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 work4-bedroom house · PR1 3LT
Listing removedReduced £25k (−7.7%) on 30 JunListed 480 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Immaculate refurbished four bedroom Grade II listed townhouse spanning over four floors, this stunning period property effortlessly blends original character with contemporary finishes, creating a stylish and versatile home.
Situated within the heart of Preston city centre offering excellent access to Winckley Square, Avenham Park, city centre amenities, train station and transport links.
The flexible four floor layout briefly comprises of; hallway, lounge, designer breakfast kitchen and living/dining area, utility room and wc, four double bedrooms and modern three piece family bathroom, sun-filled south facing landscaped rear garden ideal for socialising and permit parking.
This is a rare opportunity to acquire a turnkey family home in a sought after central location with viewing highly recommended.
Hallway Wood panelled door to the front, radiator, Parke flooring, original coving and staircases leads to the first floor and the basement level.
Lounge (4.5m x 3.93m) Double glazed window to the front, wood mantle, cast iron fireplace with living flame gas fire, radiator and original coving.
Breakfast Kitchen (4.99m x 3.26m) Range of wall and base units with Quartz worksurfaces and large island breakfast bar, inset stainless steel sink, induction hob and oven with extractor, integrated microwave and dishwasher, wood mantle with cast iron fireplace.
Living / Dining Room (4.8m x 2.19m) Wood panelled door and double glazed window leading onto the south facing rear garden.
Basement Landing Staircase leads from the ground floor hallway to the basement level. Bedroom Four (4.23m x 3.63m) Double glazed window to the front, radiator and storage cupboard housing the meter.
Utility Room & WC (4.57m x 2.78m) Range of base units with complementary work surfaces, stainless steel sink and drainer, space for washer and dryer, low flush wc and radiator.
First Floor Landing Staircase leads from the ground floor hallway to the first floor landing. Bedroom One (5.12m x 4.49m) Two single glazed windows to the front, radiator and wood mantle.
Bedroom Two (3.58m x 3.32m) Single glazed window to the rear, radiator and wood mantle.
Bathroom (5.8m x 1.58m) Modern three piece bathroom comprising; wash basin and vanity unit, low flush wc, bath with shower over, part tiled walls, wood flooring and double glazed window to the side.
Second Floor Landing Staircase leads from the first floor landing to the second floor. Bedroom Three (6.04m x 5.01m) A large bedroom with double glazed Velux window to the rear.
Rear Garden & Parking A beautiful landscaped wall enclosed south facing garden with a composite decked patio, artificial lawn, shrub borders and raised paved patio with pond and gated access to the rear.
Permit parking available.
Council Tax Band & Tenure We have been advised by the seller that the Council Tax Band is Band D and the Tenure is Leasehold with a long lease of 999 years with a charge of a peppercorn.
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 11, Cross Street, Lancashire
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