4-bedroom flat · PR5 5HA
For saleListed 32 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Holdens are delighted to introduce this spacious and highly versatile four-bedroom flat, offering an excellent opportunity for multigenerational living, extended families, or investors seeking a flexible property with strong appeal.
The majority of the accommodation is thoughtfully arranged across the ground floor, comprising three generously sized double bedrooms, a bright and welcoming living space, a recently renovated kitchen and a downstairs bathroom.
This practical layout provides excellent accessibility and makes the property particularly well suited to families and households requiring most of their living accommodation on one level.
The master bedroom is positioned on a separate floor and benefits from its own modern en-suite, providing an ideal private retreat for a family member, older child, guest or generation seeking a greater degree of independence.
The recently renovated kitchen provides a contemporary and practical space for everyday family life, while the living accommodation offers plenty of room for relaxing together, entertaining or enjoying family time.
The property's versatile layout also makes it an attractive proposition for investors, with four double bedrooms and adaptable accommodation offering the potential to appeal to a broad range of tenants, subject to any necessary permissions and applicable regulations.
Outside, the property benefits from gardens to both the front and rear, providing valuable additional outdoor space.
The rear garden is ideal for outdoor dining, entertaining, gardening or simply relaxing, whilst the front garden provides an added degree of privacy.
Situated within easy reach of local amenities and excellent transport links, the property combines generous accommodation with convenience and flexibility.
Whether you're looking to bring multiple generations together while retaining a degree of privacy and independence, accommodate a larger family, or acquire a versatile addition to an investment portfolio, this property offers a compelling combination of space, flexibility and potential.
Leasehold, Council Tax Band A, Awaiting EPC. Please note measurements for this property are located within the floor plan, tenure to be confirmed by solicitors.
Disclaimer Disclaimer: All information such as plans, dimensions, and details about the property's condition or suitability is provided in good faith and believed to be accurate, but should not be relied upon without independent verification.
Buyers or tenants must carry out their own checks. Appliances and systems (e.g. Electrics, plumbing, heating) haven’t been tested.
It’s strongly advised to get professional inspections before making any commitments. No employee or agent of Holdens Estate Agents is authorised to make promises or guarantees about the property.
These details are for general guidance only and do not form part of any contract.
If the property is leasehold, buyers should carefully review the lease terms, including length, rent, deposit, and any specific conditions.
All discussions with Holdens Estate Agents are subject to contract.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About 109b Watkin Lane, Preston
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