2-bedroom bungalow · PR2 3TX
For saleReduced £10k (−4.5%) on 14 JulListed 257 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
In today’s competitive property market, finding a home that perfectly balances comfort, convenience, and charm can be a challenge.
However, this two-bedroom semi-detached bungalow offers a fantastic opportunity for prospective homeowners seeking a peaceful yet accessible living environment.
Ideally located close to local amenities, schools, and transport links, this property is more than just a house-it’s a home full of potential.
As you approach the bungalow, the well-maintained gardens immediately catch the eye, enhancing the property’s curb appeal while offering serene outdoor spaces perfect for relaxation or entertaining.
The added benefit of off-road parking ensures ease of access, eliminating the hassle of street parking.
Upon entering the bungalow, you are greeted by a spacious hallway that sets a welcoming tone for the rest of the home.
This inviting entrance leads into the various living areas, creating a seamless flow throughout the property.
At the heart of the home is the generously sized lounge, which is filled with natural light streaming through the large window.
This bright and airy space is ideal for unwinding after a long day or hosting gatherings with friends and family.
The bungalow features two well-proportioned double bedrooms, each with its own unique charm.
Bedroom one stands out, with fitted wardrobes that maximize space and provide practical storage solutions, helping to keep the rooms clutter-free and contributing to the overall tranquility of the home.
The kitchen is equipped with modern wall and base units offering plenty of storage, as well as integrated appliances that make meal preparation both efficient and enjoyable.
This well-appointed space is perfect for both everyday cooking and entertaining guests.
Completing the property is the family shower room, which serves the private areas of the bungalow with both style and practicality, ensuring daily routines are handled with ease and comfort.
In summary, this two-bedroom semi-detached bungalow presents an excellent opportunity for those in search of a comfortable and convenient home.
With its well-kept gardens, spacious living areas, and modern amenities, it offers the perfect blend of functionality and charm. Don’t miss the chance to make this delightful property your own.
EPC Rating: D
Value & comps
No previous sales on record.
Returns
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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 216 Tag Lane, Preston
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