4-bedroom terraced house · LA1 5EA
Sold STCReduced £35k (−20.6%) on 4 SepListed 250 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Priced at fair market value and ripe for renovation - A Rare Opportunity in the Heart of Fairfield – Chain Free Victorian Home with Huge Potential Situated in the highly sought-after area of Fairfield, just a short stroll from the picturesque Fairfield Millennium Green and community orchard, this substantial three-storey Victorian property offers an exciting opportunity.
Brimming with potential and offering generous proportions throughout, the home presents a blank canvas – ideal for buyers looking to renovate, modernise, or reimagine a characterful period property into something truly special.
From the moment you approach, the home’s attractive exterior and classic Victorian charm make a strong first impression.
Step inside to find enviably high ceilings, large room sizes, and a layout that lends itself beautifully to both family living and creative redevelopment.
The accommodation comprises: • Ground Floor: Welcoming entrance hallway, two well-proportioned reception rooms, and a kitchen to the rear.
• First Floor: Two bedrooms, including a generously sized master bedroom at the front, and a family bathroom.
• Second Floor: Two further good-sized bedrooms, offering excellent flexibility for use as additional bedrooms, home offices, or hobby spaces.
Externally, a small rear yard provides low-maintenance outdoor space, with potential for thoughtful landscaping or storage.
Offered chain free, this is a sound investment opportunity in an area where properties of this nature are highly sought after.
Whether you’re a homeowner eager to create your forever home, a developer looking for your next project, or an investor with a keen eye for long-term value, this Fairfield gem deserves your attention.
Viewing is highly recommended to fully appreciate the scale, potential, and superb location of this unique home.
Note - This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken.
Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
• For Sale by Modern Auction – T & c’s apply • Subject to undisclosed Reserve Price • Buyers fees apply • View, Bid & Buy • Online Bidding Available • Priced to Sell • Fixed Timescales for Exchange and Completion • Buy with Finance • bid on me
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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
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 advisors 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
FAQ
About 20, Redvers Street, Lancashire
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