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 terraced house · PR5 5HA
For saleListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Viewing is essential to fully appreciate the generous proportions of this garden-fronted mid-terrace home.
The accommodation briefly comprises, entrance hall, two spacious reception rooms, and a fitted kitchen.
To the first floor are three well-proportioned bedrooms with an en-suite to the master and a family bathroom.
Externally, the property benefits from a private enclosed rear yard with gated access, providing convenient access.
"Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead" Entrance Hall Double glazed door to the front, door to the entrance hall with stairs to the first floor and radiator.
Lounge (4.67m x 3.8m) Double glazed window to the front, gas coal effect fire set in surround, radiator.
Dining Room (4.2m x 4.1m) Double glazed door to the rear, double glazed window, understairs storage, gas coal effect fire, radiator.
Kitchen (3.4m x 2.57m) Double glazed window to the side, fitted wall and base units with complimentary work surfaces, space for washing machine and dryer, integrated hob and oven.
Landing Split level landing with loft access. Master Bedroom (4.1m x 3.5m) Double glazed window to the rear, radiator, door to en-suite.
En-Suite Double glazed frosted window to the side, three piece comprising WC, wash hand basin, shower cubicle. Bedroom Two (3.8m x 2.92m) Double glazed window to the front, radiator.
Bedroom Three (2.97m x 2.13m) Double glazed window to the front.
Bathroom Double glazed frosted window to the rear, three piece suite comprising WC, wash hand basin, bath with shower over, heated towel rail. External Garden fronted with yard to rear.
Additional Information We have been advised that the property is a Long term Leasehold with a rent charge noted.
Term : 999 years (less 10 days) from 31 August 1907 Rent : £23.13s.0d (£23.65) per year. Council Tax Band A
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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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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About Watkin Lane, Preston
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