2-bedroom flat · PR2 1BZ
For saleListed 181 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Attention investors, this property is being offered with a tenant in situ paying £820 PCM (£9,840 Annual income) offering a rentiel yield of 7.8% Situated on the much sought after Ashton Bank residential development in Preston.
Positioned within easy access of all local amenities, travel links, highly regarded schools and Preston City Centre, this ideally positioned property boasts spacious and modern living accommodation which on internal inspection briefly comprises of a welcoming entrance hallway, spaciousopen plan lounge/ kitchen with integrated appliances, there are two good size bedrooms one with an en suite shower room and storage space and also seperate three piece family bathroom suite.
Eco central heated and double glazed throughout. Viewing comes highly recommended to fully appreciate the accomodation on offer. Tenure: Leasehold
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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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 Ashton Bank Way, Ashton-on-Ribble, Preston
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