3-bedroom house · PR2 6XA
Listing removedListed 166 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Quote ref NR0608 Situated in a convenient residential location on Halstead Road in Ribbleton, this spacious three bedroom home offers fantastic living space, a low maintenance garden and excellent access to a wide range of local amenities, schools and transport links.
The property is ideally positioned for easy access into Preston City Centre, the motorway network and nearby supermarkets, shops and everyday conveniences.
To the front, there is a driveway providing off road parking, whilst internally the property offers a bright and well proportioned layout throughout.
A welcoming entrance hallway leads onto a generous dual aspect lounge with large windows overlooking both the front and rear, allowing plenty of natural light to flow through the space.
The kitchen is an excellent size and offers ample storage and worktop space alongside a built in oven and gas hob, with additional space for a washing machine, dryer and fridge freezer.
There is a window and door overlooking the rear garden, along with a further external door providing access to the front of the property.
To the first floor, the generous landing leads to three well proportioned bedrooms.
The main bedroom is a particularly spacious double room with two windows overlooking the front aspect, whilst the second bedroom is another good sized double overlooking the rear.
The third bedroom is also a great size and overlooks the front of the property, making it ideal as a bedroom, nursery or home office.
Completing the accommodation is a modern three piece bathroom fitted with a shower over the bath.
Externally, the rear garden has been designed with low maintenance in mind and features flagged seating areas, artificial lawn and a useful storage shed.
Available immediately on a long term basis, please contact Reid & Co Property Group for further information or to arrange a viewing.
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 50, Halstead Road, Preston
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