4-bedroom terraced house · PR1 8RT
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description An excellent opportunity has arisen to purchase this four-bedroom terraced property, ideally positioned within walking distance of the University of Lancashire, Preston city centre and Preston train station.
With three student tenants already in situ, this property presents an attractive opportunity for buy-to-let investors looking to add to their property portfolio, with an established rental income of £1430 per calendar month already in place.
Internally, the property offers an impressive sense of space throughout, with bright, generously proportioned rooms creating a light and welcoming atmosphere.
The ground floor features a spacious communal lounge, providing the perfect setting for relaxing and socialising, alongside a generously sized kitchen with plenty of room for everyday living.
There is also a well-proportioned bedroom and a convenient downstairs shower room with WC. All rooms on this floor benefit from excellent proportions and an abundance of natural light.
The sense of space continues onto the first floor, where there are three further bedrooms and a bathroom leading off the landing.
Two of the bedrooms are comfortable doubles, while the third, currently used for storage, is a versatile single bedroom that could equally serve as a home office or study.
Externally, the property benefits from a rear yard, providing outdoor space to relax and enjoy.
The property's location is a key selling point, offering students easy access to the university campus, local shops, supermarkets, restaurants, bars and a wide range of city centre amenities.
Preston train station is also within walking distance, providing excellent transport links to surrounding towns and major cities.
With tenants already in place and an established rental income, this property presents an attractive investment opportunity for landlords looking to expand their portfolio.
Its desirable location and continued appeal to the student rental market make it a compelling prospect for investors seeking a well-positioned, income-generating property.
Early viewing is highly recommended to appreciate the location and investment potential on offer. Council Tax Band: A (Preston City Council) Tenure: Freehold
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
Agent & docs
FAQ
About 246 Marsh Lane, Preston
Explore nearby