Summary -
175b Eldon Street,Ashton-On-Ribble,PRESTON,PR2 2BA
PR2 2BA
1 bed 1 bath Flat
Freehold two-flat investment with loft conversion potential near Preston city centre.
Combined gross rent £1,200 PCM across two self-contained one-bed flats
Freehold mid-terrace with private rear yard and two outbuildings
Opportunity to add a third flat in loft (subject to planning permission)
Close to city centre, university and major transport links
Area: high rental demand but very deprived with above-average crime
Roof damage visible externally — maintenance likely required
Offered with tenants in situ or vacant possession, no chain
Low council tax and excellent broadband/mobile connectivity
Two self-contained one-bedroom flats in an Edwardian mid-terrace, offered freehold with tenants in situ or vacant possession. Currently producing a combined gross rent of £1,200 PCM, the property sits close to Preston city centre, university and strong transport links — a straightforward buy-to-let in a high-demand rental neighbourhood.
Both flats have open-plan living/kitchen layouts, double bedrooms and modern shower rooms; the ground-floor flat also benefits from private rear yard access and two useful outbuildings for storage or utility conversion. There is scope (subject to planning) to convert the loft and add a third self-contained flat, which could materially increase rental income and long-term value.
The location is a cosmopolitan, private-renting neighbourhood popular with students and new arrivals, with excellent mobile and broadband connectivity and easy access to local amenities and parks. Important practical points: the area is classified as very deprived with above-average crime rates, and the terrace shows some roof damage noted externally — factor maintenance and local demand into purchase planning.
This opportunity suits investors seeking immediate income with upside from a loft conversion, or a buyer prepared to refurbish and manage a two-flat block in a strong rental catchment. Council tax costs are low, and the property is offered with no chain, simplifying acquisition for a buyer who wishes to act quickly.
2 bedroom flat for sale in Lovat Road, Preston, PR1 — £155,000 • 2 bed • 1 bath • 1178 ft²
2 bedroom terraced house for sale in New Hall Lane, Preston, PR1 — £150,000 • 2 bed • 2 bath • 947 ft²
4 bedroom house for sale in Station Road, Bamber Bridge, PR5 — £139,950 • 4 bed • 2 bath • 657 ft²
3 bedroom flat for sale in Winckley Square, Preston, PR1 — £220,000 • 3 bed • 2 bath
3 bedroom terraced house for sale in Tulketh Road, Ashton-on-Ribble, Preston, Lancashire, PR2 — £155,000 • 3 bed • 2 bath • 1431 ft²
3 bedroom terraced house for sale in Tulketh Crescent, Ashton-on-Ribble, Preston, Lancashire, PR2 — £225,000 • 3 bed • 3 bath • 1066 ft²
