3-bedroom bungalow · PR2 9HB
Listing removedListed 50 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This robust true bungalow occupies a prime position in the heart of Fulwood, just a few minutes walk from Royal Preston Hospital and within walking distance from all local amenities.
Built in the 1930's with double front design, this would make a lovely home for someone who is willing to put their own stamp on it and not afraid to take on a project.
Tucked back from the main road enclosed on a private plot with driveway and sizeable rear gardens. With a perfect adaptable layout comprising 2 bedrooms, 2 receptions, kitchen and bathroom.
Plenty of garden space to extend to the rear subject to the necessary planning permissions and building regulations.
Both of the bedrooms are doubles and one of the reception rooms could also be used as a bedroom. There is a workshop to the rear in need of repair.
The central heating is fired from a gas fire in the lounge and the hot water heated from the Rayburn in the kitchen.
Complete modernisation required throughout, likely rewiring, new heating system and new kitchen and bathroom modernisations. Early viewing essential. Offered with no chain
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
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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 316, Sharoe Green Lane, Preston
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