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 · PR5 0ED
Listing removedReduced £35k (−11.7%) on 24 MayListed 215 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered chain free, this is a rare opportunity to secure a detached bungalow in one of the area's most desirable village locations.
Situated on a generous private corner plot within the highly regarded Hoghton Village, this beautifully refurbished two-bedroom detached true bungalow offers modern, turn-key living in a prime residential address.
Fully renovated in 2017, the property has been thoughtfully modernised throughout, blending contemporary design with practical single-level living.
From the moment you step inside, the quality of finish is evident — stylish décor, upgraded fittings and a flowing layout designed for both comfort and functionality.
The accommodation briefly comprises a welcoming entrance hallway, a bright and spacious lounge with feature log-burning stove, and a stunning modern kitchen diner complete with high-gloss units, integrated appliances and a striking central island — ideal for entertaining or everyday living.
French doors provide direct access to the rear garden.
There are two well-proportioned bedrooms, including a generous principal bedroom, alongside a beautifully appointed four-piece family bathroom featuring both bath and separate shower enclosure.
Externally, the bungalow occupies an impressive plot with gardens to the front, side and rear, a driveway providing off-road parking, and a detached garage complete with inspection pit — ideal for car enthusiasts or additional storage.
Early viewing is highly recommended.
Council Tax Band - D / EPC Rating - C / 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.
BBR250392/2 Entrance Hall A welcoming central hallway providing access to all principal rooms, finished with modern décor and wood-effect flooring, creating a clean and contemporary first impression.
Lounge 4.8m x 3.58m (15' 9" x 11' 9") A beautifully proportioned reception room.
The bay-style window allows excellent natural light, while the generous floor space comfortably accommodates multiple seating arrangements.
Kitchen /Dining Room 4.5m x 3.58m (14' 9" x 11' 9") A striking modern kitchen finished with high-gloss cabinetry, contrasting worktops and integrated appliances.
The central island provides both preparation space and informal dining, making this an ideal room for entertaining.
French doors open directly onto the rear garden, enhancing the sense of space and connection to outdoors.
Bedroom One 4.19m x 3.58m (13' 9" x 11' 9") A spacious principal bedroom overlooking the front garden, offering ample room for a full suite of furniture.
Tastefully decorated and designed for comfort, this room provides a calm and relaxing retreat.
Bedroom Two 3.28m x 2.97m (10' 9" x 9' 9") A well-balanced second bedroom with excellent versatility — ideal as a guest room, dressing room or home office.
Positioned to enjoy garden views and natural light.
Bathroom 2.51m x 2.34m (8' 3" x 7' 8") A contemporary four-piece suite comprising panelled bath, separate glazed shower enclosure, vanity wash basin and WC.
Stylish tiling and modern fittings create a high-quality finish with both practicality and visual appeal.
Detached Garage 5.89m x 3.15m (19' 4" x 10' 4") A substantial detached garage complete with inspection pit — a rare and valuable feature for vehicle enthusiasts or those requiring secure storage and workshop space.
External Occupying a prominent yet private corner position within the heart of Hoghton Village, this impressive detached bungalow sits on a generous plot with gardens extending to the front, side and rear.
Mature hedging and established boundaries provide a high degree of privacy, creating a peaceful setting despite its convenient village location.
To the front, the property is approached via a substantial driveway providing ample off-road parking and leading to a detached garage.
The frontage is mainly laid to lawn with well-stocked borders and mature shrubs, enhancing the property's kerb appeal and sense of space.
The rear garden continues the theme of openness and privacy, offering a large lawned area ideal for outdoor enjoyment, entertaining or further landscaping potential.
A paved patio area provides space for seating, while the detached garage (with inspection pit) is positioned to the rear of the plot, offering both practical storage and workshop versatility.
There is (truncated)
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Gregson Lane, Hoghton, Preston, Lancashire, PR5
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