1-bedroom flat · PR2 8GL
Listing removedListed 113 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold This beautifully refurbished studio apartment offers a perfect blend of modern living and convenience, situated in the highly desirable area of Fulwood.
The property features a bright and spacious bedroom and living area, thoughtfully designed to maximise comfort and functionality.
The newly installed, fully fitted kitchen is equipped with contemporary units and integrated appliances, complemented by a stylish breakfast bar that provides an ideal spot for dining or entertaining.
The bathroom has been newly fitted with high-quality fixtures and finishes, creating a sleek and inviting space.
Additional storage can be found in the hallway, ensuring that the apartment remains clutter-free and practical.
Located close to a range of local shops, Royal Preston Hospital, public transport links, and essential amenities, this property also offers easy access to the M6 and M55 motorways, making it highly convenient for commuters and those seeking access to the wider transport network.
Off-road parking is available for residents, adding further appeal to this attractive home.
This studio apartment presents an excellent investment opportunity, with the potential for a high rental yield due to its sought-after location and modern finish.
The outside space surrounding the apartment is well maintained and designed for ease of living.
Residents benefit from off-road parking, providing secure and convenient access to the property at all times.
The grounds offer a pleasant outlook and create a welcoming first impression for visitors and residents alike.
The location within Fulwood ensures that green spaces, parks, and recreational facilities are only a short distance away, perfect for those who enjoy outdoor activities or leisurely walks.
The combination of practical outdoor features and attractive surroundings makes this property a standout choice for investors.
Early viewing is highly recommended to fully appreciate the quality and convenience this studio apartment has to offer. EPC Rating: D
Value & comps
No previous sales on record.
Returns
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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 58 The Paddock, Preston
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