3-bedroom terraced house · PR2 6PU
Sold STCListed 241 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This spacious three-bedroom freehold home is located in the popular residential area of Ribbleton, Preston, offering an excellent opportunity for first-time buyers, families, and investors alike.
The property features two generous double bedrooms and a well-proportioned single bedroom, providing flexible accommodation for growing families or those needing home office space.
To the ground floor, there is a bright and welcoming living room, along with a second reception room ideal for dining, entertaining, or creating an additional family space.
The fitted kitchen offers practical storage and worktop space to support modern day living.
Upstairs, the family bathroom serves all bedrooms, completing a well-balanced internal layout of approximately 850 sq ft.
Externally, the property benefits from a private rear garden — perfect for children, summer gatherings, or future landscaping potential — along with convenient on-street parking.
Positioned close to local schools, amenities, and transport links into Preston city centre, this home combines comfort with convenience.
The freehold tenure provides long-term security and added buyer confidence.
For investors, the property presents strong rental potential in a consistently popular residential area, with demand for three-bedroom homes remaining steady.
For owner-occupiers, this is a fantastic opportunity to secure a spacious home with scope to personalise and add value over time.
Properties of this size and tenure in this location are attracting strong interest. Early viewing is highly recommended to avoid disappointment.
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.
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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 alder road, preston, PR2
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