Purplebricks says ..
Ideal first time buy or investment. First floor two bedroom apartment only a short walk to the city centre amenities.
Property Oracle says ..
The property is located on George Street in Preston City Centre, Lancashire. It’s a two-bedroom, one-bathroom property with a total area of 619.03 sqft and a plot size of 688.89 sqft. The list price is £70,000.
The property appears to be in need of some modernisation. The decor is dated throughout, and while the structure seems sound, updating the kitchen and bathroom would significantly improve its appeal and value. The carpets also appear worn in places.
The property benefits from being in the city centre, providing easy access to local amenities, transport links, and educational institutions. Several outstanding-rated schools are within a short distance, making it an attractive location for families. The proximity to Preston train station (Avanti West Coast) offers excellent transport links.
While the property itself is relatively small, the plot size is reasonably generous for a city centre property, suggesting the potential for a small garden or outdoor space.
Considering the property’s condition, location, and size, the list price of £70,000 appears to be in line with, or potentially slightly below, the average prices for similar properties in the area. Nearby comparable properties on George Street range from £56,500 to £127,000, with some properties requiring significant renovation. The lack of sqft data for nearby properties makes a precise comparison difficult, but the price seems reasonable given the location and potential for improvement.
Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 9
- Land
- 7
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 619.03
- Lot (est)
- 688.89
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 322,952.00 £Decreased by 27.89 %
- Est sale value
- 212,946.32 £Decreased by 6.52 %
- Average area rental value
- 1,604.00 £/moDecreased by 7.50 %
- Est letting value
- 619.03 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.96 %Increased by 28.17 %
- Crime Rate
- 5.00 %Unchanged by 0.00 %
Agent Activity
Purplebricks created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Olive School, Preston | Free Schools | Outstanding | 0.22 KM |
| Eden Boys' School, Preston | Free Schools | Outstanding | 0.25 KM |
| Cardinal Newman College | Further Education | Outstanding | 0.39 KM |
| Frenchwood Community Primary School | Community School | Good | 0.62 KM |
| St Augustine'S Catholic Primary School | Voluntary Aided School | Good | 0.72 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| George Street | £ 0 | 0 | 0.00 KM |
| Ruskin Street | £ 0 | 0 | 0.00 KM |
| Greenwood Street | £ 0 | 0 | 0.00 KM |
| St Mary's Street | £ 75,000 | 0 | 0.00 KM |
| Albyn Bank Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Preston (Lancs) | 2753 | PRE | 2.52 KM |
| Lostock Hall | 2689 | LOH | 3.71 KM |
| Bamber Bridge | 2561 | BMB | 4.36 KM |
| Leyland | 2710 | LEY | 6.53 KM |
| Buckshaw Parkway | 7501 | BSV | 9.75 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| George Street, Preston, PR1 | £ 190,000 | BUY | 7 / 10 | 0.00 KM |
| George Street, Preston, PR1 | £ 185,000 | BUY | 5 / 10 | 0.01 KM |
| James Street, Preston | £ 280,000 | BUY | 4 / 10 | 0.18 KM |
| Coronation Crescent, Preston | £ 117,500 | BUY | 5 / 10 | 0.19 KM |
| Bence Road, Frenchwood, PR1 | £ 90,000 | BUY | 4 / 10 | 0.22 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 24 George Street | £ 56,500 | 0.01 KM |
| 22 George Street | £ 60,000 | 0.01 KM |
| 28 George Street | £ 66,000 | 0.01 KM |
| 33 George Street | £ 78,000 | 0.01 KM |
| 25 George Street | £ 82,000 | 0.01 KM |