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See how verdicts work2-bedroom bungalow · PR5 0JU
For saleListed 872 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ben Rose Estate Agents are pleased to present to market this charming two-bedroom bungalow situated on a quiet cul-de-sac in the much sought-after village of Gregson Lane.
While the home is in need of some modernisation, it offers an ideal project opportunity for buyers looking to make it their own.
Ideally placed in a semi-rural location, the property is still within easy reach of local shops and amenities and benefits from excellent travel links via local bus routes and the M6, M61, and M65 motorways.
As you step into the entrance hall, you’ll find access to the majority of the rooms.
To the front of the home are two generously sized double bedrooms, with the second bedroom benefiting from fitted wardrobes.
Adjacent is a three-piece family bathroom featuring a standalone shower and a large storage cupboard that houses the combi boiler. Additional storage can be found off the hall.
The lounge, located at the end of the hall is of a good size, featuring a cozy electric fireplace and new laminate flooring throughout.
Despite the current set up, the existing chimney offers the possibility of converting back to a traditional fireplace if desired.
Patio doors from the lounge provide access to the garden, and an adjoining door leads to the kitchen/diner.
This space, while in need of some modernisation, offers ample room for a dining table and offers plenty of space for wall and base units.
From the kitchen, you can access the conservatory/sunroom, a delightful and versatile space that also provides entry to both the garage and the garden.
Externally, the property boasts a good-sized south-facing garden to the rear, adorned with mature trees and shrubs.
The garden features both a lawn and a patio area, ideal for outdoor relaxation and entertaining.
At the front, the driveway offers off-road parking for two cars, with the lawn also providing the option to be converted into additional parking space if needed.
New double glazing has been fitted throughout the rear of the home, and the attic spans the width and length of the home, presenting potential for conversion, subject to the necessary planning permissions.
Full of character and charm, this bungalow presents a unique opportunity to create a personalised living space in a highly desirable location.
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 Lydric Avenue, Hoghton, Preston
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