# 1 bedroom apartment for rent (PR1 3NU)

## Property Details

| Key | Value |
|-----|-------|
| Address | Flat 9 - 58-60 Guildhall Street, Preston, PR1 3NU |
| Price | £750 pcm |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Council tax | A |
| Last sold | £118,500 |

## Description

Now available to let is this modern and well presented one bedroom apartment right in the centre of Preston with Zero Deposit Guarantee!

Situated in a prime city centre position, this apartment offers contemporary open-plan living designed for comfort and convenience. The bright and spacious living area flows seamlessly into a modern fitted kitchen complete with integrated appliances, creating the perfect space for both relaxing and entertaining.

The generously sized double bedroom provides a calm and comfortable retreat, while the sleek bathroom is finished to a high standard with modern fixtures and fittings. The property is thoughtfully laid out to maximise space and natural light throughout.

Located just moments from Preston's main shopping districts, cafés, restaurants and leisure facilities, everything you need is right on your doorstep. Excellent transport links including Preston Train Station are within easy reach, making this property ideal for commuters and working professionals alike.

Offering the perfect blend of style, practicality and city living, this apartment is ideal for professionals seeking a low maintenance home in a vibrant central location.

Contact Open house Lancashire to get booked in to view! 

Council Tax Band: A

Holding Deposit: £173.07

## Property Photos

- ![Photo](/listings/photos/172568930/828227)
- ![Photo](/listings/photos/172568930/828229)
- ![Photo](/listings/photos/172568930/828230)
- ![Photo](/listings/photos/172568930/828232)

## Floorplans

- ![Floorplan 1](/listings/photos/172568930/828233) - Floorplan 1

## EPC Graphs

- ![EPC](/listings/photos/172568930/828236) - EPC

## Rental Range

*ONS Price Index of Private Rents (Preston). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £704/mo
- **Realistic:** £782/mo
- **Optimistic:** £860/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Central Lancs (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £449/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| [Flat 9 - 58-60 Guildhall Street, Preston](http://87.117.209.195:8080/listings/251c361) | £750/mo | 1 | 0 miles | Rightmove |
| Studio Flat, Porter Place, PR1 | £675/mo | 1 | 0.26 miles | OpenRent |
| Studio Flat, Avenham Terrace, PR1 | £699/mo | 1 | 0.31 miles | OpenRent |
| [Bishopgate Gardens , Bishopgate , Preston](http://87.117.209.195:8080/listings/96b0b16) | £920/mo | 1 | 0.32 miles | Rightmove |
| 1 Bed Flat, Grimshaw Place, PR1 | £699/mo | 1 | 0.33 miles | OpenRent |
| 1 Bed Flat, The Court Yard, PR1 | £750/mo | 1 | 0.39 miles | OpenRent |
| 1 Bed Flat, Beckett Court, PR1 | £750/mo | 1 | 0.48 miles | OpenRent |

**Average rent: £749/mo (7 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £750/mo).*

- **Gross yield:** 1200%
- **Monthly cashflow:** £647/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 3569.9%

*Gross yield = annual rent as % of price (no costs). Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)