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Tulketh Crescent Preston PR2 2RJ

North West

£850,000
Listed on 22/11/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

Located in the Tulketh Crescent area of Preston, this property offers a significant investment prospect with its 20 self-contained flats and studios. Currently, it generates a noteworthy annual rental income of £100,380 as of November 2025. Although the estate requires renovations, it boasts an expansive plot that opens up possibilities for development or enhancements that can boost its market value. The scale of the property allows for diverse living options, presenting an appealing choice for both landlords and potential tenants. Positioned within a community setting and in proximity to local amenities and transport links, it ensures accessibility and convenience for residents. With strategic investment and creative vision, this estate has the potential to evolve into a highly desirable residential complex, especially given the rising demand for rental properties in the region. In conclusion, this property represents not merely a structure but a blank canvas filled with potential—ideal for both seasoned investors and those embarking on their first property journey.

Investment Analysis

(PR2 area)
Area Average
£205/sq ft
Avg Rent (weekly)
£221
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
67
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (PR2)

Area prices are rising by +2.8% over the last 12 months
3 year growth: 7.1%
5 year growth: 21.5%
Investment Disclaimer: Analysis based on PR2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

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Location

Tulketh Crescent Preston PR2 2RJ
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