Summary - Fishergate Hill, Preston, PR1 PR1 8JB
1 bed 1 bath Flat
Leasehold flat with long lease and immediate rental income, ideal for buy-to-let buyers.
Immediate income: tenant in situ, £5,760 pa
Long lease: circa 983 years remaining
Low ground rent: £30 per annum
Central location: near station, UCLan, city centre
Area concerns: very high crime, very deprived locality
Permit on-street parking only
Gas central heating and double glazing present
Attic room offers extra storage or potential
This second-floor one-bedroom apartment on Fishergate Hill offers immediate rental income with a tenant in situ generating £5,760 per annum. The property has a long lease (circa 983 years) and a low ground rent of £30, providing straightforward ownership terms for a leasehold investment.
Internally the flat is presented in modern, neutral condition with an open-plan living/kitchen, wooden flooring and a contemporary bathroom. At about 855 sq ft (as supplied) the layout includes an attic room for storage or further potential. Gas central heating, double glazing and permit parking add to practical appeal.
Location is highly central with easy access to Preston city centre, the train station, UCLan and local amenities — useful for student or professional lets. However, the area records very high crime levels and is classed as very deprived; these factors affect desirability and should be weighed against the rental return.
Overall this is a compact, well-maintained leasehold flat suited to a buy-to-let purchaser seeking immediate income and long-term stability from a long lease and low running costs. Viewings are advised to confirm layout and condition and to assess rental prospects against local market comparables.
2 bedroom flat for sale in New Hall Lane, Preston, Lancashire, PR1 — £79,950 • 2 bed • 1 bath • 605 ft²
1 bedroom flat for sale in Bishopgate, Preston, Lancashire, PR1 — £125,000 • 1 bed • 1 bath • 470 ft²
1 bedroom flat for sale in Samuel Street Preston PR1 4YJ, PR1 — £35,000 • 1 bed • 1 bath • 372 ft²
1 bedroom apartment for sale in Waltons Parade, Preston, PR1 — £84,950 • 1 bed • 1 bath • 330 ft²
2 bedroom flat for sale in Birley Street, Preston, Lancashire, PR1 — £65,000 • 2 bed • 1 bath • 617 ft²
1 bedroom flat for sale in Lune Street, Preston, Lancashire, PR1 — £47,500 • 1 bed • 1 bath
