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    Data sources: HM Land Registry · EPC Open Data · Ordnance Survey · ONS and other open data.

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    1. Home
    2. Preston properties
    3. 2 bed flat for sale in Spalding Avenue, Preston PR3
    Full property analysis
    OverviewAboutValue & compsReturnsDealAreaAgent & docsFAQ

    Stricter Pursue picks

    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.

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    1 / 5

    Flat, Spalding Avenue, Preston, PR3 1TN

    2-bedroom flat · PR3 1TN

    558 sq ft1 bathGround floor flat · Modern decor throughout · Two bedrooms
    Asking
    £130,000

    Listing removed · Listed 513 days

    Investor metrics
    Sign in to see yield, deal score, rent estimate, and BMV.

    Opportunity summary

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    About

    The property

    This well-presented two-bedroom, ground-floor apartment offers comfortable living in a convenient location, complete with allocated parking at the front of the building.

    Guest access is secure and easy via a video intercom system, and residents can enjoy a communal rear garden with open countryside views.

    Upon entering, a welcoming hallway provides direct access to all rooms, including two bedrooms, a bathroom, a storage cupboard, and a spacious open-plan living room and dining kitchen.

    Both bedrooms can accommodate double beds. The primary bedroom benefits from fitted wardrobes, offering plenty of storage.

    The modern bathroom features a shower over the bath, WC, wash basin with built-in storage, and a heated towel rail, combining style and practicality.

    The open-plan kitchen diner is ideal for everyday living and entertaining, with space for both dining and lounge furniture.

    The kitchen is equipped with a range of wall and base units, a fitted washing machine, oven, gas hob with extractor fan, and space for a fridge freezer.

    Additional benefits include a recently fitted combi boiler, installed in 2022. Do not miss this opportunity - Call to book your viewing today!

    Key information

    Price per sq ft
    £233/sq ft
    Based on 558 sq ft (52 sq m)
    Floor area
    558 sq ft (52 sq m)
    Council tax band
    Band C
    Estimated ~£1,600/year
    Tenure
    Leasehold
    Local authority
    Wyre
    District
    County
    Lancashire County
    Property features
    • Ground floor flat
    • Modern decor throughout
    • Two bedrooms
    • Walking distance to Garstang Town Centre
    • Allocated and visitor parking
    • **CHAIN FREE**
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    Value & comps

    What is it worth?

    No previous sales on record.

    Comparable salesNo comps yet
    No comparable sales matched this property yet.

    Returns

    What does it return?

    Set an offer; the calculator follows it.

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    Local SA Market

    We're still gathering serviced-accommodation data for this area.

    Archie refurb estimate: a Pro feature·

    Feeds your report · not a commitment

    0.0% below asking

    Model

    Run the numbers.

    BTL · HMO · BRRR · SA · Flip — editable, saved scenarios
    Investment calculatorBTL · BRRR · HMO · Flip · SA · R2R — editable inputs, saved scenarios
    Investment Disclaimer

    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.

    Mortgage

    Deal

    Is it a deal?

    ✨
    Archie’s verdict
    PursueArchie has scored this property.
    Sign in to see Archie's call — Pursue, Watch or Pass — with the reasons and a suggested offer.
    25/100
    Deal score · weighted
    Weak signals — move on

    Factor breakdown
    BMV discountNot calculated, and not zero — there is no value estimate for this property to discount against.
    0/25
    Yield potential—
    0/25
    Motivation signalsNot enough data
    0/25
    Days on market513 days · price-fatigue
    25/25
    —
    Seller motivation
    Not scored yet

    Days on market513
    Price reduction—
    STC fall-through—
    Back to market—
    Agency change—
    EPC rating—
    Listing timeline
    First listedListed at £130,00031 May 2025
    Still activeDay 513 on marketToday
    Strategy fit
    No strategy scores available yet.
    Article 4Not verified - check with the council

    HMO Conversion Potential

    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.

    Tier, yield projection, and cost stack — Pro tier only.

    PD Conversion Potential

    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.

    Tier, route, yield projection, and cost stack - Pro tier only.

    BRRR Candidate

    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.

    Tier, refurb cost, ARV, and refi maths - Pro tier only.

    Plot subdivision potential

    Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

    Lease extension arbitrage

    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.

    Serviced Accommodation

    Pro

    See projected short-stay revenue vs a vanilla BTL for this property.

    Rent-to-Rent strategy fit

    Pro

    See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.

    Area

    The area

    Living here

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    Location
    More market detail▾
    PR3 · Live market data · flat only
    PR3 aggregates aren't available right now. The full comparables table below still loads — try refreshing in a few minutes.

    Agent & docs

    Move it forward

    Listing agent
    LOVE HOMES, Garstang logo
    LOVE HOMES, Garstang
    listed on rightmove
    01995910357
    16a High Street Garstang PR3 1FA
    View on rightmove

    View more properties from this agentIs this your home? Ask us to remove this listing
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    FAQ

    Questions

    About Flat , Spalding Avenue, Preston,PR3

    How much is Flat , Spalding Avenue, Preston,PR3?
    The asking price is £130,000.
    What kind of property is Flat , Spalding Avenue, Preston,PR3?
    A 2-bedroom flat in PR3 1TN.

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