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1 bed flat for sale Bishopgate, Preston, PR1

Offers over

£115,000

Added on 26/09/2026

Type: Flat
Bedrooms: 1
Bathrooms: 1
Size: £245 per sq ft
Tenure: Leasehold

Highlights

From the agent's description

Chain free
Communal gardens
Concierge
Open-plan kitchen/diner

About this property

Fantastic investment opportunity offering a 6.85% yield. Luxurious one bedroom fourth floor apartment located in the heart of Preston city centre offering excellent access to the new cinema and entertainment development. No chain delay and viewing highly recommended.

The accommodation briefly comprises; a superb open plan lounge / breakfast kitchen with integrated appliances, spacious master bedroom and modern bathroom.

Floorplan

Council tax

Ask agent

Per year

Band A

£1,717
Band B

£2,003
Band C

£2,290
Band D

£2,576
Band E

£3,148
Band F

£3,721
Band G

£4,293
Band H

£5,151

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Preston, 2026/27 bills run from £1,717 a year in band A to £5,151 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Preston, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Price guide

This home

£245 / sq ft

Area average (sold)

£201 / sq ft

Price per area, sold homes nearby

£113 / sq ft

£245 / sq ft

£295 / sq ft

Lowest

This home

Highest

£245 per sq ft, above the middle of recent sales in PR1 (£113–£295, 10th–90th percentile, 1,361 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 1,361 homes sold in PR1 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in PR1 →

Location

Bishopgate, Preston, PR1

Open map Street View

Mortgage and stamp duty

Property price £115,000

£57k £173k

Deposit10% £12,000

£0 £115k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £103,000 mortgage. Most lenders would want a household income of about £23,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
A46 Bishopgate Gardens, Bishopgate Flat / maisonette	Flat / maisonette	Dec 2022	n/a	n/a	n/a	£230,400
A54 Bishopgate Gardens, Bishopgate Flat / maisonette	Flat / maisonette	Sept 2022	n/a	n/a	n/a	£195,000
A59 Bishopgate Gardens, Bishopgate Flat / maisonette · new build	Flat / maisonette · new build	Aug 2022	n/a	n/a	n/a	£135,000
A53 Bishopgate Gardens, Bishopgate Flat / maisonette	Flat / maisonette	Jul 2022	n/a	n/a	n/a	£242,500
A30 Bishopgate Gardens, Bishopgate Flat / maisonette · new build	Flat / maisonette · new build	Jul 2022	n/a	n/a	n/a	£116,375
A21 Bishopgate Gardens, Bishopgate Flat / maisonette · new build	Flat / maisonette · new build	Jul 2022	n/a	n/a	n/a	£125,000
A42 Bishopgate Gardens, Bishopgate Flat / maisonette · new build	Flat / maisonette · new build	Jun 2022	n/a	n/a	n/a	£128,925
A26 Bishopgate Gardens, Bishopgate Flat / maisonette · new build	Flat / maisonette · new build	Jun 2022	n/a	n/a	n/a	£115,000