Summary - D3 The Warehouse Apartments, Victoria Street PR1 7QT
4 bed 1 bath Flat
Four-bedroom student flat with ensuites, vacant and auction sale—ideal for campus-focused investors..
Four bedrooms, each with private ensuite
Vacant and presented in clean decorative order
Convenient walk to University of Central Lancashire
Leasehold tenure; sold at auction
Electric room heaters — higher running costs than gas
EPC rating: C; built c.2003–2006 with double glazing
Area shows very high crime and very high deprivation
Overall size described as small (937 sq ft)
A four-bedroom purpose-built flat arranged as student accommodation, offered vacant and presented in clean decorative order. Each bedroom benefits from its own ensuite, making the layout straightforward for continued short-term or academic lettings. The open-plan kitchen/lounge provides a practical communal space for occupants.
The property sits close to the University of Central Lancashire and city-centre amenities, which supports lettings to students and young professionals. Constructed in the mid-2000s with double glazing and an EPC rating of C, the building is modern in style and requires only routine upkeep rather than major structural work.
Notable constraints for an investor are clear: the flat is leasehold, will be sold at auction, and relies on electric room heaters rather than central gas heating, which can mean higher running costs. The surrounding area registers very high crime and very high deprivation indices—factors that affect rental yields, insurance costs and tenant profiles.
This unit suits a buyer seeking an income-producing student-let close to campus or an investor ready to manage a city-centre, high-turnover tenancy. Prospective purchasers should review the legal pack, note the lease terms and budget for management, marketing and any minor upgrades or tailoring to maintain competitive lettings in a challenging local market.
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