Summary - Cannon Street, Preston, PR1 PR1 3AX
1 bed 1 bath Apartment
Exclusive development of twelve apartments, built 2024
This one-bedroom apartment sits in an exclusive 12‑unit development in Preston city centre, built in 2024 and finished to a contemporary specification. The open-plan living arrangement and integrated kitchen appliances suit a professional, student investor or first-time buyer seeking low-maintenance urban living close to transport links and amenities.
The property is leasehold and benefits from lift access, a secure entry system and double glazing. At around 952 sq ft it offers generous internal space for a one-bedroom apartment and strong rental potential given the nearby universities and city-centre services.
Buyers should note material facts plainly: heating is by electric room heaters (no gas central heating), the property is in a neighbourhood with very high crime statistics and the wider area is classified as very deprived. These factors may affect insurance, running costs and resale or rental pricing. Council tax is very cheap and there is no flooding risk.
For investors seeking a modern city-centre unit with straightforward management and good transport links, this apartment is a practical option. For owner-occupiers, weigh the convenience of urban living and new construction against the higher running costs of electric heating and local area safety considerations.
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