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See how verdicts work3-bedroom bungalow · PR2 5RJ
For saleListed 81 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market with no onward chain, this three-bedroom semi-detached dormer bungalow occupies a generous plot in the highly sought-after village of Grimsargh, offering an exciting opportunity for buyers looking to create their ideal home.
Situated on the ever-popular Ribblesdale Drive, the property enjoys a fantastic location close to local amenities, well-regarded schools, transport links and the city of Preston.
Although the property would benefit from some modernisation, it has been well cared for over the years and offers spacious, versatile accommodation with plenty of scope to update and extend (subject to any necessary consents).
The accommodation briefly comprises an entrance hall, a good-sized living room, and a kitchen with a separate dining room overlooking the rear garden.
Also on the ground floor is a generous double bedroom and a shower room, making the property suitable for those seeking ground floor living.
To the first floor are two further bedrooms, a second shower room and useful eaves storage.
Externally, the property boasts a lovely, well-established rear garden offering a private space to relax and enjoy the outdoors.
To the front, there is a driveway providing off-road parking, together with a detached single garage.
Offering huge potential in one of Grimsargh's most desirable locations, this is a fantastic opportunity to create a wonderful family home or forever home. Early viewing is highly recommended.
Disclaimer Disclaimer: All information such as plans, dimensions, and details about the property's condition or suitability is provided in good faith and believed to be accurate, but should not be relied upon without independent verification.
Buyers or tenants must carry out their own checks. Appliances and systems (e.g. Electrics, plumbing, heating) haven’t been tested.
It’s strongly advised to get professional inspections before making any commitments. No employee or agent of Holdens Estate Agents is authorised to make promises or guarantees about the property.
These details are for general guidance only and do not form part of any contract.
If the property is leasehold, buyers should carefully review the lease terms, including length, rent, deposit, and any specific conditions.
All discussions with Holdens Estate Agents are subject to contract.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 7 Ribblesdale Drive, Preston
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