McGowan Housing says ..
Buy-to-Let Opportunity | Long Term Tenant Currently Situated | 2 Bedroom Flat | Spacious Lounge | Modern Kitchen | Prime Rental Location Within Preston
Property Oracle says ..
This two-bedroom apartment in Preston, Lancashire, is situated on Mercer Street, within the Fishwick & Frenchwood locality. The property is marketed as a buy-to-let opportunity, suggesting rental potential. The apartment includes a modern kitchen and bathroom, as evidenced in the photographs. Whilst the images show a relatively well-maintained and modern interior, the overall quality of fixtures and fittings remains speculative without further detail. The building’s exterior presents itself as a modern apartment block. The absence of square footage and plot size details in the provided property information limits a precise assessment of value. However, nearby comparable properties indicate the listed price falls within a reasonable range, though at the upper end, potentially influenced by the inclusion of furniture in similar listings. The location offers the considerable benefit of proximity to outstanding schools, which is a significant positive for families or investors targeting rental markets seeking quality schools. The accessibility of the nearby train station is also a significant positive aspect of this property, considering the commute to other areas. Given the limited information provided, it’s impossible to comment more accurately on specific features of the property or to provide an in-depth analysis beyond the general aspects of condition, price and location noted above.
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
- 6
- Location
- 7
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 1
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
- 429,998.00 £Increased by 37.13 %
- Average area rental value
- 1,375.00 £/moIncreased by 35.47 %
- Est rental Yield
- 3.84 %Decreased by 1.03 %
- Crime Rate
- 16.00 %Unchanged by 0.00 %
Agent Activity
McGowan Housing created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Olive School, Preston | Free Schools | Outstanding | 0.25 KM |
| Eden Boys' School, Preston | Free Schools | Outstanding | 0.25 KM |
| St Joseph'S Catholic Primary School, Preston | Voluntary Aided School | Good | 0.72 KM |
| Cardinal Newman College | Further Education | Outstanding | 0.79 KM |
| Preston Muslim Girls High School | Voluntary Aided School | Outstanding | 0.81 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| St Mary's Close | £ 45,000 | 0 | 0.00 KM |
| St Mary's Street | £ 75,000 | 0 | 0.00 KM |
| George Street | £ 0 | 0 | 0.00 KM |
| Wignall Street | £ 0 | 0 | 0.00 KM |
| Stanley Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Preston (Lancs) | 2753 | PRE | 2.85 KM |
| Lostock Hall | 2689 | LOH | 4.09 KM |
| Bamber Bridge | 2561 | BMB | 4.48 KM |
| Leyland | 2710 | LEY | 6.90 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Mercer Street, Preston,PR1 | £ 86,000 | BUY | 5 / 10 | 0.00 KM |
| Woodrow House, Preston, Lancashire, PR1 | £ 82,000 | BUY | 8 / 10 | 0.00 KM |
| Kayley House, New Hall Lane, Preston, Lancashire, PR1 | £ 57,950 | BUY | 5 / 10 | 0.08 KM |
| Kayley House, New Hall Lane, Preston, PR1 | £ 79,000 | BUY | Unknown | 0.09 KM |
| New Hall Lane, Preston | £ 55,000 | BUY | 6 / 10 | 0.09 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 5 Stefano Road | £ 55,000 | 0.14 KM |
| 4 Stefano Road | £ 50,000 | 0.14 KM |
| 6 Stefano Road | £ 77,000 | 0.14 KM |
| 21 Stefano Road | £ 50,000 | 0.14 KM |
| 15 Stefano Road | £ 59,000 | 0.14 KM |