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2 bed flat for sale Avenham Lane, Preston, PR1

Asking price

£50,000

Added on 18/10/2026

Type: Flat
Bedrooms: 2
Bathrooms: 1
Tenure: Leasehold

About this property

Investment Opportunity with Tenant in Situ – Modern 12th-Floor Apartment with Stunning Views

Situated on the 12th floor of the popular Sandown Court development in Preston, this modern and well-proportioned apartment offers an exceptional opportunity for buy-to-let investors looking for an immediate return. The property comes with a reliable tenant currently in situ, generating a steady rental income of £5,820 per annum.

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

27 comparables · within 2.8 miles

Cheaper than 100% of the 2-bed flats for sale nearby right now.

This home, £50,000 Median £100,000 · £65,000 – £153,200

Compared with 27 2-bed flats for sale within 2.8 miles, on the market now or already under offer. The range is the middle 80% of their asking prices.

Location

Avenham Lane, Preston, PR1

Open map Street View

Mortgage and stamp duty

Property price £50,000

£25k £75k

Deposit10% £5,000

£0 £50k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £45,000 mortgage. Most lenders would want a household income of about £10,000 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
Flat 102, Sandown Court, Avenham Lane Flat / maisonette	Flat / maisonette	Nov 2025	366 sq ft £90/sq ft	366 sq ft	£90	£33,000
Flat 61, Sandown Court, Avenham Lane Flat / maisonette	Flat / maisonette	Nov 2025	700 sq ft £86/sq ft	700 sq ft	£86	£60,000
Flat 64, Sandown Court, Avenham Lane Flat / maisonette	Flat / maisonette	Jul 2023	495 sq ft £131/sq ft	495 sq ft	£131	£64,950
Flat 92, Sandown Court, Avenham Lane Flat / maisonette	Flat / maisonette	Nov 2021	710 sq ft £77/sq ft	710 sq ft	£77	£55,000
Flat 87, Sandown Court, Avenham Lane Flat / maisonette	Flat / maisonette	Oct 2021	420 sq ft £67/sq ft	420 sq ft	£67	£28,000
Flat 100, Sandown Court, Avenham Lane Flat / maisonette	Flat / maisonette	May 2019	700 sq ft £66/sq ft	700 sq ft	£66	£46,000
Flat 78, Sandown Court, Avenham Lane Flat / maisonette	Flat / maisonette	Jun 2018	678 sq ft £58/sq ft	678 sq ft	£58	£39,000
Flat 88, Sandown Court, Avenham Lane Flat / maisonette	Flat / maisonette	Apr 2018	409 sq ft £87/sq ft	409 sq ft	£87	£35,500