2-bedroom terraced house · PR2 7EF
For saleListed 238 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
100% Ownership at 80% of market value. TWO and THREE bedroom homes available on the discount to market scheme. Prices start from £180,000 inclusive of 20% discount.
Enquiries For all enquiries, please call our offices, alternatively email via the 'Request Details' link found to the right hand side and below the property pictures.
Why not come down and talk to one of the dedicated site sales team to discuss all options available. Site sales office is open Thursday through to Monday 10:30am to 5pm.
The Development Sharoe Brook View is a small fifty new home cul de sac development set in the rural area of Fulwood.
Sitting within the stunning county of Lancashire, set some 3.0miles from the centre of the historic City of Preston it is surrounded by beautiful natural parks and walking and cycling trails.
All the houses have been carefully designed with modern living yet traditional touch and energy efficiency in mind.
Large family living with bi-fold or French doors are on all the houses leading to the rear garden giving that inside out feeling.
About The Builder Fellows Homes are a long-established family run company that have been building bespoke design houses for over 40 years bringing customers aspirations to life.
Since 2006 they have brought that expertise and know-how to the volume housing market and have now built over 400 new properties. Discount to Market Properties.
Several new build developments in the Preston area include a number of properties that are sold at a discount off the market value. This lets you buy 100% of the property but at a reduced price.
The discount available is 20% of the open market value. Who can buy a discounted property?
The exact criteria to buy a discounted property can differ between schemes but generally includes the following criteria: You are unable to afford a property on the open market, (total household income less than 60k) Must have a local connection to Preston area.
Be able to demonstrate a Housing Need for property type Be a first time buyer or if you are currently a home owner (or named on the mortgage) you can apply but must sell the property (or name removed) before you can complete the purchase of a discounted property.
What is a local connection?
In order to buy a discounted property you must have a local connection to Preston, this can be a person who; Is a resident in the local area; or Is permanently employed in the local area and reasonably required to be housed there in order to maintain that employment; or has accepted an offer of permanent employment in the local area and reasonably requires to be housed there in order to take up that employment; or has a long standing connection to the local area and is in need of family support from relatives living within the local area or has relatives living in the local area who reasonably require support.
Please note this information has been taken from Preston City Council criteria for Discount to Market homes.
For further information please refer to the council website for affordable homes criteria and or contact the on site sales team Site sales office is open Thursday to Monday 10:30am to 5pm.
* Photos are illustrative only. Bi-fold doors are on selected plots only. Some finishes are upgrades at extra costs and may vary from those photographed.
To arrange your site viewing with personalised sit down to discuss all options available, call now or email via the request details link.
MISREPRESENTATION ACT: Fellows Homes on behalf of proposing vendors or lessors and on their own behalf give notice that: (i) These particulars are set out as general information only for the assistance of intending purchasers or lessees.
They do not constitute nor constitute part of an offer and will not be incorporated in any contract term: (ii) all descriptions, dimension, references to condition and necessary permissions for use and occupation, and other details are provided in good faith but without any liability of any kind on any proposing vendors or lessors.
Any intending purchaser or lessee shall not rely on such information which is given on condition that any intending purchasers or lessors shall satisfy themselves by their own inspections or other enquires about the property in all respects: (iii) no partner and no person employed by Fellows Homes has any authority to make any representation or give any warranty whatsoever in relation to this property whether on behalf of proposing vendors or lessors of Fellows Homes.
Care has been taken with these particulars but 100% accuracy cannot be guaranteed and do not form any part of a contract. Some particulars may be awaiting vendor approval.
All measurements are approximate. Fixtures, fittings and appliances have not been tested and cannot be guaranteed by Robinson Estates. Not all items in the photos are included in the sale.
You may download, store and use the material/ advert for your own personal use and research.
You may not republish, retransmit, redistribute or otherwise make the material/ advert available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without Robinson Estates express written consent.
Robinson Estates copyright must remain on all reproductions of material taken from this advert. If you require further information please contact our offices
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Sharoe Brook Close, Preston, Lancashire, PR2
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