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Studio for sale

£60,375

Sizer Street, Preston PR1

1
Interested in this property? Call +44 20 3463 2705 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property description

The four storey development comprises a total of 218 self-contained studios across two separate buildings. The development is the first all-studio student accommodation in Preston.

The demand characteristics exhibited by students has changed over recent years – many, especially those from overseas, no longer wish to live in converted houses or in the common “cluster-flat” student accommodation.

They now require bespoke, purpose-built accommodation which lies close to the educational hub.


Market activity
Average price paid £126,230 Sales 648 Current average value £126,616 (Zoopla Zed-Index) Value change -£2,614 ▼ -2.02%

Property value data/graphs for PR1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £242,930 £189 3.6 £236,932
Semi-detached £146,630 £163 3.0 £151,855
Terraced £90,770 £119 2.8 £85,630
Flats £99,091 £157 1.9 £79,830

Current asking prices in PR1

Average: £125,336
Avg. current asking prices in PR1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £84,681
(8)
£95,284
(163)
£139,146
(184)
£236,937
(59)
£215,996
(14)
Flats £70,973
(51)
£91,496
(58)
£95,475
(6)
£173,333
(3)
£180,000
(1)
All £72,832
(59)
£94,290
(221)
£137,767
(190)
£233,860
(62)
£213,597
(15)

Current asking rents in PR1

Average: £835 pcm
Avg. current asking prices in PR1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £398 pcm
(25)
£498 pcm
(46)
£654 pcm
(54)
£1,230 pcm
(46)
£1,796 pcm
(25)
Flats £435 pcm
(106)
£649 pcm
(69)
£1,121 pcm
(17)
£1,005 pcm
(7)
£1,770 pcm
(7)
All £428 pcm
(131)
£589 pcm
(115)
£766 pcm
(71)
£1,201 pcm
(53)
£1,790 pcm
(32)

Fun facts for PR1

Highest value in PR1
Highest value streets Zed-Index
Hill Road £488,960
Hollinhurst Avenue £445,535
Castle Walk £410,422
Round Wood £375,342
Penwortham Court £322,825
Highest turnover in PR1
Highest turnover streets Turnover
The Spinney 63.6%
Condor Way 62.5%
Crownlee 59.5%
Foster Croft 50.0%
Prospect Place 50.0%

What Zoopla users think of Preston

Overall rating:

  • currently 3.5 stars
Good - 72% (78 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Preston:

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Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Preston (Lancs) (0.7 miles)
  • Lostock Hall (3.0 miles)
  • Bamber Bridge (3.3 miles)
  • Blackpool International Airport (13.2 miles)
  • Liverpool John Lennon Airport (30.5 miles)
  • Manchester International Airport (33.6 miles)
  • Knott End-On-Sea Ferry Landing (16.3 miles)
  • Fleetwood for Knott End Ferry Landing (16.6 miles)
  • Heysham Ferry Terminal (20.3 miles)

Nearby schools

View all schools in Preston
  • English Martyrs Catholic Primary School, Preston (0.1 miles)
  • St Ignatius' Catholic Primary School (0.4 miles)
  • Eldon Primary School (0.4 miles)
  • Cardinal Newman College (1.0 mile)
  • Preston College (1.2 miles)
  • Alston Hall College (5.1 miles)
  • Abrar Academy (0.2 miles)
  • Moor Park High School and Sixth Form (0.6 miles)
  • Moorbrook School (0.7 miles)
Note: Distances are straight line measurements

Local info for Preston

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For more information about this property, please contact
RAF Estates, KT9 on +44 20 3463 2705 * (local rate)

Monthly running costs Beta

£409 Monthly total
Mortgage
Purchase price
Deposit (10%) 6,037
Repayment term 25
Interest rate 1.5
Your payment £217 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £11/mo (£127/yr) In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy Gas £19 Electricity £24 Estimated energy cost £43/mo In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 5700 kWh/year
Electricity: 1900 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Preston

Estimated tax band A Council tax cost £110 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water Supply £13 Sewerage £15 Estimated water cost £28 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact RAF Estates about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by RAF Estates, and do not constitute property particulars. Please contact RAF Estates for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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