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For saleReduced 19 Aug 2026
£525,000Offers over

Church Street News, Church Street, Preston, PR1 3BT

Studio
Housetype
Freeholdtenure

Listed 15 Jul 2026 · price reduced 19 Aug 2026 · Preston

How the price compares

This home£525,000
Median studio in PR1£75k8 homes listed · £167 per sq ft
Difference+600%above the area median

Key features

  • Fantastic Development Opportunity
  • Planning Permission for 15 Apartments, Each with En-suites.
  • Estimated Monthly Income of £9,000
  • Perfect for Student Accommodation
  • Fully Operating Shop
  • Mix of Residential and Commercial Space.
  • Prime City Centre Location

About this home

Guildhall Sales and Lettings are excited to welcome Church Street News to the market. Located in the heart of Preston!

This property is not just a building; it's a fantastic development opportunity waiting for the right buyer. Situated in a prime city centre location, this property offers the best of both worlds - a mix of residential and commercial space.

This property comes with planning permission for 15 apartments, each with en-suites. Imagine the potential this holds, especially for those looking to invest in student housing. With an estimated monthly income of £9,000, this property is not only a smart investment but also a lucrative one.

This opportunity has the added benefit of having a fully operating shop maximising the monthly income.

Whether you're looking to expand your property portfolio or start a new venture, this property on Church Street is a gem waiting to be discovered. Don't miss out on this incredible opportunity to own a piece of prime property in Preston.

For further information or to arrange a viewing, please call the team on .

Property details

Property type
House
Tenure
Freehold

Location

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1 on this map

  • Preston Station0.5 mi
  • Lostock Hall Station2.4 mi
  • Bamber Bridge Station2.6 mi

What nearby homes sold for

Median sold prices in PR1 over the last 12 months: semi-detached £210k · terraced £125k · detached £325k · flat £105k.

AddressTypeSoldPrice
119a, Church Street
Preston PR1 3BT
Other
Freehold
27 Mar 2025£215,000
135b, Church Street
Preston PR1 3BT
Other
Freehold
30 Aug 2024£215,000

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in PR1

Buying costs

Monthly repayment£2,626£52,500 deposit · £472,500 loan
Stamp Duty£16,250England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Guildhall Residential Sales, Preston on Rightmove (original listing). First listed 15 Jul 2026; details checked 7 Nov 2026. Latest change: reduced on 19/08/2026.

Agent disclaimer

Disclaimer - Property reference 34810964. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Guildhall Residential Sales, Preston. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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