2-bedroom bungalow · PR3 1JB
For saleListed 164 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This detached true bungalow, situated on a generous corner plot in the highly desirable Garstang area of Lancashire, offers a compelling opportunity for prospective buyers.
The property features two well-proportioned ground floor bedrooms, complemented by a large converted attic room, providing flexible living arrangements or additional space for various uses.
One of the standout features of this bungalow is its substantial outdoor space.
The property boasts an extremely large garden to the front, offering considerable potential for landscaping and outdoor enjoyment.
Furthermore, a huge driveway provides ample off-road parking, a significant advantage in any location.
Crucially, planning permission has already been granted for an extension to be added, allowing for immediate development and enhancement of the living space.
This, combined with the property's current condition, makes it an ideal canvas for someone looking to add their own cosmetic stamp and personalise their new home to their exact specifications.
The potential for customisation and value addition is immense, making this a truly exciting prospect for those seeking a project or a home they can truly make their own.
Located in Garstang, residents benefit from access to local amenities, schools, and transport links, all within a charming market town setting.
The area is renowned for its community feel and picturesque surroundings, offering a desirable lifestyle.
This property is more than just a home; it is an investment in a lifestyle and an opportunity to create a bespoke living environment.
The combination of a sought-after location, a detached true bungalow structure, and the granted planning permission for an extension, positions this property as a rare find.
Viewing is highly suggested to fully appreciate the extensive potential and scope this property offers.
Early viewing is recommended to avoid disappointment and to truly grasp the possibilities that await.
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 Lancaster Road, Preston
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