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Studio for sale


Apartment 1-15, 24 Cannon Street, Preston PR1

Interested in this property? Call +44 1772 789296 * or Request Details

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Property features

  • 15 Newly Built Studio Apartments
  • Central Location
  • Sized at 30sqm
  • Excellent Transport Links
  • Furniture Packages Available
  • 0.8 Miles from uclan
  • 0.4 Miles from the Train Station

Property description

* Construction to start 2018 * Due for completion 2019 We would like to introduce a stunning new build development in the City Centre of Preston.

These new, modern, one bedroom studio apartments located in the heart of Preston is ideal for working professionals who work in the centre or need to commute and students looking for independent living.
The four storey development comprises a total of 15 apartments.

Key features
Central Location
Excellent Transport Links
0.4 Miles from the Train Station
0.8 Miles from uclan
Furniture Packages can be provided.
Close to Shops, Bars, Restaurants and other Amenities.
Parking Close by (permits available)

Payment Process * 20% deposit to secure the sale* 80% payment in equal stages during the 15 month construction.

Cannon Street will be comprised of 15 spacious studio apartments, centrally located. The apartments are sized at 30sqm and can come fully furnished, with a fitted kitchen and contemporary bathroom.

NHBC Guarantee. Emulsion painted ceiling & walls, gloss painted mdf skirting's & joinery. Carpet to floors with vynil floor covering to shower room. Solid core entrance door with veneer finish, chrome ironmongery & spy hole. Painted finish timber door to shower room with chrome ironmongery. UPVC external bi-folding doors, clear glass double glazing with trickle ventilators & external glass balustrade. Contemporary WC & basin, chrome mixer tap, thermostatic? Shower mixer with adjustable shower head, glazed screen & ceramic wall tiles to shower walls. Chrome ladder radiator & wall mirror. Kitchen base & wall units, vynil wrap door fronts, formica faced worktop & splash back, stainless steel sink & drainer with chrome mixer tap. Electric oven, hob & recirculation hood, integrated fridge/freezer & washer drier. Individual electric meter & consumer unit. Electric panel heaters (central thermostat or individual to heaters?) LED ceiling lighting, emergency lighting, white wall sockets & switches, extract fan to shower room (is supply required to studio/kit?). Building fire alarm with sounder & heat/smoke detection to the studio. Sat TV/Radio outlet (system installation?), land telephone line? Main entrance access control handset. Individual water meter & stop cock, electric emersion water heater.

Common areas
External mounted post boxes at the main entrance, glazed aluminium main entrance door with key & access control system. Entrance corridor to have emulsion painted ceiling & walls with vynil floor covering. Disabled accessible lift with vynil floor covering. Staircase with emulsion painted ceiling & walls vynil floor covering (or similar) to treads. Rear access painted steel faced security door with key access. Bin store & cycle store with painted walls & painted ms gates/railings. Corridors to upper floors with emulsion painted ceilings & walls, gloss painted mdf skirtings & joinery with carpet to floors. LED ceiling lighting, emergency lighting, & fire alarm sounder.

Facing brickwork, metal cladding panels at high level, uPVC windows/doors & single ply membrane roof covering. Balconies (where applicable) of painted ms frame, floor plate, balustrade & handrail.

Market activity
Average price paid £136,001 Sales 651 Current average value £131,598 (Zoopla Zed-Index) Value change £3,612 ▲ 2.82%

Property value data/graphs for PR1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £252,285 £196 3.6 £254,732
Semi-detached £155,152 £174 3.0 £159,881
Terraced £94,135 £124 2.8 £89,758
Flats £96,313 £156 1.9 £81,161

Current asking prices in PR1

Average: £124,682
Avg. current asking prices in PR1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £79,492
Flats £76,668
- -
All £76,834

Current asking rents in PR1

Average: £900 pcm
Avg. current asking prices in PR1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £373 pcm
£585 pcm
£763 pcm
£1,180 pcm
£1,717 pcm
Flats £468 pcm
£632 pcm
£1,013 pcm
£1,334 pcm
£1,931 pcm
All £453 pcm
£615 pcm
£842 pcm
£1,227 pcm
£1,814 pcm

Fun facts for PR1

Highest value in PR1
Highest value streets Zed-Index
Hill Road £531,662
Hollinhurst Avenue £461,799
Castle Walk £428,030
Round Wood £391,912
Penwortham Court £339,249
Highest turnover in PR1
Highest turnover streets Turnover
Condor Way 68.8%
Linton Grove 56.2%
The Spinney 54.5%
Crownlee 52.4%
Hollinhurst Avenue 50.0%

What Zoopla users think of Preston

Overall rating:

  • currently 3.5 stars
Good - 74% (96 ratings)

Ratings breakdown:

  • currently 3.5 stars
Community & safety
  • currently 3.5 stars
Entertainment & nightlife
  • currently 4 stars
Parks & recreation
  • currently 4 stars
Restaurants & shopping
  • currently 3.5 stars
Schools & public services
  • currently 4 stars
Transport & travel

Rate Preston:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Preston (Lancs) (0.4 miles)
  • Lostock Hall (2.4 miles)
  • Bamber Bridge (2.6 miles)
  • Blackpool International Airport (13.5 miles)
  • Liverpool John Lennon Airport (29.9 miles)
  • Manchester International Airport (32.9 miles)
  • Knott End-On-Sea Ferry Landing (17.0 miles)
  • Fleetwood for Knott End Ferry Landing (17.2 miles)
  • Heysham Ferry Terminal (21.0 miles)

Nearby schools

View all schools in Preston
  • St Augustine's Catholic Primary School (0.3 miles)
  • Frenchwood Community Primary School (0.5 miles)
  • St Ignatius' Catholic Primary School (0.5 miles)
  • Youth Challenge Pru (14.8 miles)
  • The Young Mums Unit (16.8 miles)
  • Thomas Whitham Sixth Form (19.2 miles)
  • Eden Boys' School, Preston (0.6 miles)
  • Christ The King Catholic High School (0.6 miles)
  • Preston Muslim Girls High School (0.9 miles)
Note: Distances are straight line measurements

Local info for Preston

About the neighbours in PR1

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For more information about this property, please contact
Northwood - Preston, PR1 on +44 1772 789296 * (local rate)

Monthly running costs Beta

£543 Monthly total


Purchase price
Deposit (10%) 9,000
Repayment term 25
Interest rate 1.5
Your payment £323 /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)
Compare insurance deals now 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


Gas £19 Electricity £26 Estimated energy cost £45/mo

Similar properties could save up to £147

How Much Could I Save? 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


Estimated tax band B Council tax cost £136 /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.


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.

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Northwood - Preston, and do not constitute property particulars. Please contact Northwood - Preston 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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