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 work3-bedroom bungalow · PR5 5UQ
Sold STCListed 116 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market with no onward chain, this attractive 1930s detached true bungalow presents a rare opportunity to acquire a characterful home with exceptional potential.
Constructed from Accrington red brick, renowned for its quality and durability, the property occupies a generous plot with a substantial rear garden, offering exciting scope to extend or redevelop (subject to the necessary planning permissions).
The existing accommodation comprises a welcoming entrance hallway, spacious living room, generous dining room or second reception room, fitted kitchen, two well-proportioned double bedrooms, bathroom and a useful additional room, providing flexible living arrangements to suit a variety of buyers.
Externally, the property benefits from ample gardens, with the impressive rear plot offering endless possibilities for keen gardeners, families or those looking to create their dream home.
Subject to the relevant planning consents, there is excellent potential to significantly extend the existing bungalow or explore further development opportunities.
Ideally suited to downsizers, developers or purchasers seeking a project in a desirable setting, this vacant property is ready for immediate occupation and offers buyers the opportunity to modernise and add value.
Early viewing is highly recommended to fully appreciate the size of the plot, the versatility of the accommodation and the outstanding potential on offer.
Council Tax Band - D / EPC Rating - F / Freehold IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
BBR260222/2 Entrace Hallway A welcoming entrance vestibule providing access into the main hallway.
Hallway 3.4m x 1.1m (11' 2" x 3' 7") A spacious central hallway providing access to the principal accommodation and creating a welcoming first impression.
Lounge 4.17m x 3.53m (13' 8" x 11' 7") Positioned to the front elevation, this generous reception room enjoys excellent natural light courtesy of the attractive bay window.
Offering ample space for a range of furniture, this is a comfortable and inviting space ideal for everyday living.
Kitchen/Dining Room 3.35m x 5.18m (11' 0" x 17' 0") A spacious dining kitchen fitted with a range of wall and base units with complementary work surfaces and space for a dining table and chairs.
Enjoying views over the rear garden and offering tremendous potential for improvement and reconfiguration, subject to any necessary consents.
Bathroom 1.78m x 1.68m (5' 10" x 5' 6") Fitted with a three-piece suite comprising panelled bath with shower screen, pedestal wash hand basin and low-level WC.
The room offers excellent scope for modernisation and personalisation.
Bedroom One 4.14m x 3.58m (13' 7" x 11' 9") A substantial double bedroom situated to the front of the property, featuring a bay window and providing plenty of space for freestanding furniture.
Bedroom Two 3.89m x 3.18m (12' 9" x 10' 5") A further well-proportioned double bedroom overlooking the rear garden, enjoying a pleasant outlook and offering flexibility for use as a guest bedroom, home office or additional reception room.
Bedroom Three 1.96m x 3.05m (6' 5" x 10' 0") Single bedroom to the side aspect.
This room has flexible use and could be used as a bedroom, office, dining room etc External Front Occupying an impressive plot extending to approximately 0.22 acres, the property is set back from the road behind an extensive gravelled frontage providing ample off-road parking for numerous vehicles and leading to the attached garage.
To the rear lies a truly outstanding garden, predominantly laid to lawn with mature trees, established planting, greenhouse and useful outbuildings.
Offering a high degree of privacy and exceptional outdoor space, the garden is undoubtedly one of the property's most attractive features and presents enormous potential for keen gardeners, families or those seeking space to extend, subject to the necessary consents.
Garage Single attached garage with up and over door.
Providing secure parking, storage or workshop space, the attached garage further enhances the practicality of this individual detached bungalow.
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 Todd Lane North, Lostock Hall, Preston, Lancashire, PR5
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