We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · PR3 3YJ
Sold STCReduced £5k (−2.2%) on 8 JulListed 165 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Positioned in the heart of the historic Roman village of Ribchester, this stone terraced cottage offers a rare opportunity to acquire a home brimming with character and charm.
The property welcomes you into a beautiful living room, featuring a striking Inglenook fireplace and a woodburner, perfect for cosy evenings and creating a warm, inviting atmosphere.
The ground floor is enhanced by restored hardwood parquet tiled flooring, adding a touch of traditional style and sophistication.
The spacious dining kitchen provides ample room for both every-day meals and entertaining, with a practical layout that caters to modern living while retaining the cottage’s period appeal.
Upstairs, you will find two well-proportioned bedrooms, both benefiting from exposed stripped floorboards that complement the property’s original features and add to its rustic charm.
The shower room is tastefully designed. To the rear of the property there is an established 'country cottage' garden where you can soak up the sun or just sit with a coffee and relax.
This delightful cottage is ideally situated to enjoy all that Ribchester has to offer, from its rich heritage and scenic surroundings to its welcoming community and convenient local amenities.
Whether you are seeking a peaceful retreat or a charming home full of personality, this property presents an exceptional opportunity to embrace village living in a lovely setting.
Viewing is highly recommended to fully appreciate the warmth, style, and distinctive features this cottage has to offer.
EPC Rating: C Disclaimer Disclaimer: All information such as plans, dimensions, and details about the property's condition or suitability is provided in good faith and believed to be accurate, but should not be relied upon without independent verification.
Buyers or tenants must carry out their own checks. Appliances and systems (e.g. Electrics, plumbing, heating) haven’t been tested.
It’s strongly advised to get professional inspections before making any commitments. No employee or agent of Holdens Estate Agents is authorised to make promises or guarantees about the property.
These details are for general guidance only and do not form part of any contract.
If the property is leasehold, buyers should carefully review the lease terms, including length, rent, deposit, and any specific conditions.
All discussions with Holdens Estate Agents are subject to contract.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 35 Water Street, Preston
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