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See how verdicts work2-bedroom flat · PR2 8BY
Listing removedListed 242 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
In a convenient yet quiet location, this apartment lends itself perfectly to someone wanting to downsize and offers shops, amenities and bus routes within as easy walk from the property.
Westway Court is a small development of apartments and uniquely boasts generous living accommodation with pleasant outlooks to the front and rear and lots of parking and a single garage.
The gardens are well maintained and provide a lovely outside space to enjoy which is shared with the other residents and is private and secluded.
With two access points to the front and rear, this apartment is to the first floor and offers dual aspects to both the front and also the rear overlooks the gardens and nearby bowling green.
2 generous double bedrooms ideal for those wishing to downsize and still have the odd visitor, or one of the bedrooms could be used as a dining room or study.
The living room is of generous proportions and has a large window to the front elevation where one can watch the world go by.
Uniquely, the kitchen is completely separate to keep those cooking smells at bay and is well equipped and modern in design with an electric hob and oven and a stainless steel extractor over.
Integrated fridge and washing machine. The units are a contemporary timeless shaker style. This apartment is turn key and any improvements would be purely optional.
Well maintained throughout the property benefits from and electric wet heating system with hot water cylinder, with the boiler housed in a cupboard in the hallway.
Leasehold - 999 years from 01 November 1973. Leaseholders also acquire an equal share in Westway Court Management Company who own the freehold of the land and buildings. No ground rent is charged.
Annual Management is £900 per annum and includes all the upkeep of the public areas, entrance hallway and stairways and repairs and maintenance of the building.
Service includes all cleaning of stairwells, windows and general garden repairs. Band B Council Tax Some of the images include virtual staging to show how you could present the property with furniture
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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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
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FAQ
About Flat 6, Westway Court, Preston
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