Free Preview Used

You've used your free preview. Sign up to continue exploring properties!

About This Property

Discover what makes this home special

This charming two-bedroom apartment in Preston offers a perfect blend of modern living and convenience. Featuring a spacious lounge and dining area, a well-equipped kitchen, and two comfortable bedrooms including a master with en-suite, the property is ideal for small families, couples, or professionals. The layout maximizes natural light and provides a practical flow between rooms, ensuring a comfortable living environment.

Situated in the sought-after PR4 area, this apartment benefits from excellent transport links, proximity to local amenities, and access to green spaces. Whether you're looking for a first home or a smart investment, this property presents a compelling opportunity in a thriving community with strong rental demand and growth potential.

Property Features

The apartment boasts a modern fitted kitchen with integrated appliances, a spacious lounge and dining area ideal for entertaining, and two well-sized bedrooms. The master bedroom benefits from an en-suite shower room, while a separate bathroom serves the rest of the property. Additional storage space and double-glazed windows enhance comfort and practicality throughout.

En-suite bathroomFitted kitchenSpacious loungeDining areaStorage cupboardDouble glazing+1

Local Amenities

Located within easy reach of Preston city centre, the property offers access to a variety of amenities including reputable schools such as St Teresa’s RC Primary and Ashton Community Science College. The nearby Preston Railway Station provides excellent rail connections to Manchester and Liverpool. Residents can enjoy local green spaces like Moor Park and convenient shopping options including Booths Supermarket, making everyday living comfortable and accessible.

Preston Railway StationSt Teresa’s RC Primary SchoolAshton Community Science CollegeBooths SupermarketMoor ParkPreston City Centre+1
Preston Railway Station Train Station (2.3 miles, 8 mins drive) • 50 mins to Manchester

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£107,200
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£45/mo
Estimated Ground Rent£4/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£107,200
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£45/mo
Estimated Ground Rent£4/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Moderate Opportunity
68/100
ChallengingModerateGoodExcellent
Good rental demand in student and commuter market
Proximity to major transport hubs
Limited international recognition of Preston compared to major cities

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£107,200
Mortgage Deposit (Min 25%)-
Stamp Duty + 2% Surcharge-
Legal Fees (Intl Complex)£3,500
AML & ID Verification£500
Bank Transfer Fees£1,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£45/mo
Estimated Ground Rent£4/mo
Mortgage-
Full Management (10%)-
Landlord's Insurance£35/mo
Est. Rent-
Net Monthly-
Key Considerations for International Buyers
+2% Stamp DutyAdditional surcharge for non-UK residents on property purchases
Higher DepositMost lenders require 25-40% deposit for non-UK residents
AML ComplianceEnhanced due diligence and source of funds verification required
Property ManagementFull management service recommended for overseas landlords

Investment Analytics

Key metrics for investors & buyers
Gross Rental Yield
5.6%
Based on £500/mo rent
Area Price Growth
+1.8%
Average annual increase
5-Year Value Forecast
£117,087
+£9,887 projected gain
5-Year Rent Forecast
£644/mo
Based on 5.2% annual growth
Price per Sq Ft£143
Annual Rent Income£6,000
10-Year ROI224%
Break-Even Point17 yrs

Property Value Projection

Based on 1.8% annual growth
£117,087
5yr
£127,885
10yr
£139,679
15yr
£152,561
20yr
£166,631
25yr
Current: £107,200

Monthly Rental Income

Based on 5.2% annual growth
£644
5yr
£830
10yr
£1,070
15yr
£1,378
20yr
£1,776
25yr
Current: £500/mo
* Projections are estimates based on historical market data and are not guaranteed. Past performance does not indicate future results.

Property Features

Local Area & Amenities

Floorplans

Ground Floor

Property Floorplan

Site Plan

Site Plan

Location

Commute Time Planner

Manchester Piccadilly
50 mins
45 mins
Liverpool Lime Street
55 mins
50 mins

Sun Path & Natural LightAI generated - Estimated

NESW
South-East-Facing Excellent
7h
Garden Sun (Summer)
Yes
Morning Sun
No
Afternoon Sun

Room-by-Room Light Analysis

Lounge
Morning Excellent
Afternoon Good
Evening Moderate
Kitchen
Morning Good
Afternoon Moderate
Evening Low
Bedroom 1
Morning Good
Afternoon Moderate
Evening Low
Bedroom 2
Morning Moderate
Afternoon Good
Evening Low

Location Scores

65
Walk Score
Somewhat Walkable
55
Transit Score
Good Transit
60
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Mixed-use+Positive Impact
Preston City Centre Regeneration
2.5 milesEst. 2025
* Information based on local planning applications and may be subject to change

Loading location insights...

£107,200
AvailableNB0000019087
View Location Analytics

CHERWELL

Preston, Preston PR4 0JX
Calder Rise
2
Bedrooms
2
Bathrooms
750
Est. Sq ft
apartment
Type
Available Plot Numbers
181
1 plot(s) available
Ownershipleasehold

Request Information

£107,200CHERWELL

Enquire About This Property

CHERWELL
CHERWELL Preston£107,200

Property Assistant

Ask me anything