2-bedroom flat · PR3 5BP
For saleListed 40 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
If you’re looking for your first home and wondering just how far a budget of £150,000 can take you, this spacious two-bedroom apartment at The Sidings could be well worth a closer look.
Offering approximately 732 sq ft of well-balanced accommodation, two good-sized bedrooms and the unusual bonus of two allocated parking spaces, this is a home that delivers an impressive amount of space and practicality for the price.
Inside, the apartment offers a bright, contemporary layout designed for comfortable everyday living.
The open-plan living and dining area provides plenty of room to relax, entertain or work from home, while the kitchen offers good storage and preparation space without compromising the sociable feel of the main living area.
Both bedrooms are well proportioned, giving the property considerably more flexibility than a typical first-time purchase.
The second bedroom could work equally well as a permanent bedroom, guest room or dedicated home office - particularly useful for anyone working remotely or looking for a home with space to grow into.
The bathroom is presented in a clean, neutral style, while the apartment as a whole provides an excellent blank canvas for a new owner to make their own. And then there’s the parking.
Not one, but two allocated parking spaces come with the apartment, a genuinely useful feature for a couple with two cars, anyone regularly working from home with a partner, or simply buyers who would like the convenience of having a second space for visitors.
Set within The Sidings, the property enjoys a convenient residential position with access to local amenities, transport connections and everyday essentials.
For first-time buyers in particular, this is an opportunity to move beyond renting and secure a spacious two-bedroom home of your own without the price tag often associated with taking that next step.
The property may also be available to purchase through the Homes England Shared Ownership scheme, subject to eligibility and affordability criteria.
Please contact us for further details about the Shared Ownership option and how it works
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 advisors 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
FAQ
About 36, The Sidings, Preston
Explore nearby