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 work3-bedroom house · PR5 6TJ
For saleReduced £5k (−3.7%) on 18 SepListed 92 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious end terrace offering excellent refurbishment potential, generous living areas, character features and a fantastic opportunity for builders, investors or those looking to create a superb family home.
Cash buyers preferred. A fantastic opportunity to acquire a substantial end of terraced property with excellent scope for modernisation and improvement.
Offering spacious rooms, period charm and a layout that lends itself well to refurbishment, this home will appeal to builders, developers and investors looking for their next project in a well-connected Preston location.
The property offers a traditional layout with two sizeable reception rooms, both benefiting from attractive fireplace features and excellent natural light.
The lounge provides a generous living space with a striking fireplace surround, while the dining room offers further versatility and could be transformed to suit a variety of modern living requirements.
The kitchen provides a good starting point with fitted units, integrated double oven and hob and a breakfast bar area, offering potential for redesign and upgrading to create a contemporary open and practical space.
The generous proportions throughout provide flexibility for those looking to improve and add value.
The first floor comprises two large double bedrooms, a further single bedroom, a separate study and a family bathroom.
The existing layout offers plenty of potential for enhancement, with opportunities to modernise the interiors and create a desirable home for future buyers or tenants.
Outside, the property benefits from an enclosed, low-maintenance rear garden with paved sections and decking, offering a blank canvas for landscaping improvements and creating an attractive external space.
The location provides excellent access to Preston's amenities, including shopping facilities, schools, transport connections and local services.
With Preston railway station, major road networks and surrounding Lancashire countryside all within reach, the property is well positioned for commuters, families and investors alike.
Offering generous accommodation, character features and clear potential for improvement, this end terrace presents an exciting opportunity for those seeking a project with the ability to unlock additional value.
Cash buyers are preferred. Our client has informed us that the property's external render has deteriorated, allowing water ingress.
Due to the age of the property, prospective purchasers should expect that remedial works may be required, including the replacement of the damp proof course (if deemed necessary following further investigation), removal and replacement of defective render, and repointing of external brickwork/mortar.
Buyers are advised to rely on their own survey and make all necessary enquiries to satisfy themselves regarding the condition of the property and the extent of any required repairs.
Premium Fast Sale The innovative Premium Fast Sale Plus method from Springbok Properties is a secure and straightforward way to buy property.
It works like a typical sale, with a number of added benefits to the buyer.
Benefits o Carefully implemented security measures o A speedy process o Realistically priced properties o A Buy it Now option (ask for further information on this feature from our advisors) o A significantly reduced chance of fall-throughs o No risk of being "gazumped" o The full focus of our highly motivated team Springbok Properties' Premium Fast Sale Plus puts you in the driving seat thanks to our fast and secure methods.
All properties are competitively priced and carefully managed by motivated sellers for a quick, stress-free transaction. Deposit Sales can be secured with a reservation deposit of £2,500.
This forms part of the final purchase price and is not an extra cost. This deposit ensures that the property is taken off the market as soon as a sale is agreed.
It is then exclusively reserved for you, eliminating gazumping, time wasting and financial loss.
An administration fee of £396 is required in order to draw up an exclusive legally binding contract between the buyer and seller.
This gives the buyer exclusive rights to purchase within a pre-agreed timeframe.
Exclusivity Following the payment of the above amount, Springbok Properties will facilitate a fixed exclusivity period (approximately 12 weeks).
During this time, surveys should be arranged and preparations made for the exchange of contracts. The property will be reserved, so there will be no risk of gazumping.
Process Our Premium Fast Sale Plus follows the below process: Step 1 - Register your interest Step 2 - Prepare your finances for the purchase Step 3 - Arrange a viewing Step 4 - Make an offer Step 5 - Secure your sale using our secure system Step 6 - Exchange and complete Don't miss out on the chance to purchase this property.
Call us today for further information and to arrange a viewing. If you're interested in this property, we urge you to contact us immediately to arrange an early viewing and get the process started.
This will help you to avoid missing out on this opportunity. Springbok Properties' innovative Premium Fast Sale Plus is a secure and straightforward way to buy property.
Please note: To ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes. Please call us now to book an appointment.
We highly recommend early viewing as this property is priced relatively low and is likely to generate quite an interest. Please call us now to book an appointment.
Call Recording Please note to ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes.
Disclaimer Springbok Properties for itself and the Vendors or lessors of properties for whom they act give notice that: The details shown on this website are a general outline for the guidance of intending purchasers, and do not constitute, nor constitute part of, an offer or contract or sales particulars.
All descriptions, dimensions, references to condition and other details are given in good faith and are believed to be correct but any intending purchasers should not rely on them as statements or representations of fact but must satisfy themselves by inspection, searches, survey, enquiries or otherwise as to their correctness.
We have not been able to test any of the building service installations and recommend that prospective purchasers arrange for a qualified person to check them before entering into any commitment.
Further, any reference to, or use of any part of the properties is not a statement that any necessary planning, building regulations or other consent has been obtained.
All photographs shown are indicative and cannot be guaranteed to represent the complete interior scheme or items included in the sale.
No person in our employment has any authority to make or give any representation or warranty whatsoever in relation to this property.
Tenure To be confirmed by the Vendor's Solicitors Note The price given is a marketing price and not an indication of the property's market value.
The vendor like any seller is looking to achieve the maximum price possible.
Hence, by making an enquiry on this property, you recognise and understand that this property is strictly offers in excess of the marketing price provided.
How to View this Property Viewing is strictly by appointment please call us now for bookings.
Aml regulations & proof of funding: Any proposed purchasers will be asked to provide identification and proof of funding before any offer is accepted.
We would appreciate your co-operation with this to ensure there are no delays in agreeing the sale.
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.
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FAQ
About 12, John Street, Preston
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