3-bedroom house · PR2 1AX
For saleListed 209 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Recently modernised terraced property split into two flats, ready to move into an ideal opportunity for an investor.
Ground Floor Flat - Communal vestibule and hallway, lounge, inner hallway, stylish three piece shower room, bedroom, lovely fitted kitchen and stairs leading to a useful cellar area.
First Floor Flat - Ground floor communal vestibule and hallway with doorway to a private entrance inner hallway with stairs leading to a good sized landing area.
There is a lovely fitted kitchen, two bedrooms, good sized lounge and a stylish three piece shower room with complimentary tiling to floor and walls. To the rear, there is an enclosed yard and store.
Well presented, ready to walk into and highly recommended. This is a great opportunity for an investor to own two ready to move into apartments.
Council Tax Information: Band A Agent Note In order to purchase a property in the UK, all estate agents are legally required to conduct identity checks on everyone involved in the transaction, in line with anti-money laundering regulations.
Farrell Heyworth outsource this process to a trusted third party, and a non-refundable charge will apply. Please contact your local branch for further details.
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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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 Watery Lane, Ashton On Ribble, Preston
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