3-bedroom house · PR1 4PL
Listing removedListed 114 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Highgate Homes are proud to present this 3-bed semi-detached house to let on Malvern Avenue, Preston.
Along with its 3 spacious bedrooms, the property recently redecorated, benefits from 2 large receptions, a modern kitchen & bathroom with an additional bonus of a sizable rear garden & garage space.
The property is located in a popular area of Preston, close to the Capitol Retail Park in Walton le Dale & is a 10-minute drive to Preston City Centre.
The property also benefits from excellent transport links via the A6. To arrange a viewing, please make an inquiry via our website, Zoopla, or OnTheMarket.
Living Room A large open plan living room that has a feature fireplace, a large double glazed front window, and alcove lighting.
Kitchen A homely kitchen that has a gas cooker and plenty of space for those who enjoy cooking.
Master Bedroom A sizable master bedroom that is fully carpeted, with electric fire for added warmth and double glazing, this room has a large window for lots of natural light.
Bedroom 2 A second also sizeable double bedroom, which is also fully carpeted and well presented.
Bedroom 3 The third bedroom is also considerable in size, would make a lovely child's bedroom or even alternatively could be converted to a study room.
Family Bathroom A modern family bathroom to a high specification, that is fully tiled with a white 3 piece suite.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 61, Malvern Avenue, Preston
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