We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · PR6 7PY
Listing removedReduced £10k (−20.4%) on 21 JunListed 197 daysAuction 12 May · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by Under The Hammer online auction on Tuesday 12th May 2026. Head over to our website to download the legal pack, register to bid and see more information.
A freehold 2 bedroom terraced property, offering strong potential for improvement.
The property comprises a lounge, separate dining room and kitchen to the rear with access through to a useful storage/utility space.
To the first floor, there are two good-sized bedrooms and a family bathroom.
The property would benefit from modernisation throughout, presenting an excellent opportunity for buyers to add value and tailor to their own specification.
Situated in the popular area of Clayton-le-Woods, well regarded for its local amenities, transport links and access to Chorley and surrounding areas.
Overall, a solid opportunity for investors, developers or owner occupiers seeking a value-add project.
Block viewings are available on this property, ensure you've confirmed your attendance on our website before arriving.
viewing days & time Saturday 18th April 2026: 12pm Wednesday 22nd April 2026: 12pm Saturday 2nd May 2026: 12pm Thursday 7th May 2026: 12pm Here's what to do next Visit - Our website and view the auction terms.
View - Book a viewing directly through our website. Register - Get registered prior to the auction opening date. Legal Pack - Download and view the legal pack to find out all the relevant information.
Prior Auction Offer - Want it now? Submit a prior auction offer through our website. All offer's go direct to the seller.
Bidding - Everything is completed online through the website and the intuitive bidding controls.
If you would like your property to go into our next auction then contact our auction experts on or submit a valuation on our website
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 337 Preston Road Clayton-le-Woods, 337 Preston Road Clayton-le-Woods, Chorley
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