Bishop Gate Gardens, Ormskirk Road, PR1 1AT
By yieldit
£ 130,000
Reviews
4 out of 5 stars
yieldit says ..
GENERATE INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPRUTUNITY. Stylish apartment within Preston city centre generating an impressive 6.5% NET.
Property Oracle says ..
The property is a 1-bedroom apartment located in the city centre of Preston, Lancashire. Its location benefits from proximity to several schools, including St Ignatius’ Catholic Primary School (0.30 KM) and Stoneygate Nursery School (0.49 KM). The city centre location also offers convenient access to transportation links, with Preston (Lancs) train station being only 1.25 KM away. This is a positive factor influencing its desirability.
The images reveal a modern apartment that appears to be in excellent condition. The fixtures and fittings look new, and the overall presentation is clean and well-maintained. There is no evidence of any need for repair or renovation.
The provided data does not specify the size of the property or land. Therefore, no assessment can be made on the land.
Considering the list price of £130,000, and comparing it to the average property price in the area (£384,318) and the average price per square foot (£399.00), this property appears to be significantly underpriced. However, without the square footage of the property, a precise price-per-square-foot comparison is not possible. Nearby comparable properties are listed at higher prices, further suggesting the list price may represent good value. The lack of plot size data prevents a complete analysis of value for money.
In summary, this modern apartment is well-located, in excellent condition, and potentially offers exceptional value for money relative to the average property prices in Preston. The lack of property and plot size data limits the scope of a complete analysis.
Therefore, we give this property 9 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 8
- Condition
- 10
- Location
- 9
- Land
- 0
- Bedrooms
- 1
- 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
- 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
- 8.00 %Unchanged by 0.00 %
Agent Activity
yieldit created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Ignatius' Catholic Primary School | Voluntary Aided School | Requires improvement | 0.30 KM |
| Stoneygate Nursery School | Local Authority Nursery School | Good | 0.49 KM |
| Stoneygate Children'S Centre | Children's Centre | 0.49 KM | |
| Imam Muhammad Zakariya School | Other Independent School | Good | 0.68 KM |
| St Augustine'S Catholic Primary School | Voluntary Aided School | Good | 0.95 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Bishopsgate | £ 135,000 | 0 | 0.00 KM |
| Meadow Street | £ 0 | 0 | 0.00 KM |
| Lord Street | £ 0 | 0 | 0.00 KM |
| Penny Street | £ 0 | 0 | 0.00 KM |
| Elizabeth Street | £ 75,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Preston (Lancs) | 2753 | PRE | 1.25 KM |
| Lostock Hall | 2689 | LOH | 4.32 KM |
| Bamber Bridge | 2561 | BMB | 5.64 KM |
| Leyland | 2710 | LEY | 7.09 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Bishopgate, Preston, Lancashire, PR1 | £ 255,000 | BUY | 6 / 10 | 0.03 KM |
| Bishopgate, Preston, Lancashire, PR1 | £ 140,000 | BUY | 6 / 10 | 0.03 KM |
| Bishopgate, Preston, Lancashire, PR1 | £ 235,000 | BUY | Unknown | 0.03 KM |
| A59 Bishopgate, Preston, Lancashire, PR1 | £ 155,000 | BUY | Unknown | 0.03 KM |
| Bishopgate, PRESTON, Lancashire, PR1 | £ 100,000 | BUY | 6 / 10 | 0.03 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 5 St Ignatius Square | £ 54,950 | 0.26 KM |
| 12 St Ignatius Square | £ 115,000 | 0.26 KM |
| 31 St Ignatius Square | £ 103,500 | 0.26 KM |
| 37 St Ignatius Square | £ 48,000 | 0.26 KM |
| 18 St Ignatius Square | £ 145,000 | 0.26 KM |