Let Flat

24 Cannon Street

Preston, Lancashire, PR1, PR1 3NR

1 beds 1 baths Listed 21 Nov 2025 (-204d)

£775 pcm

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# 1 bedroom flat for rent (PR1 3NR)

## Property Details

| Key | Value |
|-----|-------|
| Address | 24 Cannon Street, Preston, Lancashire, PR1, PR1 3NR |
| Price | £775 pcm |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Last sold | £98,000 |

## Description

Qube are delighted to bring to the market this stunning one-bedroom apartment in the newly renovated Cannon Street apartments. Comprising of a spacious double bedroom, sleek tiled bathroom and an open plan living and fitted kitchen area leading to a balcony. Within walking distance of the Town centre and fantastic transport links - this is the perfect location! Call to book your viewing today.

*Council Tax Band : A*

DEPOSIT: £894.23

AFFORDABILITY: £23,250

## Property Photos

- ![Picture No. 11](/listings/photos/169592768/224241) - Picture No. 11
- ![Picture No. 08](/listings/photos/169592768/224242) - Picture No. 08
- ![Picture No. 09](/listings/photos/169592768/224243) - Picture No. 09
- ![Picture No. 10](/listings/photos/169592768/224244) - Picture No. 10
- ![Picture No. 07](/listings/photos/169592768/224245) - Picture No. 07

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/169592768/224246) - EPC Rating Graph

## 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 | 0.35 miles | Rightmove |
| 1 Bed Terraced House, Stanley Place, PR1 | £875/mo | 1 | 0.43 miles | OpenRent |

**Average rent: £860/mo (2 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £860/mo).*

- **Gross yield:** 1331.6%
- **Monthly cashflow:** £746/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 3982.8%

*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)

Picture No. 11 Picture No. 08 Picture No. 09 Picture No. 10 Picture No. 07

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Property details

Deprivation

Decile 2 (5,778 of 33,755)

Street crime

666 incidents within 1 mile (Apr 2026)

Key features

Modern Property
Double Bedroom
Fully Furnished
Luxury Kitchen + Integrated Appliances
City Centre Location

Description

Listed by

Liverpool

QUBE RESIDENTIAL

Reference: 169592768

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

EPC Graphs

EPC Rating Graph

Rental Range

Estimated market rent for Preston. Low = conservative, Realistic = average, Optimistic = best case.

Low £702/mo

Realistic £780/mo

Optimistic £858/mo

Based on Local Authority from postcode lookup → Preston.

LHA (30th percentile) floor for Central Lancs: £449/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View PR1 3NR

Address

23 Cannon Street

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Shop	Waterstones	0.1 miles
Shop	Slaters	0.1 miles
Bus stop	Fishergate Stop E / Boots	0.1 miles
Bus stop	Preston Waterstones (Stand F)	0.1 miles
Train station	Preston	0.4 miles
University	University of Lancashire	0.6 miles
Hospital	Ramsay Fulwood Hall Hospital	2.1 miles
Train station	Preston Riverside	2.2 miles
Hospital	Royal Preston Hospital	2.3 miles
University	Westleigh Conference Centre	3.1 miles

Street-level crime

Category	Count
Violence and sexual offences	235
Anti-social behaviour	112
Public order	56
Shoplifting	50
Criminal damage and arson	47
Other theft	47
Vehicle crime	28
Drugs	27
Burglary	16
Other crime	13
Bicycle theft	12
Possession of weapons	11
Robbery	7
Theft from the person	5
Total incidents	666

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Imam Muhammad Zakariya School	Other	0.1 miles	Good — 2 Apr 2024
Stoneygate Nursery School	Nursery	0.2 miles	Good — 9 Jun 2019
St Augustine's Catholic Primary School, Preston	Primary	0.3 miles	Good — 27 Feb 2012
Cardinal Newman College	Other	0.4 miles	— (No rating)
University of Central Lancashire	Other	0.4 miles	— (No rating)

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	£845/mo	1	0.35 miles	Rightmove
1 Bed Terraced House, Stanley Place, PR1	£875/mo	1	0.43 miles	OpenRent

Average rent: £860/mo (2 listings)