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See how verdicts work2-bedroom flat · PR1 9YG
For saleListed 152 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Positioned in a quiet and highly sought-after cul-de-sac in the heart of Penwortham, this spacious two-bedroom ground floor apartment is offered with no chain delay.
Boasting accessible single-level living, this property is an ideal match for first-time buyers, downsizers, or those seeking a buy-to-let investment in a prime Penwortham location.
Upon entering through the welcoming entrance hallway, you are led into the heart of the home: A bright and expansive open-plan lounge, dining, and kitchen area.
This versatile space is perfect for modern living, offering ample room for a full dining set and comfortable seating, while the neatly integrated kitchen provides plenty of counter space and storage for the home cook.
The apartment boasts two good-sized bedrooms, both offering comfortable proportions.
Serving the bedrooms is a larger-than-average, four-piece family bathroom suite, featuring a panelled bath, low-level WC, pedestal wash hand basin, and a separate walk-in shower cubicle.
Mayfield Close enjoys a fantastic position in Penwortham.
Residents will benefit from being just moments away from vibrant local high street amenities, independent shops, cafes, and restaurants, alongside superb transport links directly into Preston city centre.
Early viewing is highly recommended to appreciate the space and location on offer. Hallway Wood panelled door, electric radiator, laminate flooring and storage cupboard housing the boiler.
Lounge/Dining Kitchen (5.56m x 4.54m) Two double glazed windows to the front and side, range of wall and base units with complementary work surfaces, stainless steel sink and drainer, electric hob and oven with extractor, space for washer, part tiled walls, laminate flooring and two electric radiators.
Bedroom One (3.64m x 3.07m) Double glazed window to the rear, fitted wardrobes and electric radiator. Bedroom Two (3.67m x 2.57m) Double glazed window to the rear and electric radiator.
Bathroom (3.52m x 1.83m) Modern four piece bathroom comprising; shower cubicle, bath, wash basin, low flush wc, part tiled walls, electric radiator and double glazed window to the side.
Council Tax Band & Tenure We have been advised by the seller that the Council Tax Band is Band B and the Tenure is Leasehold with details to be confirmed.
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
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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.
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FAQ
About Ground Floor Flat, 17, Mayfield Close, Preston
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