Summary - Apartment 10, Russell Court, Craggs Row PR1 1JG
2 bed 1 bath Flat
Allocated off-street parking space included
This ground-floor two-bedroom flat in central Preston offers straightforward rental or starter-home potential in a compact, low-maintenance package. The apartment sits in a modern purpose-built block with secure communal entry and an allocated off-street parking space — a useful premium in the city centre.
The bright open-plan kitchen/living area includes integrated appliances and a breakfast bar, creating a practical, sociable space that will appeal to students, professionals or buy-to-let tenants. The two additional rooms are flexible for sleeping, study or storage, and the property benefits from double glazing and gas central heating.
Buyers should note the flat is small at 533 sq ft and is in a multicultural student neighbourhood with very high local crime levels — factors that influence tenant demand and insurance costs. The lease has 231 years remaining; ground rent is modest (£156.48 p.a.) but the annual service charge is c. £1,207, which affects net rental yield and monthly ownership costs.
Overall, this property suits investors seeking a well-located, easy-to-manage city centre let or first-time buyers wanting low entry cost and convenient transport links. Cosmetic updating may be desired, but the home is move-in usable and competitively priced for a prompt sale or rental.
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