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See how verdicts work2-bedroom flat · PR2 6PF
For saleListed 48 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This spacious ground‐floor apartment offers an elegant and contemporary living environment, perfectly suited to a first‐time buyer or small family.
Beautifully presented throughout, the layout is thoughtfully arranged with an entrance hallway leading to a generous living room and a newly renovated kitchen on the ground floor, while the first floor provides two double bedrooms and a modern bathroom.
The property is leasehold, with management company charges of £100 per month.
The kitchen is impressively appointed with high‐gloss slate grey cabinetry, full‐size integrated fridge and freezer, built‐in microwave and oven, and a Zanussi induction hob paired with a pull‐out AEG extractor.
Plumbing is in place for a washing machine, with additional space for a dryer, and an instant hot water tap adds a touch of luxury.
The living room is exceptionally well‐proportioned, featuring a useful understairs storage cupboard and ample space for a dining table and chairs.
A window to the front elevation ensures the room feels bright and welcoming. Upstairs, both bedrooms are generous doubles overlooking the front of the property.
The principal bedroom benefits from Sharps fitted wardrobes with soft‐touch opening, incorporating drawers and hanging space, and easily accommodates a super‐king bed.
The bathroom completes the accommodation with a large step‐in shower featuring a rainfall head and handheld attachment, WC, sink, and towel radiator.
Economy 7 radiators have been recently upgraded throughout.
Externally, there is parking to the front of the property and a communal garden to the side elevation, offering a pleasant outdoor space for residents
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
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FAQ
About 1 Travers Lodge, Grange Avenue, Preston
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