4-bedroom house · PR2 8LS
Listing removedReduced £10k (−3.6%) on 9 JulListed 230 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Fantastic opportunity to purchase this well presented detached house set in a highly desirable location.
Within easy reach of the local amenities, Royal Preston Hospital, transport links, reputable schools and with Highgate Woods on the door step.
Croftgate, is a quiet cul de sac that is always highly sought after with buyers as it feels tucked away, yet is conveniently close to everything.
All of the properties look different which adds to the appeal and most are on good plots.
This home offers a traditional layout and upon entering there is an entrance hall with a staircase leading up to the first floor and doors through to both the lounge and the kitchen.
The spacious lounge has a bay window the front allowing generous amounts of natural light into the room. The focal point is the brick fireplace housing a gas fire.
This room is fully open through to the dining room with French doors leading out to the rear garden so the dual aspects are unique.
This open space is of generous proportions, yet provides scope to split into two reception rooms if desired.
Or one could increase the kitchen size by opening up the wall from the dining area to the kitchen. (subject to the necessary building regulations).
The kitchen overlooks the side of the property and also has a UPVC door leading out on to the rear.
For those looking to put their own stamp on the property, the kitchen would benefit from modernisations.
On the first floor there is a generous landing area with access to the three piece shower room, two double bedrooms and two single bedrooms.
Some of the bedrooms have stripped wooden flooring and others are carpeted. Bedroom one has fitted wardrobes to one wall, 3 doubles so plenty of storage.
Externally there is a front lawned garden with hedge borders which creates an attractive kerb appeal, and the driveway offers parking for three to four cars.
Additionally, there is a detached brick built single garage, with pedestrian door, power and light, ideal for storage or a hobby space.
The garden is secluded and is fence enclosed and benefits from a west facing outlook so gets plenty of sun. The is a flagged patio and open walkway to the driveway.
The most costly renovations were made to the property approximately five years ago and these include a a new roof, a new combination boiler and new UPVC double glazed windows and doors throughout.
Any remaining cosmetic improvements are optional on the internal rooms but not essential.
Priced attractively to sell and allowing for any improvements desired, this home will not linger for long so do be sure to book early viewings
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 11, Croftgate, Preston
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