A Lower Ground Floor One Bedroom Flat Subject to a Periodic Tenancy Producing £7,200 Per Annum

What it costs to own

The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.

What it's likely to sell for

From what comparable lots actually sold for against their guide, in Cornerlot's results.

Energy rating

Auction House UK hasn't published a rating for this lot. Ask for the certificate or check the legal pack: in England and Wales, a commercial property rated F or G can't be let without a registered exemption.

How it compares

History

• First listed on Cornerlot 17 Oct 2026.

Auction House UK's record

About the lot

Leasehold mixed use lot in Preston. Producing £7,200 a year, a 16.0% gross yield at the guide.

Lot -, 1 Bed Property For Sale. A Lower Ground Floor One Bedroom Flat Subject to a Periodic Tenancy Producing £7,200 Per Annum: The property comprises a lower ground floor one bedroom flat situated within a Grade II Listed building arranged over lower ground, ground and two upper floors. Tenure: Leasehold. The property is held on a 250 year lease from 1st January 2017 (thus approximately 240 years unexpired ). Location: The property is situated on a residential road close to local shops and amenities. The open spaces of Miller Park are within easy reach. Transport links are provided by Preston rail station. Accommodation: Lower Ground Floor Reception Room Kitchen Bedroom Bathroom. Exterior: The property benefits from allocated parking and a private terrace. Tenancy: The property is subject to a Periodic Tenancy at a rent of £600 per calendar month. The property has not been inspected by Auction House London. All information has been supplied by the vendor. Services: Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.