# 1 bedroom flat for rent (PR1 1AT)

## Property Details

| Key | Value |
|-----|-------|
| Address | B42 BISHOPGATE GARDENS, BISHOPGATE, PRESTON, LANCASHIRE PR1 1AT |
| Price | £825 pcm |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Last sold | £134,850 May 2022 |

## Description

This unique 1 bedroom 1 bathroom unfurnished apartment at Bishopgate Gardens offers a rare opportunity to secure a home in one of Preston?s most desirable and sought after residential developments. Apartments in this building rarely come to market, making this an excellent opportunity for tenants seeking something special.

Positioned to take full advantage of its elevated outlook, the apartment benefits from impressive views across Preston, creating a bright and airy living environment. Large windows allow natural light to fill the open plan living and kitchen area, enhancing the sense of space and openness throughout the home.

The kitchen is finished with modern cabinetry and integrated appliances, providing a clean and contemporary space that is both stylish and practical. The open layout allows flexibility for tenants to furnish and personalise the space to suit their own lifestyle.

The bedroom is well proportioned and offers a peaceful retreat, with ample space for furnishings and storage. The bathroom is finished to a modern standard, featuring quality fittings and a sleek, neutral design.

Bishopgate Gardens is known for its excellent location and strong reputation, offering convenient access to Preston city centre, transport links, shops, restaurants and local amenities. The development provides a quiet and well maintained residential environment while remaining close to everything the city has to offer.

This is a rare chance to rent a unique apartment with outstanding views in one of Preston?s most desirable developments, and early viewing is highly recommended.

## Property Photos

- ![B28 living](/listings/photos/172671332/528385) - B28 living
- ![b28 kitchen 2](/listings/photos/172671332/528386) - b28 kitchen 2
- ![b28 kitchen](/listings/photos/172671332/528387) - b28 kitchen
- ![b28 bed](/listings/photos/172671332/528388) - b28 bed
- ![b28 bath](/listings/photos/172671332/528389) - b28 bath

## EPC Graphs

- ![Energy Efficiency](/listings/photos/172671332/528390) - Energy Efficiency
- ![Environment Impact](/listings/photos/172671332/528391) - Environment Impact

## Rental Range

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

- **Low:** £702/mo
- **Realistic:** £780/mo
- **Optimistic:** £858/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 |
|------|------|------|------|------|
| 1 Bed Flat, Bairstow Street, PR1 | £900/mo | 1 | 0.32 miles | OpenRent |
| 1 Bed Flat, Chaddock Street, PR1 | £750/mo | 1 | 0.33 miles | OpenRent |
| Studio Flat, Preston, PR1 | £650/mo | 1 | 0.4 miles | OpenRent |
| Studio Flat, Kinema House, PR1 | £650/mo | 1 | 0.43 miles | OpenRent |
| Studio Flat, Avenham Terrace, PR1 | £699/mo | 1 | 0.51 miles | OpenRent |
| 1 Bed Flat, Moor Heights, PR1 | £675/mo | 1 | 0.66 miles | OpenRent |
| 1 Bed Flat, Percy Street, PR1 | £995/mo | 1 | 0.71 miles | OpenRent |
| Studio Flat, Moor Ln, PR1 | £498/mo | 1 | 0.75 miles | OpenRent |
| 1 Bed Bungalow, Harcourt St, PR1 | £1,550/mo | 1 | 0.88 miles | OpenRent |

**Average rent: £819/mo (9 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £699/mo).*

- **Gross yield:** 1016.7%
- **Monthly cashflow:** £601/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 3013.7%

*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)