2-bedroom bungalow · PR1 9TG
For saleListed 60 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**This property is part of the Shared Ownership Scheme and is subject to restrictions under this scheme. This advert is to own 70% of the property, with Places For People owning the other 30%.
- the property can however be purchased at an increased percentage.
For enquiries regarding applications and eligibility please contact our office** Ben Rose Estate Agents are pleased to present to market this delightful detached retirement bungalow within the highly regarded Penwortham Hall Gardens complex in sought-after Penwortham.
Designed for over-55s living, it offers a comfortable single-level layout, peaceful surroundings and excellent access to everyday amenities.
Penwortham village provides independent shops, cafés and bars, while Preston city centre, Longton, Hurst Grange Park and local schools are close by, with rail services from Preston and easy access to the M6 and M65.
Entering the home, the porch opens directly into the lounge, providing a welcoming approach and access into the main living space.
The spacious lounge sits to the front and offers a comfortable setting for relaxing, with doors leading through to the fitted kitchen at the rear.
The kitchen provides useful storage and workspace, with access to the communal gardens.
From the inner hall, the master bedroom is positioned to the rear, offering generous double proportions and fitted wardrobes, while the three-piece shower room and second single bedroom complete the accommodation, with the latter enjoying a front aspect.
Outside, the property benefits from convenient off-road parking, with open front gardens and communal seating areas creating a welcoming approach.
The surrounding gardens are all maintained and communal, providing attractive outdoor spaces for residents to enjoy and completing this comfortable, convenient retirement home.
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 12A, Penwortham Hall Gardens, Preston
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