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See how verdicts work6-bedroom flat · PR1 8RH
For saleReduced £6k (−5%) on 24 MayListed 401 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FANTASTIC SIX BEDROOMED APARTMENT SOLD WITH TENANTS IN SITU! To be sold via online auction - powered by The Auction Group This six-bedroom flat is being proudly welcomed to the market.
Conveniently located in close proximity to all local amenities, well regarded schools and major commuter routes, this property is perfect a rental investor looking for something thats ready to go, the property boasts six isolated bedrooms all with en-suite and a communal kitchen.
Comprising briefly, entrance via a call for access door, to the fourth floor.
Enter into the hallway which has doors to all six bedrooms, all with en-suite and built in desk space as well as wardrobes, to the end of the hall is a store room and to the opposite end is a spacious communal kitchen with fitted kitchen space.
To be sold via Online Auction, via unconditional terms, completion strictly within 28 days Bidding window opens - TBC Auction Ends- TBC Starting price - £114,000 (Reserve price is higher & unpublished) Fees All fees are payable by banks transfer only (we do not take card payments ) Buyers premium - Please note that there is a buyers premium that applies to this lot (£5000 including VAT ) payable by the buyer within 2 hours of winning the auction.
The buyers premium does not constitute part of the sale price, this is the auctioneers fee and is to be paid over and above the sale price Hallway 2.06m x 12.34m Hardwood entrance door and doors to six rooms and kitchen.
Kitchen 3.4m x 7.09m UPVC double glazed window, electric heater, range of wall and base units with laminate surfaces, integrated oven with two four ring gas hobs, two stainless steel sinks with drainers and mixer taps and wood effect flooring.
Room F 2.46m x 5.18m UPVC double glazed window, electric heater, fitted wardrobes and desk and door to the en suite.
Ensuite 1.22m x 1.88m Electric feed shower unit, dual flush WC, pedestal wash basin, dual flush WC, part tiled elevations and vinyl flooring.
Room E 2.31m x 5.21m UPVC double glazed window, electric heater, fitted wardrobes and desk and door to the en suite.
Ensuite 1.22m x 1.88m Electric feed shower unit, dual flush WC, pedestal wash basin, dual flush WC, part tiled elevations and vinyl flooring.
Room D 2.51m x 5.26m UPVC double glazed window, electric heater, fitted wardrobes and desk and door to the en suite.
Ensuite Electric feed shower unit, dual flush WC, pedestal wash basin, dual flush WC, part tiled elevations and vinyl flooring.
Room C 2.34m x 5.16m UPVC double glazed window, electric heater, fitted wardrobes and desk and door to the en suite.
Room B 2.49m x 5.16m UPVC double glazed window, electric heater, fitted wardrobes and desk and door to the en suite.
Ensuite 1.22m x 1.85m Electric feed shower unit, dual flush WC, pedestal wash basin, dual flush WC, part tiled elevations and vinyl flooring.
Room A 2.29m x 5.16m UPVC double glazed window, electric heater, fitted wardrobes and desk and door to the en suite.
Ensuite 1.22m x 1.88m Electric feed shower unit, dual flush WC, pedestal wash basin, dual flush WC, part tiled elevations and vinyl flooring.
Value & comps
No previous sales on record.
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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 starting price
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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 Leighton Street, Preston, PR1
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