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 house · PR5 4EB
Sold STCListed 100 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Stunning Two-Bedroom End-Terrace Home in the Sought-After location of Higher Walton.
Dating back to 1869, this beautifully presented, two-bedroom traditional end terrace property is full of character and is situated in the highly desirable village of Higher Walton.
The home combines period charm with modern living and offers generous indoor and outdoor space. Upon entering, you are welcomed by an entrance hall with a convenient cloakroom/WC.
The attractive lounge features a charming open fireplace and a double-glazed bay window, creating a warm and inviting living space.
To the rear, the dining room benefits from double patio doors opening onto the garden, providing an excellent space for entertaining and family dining.
The galley-style kitchen is well-equipped with integrated Neff appliances and includes a useful seating area, making it both practical and sociable.
To the first floor are two generously sized bedrooms and a beautifully appointed four-piece family bathroom, complete with a freestanding bath and separate shower cubicle.
Originally a three-bedroom property, the current owners have thoughtfully reconfigured the layout to create two larger bedrooms and a dedicated office area.
The spacious loft offers further potential for conversion, subject to the necessary planning permissions and building regulations. Externally, the property continues to impress.
To the front is an attractive decked garden with mature planting and shrubs.
The rear garden enjoys a sunny aspect and has been designed for low maintenance, featuring an artificial lawn, established plants and shrubs, an outdoor kitchen, and a seating area ideal for relaxing or entertaining.
There is also the added benefit of off-road parking for one vehicle to the rear of the property.
The property is understood to be Freehold, although the land is subject to a historic annual rent charge of £10.62 (£10,12 shillings and 4 pence).
Early viewing is highly recommended to fully appreciate the character, space, and excellent location this wonderful home has to offer. Entrance Porch Door to front.
Hallway Stairs leading to first floor accommodation. Cloak/WC Two piece suite comprising WC and wash hand basin, under stairs storage.
Lounge (4.2m x 3.35m) Double glazed bay window to the front, two radiators, open fireplace. Dining Room (4.34m x 4.11m) Double glazed doors leading out onto the garden, solid wooden flooring.
Kitchen (5.4m x 2.2m) Galley style kitchen with dining area, double glazed window to the side, fitted wall and base units with integrated Neff induction hob and oven with extractor over, integral appliances - dishwasher, fridge freezer and storage cupboard.
Landing Loft access which is partially boarded for storage, radiator. Study (2.34m x 2.26m) Was the third bedroom but now being utilised as an office area.
Bedroom One (5.13m x 4.24m) Double glazed window to the front, radiator, feature open fireplace. Bedroom Two (4.34m x 3.3m) Double glazed window to the rear, radiator, feature open fireplace.
Bathroom (4m x 2.2m) Double glazed frosted windows to the side and rear, radiator, four piece suite comprising WC, wash hand basin, free-standing bath and shower cubicle.
External To the rear of the property has a sunny garden area with mature plants and shrubs, easy maintenance astroturf lawn, outdoor kitchen with paved patio area and parking is available for one car.
Additional Information We have been advised that the property is Freehold although the land is subject to a yearly rentcharge of ten pounds, twelve shillings and fourpence.
(£10.62p per year) Council Tax Band C. There is plenty of space in the loft and this could be converted subject to planning permission and building regulations.
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.
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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.
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FAQ
About 21, Hoghton Lane, Preston
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