# 1 bedroom flat for rent (PR1 1AT)

## Property Details

| Key | Value |
|-----|-------|
| Address | Bishopgate Gardens , Bishopgate , Preston, PR1 1AT |
| Price | £950 pcm |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Last sold | £127,500 |

## Description

A Fantastic Opportunity to rent a Luxurious Apartment Situated in Preston City Centre. The Apartments are Truly Unique and have been Finished to the Highest Standard Throughout including Many High Quality Appointments and Fittings. The Apartments are Ideally Located to Make the Most of Everything Preston City Centre has to Offer, It is only a Short Walk from Local Restaurants, Bars, Preston Market and Local Transport Links Including Preston's Bus and Train Station.

In Bishopgate Gardens you will have full access to the On Site Concierge Service, In House Coffee Shop, Shared Working Accommodation and On Site Residency Manager that will Create a Fantastic Area for Residents to Work and Socialise.

## Property Photos

- ![IMG_5782](/listings/photos/164680109/528395) - IMG_5782
- ![IMG_5783](/listings/photos/164680109/528400) - IMG_5783
- ![IMG_5784](/listings/photos/164680109/528402) - IMG_5784
- ![IMG_5785](/listings/photos/164680109/528405) - IMG_5785
- ![IMG-8082](/listings/photos/164680109/528407) - IMG-8082
- ![IMG-6243](/listings/photos/164680109/528410) - IMG-6243
- ![IMG-6168](/listings/photos/164680109/528414) - IMG-6168

## EPC Graphs

- ![Energy Efficiency](/listings/photos/164680109/528418) - Energy Efficiency
- ![Environment Impact](/listings/photos/164680109/528421) - 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 |
|------|------|------|------|------|
| [Bishopgate Gardens, Bishopgate, Preston](http://87.117.209.195:8080/listings/8f245c4) | £845/mo | 1 | 0 miles | Rightmove |
| 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 |
| 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: £884/mo (7 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £845/mo).*

- **Gross yield:** 1067.4%
- **Monthly cashflow:** £732/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 3187.3%

*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)