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For saleReduced 29 Oct 2026
£75,000

Grafton Street, Preston, PR1 8JH

Studio
Apartmenttype
Leaseholdtenure

Listed 28 Sept 2026 · price reduced 29 Oct 2026 · Preston

How the price compares

This home£75,000
Median studio in PR1£75k8 homes listed · £167 per sq ft
Difference0%in line with the area

Key features

  • Ground Floor
  • Parking
  • Currently Tenanted Achieving £600pcm
  • Excellent Investment Opportunity
  • Close To The Town Centre
  • 9% Gross Yield (If purchased at full asking price)

About this home

*Investor opportunity with a 9.2% rental yield. There is a proven tenancy gaining £575per calendar month.*

*Jones Cameron Estate Agents are happy to manage this property for the first year at 7%.+VAT of the monthly rent!*

63 Grafton Street, Preston, presenting a fully tenanted ground-floor property with immediate rental income. This low-maintenance two-bedroom home is perfectly suited for landlords looking to expand their portfolio with a reliable, hands-off asset. Generating a steady income of £600 per calendar month, the property delivers strong rental yields right from the day of completion, bypassing the hassle of finding new occupants and avoiding initial void periods.

The layout comprises a welcoming ground-floor entrance, a functional living area, a fitted kitchen, and two well-proportioned bedrooms. Situated within the popular PR1 area of Preston, the property benefits from a highly accessible location close to a wealth of local amenities, public transport networks, and the bustling city centre. This strong local rental demand makes it a resilient addition to any residential portfolio.

Whether you are an established investor seeking reliable monthly cash flow or a first-time landlord looking for a secure entry point into the Preston market, this ready-made property represents excellent value. Internal viewings are highly recommended to appreciate the scope of this turn-key investment, with the current tenant remaining in situ.

Property details

Property type
Apartment
Council tax band
A
Tenure
Leasehold
Service charge
£540 per year
Parking
Yes

Floorplan

63 Grafton Street - Floorplan.jpg

Location

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  • Preston Station0.3 mi
  • Lostock Hall Station2.3 mi
  • Bamber Bridge Station2.8 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
34 Grafton Street
Preston PR1 8JH
Terraced
Freehold
29 Apr 2026£108,500
58 Grafton Street
Preston PR1 8JH
Terraced
Freehold
14 Apr 2026£130,000
72 Grafton Street
Preston PR1 8JH
Terraced
Freehold
13 Mar 2026£145,000
57 Grafton Street
Preston PR1 8JH
Terraced
Leasehold
9 Jan 2026£65,000
68 Grafton Street
Preston PR1 8JH
Terraced
Freehold
5 Aug 2025£200,000
25 Grafton Street
Preston PR1 8JH
Terraced
Freehold
28 Mar 2025£163,000
66 Grafton Street
Preston PR1 8JH
Semi-detached
Freehold
20 Mar 2025£178,000
32 Grafton Street
Preston PR1 8JH
Terraced
Freehold
31 Jan 2025£120,000
72 Grafton Street
Preston PR1 8JH
Terraced
Freehold
27 Nov 2024£120,000

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£375£7,500 deposit · £67,500 loan
Stamp Duty£0England 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 Jones Cameron Estate Agents, Preston on Rightmove (original listing). First listed 28 Sept 2026; details checked 7 Nov 2026. Latest change: reduced on 29/10/2026.

Agent disclaimer

Disclaimer - Property reference 34961862. 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 Jones Cameron Estate Agents, 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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