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See how verdicts work3-bedroom detached house · PR9 8BY
Sold STCListed 195 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set on a generous plot of 1.62 acres (0.66ha) OTA, this beautiful former farmhouse combines classic charm with modern living, offering extraordinary potential for lifestyle and leisure.
Situated on a quiet country road in Banks, the property is within easy reach of Southport as well as the City of Preston.
Upon entering the property, the hallway leads right into a spacious living room offering dual aspect windows, overlooking the beautifully landscaped front and rear gardens.
The living room boasts an eye catching woodburning stove set within a stone and brick hearth with wooden mantel over.
A second living room area provides a cosy retreat or a versatile space for entertaining, again boasting a beautiful and inviting woodburning stove.
This living area flows seamlessly into a well-appointed kitchen, designed for both everyday family life and entertaining.
There are integrated appliances, spot lighting overhead as well as a breakfast bar for informal dining.
The formal dining room is accessed from the kitchen and provides another excellent space for family gatherings.
A glazed link connects the main house to a well appointed and versatile single storey extension boasting an independent side door, utility room, secondary bathroom and additional living room with vaulted ceiling.
This space not only complements the main house, but offers scope for use as an additional bedroom or self contained annex for a relative or dependent.
Moving upstairs, three generous bedrooms await, including a master suite offering dual aspect windows to front and back.
The middle bedroom is of a good size and has been configured to offer separate bedroom and walk in wardrobe space which could easily be reconfigured to add a fourth upstairs bedroom.
The family bathroom features contemporary fittings, offering a three piece suite with double width shower, WC and sink with plenty of natural light and overhead spot lighting enhancing the space.
The third bedroom is accessed from the family bathroom via a Jack and Jill style door.
This bedroom also benefits from an independent staircase down to the dining room and offers further scope for reconfiguration for independent living quarters.
Outside, the property benefits from a large plot of 1.62 acres OTA.
Two large storage barns sit to the rear of the property, offering enormous potential for alternative uses such as workshops, studios, or hobby spaces—perfect for those seeking flexibility alongside a country lifestyle.
The landscaped front garden, ample parking, and open surroundings create a sense of privacy and tranquillity.
Expansive views over the surrounding countryside complete the picture of serene rural living giving a rare opportunity to enjoy a combination of versatility and space, perfect for families or anyone looking to embrace the freedom of life in the countryside.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs

FAQ
About Gravel Lane, Banks, Southport, Lancashire
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