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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 in the Plungington area of Preston presents an excellent opportunity for investors or those looking to create a personalised living space. The property features a rear yard that's enclosed, adding outdoor appeal to this residential unit. While currently in need of modernisation, its vacant status allows for immediate renovations and updates to maximise its potential. Located conveniently close to local amenities and public transport options, including Preston Railway Station, this flat is situated in a vibrant neighborhood that supports community living with essential services nearby. With thoughtful refurbishment, this property could transform into a charming home or a profitable rental investment.

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.

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