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1 Eldon Street, Preston, Lancashire, PR1 7YD - Image 1
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1 Eldon Street, Preston, Lancashire, PR1 7YD

North West

£32,000
Listed on 08/04/2026

Property Details

Bedrooms
2
Type
Flat

Description

This two-bedroom first floor flat presents a promising opportunity for those looking to invest in a renovation project. Located in the Plungington area of Preston, the property features an enclosed rear yard, offering potential for outdoor space enhancement. The flat is currently vacant and requires modernisation, making it ideal for both renovation enthusiasts and investors seeking a project to enhance value. Its proximity to local amenities, including shops, schools, and healthcare facilities adds to its appeal, while transport connections are readily accessible via bus and nearby Preston Railway Station. With the right vision, this property can be transformed into a contemporary living space that maximises its location advantages.

Investment Analysis

(PR1 area)
Area Average
£183/sq ft
Avg Rent (weekly)
£195
Avg Yield
6.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
60
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (PR1)

Area prices are falling by -5.1% over the last 12 months
3 year growth: +6.1%
5 year growth: +8.8%
Investment Disclaimer: Analysis based on PR1 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

1 Eldon Street, Preston, Lancashire, PR1 7YD
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£113
Based on a loan of £24,000 over 30 years at 3.91% 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.

Stamp Duty Calculator

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