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 detached house · PR1 0PE
Listing removedListed 215 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* Immaculately Maintained 2 Bedroom Bungalow * Located in The Highly Sought-After Area of Penwortham * A Fantastic Opportunity to Move Into a Comfortable Home With Great Potential Upon entering the property, you are welcomed into a spacious hallway that leads into a bright and generously sized living room, ideal for both relaxing and entertaining.
The fitted dining kitchen provides ample storage and worktop space, with room and plumbing for a washing machine and dishwasher.
It also includes a freestanding electric cooker and space for a tall fridge freezer.
The home offers a modern three-piece bathroom and two well-proportioned double bedrooms, making it suitable for families, couples, or individuals who need extra space for a home office or guests.
A recently added conservatory with a solid roof extends the living space further, creating a versatile area that can be used year-round as a second lounge, dining area, or garden room.
Externally, the property boasts a well-maintained rear garden, offering a private outdoor retreat that's perfect for relaxing, entertaining, or gardening.
To the front, there is ample off-road parking for three to four vehicles, along with a detached garage with electric door that provides excellent storage or workshop space.
This home combines comfort, practicality, and potential in one of Penwortham's most desirable residential locations.
It's an ideal choice for first-time buyers, downsizers, or anyone seeking a peaceful yet well-connected place to call home.
While some areas may be slightly dated, the home has been extremely well cared for and is ready for immediate occupancy, with a new boiler installed in April 2025.
LOCAL INFORMATION PENWORTHAM is a town in South Ribble, Lancashire.
Situated on the South Bank of the River Ribble, where a vibrant community with an abundance of shops, cafes, diverse eateries and trendy wine bars, are conveniently on hand.
Excellent catchment area for primary and secondary schools.
Preston city centre is no more than a mile away, easy access to the motorway network with the Lake District, Manchester and Liverpool being only an hour's drive.
Fantastic walks, parks and cycleways are also easily accessed within minutes of the area.
ENTRY LIVING ROOM 21' 6" x 10' 6" (6.55m x 3.2m) INNER HALLWAY KITCHEN DINER 18' 6" x 9' 10" (5.64m x 3m) BEDROOM ONE 14' 4" x 10' 5" (4.37m x 3.18m) BEDROOM TWO 11' 3" x 9' 9" (3.43m x 2.97m) CONSERVATORY 10' 1" x 11' 6" (3.07m x 3.51m) BATHROOM 5' 9" x 6' 8" (1.75m x 2.03m) GARAGE 16' 8" x 8' 7" (5.08m x 2.62m) 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
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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.
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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
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FAQ
About Cedar Way, Penwortham
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