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See how verdicts work3-bedroom bungalow · PR4 5WD
For saleReduced £20k (−6.5%) on 1 OctListed 86 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ben Rose Estate Agents are pleased to present to market this spacious three-bedroom true bungalow, presenting an excellent opportunity for those looking to take on a rewarding project.
Having already undergone partial renovation, with many of the major works already completed, this home offers buyers the chance to add the finishing touches and create a fantastic long-term residence tailored to their own tastes.
Occupying a generous plot in the sought-after village of Longton, the property enjoys a peaceful position with picturesque woodland directly to the rear, providing a wonderful sense of privacy and a pleasant outlook.
Longton itself offers a fantastic range of everyday amenities including supermarkets, independent shops, cafés, pubs and highly regarded schools, whilst nearby Penwortham and Preston provide an even wider selection of retail, leisure and dining facilities.
Excellent transport links are close by, with easy access to the M6, M55 and M65 motorway networks, regular bus services through the village and Preston Railway Station offering direct rail links to Manchester, Liverpool, Birmingham and London, making this an ideal location for commuters whilst still enjoying a village lifestyle.
Stepping through the main entrance, you are welcomed into a central hallway that guides you through the home.
Positioned towards the front are two well-proportioned double bedrooms, with the second benefitting from fitted wardrobes providing excellent storage.
Continuing along the hallway, you'll find the modern three-piece family bathroom, complete with an over-the-bath shower.
Bedroom three sits further along the hall and offers excellent flexibility, making it equally suitable as a guest bedroom, nursery or home office.
At the rear of the property, the home opens into an impressive open plan lounge, dining and kitchen space, creating the true heart of the home.
Large windows and French doors frame attractive views across the woodland beyond, allowing plenty of natural light to flood the room.
The lounge is centred around a multi-fuel burner with the added benefit of a back boiler, capable of independently heating both the property's water and central heating.
The newly installed kitchen is fitted with a contemporary range of units and integrated appliances including an oven, microwave, fridge/freezer, dishwasher and induction hob, whilst still allowing ample space for a family dining table, making it ideal for both everyday living and entertaining.
As a true bungalow, all accommodation is conveniently arranged across a single floor, making the property suitable for a wide range of buyers.
With the principal renovation works already undertaken, the home provides a superb blank canvas for purchasers looking to complete the remaining improvements and create a stylish, bespoke home in an increasingly desirable village location.
Externally, the property continues to impress with exceptional off-road parking.
A generous driveway to the front and side comfortably accommodates up to six vehicles, with a second driveway providing additional parking if required.
There is also a single integrated garage offering further parking or useful storage space.
To the rear, the secluded garden enjoys a peaceful setting backing directly onto mature woodland, creating a private and tranquil outdoor space.
The garden features a lawn alongside a seating area, providing the perfect place to relax and enjoy the natural surroundings.
Combining spacious accommodation, extensive parking, a desirable location and outstanding potential, this is a fantastic opportunity for anyone seeking a project with the foundations already in place to create a truly wonderful home.
Value & comps
No previous sales on record.
Returns
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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 78, Franklands, Preston
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