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Tulketh Crescent Preston PR2 2RJ

North West

£790,000
Listed on 01/02/2026

Property Details

Bedrooms
N/A
Type
Detached house

Description

Located in the sought-after Tulketh Crescent area of Preston, this property offers a significant investment opportunity with its 20 self-contained flats and studios. Currently yielding an annual rental income of £100,380 as of November 2025, this estate stands out due to its potential for renovation and development. The expansive land surrounding the property opens up various avenues for enhancement or expansion, making it a versatile option for maximizing value. Given the number of units available, there is considerable flexibility in how the space can be adapted to meet market demands. Conveniently positioned near local amenities and transport links, this property is well-placed for attracting future tenants. With strategic investment and a clear vision, it has the potential to evolve into a desirable residential complex that addresses the increasing need for rental housing in the community. This estate represents not just an acquisition but a unique chance to transform a promising canvas into an attractive living space.

Investment Analysis

(PR2 area)
Area Average
£209/sq ft
Avg Rent (weekly)
£212
Avg Yield
5.0%

Renovation Potential

Heavy 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
80
Average per month
Market Turnover
43%
Properties sold annually

Local Market Trend (PR2)

Area prices are falling by -2.9% over the last 12 months
3 year growth: +5.1%
5 year growth: +18.1%
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 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,849
Based on a loan of £592,500 over 30 years at 4.06% 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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