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See how verdicts work5-bedroom semi-detached house · PR2 1EP
For saleReduced £20k (−8.3%) on 17 SepListed 706 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Fantastic investment opportunity of two properties or superb five bedroom family home.
Situated within this sought after location of Old Ashton offering excellent access to local amenities, schools and transport links. No chain delay and viewing highly recommended.
The accommodation briefly comprises; Property One - Vestibule, hallway, lounge, dining kitchen, to the first floor, three good sized bedrooms and bathroom.
Property Two - Lounge/diner, modern fitted kitchen, utility room, to the first floor, two bedrooms and bathroom. Double glazing, gas central heating system, double garage and gardens.
Council Tax Band for 118 is B and 118a is A. 118 Waterloo Road Vestibule UPVC door to the front and meter cupboard. Hallway Radiator, storage cupboard and staircase leads to the first floor landing.
Lounge (4.89m x 4.47m) Double glazed bay window to the front, wood mantle, radiator.
Dining Kitchen (4.51m x 4.1m) Double glazed window and uPVC door to the side, range of wall and base units with complementary work surfaces and breakfast bar, electric cooker point, extractor, stainless steel sink and drainer, part tiled walls and radiator.
Landing Staircase leads from the hallway to the first floor landing and loft access. Bedroom One (4.25m x 3.91m) Double glazed window to the front and radiator.
Bedroom Two (4.11m x 2.69m) Double glazed window to the side and radiator. Bedroom Three (3.28m x 2.08m) Double glazed window to the front, radiator and boiler.
Bathroom (4.09m x 1.71m) Double glazed window to the side, bath with shower over, wash basin, low flush wc, part tiled walls, radiator and airing cupboard.
118A Waterloo Road Lounge / Diner (6.09m x 3.63m) Two double glazed windows to the rear, radiator and storage cupboard.
Kitchen (3.39m x 2.21m) Double glazed window to the rear, range of wall and base units with complementary work surfaces, stainless steel sink and drainer, electric cooker point, extractror, space for washer, part tiled walls and uPVC door to the side.
Utility Room (2.71m x 1.71m) Double glazed window and uPVC door to the rear, boiler, radiator, laminate flooring.
Landing Staircase leads from the ground floor to the first floor landing, radiator, storage cupboard and loft access.
Bedroom One (3.6m x 3.56m) Double glazed window to the front, radiator and cast iron fireplace. Bedroom Two (3.4m x 2.24m) Double glazed window to the front and radiator.
Bathroom (2.47m x 1.45m) Modern three piece suite comprising; bath, wash basin, low flush wc, part tiled walls, radiator and double glazed window to the rear.
Cellar Wood panelled door providing access. Double Garage (6.09m x 5.62m) With up and over door to the front and split with an office area.
Driveway & Garden Gated entrance to the driveway providing off street parking leading onto the garage. Lawned garden to the front with shrub borders and wall enclosed courtyard to the rear.
Council Tax Band & Tenure We have been advised by the seller that the Council Tax Band is 118 is Band B & and 118A is Band A and the Tenure is Freehold.
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
FAQ
About 118, Waterloo Road, Preston
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