3-bedroom terraced house · PR2 7BD
Sold STCListed 54 daysAuction 29 Sep · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by Under the Hammer online auction on Tuesday 29th September 2026. Head over to our website to download the legal pack, register to bid and see more information.
6 Weeks Completion Available (or sooner) A Vacant Freehold 3 bedroom terraced house offering excellent potential for refurbishment and value enhancement.
Requiring modernisation throughout, this well-proportioned property presents an ideal opportunity for investors, developers, or owner-occupiers seeking to improve and add value in a convenient residential location.
The ground floor accommodation briefly comprises an entrance hallway, spacious open-plan lounge diner, fitted kitchen, useful storage rooms, and a downstairs WC.
To the first floor, the property offers three bedrooms, a family bathroom, and an additional studio room providing flexible space suitable for a home office, dressing room, or hobby room.
The property requires refurbishment throughout, offering significant scope for cosmetic improvement and reconfiguration subject to any necessary consents.
Externally, the property benefits from front and rear outdoor space with potential for landscaping and enhancement.
Located in the popular area of Hey Preston, the property is conveniently positioned close to a range of local amenities, schools, supermarkets, and transport links.
Preston city centre is easily accessible, whilst nearby road networks including the M6 and M55 provide excellent commuter connections across Lancashire and beyond.
This is an attractive opportunity to acquire a sizeable family home with strong investment and resale potential. Here's what to do next Visit - Our website and view the auction terms.
View - Book a viewing directly through our website. Register - Get registered prior to the auction opening date. Legal Pack - Download and view the legal pack to find out all the relevant information.
Prior Auction Offer - Want it now? Submit a prior auction offer through our website. All offer's go direct to the seller.
Bidding - Everything is completed online through the website and the intuitive bidding controls.
If you would like your property to go into our next auction then contact our auction experts on or submit a valuation on our website
Value & comps
No previous sales on record.
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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 starting price
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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 150 New Rough Hey, Preston, PR2 7BD
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