PR2, Preston house prices & rental yield

Postcode district in Preston, part of the PR postcode area

Likely student area · 1.8km from The University of Central Lancashire

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Looking for a property valuation in PR2? The average asking price above is a guide for the area as a whole, not a valuation of your specific property — a local estate agent or RICS surveyor can give you an accurate figure for that.

Average asking price
£235k
UK avg £340k
Average rent (pcm)
£895
UK avg £1,275
Gross rental yield
4.6%
2% above UK avg
Net yield (estimated)
3.4%
assumes ~25% costs, excl. mortgage
Crimes reported (2026-08)
305
196% above UK avg
Short-term let activity (Preston)
#188 of 318

Summary

PR2 has a gross rental yield of 4.6%, 2% above the UK average, ranking #5 of 10 PR postcode districts by yield.

Gross yield trend

-0.6pp since Jul
Jul: 6.3% 6.3% Jul Aug: 6.3% 6.3% Aug Sep: 6.5% 6.5% Sep Oct: 5.6% 5.6% Oct

Buy-to-let calculator

Stamp Duty (SDLT)—
Deposit required—
Mortgage payment (monthly)—
Letting agent fee (monthly)—
Est. net monthly cashflow—

Estimate only, for England/Northern Ireland SDLT rates. Assumes an interest-only mortgage and doesn't account for insurance, maintenance, voids, or other running costs. Not financial advice.

PR2 by bedroom count

BedroomsAvg buyAvg rentYieldSampled
Studio £55k — — 3 / 0
1 £78k £525 8.1% 25 / 21
2 £135k £825 7.3% 79 / 27
3 £235k £1,000 5.1% 128 / 40
4 £350k £1,300 4.5% 74 / 7
5+ £535k £1,385 3.1% 33 / 6

Nearby PR postcode districts, by yield

DistrictAvg buyAvg rentYield
PR1 £150k £800 6.4% Compare
PR5 £220k £950 5.2% Compare
PR3 £280k £1,150 4.9% Compare
PR4 £325k £1,248 4.6% Compare
PR9 £210k £795 4.5% Compare
PR25 £230k £850 4.4% Compare
PR7 £280k £862 3.7% Compare
PR26 £275k £762 3.3% Compare
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