Summary - A21, Bishopgate Gardens, Bishopgate, PRESTON PR1 1AS
1 bed 1 bath Flat
Modern 2022 one-bedroom flat with tenant in place and strong rental yield..
Tenant in situ delivering immediate income and circa 6.85% yield
Modern 2022 build with contemporary open-plan living and integrated appliances
Double-glazed floor-to-ceiling windows and low-maintenance communal facilities
Residents' concierge and communal rooftop gardens add rental appeal
Leasehold tenure — check lease length and service/ground rent costs
Electric room heaters and electricity-fuelled heating — potentially higher running costs
Located in a very deprived area with very high crime levels — affects resale demand
470 sq ft one-bedroom; compact city-centre layout suited to renters
This fourth-floor one-bedroom apartment in central Preston is aimed squarely at investors seeking immediate rental income. With a tenant in situ and a reported yield of about 6.85%, the property offers hands-off cashflow from day one and benefits from recent construction (2022) and contemporary finishes.
The open-plan lounge and fitted kitchen with integrated appliances, double-glazed floor-to-ceiling windows and modern bathroom present a low-maintenance, city-centre living package attractive to students and young professionals. Residents’ facilities include a concierge, communal rooftop gardens and a shared lounge, which help market the flat to renters drawn to amenity-rich apartments.
Key practical points are clear: the flat is leasehold and uses electric room heaters, with electricity as the main fuel, so running costs should be checked. The building sits in a very deprived area with very high recorded crime levels — important considerations for long-term capital growth and some tenant types.
Overall, this is a straightforward buy-to-let opportunity for an investor who values immediate income and modern, low-maintenance accommodation in Preston city centre. Buyers should review the lease length, service charges and exact running costs before committing.
1 bedroom flat for sale in Bishopgate, PRESTON, Lancashire, PR1 — £100,000 • 1 bed • 1 bath • 442 ft²
2 bedroom flat for sale in Cubic, Birley Street, Preston, Lancashire, PR1 — £79,995 • 2 bed • 1 bath • 435 ft²
1 bedroom flat for sale in Cross Street, Preston, Lancashire, PR1 — £75,000 • 1 bed • 1 bath • 412 ft²
1 bedroom flat for sale in Samuel Street Preston PR1 4YJ, PR1 — £35,000 • 1 bed • 1 bath • 372 ft²
1 bedroom flat for sale in Lune Street, Preston, Lancashire, PR1 — £47,500 • 1 bed • 1 bath
1 bedroom flat for sale in Room Apartments, Lawson Street, Preston, Lancashire, PR1 — £89,950 • 1 bed • 1 bath • 490 ft²
