The Room Apartments, Lawson Street, Preston, PR1
By Kingswood
£ 85,000
Reviews
2 out of 5 stars
Kingswood says ..
ATTENTION INVESTORS!!! This spacious one bedroom apartment with a parking space located in Preston city centre with a tenant in situ is a brilliant addition to a property portfolio. With shops, amenities and superb transport links on the doorstep and within walking distance of UCLan, the location...
Property Oracle says ..
This one-bedroom apartment at The Room Apartments, Lawson Street, Preston, presents a compelling opportunity for investors or first-time buyers seeking city-centre living. The location in Preston city centre is a major plus, with its proximity to the University of Central Lancashire (UCLan) making it an attractive rental prospect. Several schools and amenities are within walking distance, catering to a wider range of potential occupants. The nearby train station provides excellent transport links. The exterior of the building, as depicted in the photos, appears to be in good order, although a viewing would be essential to assess the interior condition fully. The lack of private outdoor space is typical for city centre apartments. The price point of £85,000 warrants further investigation of the internal features and overall square footage to determine its value against similar properties in the area. While the provided data suggests a reasonable price, a comprehensive inspection would be needed to confirm the property’s condition and its overall worth. Information on parking would also be important in considering the overall appeal of the property. Finally, while average prices per square foot are not available in the data, a comparable market analysis of nearby properties should be conducted to confirm the listed price’s accuracy and competitiveness.
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
- 7
- Location
- 7
- Land
- 1
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 538.19
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
- 185,137.36 £Decreased by 6.52 %
- Average area rental value
- 1,604.00 £/moDecreased by 7.50 %
- Est letting value
- 538.19 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.96 %Increased by 28.17 %
- Crime Rate
- 20.00 %Unchanged by 0.00 %
Agent Activity
Kingswood created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Ignatius' Catholic Primary School | Voluntary Aided School | Requires improvement | 0.61 KM |
| University Of Central Lancashire | Higher Education Institutions | Good | 0.62 KM |
| Imam Muhammad Zakariya School | Other Independent School | Good | 0.70 KM |
| English Martyrs Catholic Primary School, Preston | Voluntary Aided School | Good | 0.79 KM |
| Stoneygate Nursery School | Local Authority Nursery School | Good | 0.80 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Union Street | £ 0 | 0 | 0.00 KM |
| Elizabeth Street | £ 75,000 | 0 | 0.00 KM |
| Chew's Yard | £ 0 | 0 | 0.00 KM |
| Warwick Street | £ 180,000 | 0 | 0.00 KM |
| Simpson Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Preston (Lancs) | 2753 | PRE | 0.90 KM |
| Lostock Hall | 2689 | LOH | 4.48 KM |
| Bamber Bridge | 2561 | BMB | 5.98 KM |
| Leyland | 2710 | LEY | 7.20 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| The Room Apartments, Lawson Street, Preston, PR1 | £ 85,000 | BUY | 5 / 10 | 0.00 KM |
| Room Apartments, Lawson Street, Preston, Lancashire, PR1 | £ 89,950 | BUY | Unknown | 0.01 KM |
| Lumen Court, Preston | £ 105,000 | BUY | 6 / 10 | 0.08 KM |
| Lumen Court, Preston, Lancashire, PR1 | £ 95,000 | BUY | Unknown | 0.11 KM |
| Light Buildings, Lumen Court, Preston, Lancashire, PR1 | £ 100,000 | BUY | Unknown | 0.11 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 119a Walker Street | £ 79,500 | 0.13 KM |
| 131a Walker Street | £ 52,500 | 0.13 KM |
| 28 Crown Street | £ 55,000 | 0.26 KM |
| 36 Crown Street | £ 45,000 | 0.26 KM |
| 40 Crown Street | £ 69,950 | 0.26 KM |