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About This Property

Discover what makes this home special

This charming two-bedroom apartment in Preston offers a well-designed living space ideal for first-time buyers or investors. Featuring a spacious lounge with bay windows that flood the room with natural light, the property boasts a modern kitchen and dining area perfect for entertaining. The master bedroom includes an en-suite bathroom, while a second bedroom and a family bathroom provide ample accommodation for guests or family members.

Situated in the sought-after PR4 0JX area, this apartment benefits from a peaceful setting with easy access to local amenities and transport links. The south-east facing garden ensures good sunlight throughout the day, enhancing the outdoor space for relaxation. With a competitive price point of £107,200, this property represents excellent value in the Preston market.

Whether you're looking to settle in a vibrant community or seeking a rental investment, this apartment provides a comfortable and convenient lifestyle with strong potential for future growth.

Property Features

The property includes a contemporary kitchen equipped with integrated appliances and a dining area adjacent to the spacious lounge. The master bedroom benefits from an en-suite shower room, while the second bedroom is well-sized for flexible use. Additional features such as a storage cupboard and double glazing enhance the functionality and comfort of the home. The south-east facing garden offers a pleasant outdoor space with good sunlight exposure during the day.

En-suite bathroomBay window loungeModern kitchenDining areaSouth-east facing gardenStorage cupboard+2

Local Amenities

The apartment is conveniently located near reputable primary schools such as St. Teresa's Catholic Primary and Our Lady and St Edward's Catholic Primary, making it ideal for families. Preston Railway Station and Bus Station provide accessible public transport options for commuting to Manchester, Liverpool, and beyond. Local amenities include Booths Supermarket for everyday shopping and Moor Park for outdoor leisure. Sports enthusiasts will appreciate the proximity to Preston North End Football Club, adding to the community's vibrant atmosphere.

St. Teresa's Catholic Primary SchoolOur Lady and St Edward's Catholic Primary SchoolPreston Railway StationPreston Bus StationBooths SupermarketMoor Park+1
Preston Railway Station Train Station (2.5 miles, 10 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
65/100
ChallengingModerateGoodExcellent
Affordable entry price
Moderate transport connectivity
Stable rental demand
Limited international appeal

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
1h 10m
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 Moderate
Afternoon Good
Evening Low
Bedroom 2
Morning Moderate
Afternoon Good
Evening Low

Location Scores

60
Walk Score
Somewhat Walkable
55
Transit Score
Good Transit
50
Bike Score
Bikeable
View Location Details

Future Developments Nearby

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

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£107,200
AvailableNB0000019085
View Location Analytics

CHERWELL

Preston, Preston PR4 0JX
Calder Rise
2
Bedrooms
2
Bathrooms
750
Est. Sq ft
apartment
Type
Available Plot Numbers
179
1 plot(s) available
Ownershipleasehold

Request Information

£107,200CHERWELL

Enquire About This Property

CHERWELL
CHERWELL Preston£107,200

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