away

Nearest school

0.60 miles away

Nearest train station

0.28 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+3%

Sales demand

Seller's market

Capital growth (5yrs)

+17%

Property History

Listed for £175,000

March 27, 2025

Floor Plans

Description

  • Attn: First Time Buyers +
  • Ideal Investment Opportunity +
  • Shops And Amenities Nearby +
  • City Centre Location +
  • Apartment +
  • 3 Bedrooms +
  • En-Suite To Master +
  • Spacious and inviting +

Exceptional City Centre Investment Opportunity - Ideal for Investors & First Time Buyers or a Family Home. Presenting a premium apartment in the heart of Prestons thriving city centre, this property represents an outstanding opportunity for both buy-to-let investors and those purchasing their first home. The superb central location offers immediate access to Prestons finest amenities, including high-street shopping, gourmet restaurants, vibrant bars, and specialty cafés, all within walking distance. Excellent transport links are assured via Preston Railway Station, just moments away, providing direct connections to major northern cities and beyond.

The residence welcomes you with an elegant entrance hallway leading to a generously proportioned open-plan living area, comprising a contemporary kitchen, dining space, and lounge. Flooded with natural light from large windows overlooking Winckley Square, this versatile area offers both style and functionality for modern urban living.

The property features three well-appointed bedrooms, with the principal suite offering exceptional proportions and a en-suite bathroom complete with a walk-in shower, vanity unit, WC, and heated towel rail. Two additional bedrooms provide flexible accommodation options, comfortably accommodating double beds to suit various living arrangements.

A family bathroom serves the secondary bedrooms, featuring a full-size bathtub with overhead shower, modern vanity unit, and WC, all finished to a high standard.

This meticulously presented apartment combines prime location, intelligent design, and investment potential in one compelling package. For discerning investors seeking strong rental yields this apartment can achieve high rental values or first-time buyers and family desiring a premium city centre residence, this property demands serious consideration. Viewings are highly recommended to fully appreciate this exceptional opportunity in Prestons most sought-after location.

This is a leasehold property, currently being sold at a vacant possession with no chain delay. 

Length of Lease - 147 years remaining (approx)

Ground rent - £350.00 per annum

Service charge - £1,596.00 per annum

Council tax band - C

EPC rating - D

Please contact Kingswood Sales and Lettings to arrange a viewing:

- City Centre Office:
- Address: 11 Lune Street, Preston, PR1 2NL
- Fulwood Office:
- Address: 77 Watling Street Road, Fulwood, Preston, PR2 8EA
- Email:
- Website:

Disclaimer:

These particulars, whilst believed to be correct, do not form any part of an offer or contract. Intending tenants should not rely on them as statements or representations of fact. No person in this firms 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.

Agent Details

Kingswood, Fulwood

01772 419787

Next Steps?

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