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See how verdicts work2-bedroom flat · PR1 0AA
Sold STCListed 38 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Immaculately Presented Two-Bedroom Apartment for the Over 55s A beautifully presented and immaculate two-bedroom apartment situated within the popular Hardwick Grange development on Cop Lane, Preston.
Designed exclusively for the over 55s, this attractive apartment offers comfortable, secure and low-maintenance living within a welcoming residential community.
The apartment is presented to an excellent standard throughout and benefits from lift access, making it easily accessible and convenient.
The accommodation comprises a bright and comfortable living area, a well-appointed kitchen, two bedrooms, a modern bathroom and an en-suite to the principal bedroom.
The main bedroom further benefits from a walk-in wardrobe, providing excellent storage space.
Residents also have access to a communal lounge, providing a pleasant space to relax and socialise with fellow residents. The property also benefits from allocated parking, adding further convenience.
Key Features Immaculately presented two-bedroom apartment Over 55s development Principal bedroom with en-suite Walk-in wardrobe Separate bathroom Lift access Communal lounge Allocated parking Well-presented throughout Comfortable and low-maintenance living Popular Hardwick Grange development Convenient Cop Lane location This is an excellent opportunity to acquire a superbly maintained apartment within a popular over-55s development.
Offering a combination of comfort, convenience and excellent communal facilities, this lovely home is ideal for those looking to enjoy a relaxed and low-maintenance lifestyle.
Early viewing is highly recommended to fully appreciate the quality and presentation of this lovely apartment.
- Length of lease 993 (years remaining) - Annual ground rent amount (£) 492.00 - Annual service charge amount (£) 4,092.00 This includes, all communal cleaning, window cleaning, gardening, communal electricity, water & buildings insurance.
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.
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
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FAQ
About 38, Hardwick Grange, Preston
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