Bank Parade, Preston, Lancashire, PR1
By Reeds Rains
£ 60,000
Reviews
2 out of 5 stars
Reeds Rains says ..
For Sale: This neutrally decorated one-bedroom flat, situated in a highly sought-after location, is ideal for first-time buyers or investors. Boasting of a favourable EPC rating of E and falling within council tax band A, this property offers a blend of comfort and affordability. The f...
Property Oracle says ..
This property is a 1-bedroom apartment located in Preston City Centre. The location benefits from being close to several primary schools and train stations, making it convenient for commuters and families. However, the provided images reveal that the property is in need of some modernisation and updating. The kitchen and bathroom appear functional but dated, and the bedroom shows signs of wear and tear. The property is listed at £60,000, which is significantly lower than the average price for properties in Preston (£384,318). While the average price per square foot in the area is £399, the lack of square footage data for this property makes a direct comparison difficult. Given the need for renovations and the lower price point compared to other properties in the area, the value for money could be considered good, depending on the buyer’s willingness and budget for renovations. The property is in a period building, which adds character.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 4
- Location
- 8
- Land
- 1
- Bedrooms
- 1
- Bathrooms
- 1
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Metrics Year-on-Year
- Average area value
- 322,952.00 £Decreased by 27.89 %
- Average area rental value
- 1,604.00 £/moDecreased by 7.50 %
- Est rental Yield
- 5.96 %Increased by 28.17 %
- Crime Rate
- 5.00 %Unchanged by 0.00 %
Agent Activity
Reeds Rains created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Stoneygate Nursery School | Local Authority Nursery School | Good | 0.46 KM |
| Stoneygate Children'S Centre | Children's Centre | 0.46 KM | |
| Imam Muhammad Zakariya School | Other Independent School | Good | 0.51 KM |
| St Augustine'S Catholic Primary School | Voluntary Aided School | Good | 0.52 KM |
| Frenchwood Community Primary School | Community School | Good | 0.71 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Tenby Road | £ 0 | 0 | 0.00 KM |
| Lennox Street | £ 0 | 0 | 0.00 KM |
| Rose Street | £ 49,950 | 0 | 0.00 KM |
| New Cock Yard | £ 0 | 0 | 0.00 KM |
| Back Grimshaw Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Preston (Lancs) | 2753 | PRE | 1.41 KM |
| Lostock Hall | 2689 | LOH | 3.40 KM |
| Bamber Bridge | 2561 | BMB | 4.89 KM |
| Leyland | 2710 | LEY | 6.17 KM |
| Buckshaw Parkway | 7501 | BSV | 9.73 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Bank Parade, Preston, Lancashire, PR1 | £ 60,000 | BUY | 5 / 10 | 0.00 KM |
| Bank Parade, Preston, PR1 | £ 150,000 | BUY | 6 / 10 | 0.01 KM |
| Bank Parade, Preston | £ 74,950 | BUY | 5 / 10 | 0.03 KM |
| Frenchwood Street, Preston | £ 149,950 | BUY | 5 / 10 | 0.10 KM |
| Frenchwood Street, Preston, PR1 | £ 125,000 | BUY | 5 / 10 | 0.12 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 11 Bank Parade | £ 350,000 | 0.01 KM |
| 8 Bank Parade | £ 44,999 | 0.01 KM |
| 7 Bank Parade | £ 41,000 | 0.01 KM |
| 2 Bank Parade | £ 210,000 | 0.01 KM |
| 12 Bank Parade | £ 380,000 | 0.01 KM |