We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · PR2 2YZ
Sold STCListed 228 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The sense of space in this apartment is exceptional—far more generous than anticipated—and the presentation throughout is immaculate.
Situated on the second floor of Victoria Mansions, the property benefits from lift access from the ground floor and enjoys its own private entrance along a quiet, secluded corridor.
From the living room, floor to ceiling windows frame sweeping views across the water at Preston Docklands, making this an outstanding choice for a first time homeowner or anyone seeking to downsize with minimal maintenance.
Alongside ample visitor parking, the apartment includes its own concealed, covered parking space with secure entry and internal lift access directly from the parking area.
Inside, over 1,000 sq ft of beautifully arranged accommodation begins with a spacious, welcoming hallway.
Double doors open into the main living areas, while the two bedrooms are thoughtfully positioned to offer privacy—each enjoying views across the docks.
The home is a testament to the current owners, who have styled every inch in elegant neutral tones with high quality flooring and carpets.
The principal bedroom comfortably accommodates a super king bed and features a cleverly partitioned dressing area with generous wardrobe space and access to the en suite.
Basket weave flooring adds a refined touch, while the en suite itself is fully tiled in soft neutrals and fitted with a three piece suite including a double shower, WC, and vanity unit sink.
Bedroom two is currently arranged as an additional living space, complete with a partitioned dressing area—ideal as a third reception room or a versatile guest bedroom.
The main bathroom is beautifully appointed, featuring a striking tiled feature wall around the bath, a recessed shelf for toiletries, and a rainfall shower above.
A floating sink and additional WC enhance the sense of space, complemented by a built in storage cupboard.
The L shaped hallway leads to the living areas, where double doors create a graceful transition.
The layout feels open plan yet can be subtly divided thanks to sliding Crittall style doors, allowing the space to shift effortlessly between airy openness and cosy intimacy.
Floor to ceiling bay windows flood the room with natural light and offer captivating sunset views.
A bespoke media wall with integrated storage and an electric log effect fire forms an attractive focal point.
The kitchen and dining area extend an impressive 6 metres, offering remarkable space for an apartment. A breakfast bar with seating subtly defines the two zones.
Elegant walnut wall units pair beautifully with sage green base cabinets, providing excellent storage.
High quality AEG appliances include a full height fridge and freezer, microwave oven, steamer oven, and induction hob. The washing machine is neatly housed in a utility cupboard off the hallway.
Green brick style splashback tiles and pendant lighting over the breakfast bar add a chic finishing touch.
Service charges are approximately £160 per month, and all communal gardens and shared areas are maintained to an excellent standard.
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 Navigation Way, Preston, PR2 2
Explore nearby