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 · PR4 0FQ
Sold STCListed 151 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Quote ref NR0608 the price of £68,000 represents A 40% share of the property. The rent on the remaining 60% share is £269.61 per month plus A service charge of £51.47.
You can buy any share from 25% to 100% - contact me for more information / eligibility criteria. A Fantastic First Step Onto the Property Ladder!
This superb mews home is the perfect starter property, offering low running costs thanks to its impressive ‘B’ EPC rating.
With two allocated parking spaces, a charming outdoor space, and a delightful open outlook, it’s an excellent opportunity for first-time buyers.
Situated in a semi-rural location, it provides a peaceful setting while remaining just minutes from major road networks and local amenities.
Set back from Sidgreaves Lane, the property welcomes you into a bright and spacious lounge, filled with natural light.
A staircase leads to the first floor, while an inner hallway provides access to a convenient ground-floor WC.
The well-appointed kitchen boasts a fantastic range of wall and base units, ample work surface space, and room for a dining table.
With a rear-facing window and French doors opening onto the garden, it’s a lovely spot to cook, dine, and entertain.
Upstairs, the generous landing leads to an impressively sized main bedroom with a stunning view to wake up to each morning.
The second bedroom is a comfortable single, overlooking the rear garden and featuring a large built-in storage cupboard.
The modern three-piece bathroom completes the first floor, comprising a bath with an overhead shower, a washbasin, and a WC.
Externally, the property benefits from two side by side allocated resident parking to the rear.
A handy gate provides access to the enclosed garden, which is mainly laid to lawn with a patio area —ideal for relaxing or entertaining.
If you're looking for a stylish, low-maintenance home in an excellent location, this exceptional mews property on Sidgreaves Lane could be just what you're searching for.
For more information or to arrange a viewing, contact Nick Reid Property Solutions today.
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.
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FAQ
About Spruce House, Sidgreaves Lane, Preston
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