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See how verdicts work1-bedroom flat · PR1 8HU
No longer listedListed 41 daysAuction 7 Oct · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price = £60,000-£80,000 **For Sale By Public Auction 7th October 2026 09:30 am.
To inspect the legal documents for this property go to our website to download the legal pack** A Lower Ground Floor One Bedroom Flat Subject to a Periodic Tenancy Producing £7,200 Per Annum Tenure Leasehold.
The property is held on a 250 year lease from 1st January 2017 (thus approximately 240 years unexpired ). Location The property is situated on a residential road close to local shops and amenities.
The open spaces of Miller Park are within easy reach. Transport links are provided by Preston rail station.
Description The property comprises a lower ground floor one bedroom flat situated within a Grade II Listed building arranged over lower ground, ground and two upper floors.
Accommodation Lower Ground Floor Reception Room Kitchen Bedroom Bathroom Exterior The property benefits from allocated parking and a private terrace.
Tenancy The property is subject to a Periodic Tenancy at a rent of £600 per calendar month. Note The property has not been inspected by Auction House London.
All information has been supplied by the vendor. EPC Rating C Addendum Please note that this property is subject to a Buyers Premium of £1,500 inc VAT.
This is in addition to the buyer's admin fee of £1,800 inc VAT charged by the auctioneers. Both fees are payable to the auctioneers.
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
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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
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FAQ
About 42, West Cliff, Preston
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