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 work4-bedroom bungalow · PR4 5DB
Sold STCListed 293 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* Prime Development Plot in Longton Village * Cash Buyers Only * Quiet Cul-de-Sac Location Requires Full Renovation of Existing Dwelling or Demolition and Construction as per Planning Permission (Planning Application 07/2025/00355/FUL - replacement bungalow with roof space accommodation and associated works) This generous plot offers an excellent opportunity to create a modern, bespoke home in a highly desirable setting.
Positioned in a quiet cul-de-sac, it is close to local schools, shops, and amenities, combining convenience with a peaceful, residential environment.
Cash buyers only - the property is sold as seen, presenting a rare chance to secure a prime plot with excellent redevelopment potential.
LOCAL INFORMATION Longton is a sought-after village in the Heart of South Ribble in the PR4 area, Lancashire.
Situated about 4 miles west from Preston in Lancashire and offering excellent transport links.
A vibrant village centre with an excellent range of boutique independent local shops as well as larger chain stores, such as Booth's supermarket.
Excellent local schools and countryside walks being on your doorstep. The tenure of the property is believed to be either freehold or good leasehold.
Interested parties are advised to contact the agent for further information.
Whilst we believe the data within these statements to be accurate, any person(s) intending to place an offer and/or purchase the property should satisfy themselves by inspection in person or by a third party as to the validity and accuracy.
Please call to arrange a viewing on this property now. Our office hours are 9am-5pm Monday to Friday and 9am-4pm Saturday.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
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FAQ
About The Croft, Longton
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