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 · PR1 9TG
Listing removedReduced £2.5k (−2.8%) on 21 JunListed 209 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious and modern first floor apartment on the very popular Penwortham Hall Gardens over 55's development. Available on a 70% shared ownership basis.
This lovely home has its own entrance at ground floor level with a spacious master bedroom and a further second bedroom, good size lounge/dining room, modern kitchen with quality integrated appliances, and a contemporary three piece shower suite.
There is uPVC double glazing and gas central heating. The outlook is great overlooking the well maintained communal gardens and scattered seating areas as well as dedicated outdoor laundry compound.
There are also parking bays available. Being set in a very tranquil environment and yet within easy access to the local amenities, doctors and pharmacy as well as a handy bus route.
Viewing is essential and No Chain Delay. Entrance Ground floor level access with stairs to first floor. First Floor Landing With two large storage cupboards, ceiling lights and doors off.
Lounge (13' 2'' x 13' 9'' (4.01m x 4.18m)) A lovely bright and spacious lounge room with uPVC double glazed window to the rear, radiator, ceiling light.
Kitchen (8' 8'' x 7' 9'' (2.63m x 2.37m)) A modern kitchen with a range of well designed wall, drawer and base units with contrasting working surfaces, stainless steel sink unit and drainer, plumbed for washer, Neff induction hob with extractor above, Neff double electric oven, space for fridge freezer and uPVC double glazed window.
Bedroom One (14' 10'' x 10' 5'' (4.52m x 3.18m)) A spacious double bedroom with a uPVC double glazed window to the front, radiator and ceiling light.
Bedroom Two (10' 5'' x 8' 1'' (3.18m x 2.47m)) With a uPVC double glazed window, radiator and ceiling light.
Shower Room With a contemporary three piece suite comprising, quadrant glazed shower compartment with electric shower, wash hand basin and low suite WC, extrator fan, heated towel rail Outside There are beautiful landscaped communal gardens, scattered seating areas, car parking bay and an outdoor laundry compound area.
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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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 17, Penwortham Hall Gardens, Preston
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