3-bedroom terraced house · PR1 5QU
Sold STCListed 9 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Buy to let investors only-sold with tenants in situ since July Current rent £575-Section 13 issued to increase rent to £700 pcm from December This three bedroom mid-terraced house presents an excellent opportunity for buy to let investors, as it is being sold with tenants in situ (from July 2024).
Currently achieving a monthly rent of £575, the property benefits from an S13 notice, with an increase to £700 pcm effective from December 2026.
The house is arranged over two floors and features two reception rooms, offering flexible living and dining spaces.
The kitchen, bathroom, and general interiors are in need of refurbishment and modernisation, allowing the new owner to add value through improvement.
With a council tax band A and an EPC rating of D (66), with the potential to reach B (84), the property is both cost-effective and energy efficient with the right upgrades.
Its central town location ensures excellent access to public transport links and a wide range of amenities, making it attractive to tenants and future buyers alike.
The property is competitively priced to sell, reflecting the scope for enhancement. Externally, the property is complemented by both front and rear gardens, offering outdoor spaces.
The rear garden is enclosed, providing a private area that could be landscaped or redesigned to suit a variety of needs.
The front garden sets the property back from the street, enhancing kerb appeal and offering a welcoming approach.
On street parking is available (unallocated), ensuring convenience for residents and visitors.
The outdoor spaces, while requiring some attention, provide a blank canvas for improvement and further add to the property's investment potential.
With its combination of town centre convenience, outdoor amenity, and scope for modernisation, this house is an ideal addition to any investment portfolio. Nb.
In accordance with Section 21 of the Estate Agent Act 1979, we declare that there is a personal interest in the sale of this property. The property is being sold by Director’s of Move Places Ltd.
A Buyer’s Reservation Fee forms part of any agreed purchase price. Please contact branch for more information. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Mp has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Mp has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
EPC Rating: D Location 66 Miller Road, Preston, Lancashire PR1 5QU Parking - On Street Unallocated
Value & comps
No previous sales on record.
Returns
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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.
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.
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About 66 Miller Road, Preston
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