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1 bed flat for sale

£88,000 (£204/sq. ft)

Guild House, Preston, Lancashire PR1

1 431 sq. ft*
Interested in this property? Call +44 1257 802839 * or Request Details

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

Property features

  • Investment Opportunity
  • 4 Storey Development
  • 1,2 & 3 Bedroom Apartments
  • Located in the Heart of Preston
  • High Demand Rental Area
  • White Gloss Kitchen
  • Integrated Appliances
  • Fitted Bathroom Suite
  • 7% Estimated Rental Yield

Property description

Fantastic Opportunity for Investors to own an apartment on the stunning Georgian Winckley Square.

The development overlooks the idyllic Winkley Square Park and is less than a 10 minute walk to both Fishergate High Street & Preston Train Station. The Square itself has just undergone a £1.2 million regeneration and with the surrounding buildings and other ongoing developments, makes this the most desirable area to rent in Preston for working professionals.

Guild House is a 4 storey development of Studios, 1,2 & 3 Bedroom apartments located in the heart of Preston City Centre. The Development is designed with white gloss kitchens and integrated appliances. The apartments are located within a high demand rental area and designed to attract young professionals within the city centre.

Apartment 12 is a one bedroomed apartment.

Investment Highlights:

October 2018 Completion
Pre-Launch Discounts
Only 30% Required across the entire build period
Up to 7% yields
Minimum annual rpi-linked increase in rent

Studio Apartments from £65,000
1 Bed Apartments from £87,500
2 Bed Apartments from £116,500
3 Bed Apartments from £172,000

Please contact Keenans Estate Agents on : For full details. Brochure available upon request.

Preston - The Ideal Investment

The Preston City Deal is injecting 450 million pounds into Preston with Winckley square as an investment focal point for Preston City Council.
A £50 million scheme is underway with the building of a new indoor market hall and resurfacing works under the restored 1875 Covered Market canopy and Box Market under the restored 1920s Fish Market canopy.
£10m investment in Preston Guild Hall, Lancashire's premier entertainment venue will deliver a 105- room hotel, casino, spa and gym, as well as a range of new leisure activities including bowling, golf, karaoke and dining facilities.
Preston is home to the 8th biggest University in the UK containing 36,000 students and employing 3000 members of staff.
With 50,000 businesses generating £28 billion per year.
HS2 will shrink the journey time to London to 77 minutes and Manchester to 29 mins. Meaning a 1 hour commute to 40% of the population.
The North West showed the highest annual growth, with prices increasing by 7.3% in the year to September 2017.
Pwc Good Growth for Cities had Preston the 3rd largest city in the nw leading the Northern Powerhouse for Growth, ahead of both Manchester & Liverpool.
Voted as best place to live in the UK according to Channel 4 show uk's Best Place to Live.
Guild House is 0.6 miles from the stunning Avenham and Miller park on the bank the River Ribble.

Disclaimer
All descriptions advertised digitally or printed in regards to this property are the opinions of Keenans Estate Agents and their employees with any additional information advised by the seller. Properties must be viewed in order to come to your own conclusions and decisions. Although every effort is made to ensure measurements are correct, please check all dimensions and shapes before making any purchases or decisions reliant upon them. Please note that any services, appliances or heating systems have not been tested by Keenans Estate Agents and no warranty can be given or implied as to their working order.

Property info

Market activity
Average price paid £137,007 Sales 642 Current average value £129,715 (Zoopla Zed-Index) Value change -£2,965 ▼ -2.23%

Property value data/graphs for PR1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £249,332 £195 3.6 £260,543
Semi-detached £153,467 £172 3.0 £159,401
Terraced £91,510 £123 2.8 £90,222
Flats £97,763 £161 1.9 £74,957

Current asking prices in PR1

Average: £126,890
Avg. current asking prices in PR1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £96,738
(4)
£101,856
(168)
£137,938
(233)
£281,585
(43)
£260,975
(11)
Flats £77,523
(94)
£105,203
(73)
£224,990
(5)
- -
All £78,308
(98)
£102,870
(241)
£139,767
(238)
£281,585
(43)
£260,975
(11)

Current asking rents in PR1

Average: £913 pcm
Avg. current asking prices in PR1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £384 pcm
(37)
£616 pcm
(48)
£759 pcm
(74)
£1,165 pcm
(72)
£1,665 pcm
(40)
Flats £478 pcm
(208)
£668 pcm
(110)
£1,004 pcm
(34)
£1,334 pcm
(29)
£1,931 pcm
(29)
All £464 pcm
(245)
£652 pcm
(158)
£836 pcm
(108)
£1,213 pcm
(101)
£1,777 pcm
(69)

Fun facts for PR1

Highest value in PR1
Highest value streets Zed-Index
Hill Road £525,889
Hollinhurst Avenue £455,890
Castle Walk £422,952
Round Wood £386,368
Penwortham Court £334,673
Highest turnover in PR1
Highest turnover streets Turnover
Condor Way 62.5%
Linton Grove 56.2%
The Spinney 54.5%
Crownlee 52.4%
Prospect Place 50.0%

What Zoopla users think of Preston

Overall rating:

  • currently 3.5 stars
Good - 74% (97 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 (2.3 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 (21.1 miles)

Nearby schools

View all schools in Preston
  • St Augustine's Catholic Primary School (0.3 miles)
  • Frenchwood Community Primary School (0.4 miles)
  • St Ignatius' Catholic Primary School (0.5 miles)
  • Youth Challenge Pru (14.7 miles)
  • The Young Mums Unit (16.8 miles)
  • Thomas Whitham Sixth Form (19.2 miles)
  • Christ The King Catholic High School (0.6 miles)
  • Eden Boys' School, Preston (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

AskMe Q&A for Preston

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* Sizes listed are approximations. Please contact the agent to verify actual sizes.

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For more information about this property, please contact
Keenans Estate Agents, PR7 on +44 1257 802839 * (local rate)

Monthly running costs Beta

£539 Monthly total

Mortgage

Purchase price
Deposit (10%) 8,800
Repayment term 25
Interest rate 1.5
Your payment £316 /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 £750,000 Contents value up to £75,000 Average insurance cost £13/mo (£154/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

Energy

Gas £20 Electricity £26 Estimated energy cost £46/mo

Similar properties could save up to £166

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

Preston

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.

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.

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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 Keenans Estate Agents, and do not constitute property particulars. Please contact Keenans Estate Agents 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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