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 · PR2 2RR
Listing removedReduced £65k (−48.2%) on 13 SepListed 119 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***fully refurbished throughout to A high standard - superb two bedroom terrace property situated in A great location within easy reach of preston city centre*** This newly refurbished two-bedroom mid-terraced home offers deceptively spacious accommodation, combining modern comfort and practicality, making it an excellent choice for first-time buyers, professional couples or investors alike.
Ideally situated within easy reach of Preston City Centre, the property enjoys convenient access to an extensive range of shops, restaurants, cafés, leisure facilities, excellent public transport links, and a wide selection of highly regarded schools and local amenities.
Upon entering, you are welcomed into a generous and light-filled lounge which leads through to the well-appointed newly fitted breakfast kitchen, offering a range of modern wall and base units with ample worktop space and a range of integrated appliances, providing a practical and functional environment for cooking and dining.
The property further benefits from a second reception room/study/snug to the rear, with double glazed French doors leading out onto the rear yard.
The first floor offers two well-proportioned double bedrooms, both enjoying plenty of natural light and offering versatile accommodation to suit a variety of lifestyles, whether as spacious bedrooms, a home office or guest accommodation.
Completing the internal accommodation is a stylish newly fitted four-piece family bathroom, fitted with a panelled bath, separate walk in shower, wash hand basin and W.C, providing both practicality and a touch of luxury.
Externally, the property benefits from a private, low-maintenance enclosed yard, offering an ideal space for outdoor dining, relaxing or entertaining during the warmer months.
On-street parking is available to the front of the property for added convenience.
Viewing this superb property comes highly recommended to fully appreciate the quality accommodation and location it has to offer.
Lounge Entrance via UPVC double glazed front door with feature glazed leaded panel and top light. UPVC double glazed window to the front elevation.
Carpeted staircase leads to all first floor accommodation. Feature focal fireplace with modern surround and wall mounted electric fire. Cupboard housing utility meters. Double panel radiator.
Ceiling light. Carpeted. TV aerial socket. Breakfast Kitchen UPVC double glazed window to the rear elevation.
Features the range of modern eye and base level units with contrasting complementary work surfaces over. Insect composite sink and draining unit with mixer tap.
Integrated appliances include electric fan assisted oven and four burner gas hob with extractor hood over. Feature contrasting splashback. Space and plumbed for washing machine. Vinyl floor covering.
Ceiling light fitting. Space for a dining table and chairs. Double panel radiator.
Door leading through to:- Dining Room/Study/Second Reception A bright and airy versatile room with UPVC double glazed French doors and side windows to the rear elevation leading out onto the rear yard.
Double panel radiator. Insect spotlights to ceiling. Carpeted. First Floor Landing Access to the loft. A split level landing, with double panel radiator, ceiling light fitting and carpeted..
Bedroom One A spacious double bedrooom with UPVC double glazed window to the front elevation. A bright and dairy room with cupboard storage. Pendant light fitting. Carpeted. Double panel radiator.
Bedroom Two A second spacious double bedroom with UPVC double glazed window to the rear elevation. Pendant light fitting. Carpeted. Double panel radiator.
Bathroom UPVC double glazed obscured window to the rear elevation.
Features a brand-new modern four piece suite in white comprising of concealed system WC set with vanity unit with wash hand basin and cupboard storage, walk-in shower with overhead rainfall fitment and handheld attachment and a panelled bath with mixer taps.
Chrome towel ladder radiator. Elevations are part covered in Wet wall cladding. Cupboard storage. Herringbone effect vinyl flooring. Ceiling light fitting.
Exterior The rear yard is a private, low-maintenance outdoor space with a paved patio area enclosed by walls and double gates. The property benefits from on street parking to the front.
Agents Notes Viewing: Viewing is strictly by appointment only. Please contact Marie Holmes Estate Agents on .
Information: Please note this brochure including photography was prepared by Marie Holmes Estate Agents in accordance with the sellers instructions.
Property misdescriptions act: Under the Property Misdescription Act 1991, we endeavour to make our sales details accurate and reliable, but they should not be relied upon as statements or representations of fact and they do not constitute any part of an offer or contract these particulars are thought to be materially correct though their accuracy is not guaranteed & they do not form part of any contract.
Measurements: All measurements are taken electronically and whilst every care is taken with their accuracy they must be considered approximate and should not be relied upon when purchasing carpets or furniture.
No responsibility is taken for any error, omission or misunderstanding in these particulars which do not constitute an offer or contract.
Warranties: The seller does not make any representations or give any warranty in relation to the property, and we have no authority to do so on behalf of the seller.
General: We strongly recommend that all information we provide about the property is verified by yourself or your advisors.
Notice: Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items.
All measurements are approximate, and photographs provided for guidance only. Thinking of selling?
If you would like to obtain an independent and completely free market appraisal of your property, please contact our offices.
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
.png)
FAQ
About 1A, Cannon Hill, Preston
Explore nearby