Summary - 9 Kayley House, New Hall Lane PR1 4DP
1 bed 1 bath Apartment
Cheap, chain-free one-bedroom flat ideal for buy-to-let or low-cost city purchase..
Chain free one-bedroom second-floor apartment
A compact one-bedroom second-floor apartment in New Hall Lane, offered chain free and priced to sell at £50,000. The open-plan lounge and fitted kitchen create a practical living space, complemented by a double bedroom, modern bathroom and a small balcony. The property totals approximately 411 sq ft and was constructed between 2007–2011, with double glazing and an EPC rating of C.
This flat is best suited to a buy-to-let investor or a first-time buyer seeking a low-entry city asset. Broadband capability (FTTP) and excellent mobile signal support tenant demand, while proximity to bus routes, shops, Lidl, parkland and Preston city centre increases rental and resale appeal. Council tax is very cheap, helping running costs.
Important negatives are factual: the property is leasehold, uses electric room heaters (higher running costs than gas central heating), and sits in an area with high crime and very high deprivation levels. The overall size is small, so it will suit single occupancy or couples rather than families. Buyers should verify lease length, service charges and any ground rent before committing.
For investors, the combination of low purchase price, city-centre location and tenant-friendly connectivity could deliver strong yields, but factor in potential maintenance, electric heating costs and local area issues when assessing returns. Viewing recommended for anyone seeking an affordable city flat with immediate rental potential.
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