4-bedroom detached house · PR2 6YE
Listing removedListed 424 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Agent Reference: HR1200 Detached Period Property | Quarter-Acre Plot | Elevated Position with Open Views | NO CHAIN In need of modernisation yet bursting with character and possibilities, The Cottage offers spacious and flexible living.
On the main floor you’ll find a generous lounge with views over the rear garden, a dining area leading into a summer room, three front-facing bedrooms, a kitchen, and a family bathroom.
The basement level provides additional flexible accommodation — currently an extra bedroom with its own entrance, shower ensuite, and access to the garage — making it perfect as a home office, annexe, or guest suite.
Set on a quarter-acre plot with a gated driveway, garage, and extensive gardens, the property offers endless scope to landscape and enjoy.
Adding to its appeal, the home is within walking distance of a well-stocked Spar, and just a short stroll to two bus stops at the Watling Street Road end of Cromwell Road.
These provide regular services every 20–30 minutes into Preston, via different routes — one through Royal Preston Hospital, Asda Fulwood, and Booths Fulwood.
From Royal Preston Hospital, there is also a direct half-hourly service to Chorley Hospital from the RPH. To view, please quote HR1200 when calling to arrange.
Location – Ribbleton, Preston Ribbleton offers excellent local amenities including shops, schools, and public transport links.
The property is well placed for Preston city centre, motorway access (M6/M55), and nearby green spaces.
Families will appreciate the choice of Ofsted-rated schools, and nature lovers will enjoy parks and countryside walks within easy reach.
ASDA supermarket is nearby, and local shops and conveniences are within walking distance, making day-to-day living easy and accessible.
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 The Cottage, Cromwell Road, PR2 6YE
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