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 work1-bedroom house · PR2 2GB
Listing removedListed 156 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
One bedroom, One reception room, Fitted kitchen with appliances. Economy 7 heating, Allocated parking, Large private balcony. Highly sought after marina location with views.
Modern living with waterside charm and local amenities on your doorstep. Positioned over looking the marina and located in the Princes Reach development.
Moments away from local shops and amenities with excellent transport links to Preston or further afield using the motorway network.
Offered for sale chain free, this property is an ideal choice for first time buyers, retired couples or someone seeking an investment property.
Totally modernised in 2025, this flat boasts a modern fitted kitchen with appliances, recently fitted bathroom with shower, new hot water system, and partially upgraded heating.
Private entrance access to front, balcony area to rear, sunny aspect, full double glazing. Early viewing is highly recommended to appreciate the qualities of this rare find.
Access is via own front door to:- Hallway. 1.2m x 3.2m with heater, alarm panel and electric consumer unit. Walkin storage / cloaks cupboard. Kitchen.
2.3m x 2.8m narrowing to 1.5m having a range of base and wall units, with built in glass hob, built in fan oven, 1 ½ bowl sink with mixer tap, over extractor fan and washer dryer.
Under pelmet lighting. Double glazed window. Lounge. 3.4m x 5.1m narrowing to 3.8m, with telephone point, heater and double glazed upvc window / door leading to balcony. Bedroom.
3.3m x 3.3m double glazed window, heater, coved ceiling. Bathroom. 2.1m x 2.8m part tiled walls with recently fitted, bath and shower, vanity unit / sink and back to the wall toilet.
Shaver point, window mounted extractor fan. Airing cupboard with hot water tank, controls and storage. Insulation / heating.
The property benefits from upvc double glazed windows and economy 7 storage radiators. External. The property has managed communal garden areas and an allocated free parking space.
Council tax Band B and EPC rating C
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

FAQ
About Princes Reach, Navigation Way, Preston, PR2 2GB
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