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Tulketh Crescent Preston PR2 2RJ

North West

£850,000
Listed on 26/11/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

Situated in the Tulketh Crescent area of Preston, this property represents a notable investment opportunity for those looking to capitalize on rental potential. Comprising 20 self-contained flats and studios, it currently produces an annual rental income of £100,380 as of late 2025. This sizable estate requires renovation work, but it boasts extensive land, providing opportunities for both enhancement of existing units and potential future development. The variety offered by the 20 units allows for flexible living arrangements, which can cater to diverse tenant needs. Conveniently located near essential amenities and transport options, this property stands to benefit from ongoing demand in the rental market. With strategic improvements and a clear vision, this estate could be reimagined into a highly desirable residential complex, well-positioned to attract future tenants. In essence, this property is not merely a structure; it is a blank slate for future possibilities awaiting the right investor to realize its full potential.

Investment Analysis

(PR2 area)
Area Average
£204/sq ft
Avg Rent (weekly)
£226
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£200,000 - £350,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
79
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (PR2)

Area prices are stable by 0.0% over the last 12 months
3 year growth: 6.7%
5 year growth: 19.4%
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.

Location

Tulketh Crescent Preston PR2 2RJ
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£3,114
Based on a loan of £637,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE