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See how verdicts work3-bedroom terraced house · PR1 8ET
For saleListed 26 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on Riverside, Preston, this attractive three-bedroom bay-fronted property offers spacious and versatile accommodation, complemented by a number of lovely character features including high ceilings, large windows and pleasant views over the River Ribble to the front aspect.
The property does require some updating throughout, providing an excellent opportunity for a purchaser to modernise and personalise the accommodation to create their ideal dream home.
Ideally suited to growing families or buy to let investors, the property offers generous living accommodation together with a well-connected location, providing convenient access to local amenities, transport links and Preston city centre.
Upon entrance, you are welcomed into a useful vestibule which leads through into the hallway, providing access to the two reception rooms and kitchen.
The property benefits from two separate reception rooms, offering excellent versatility for family living and entertaining.
The ground floor lounge is particularly appealing, featuring a bay-fronted aspect with large windows allowing plenty of natural light into the room, while the property's high ceilings further enhance the sense of space throughout.
The second reception room provides additional flexibility and could be utilised as a dining room, family room or home office depending on individual requirements.
The kitchen provides a practical and functional space, while the property also benefits from a useful lean-to outbuilding, offering additional storage and practical space.
The front aspect enjoys pleasant views towards the River Ribble, adding an attractive outlook to the property and further enhancing its appeal.
To the first floor, the property continues with three well-proportioned bedrooms, including a spacious master bedroom which benefits from its own bay-fronted aspect and large windows, creating a bright and welcoming room.
The remaining bedrooms provide versatile accommodation suitable for family members, guests or those requiring additional space for working from home.
A four-piece family bathroom completes the main first-floor accommodation, while the property further benefits from a separate WC, providing added convenience for residents.
Externally, the property benefits from a rear yard.
This property offers a combination of generous accommodation and appealing period-style features, whilst presenting an exciting opportunity for the next owner to undertake some updating and transform the property into their perfect dream home.
Viewings are highly recommended to fully appreciate the space, character, views and potential this property has to offer. Ref: SS1664
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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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 10, Riverside, Preston
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