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 work2-bedroom flat · PR1 0UR
Listing removedReduced £5k (−3.1%) on 8 JulListed 230 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
There is going to be so much interest in this incredibly spacious ground floor apartment in the heart of Penwortham.
It is one of the largest apartments we have ever brought to the market for sale and is perfect for someone downsizing from a large house and wanting a forever home that offers easy living or for a first time buyer eager to get on the property ladder in Penwortham.
Located in the heart of Penwortham within walking distance of all the shops, cafes and restaurants on Liverpool Road and opposite the beautiful Hurst Grange Park, the location of this apartment could not be better.
As soon as you enter the property, you will be amazed with the amount of space it offers.
It consists of an entrance hallway, a lounge / dining area, a kitchen, two double bedrooms, an en-suite and a bathroom.
The layout of the apartment has been designed extremely well and it flows perfectly with all of the rooms leading off the generous size hallway.
The lounge / dining area is an incredible size and is so light with three double glazed windows letting in an abundance of natural light.
The amount of space on offer in this room, provides plenty of flexibility with which area to use as a lounge and which area to use as a dining area.
The kitchen is a very good size with wall and base units and two double glazed windows making it feel light and spacious.
The apartment has two generous size double bedrooms with the main bedroom having the added benefit of an en-suite with a shower.
The main bathroom is spacious and has a bath giving you the very nice choice of having a bath or a shower at home depending on how you feel.
The apartment is located in a large character house that has been very well converted into apartments and it sits on a very generous size plot.
At the rear of the property there is a great size communal lawned garden providing outdoor space to enjoy and get to know the neighbours and at the front there is a car park providing ample parking space for both residents and visitors.
Being located on Cop Lane in the heart of Penwortham means that there are brilliant transport links including bus routes, shops and amenities on the doorstep.
Liverpool Road is within walking distance where all the superb cafes, restaurants and bars that Penwortham has are located.
Also on the doorstep there is Hurst Grange Park which provides some lovely walks and play areas for children. This is a leasehold property.
Length of lease - 999 years commencing on 14/01/2009 Service charge - tbc EPC rating - tbc Council tax band - B We are expecting a huge amount of interest in this apartment and are expecting it to sell quickly, so call to arrange a viewing as soon as possible to avoid missing out on it.
Please contact Kingswood. Fulwood Office: Watling Street Road, Fulwood, Preston, PR2 8EA Disclaimer: These particulars, whilst believed to be correct, do not form any part of an offer or contract.
Intending purchasers should not rely on them as statements or representation of fact.
No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. All measurements quoted are approximate.
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
Entrance Hallway (6.71m x 4.84m) Entrance door, three ceiling light points and a radiator. Lounge (8.48m x 4.56m) Three ceiling light points, three double glazed windows and two radiators.
Kitchen (4.53m x 2.57m) Ceiling light point, two double glazed windows, wall and base units with contrasting work surfaces, gas hob, extractor, built-in oven, sink and drainer, space for washing machine and space for a fridge / freezer.
Bedroom 1 (4.58m x 2.92m) Ceiling light point, double glazed window, radiator and a door leading to the en-suite.
En-Suite (1.89m x 1.34m) Ceiling light point, walk-in shower, low level WC, hand wash basin and a radiator. Bedroom 2 (3.36m x 3.23m) Ceiling light point, double glazed window and a radiator.
Bathroom (3.38m x 1.70m) Ceiling light point, bath, low level WC, hand wash basin and a radiator.
External At the rear of the property there is a lawned communal garden and at the front there is resident parking.
Disclaimer These particulars, whilst believed to be correct, do not form any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact.
No person in this firm's employment has the authority to make or give any representation or warranty in respect of the property. All measurements quoted are approximate.
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
.png)
FAQ
About Apartment 4, Greyfriars Court, Preston
Explore nearby