Summary - Cannon Street, Preston, PR1 PR1 3AX
2 bed 2 bath Apartment
- Two bedrooms and two bathrooms, layout suits sharers or professionals
- Lift access and secure entry system to all floors
- Contemporary kitchen with integrated appliances included
- Built 2024, low immediate maintenance and modern finishes
- 666 sq ft average-sized apartment in city-centre location
- Leasehold tenure; check lease length and service charges
- Electric room heaters (no gas central heating) may raise running costs
- Very high local crime rate and very deprived neighbourhood classification
This two-bedroom, two-bath apartment in Cannon Street sits within an exclusive 12‑unit development completed in 2024, offering contemporary open-plan living across circa 666 sq ft. The layout, two bathrooms and lift access make it suitable for sharers, professionals or student lets, while modern fitted kitchen appliances and UPVC double glazing reduce immediate maintenance needs.
The central location places the property in Preston city centre close to the University of Central Lancashire, transport links and a wide range of amenities — a clear advantage for rental demand. Fast broadband and excellent mobile signal support remote working and modern tenant expectations.
There are important practical considerations: the property is leasehold, uses electric room heaters rather than gas central heating, and sits in a locally very deprived area with a very high crime rate. Prospective buyers should factor potential service charges, lease terms and higher insurance or security costs into purchase calculations.
Overall this is a low‑maintenance, modern urban apartment with good connectivity and rental appeal, particularly for investors targeting students or young professionals. Buyers seeking long‑term owner-occupation should weigh area characteristics and heating costs against the convenience of city-centre living.
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