Auction

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Auction

1/15

1 bed flat for sale Bishopgate, Preston, PR1

Guide price

£60,000

Added on 26/09/2026

For sale by auction

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

Highlights

From the agent's description

Chain free
Communal gardens
Concierge
Open-plan kitchen/diner

About this property

Prime investment opportunity offering a fantastic yield. To be sold via Modern Method of Auction - T&C's apply.

Luxurious one bedroom 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;

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.

Location

Bishopgate, Preston, PR1

Open map Street View

Mortgage and stamp duty

Property price £60,000

£30k £90k

Deposit10% £6,000

£0 £60k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £54,000 mortgage. Most lenders would want a household income of about £12,000 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
B9 Bishopgate Gardens, Bishopgate Flat / maisonette · new build	Flat / maisonette · new build	Jul 2024	n/a	n/a	n/a	£195,000
B34 Bishopgate Gardens, Bishopgate Flat / maisonette	Flat / maisonette	Dec 2022	n/a	n/a	n/a	£230,000
B50 Bishopgate Gardens, Bishopgate Flat / maisonette	Flat / maisonette	Oct 2022	n/a	n/a	n/a	£390,000
B21 Bishopgate Gardens, Bishopgate Flat / maisonette · new build	Flat / maisonette · new build	Jul 2022	n/a	n/a	n/a	£180,500
B54 Bishopgate Gardens, Bishopgate Flat / maisonette · new build	Flat / maisonette · new build	Jul 2022	n/a	n/a	n/a	£245,000
B2 Bishopgate Gardens, Bishopgate Flat / maisonette · new build	Flat / maisonette · new build	Jul 2022	n/a	n/a	n/a	£135,000
B33 Bishopgate Gardens, Bishopgate Flat / maisonette	Flat / maisonette	Jun 2022	n/a	n/a	n/a	£230,000
B48 Bishopgate Gardens, Bishopgate Flat / maisonette · new build	Flat / maisonette · new build	Jun 2022	n/a	n/a	n/a	£205,000