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Front Of Block
For sale
£90,000

Waltons Parade, Preston, Lancashire, PR1 8QT

2bedrooms
1bathroom
Flattype
Leaseholdtenure

Listed 20 Oct 2026 · Preston

How the price compares

This home£90,000
Median 2 bed in PR1£110k57 homes listed · £164 per sq ft
Difference-18%below the area median

Key features

  • Spacious two bedroom ground floor apartment
  • With tenant in situ and income of £9000 per annum
  • Excellent location for UCLan and Preston city centre
  • Vestibule, lounge/diner, modern fitted kitchen
  • Two good sized bedrooms and modern shower room
  • Allocated parking space to the rear
  • Viewing highly recommended

About this home

A Superb High-Yield Investment Opportunity!

Positioned in a prime and highly sought-after central location, this spacious and well-presented two-bedroom ground floor apartment represents a hassle-free addition to any property portfolio. The property is to be sold with a reliable tenant in situ, generating an immediate and attractive rental income of £9,000 per annum.

Bright and well-proportioned throughout, the accommodation briefly comprises an entrance vestibule leading into a generous lounge/diner—perfect for relaxing or entertaining. The sleek, modern fitted kitchen comes complete with integrated appliances, while two good-sized bedrooms offer comfortable living space. Completing the interior is a stylish, contemporary shower room.

Externally, the apartment benefits from the valuable addition of an allocated parking space situated to the rear of the building.

Location is key, and Waltons Parade excels. Situated within easy walking distance of Preston City Centre, the Mainline Train Station, the University of Central Lancashire (UCLan), and the beautiful, picturesque Avenham & Miller Parks, this location continues to drive high tenant demand.

Early viewing is highly recommended to secure this turnkey investment opportunity!

Please note that an AML fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks. Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.

Vestibule Wood panelled door to the front and radiator.

Lounge/Diner 4.24m x 3.68m Single glazed sash window to the front, wood flooring and radiator.

Kitchen 2.37m x 2.26m Modern fitted kitchen comprising of a range of wall and base units with complementary work surfaces, stainless steel sink and drainer, electric hob and oven with extractor, integrated fridge, freezer and dishwasher, part tiled walls and tiled flooring.

Inner Hallway With storage cupboard.

Bedroom One 4.04m x 3.25m Double glazed sash window to the rear and radiator.

Bedroom Two 4.09m x 2.84m Double glazed sash window to the rear and radiator.

Shower Room 2.31m x 2.23m Modern three piece shower room comprising of a walk-in shower cubicle, wash basin with vanity unit, low flush wc, radiator and extractor.

Parking Allocated parking space to the rear.

Council Tax Band & Tenure We have been advised by the seller that the Council Tax Band is Band A and the Tenure is Leasehold.

Property details

Property type
Flat
Council tax band
A
Tenure
Leasehold
Lease remaining
978 years left
Ground rent
£150 per year (Ask agent about the review period)
Service charge
£1,200 per year
Parking
Off street
Heating
Double glazing, Gas central
Electricity
Mains supply
Water
Mains supply

Floorplan

Floorplan

Location

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  • Preston Station0.1 mi
  • Lostock Hall Station2.4 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
Flat 12, Station Terrace, 8 - 10, Waltons Parade
Preston PR1 8QT
Flat
Leasehold
7 Aug 2026£76,500
6c, Waltons Parade
Preston PR1 8QT
Flat
Leasehold
19 Dec 2025£53,500
6b, Waltons Parade
Preston PR1 8QT
Flat
Leasehold
25 Mar 2025£58,000
Flat 4, Station Terrace, 8 - 10, Waltons Parade
Preston PR1 8QT
Flat
Leasehold
21 Nov 2024£160,000
2 Waltons Parade
Preston PR1 8QT
Terraced
Freehold
12 Sept 2024£230,000
Apartment 4, 1, Waltons Parade
Preston PR1 8QT
Flat
Leasehold
10 Jan 2024£74,500

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£450£9,000 deposit · £81,000 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 Entwistle Green, Preston on Rightmove (original listing). First listed 20 Oct 2026; details checked 7 Nov 2026. Latest change: added on 20/10/2026.

Agent disclaimer

Disclaimer - Property reference PNR250111. 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 Entwistle Green, 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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