3-bedroom flat · PR1 3NA
For saleListed 524 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in an excellent residential location with easy walking distance of Winckley Square, Avenham and Miller parks, city centre and train station, this delightful second floor apartment forms part of a substantial double fronted former gentleman's residence retaining many original features.
The property is accessed via a secure GSM, phone operated intercom and keypad door entry system to a an entrance vestibule and fantastic reception hallway, impressive staircases to first and second floors lead to the second floor landing area.
The property also boasts a cellar which is shared by all the residents for storage. Private entrance hallway, great sized lounge, fitted kitchen diner, three bedrooms and three piece bathroom.
There is private off road parking to the rear.
Only internal inspection can fully appreciate the size and configuration of the accommodation to be found in this superb apartment of charm and character.
Leasehold information: Service Charge: £2233 per annum Length of the Lease: 999 Years Start Date of the Lease: 30/07/2004 Council Tax Information: Band C Agent Note In order to purchase a property in the UK, all estate agents are legally required to conduct identity checks on everyone involved in the transaction, in line with anti-money laundering regulations.
Farrell Heyworth outsource this process to a trusted third party, and a non-refundable charge will apply. Please contact your local branch for further details.
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
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FAQ
About Ribblesdale Place, Preston
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