Guide price
£20,000
5 bed terraced house for sale7 St. Michaels Road, Preston PR1
5 beds
1 bath
Just added
Auction
Leasehold
About this property
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For sale by Under The Hammer online auction on Wednesday 16th September 2026. Head over to our website to download the legal pack, register to bid and see more information.
A Long Leasehold (800 Years) Investment Property producing 26,591.75 per annum internally arranged to provide Five Letting Rooms, extending to approximately 78 sq m (840 sq ft). The property is held on a 999 year lease from 1887 (approximately 860 years unexpired) and presents an income-producing investment opportunity.
The property is let to Cedar Care Group cic on a lease expiring 18th November 2044, producing a current rent reserved of £26,591.75 per annum. Please note there is an ongoing dispute relating to the leasehold interest and rent - purchasers must refer to the legal pack and Special Conditions of Sale for full details.
Externally, the property benefits from a Rear Yard.
Situated on St Michael's Road in the Deepdale area of Preston, the property is conveniently positioned for a range of local shops and everyday amenities, with Moor Park and Deepdale Stadium close by and Preston city centre within easy reach. Preston Railway Station is approximately 1.4 miles away, while regular bus services and the M55 and M6 motorway networks provide convenient access throughout Preston and the wider area.
Here's what to do next
If you would like your property to go into our next auction then contact our auction experts on or submit a valuation on our website
A Long Leasehold (800 Years) Investment Property producing 26,591.75 per annum internally arranged to provide Five Letting Rooms, extending to approximately 78 sq m (840 sq ft). The property is held on a 999 year lease from 1887 (approximately 860 years unexpired) and presents an income-producing investment opportunity.
The property is let to Cedar Care Group cic on a lease expiring 18th November 2044, producing a current rent reserved of £26,591.75 per annum. Please note there is an ongoing dispute relating to the leasehold interest and rent - purchasers must refer to the legal pack and Special Conditions of Sale for full details.
Externally, the property benefits from a Rear Yard.
Situated on St Michael's Road in the Deepdale area of Preston, the property is conveniently positioned for a range of local shops and everyday amenities, with Moor Park and Deepdale Stadium close by and Preston city centre within easy reach. Preston Railway Station is approximately 1.4 miles away, while regular bus services and the M55 and M6 motorway networks provide convenient access throughout Preston and the wider area.
Here's what to do next
- Visit - Our website and view the auction terms.
- View - Book a viewing directly through our website.
- Register - Get registered prior to the auction opening date.
- Legal Pack - Download and view the legal pack to find out all the relevant information.
- Prior Auction Offer - Want it now? Submit a prior auction offer through our website. All offer's go direct to the seller.
- Bidding - Everything is completed online through the website and the intuitive bidding controls.
If you would like your property to go into our next auction then contact our auction experts on or submit a valuation on our website
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More information
Tenure
Leasehold (800 years)
Service charge
Council tax band
A
Ground rent
Ground rent date of next review
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