3-bedroom bungalow · PR2 9QJ
For saleReduced £40k (−12.7%) on 17 JulListed 125 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare opportunity in the heart of Fulwood, this attractive semi-detached bungalow occupies a generous corner plot on Harrison Road and offers exceptional potential, further enhanced by approved planning permission for the construction of an additional two-bedroom bungalow within the grounds.
The existing property is well-positioned on the plot and provides comfortable, well-proportioned accommodation throughout, with scope for modernisation to suit individual tastes.
Internally, the bungalow comprises a welcoming entrance hallway, a bright and spacious lounge filled with natural light, a fitted kitchen, two well-sized bedrooms, and a family bathroom.
Externally, the property truly comes into its own.
The sizeable corner plot offers gardens to the front, side, and rear, creating a sense of space and privacy that is rarely available in such a sought-after residential location.
The plot layout also allows for practical and convenient access for the proposed new dwelling, making the approved development both appealing and achievable.
The inclusion of planning permission represents a significant advantage, opening the door to a variety of possibilities-whether for developers seeking a ready-made project, investors looking to maximise returns, or families interested in creating a bespoke multi-generational living arrangement.
Situated in the highly desirable area of Fulwood, the property is ideally located close to a range of local amenities, well-regarded schools, transport links, and green spaces, combining convenience with a peaceful residential setting.
Opportunities of this nature are seldom available, and early inspection is strongly recommended to fully appreciate the versatility and long-term potential on offer.
Disclaimer:These particulars, whilst believed to be correct, do not form any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact.
No person in this firm's employment has the authority to make or give any representation or warranty in respect of the property. All measurements quoted are approximate.
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.Anti-Money Laundering (aml) and Identity Verification Checks In accordance with our regulatory obligations, all applicants will be required to complete Anti-Money Laundering (aml) and Identity Verification checks.
A non-refundable fee of £54.00 per applicant will be payable to cover the cost of these checks. We use Vorensys to carry out these verification processes.
Applicants will be contacted directly by Vorensys to provide the necessary information and documentation.
Once the checks have been successfully completed and approved, we will be notified and will proceed with the application accordingly.
Please note that the aml and Identity Verification fee is non-refundable, regardless of the outcome of the application or verification process.
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 32, Harrison Road, Preston
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