About This Property

Discover what makes this home special

The Grasmere is a well-appointed one-bedroom apartment located in a peaceful residential development within the PR4 0NB area, near Preston in Lancashire. This property offers a spacious bedroom, a modern bathroom, and an open-plan kitchen and lounge area, ideal for first-time buyers or investors seeking a low-maintenance home. Situated on plot 445, this apartment benefits from good natural light due to its north-west facing aspect, ensuring comfortable living throughout the day.

Positioned within easy reach of Preston city centre, The Grasmere provides excellent connectivity with nearby train stations and bus routes, making commuting straightforward. The surrounding area includes a variety of local amenities such as schools, supermarkets, parks, and eateries, catering well to everyday needs. The property represents a solid investment opportunity in a growing area with steady demand for rental properties.

Property Features

This apartment boasts an open-plan kitchen and lounge area that maximizes space and light, perfect for modern living. The spacious bedroom offers ample room for furniture and storage, complemented by a contemporary bathroom with full amenities. Additional storage space is provided by a dedicated cupboard, enhancing practicality. The property benefits from double glazing and central heating, ensuring comfort and energy efficiency year-round.

Open-plan kitchen and loungeSpacious bedroomModern bathroomStorage cupboardDouble glazingCentral heating

Local Amenities

The Grasmere enjoys proximity to reputable educational institutions such as Hutton Grammar School and St Michael's CE High School, making it suitable for families. Preston Train Station is approximately 3.5 miles away, providing direct rail services to Manchester and Liverpool. Local shopping needs are met by Broughton Retail Park and Tesco Express, while leisure options include Ashton Park and various local pubs and restaurants. This blend of amenities ensures convenience and a balanced lifestyle for residents.

Hutton Grammar SchoolSt Michael's Church of England High SchoolPreston Train StationBroughton Retail ParkAshton ParkThe White Bull Pub+1
Burscough Bridge Train Station (1.3 miles, 5 mins drive) • 45 mins by train to Liverpool

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£137,750
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£57/mo
Estimated Ground Rent£5/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
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Purchase Costs
Total Price£137,750
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£57/mo
Estimated Ground Rent£5/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Moderate Opportunity
65/100
ChallengingModerateGoodExcellent
Steady rental demand in student and commuter market
Limited direct international transport links
Affordable entry price
Moderate future development plans in area

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
Specialist international mortgagesSpeak to a broker experienced with non-UK resident buyers
Get Advice
International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£137,750
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£57/mo
Estimated Ground Rent£5/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 £643/mo rent
Area Price Growth
+1.8%
Average annual increase
5-Year Value Forecast
£150,454
+£12,704 projected gain
5-Year Rent Forecast
£828/mo
Based on 5.2% annual growth
Price per Sq Ft£306
Annual Rent Income£7,716
10-Year ROI224%
Break-Even Point16 yrs

Property Value Projection

Based on 1.8% annual growth
£150,454
5yr
£164,330
10yr
£179,485
15yr
£196,038
20yr
£214,118
25yr
Current: £137,750

Monthly Rental Income

Based on 5.2% annual growth
£828
5yr
£1,068
10yr
£1,375
15yr
£1,772
20yr
£2,284
25yr
Current: £643/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

Liverpool Lime Street
45 mins
40 mins
Manchester Piccadilly
1h 10m
50 mins

Sun Path & Natural LightAI generated - Estimated

NESW
North-West-Facing Moderate
6h
Garden Sun (Summer)
No
Morning Sun
Yes
Afternoon Sun

Room-by-Room Light Analysis

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

Location Scores

55
Walk Score
Somewhat Walkable
40
Transit Score
Some Transit
48
Bike Score
Somewhat Bikeable
View Location Details

Future Developments Nearby

Mixed-use Commercial & Residential+Positive Impact
Burscough Town Centre Regeneration
1.5 milesEst. 2025
* Information based on local planning applications and may be subject to change

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£137,750
AvailableNB0000055311
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The Grasmere

This will be auto populated from Develpoment on Save, Preston PR4 0NB
Bartle Meadows
1
Bedrooms
1
Bathrooms
450
Est. Sq ft
apartment
Type

Developer

Morris Homes
Available Plot Numbers
445
1 plot(s) available
Ownershipleasehold

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£137,750The Grasmere

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The Grasmere
The GrasmereThis will be auto populated from Develpoment on Save£137,750

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