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See how verdicts work5-bedroom house · PR3 2EA
For saleListed 235 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
KO1148 -The Old Rib Farm sits comfortably within its generous plot.
Its stone walls reflect centuries of occupation, while careful restoration and later additions allow the house to support modern life without altering its essential character.
Longridge village lies only minutes away, yet the house feels entirely separate, shaped by land, history, and continued care.
The Property Extending across approximately 1.55 acres, this outstanding Grade II listed home provides substantial accommodation arranged across three levels, with each room formed within the original structure or sensitively adapted over time.
Exquisite leaded windows look onto courtyards, lawns, and terraces, ensuring the landscape remains part of daily life. Alongside the main house, a detached annexe introduces further independence.
Its own entrance, kitchen, and living space allow extended family, guests, or longer-term occupation independently of the main residence.
The gardens surrounding both buildings provide privacy and definition, creating an environment that feels enclosed and settled.
Accommodation in brief - Entrance hall - Lounge with study - Living room - Open plan kitchen with dining - Cloakroom/ WC - 4 Bedrooms - 2 Bathrooms (1 ensuite) detached annexe - Entrance hall - Open plan kitchen with living - Conservatory/ sunroom - Bedroom - Shower room/ WC outside - Plot approx.
1.55-acre - Remote gated entry - Cobbled & gravel driveway - Parking for 15+ vehicles - Remote entry double garage - 4 Separate walled gardens - Cobbled & stone terraces & pathways - Covered dining terrace - Mature trees and planting - Courtyard kitchen garden with raised beds & greenhouse - Ornamental pond with water feature - Walled and fenced perimeters - Alarm property information Tenure: Freehold with vacant possession Services: Mains water, Septic tank, Electric, Mains gas, Gas central heating (cast iron radiators) underfloor heating in kitchen & living room, Single leaded glazing, Integral speaker system, Ultrafast broadband (estimated), Alarm.
Council Banding: G Local Authority Lancashire County Council, County Hall, Fishergate, Preston, Lancashire, PR1 8XJ. Tel EPC: E Flood Risks: None
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
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FAQ
About The Old Rib Farm, 55, Halfpenny Lane, Preston
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