George Street, Preston, PR1
PU

George Street, Preston, PR1

By Purplebricks

£ 70,000

Reviews

3 out of 5 stars

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 %
from 447,880.00 £
Est sale value
212,946.32 £
Decreased by 6.52 %
from 227,803.04 £
Average area rental value
1,604.00 £/mo
Decreased by 7.50 %
from 1,734.00 £/mo
Est letting value
619.03 £/mo
Unchanged by 0.00 %
from 619.03 £/mo
Est rental Yield
5.96 %
Increased by 28.17 %
from 4.65 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Purplebricks created the listing.

Nearby Schools

NameTypeOfstedDistance
Olive School, PrestonFree SchoolsOutstanding0.22 KM
Eden Boys' School, PrestonFree SchoolsOutstanding0.25 KM
Cardinal Newman CollegeFurther EducationOutstanding0.39 KM
Frenchwood Community Primary SchoolCommunity SchoolGood0.62 KM
St Augustine'S Catholic Primary SchoolVoluntary Aided SchoolGood0.72 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
George Street £ 000.00 KM
Ruskin Street £ 000.00 KM
Greenwood Street £ 000.00 KM
St Mary's Street £ 75,00000.00 KM
Albyn Bank Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Preston (Lancs)2753PRE2.52 KM
Lostock Hall2689LOH3.71 KM
Bamber Bridge2561BMB4.36 KM
Leyland2710LEY6.53 KM
Buckshaw Parkway7501BSV9.75 KM

Nearby Listings

AddressPriceTypeScoreDistance
George Street, Preston, PR1 £ 190,000BUY7 / 100.00 KM
George Street, Preston, PR1 £ 185,000BUY5 / 100.01 KM
James Street, Preston £ 280,000BUY4 / 100.18 KM
Coronation Crescent, Preston £ 117,500BUY5 / 100.19 KM
Bence Road, Frenchwood, PR1 £ 90,000BUY4 / 100.22 KM

Nearby Properties

AddressPriceDistance
24 George Street £ 56,5000.01 KM
22 George Street £ 60,0000.01 KM
28 George Street £ 66,0000.01 KM
33 George Street £ 78,0000.01 KM
25 George Street £ 82,0000.01 KM