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See how verdicts work2-bedroom detached house · PR4 2PJ
Sold STCReduced £100k (−16.7%) on 27 OctListed 183 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A true ‘hidden gem’. This charming character cottage is tucked away and in our opinion is in one of the most attractive positions on the edge of the village of Wrea Green.
Set behind Fox Lane Ends in a large plot with good levels of privacy and some lovely views, this cottage offers fantastic potential for those looking to make a home their own.
Likely to be of interest for those looking to improve or to replace the house subject to gaining any necessary consents.The house is classed as being in Westby, but is within walking distance to the village of Wrea Green, many would describe the location as Wrea Green village edge.
Wrea Green is seen as a desirable village and is centred around the picturesque village green where many a sporting fixture, club days and other community events can be enjoyed.
Ribby with Wrea Endowed C of E school, St Nicholas Church, the village shop, Dizzy Ducks, the Thai Restaurant and The Grapes are all found around the green side.
Further amenities include Wrea Green Pre-School, Alchemy hair salon, Wrea Green Dental Practice and The Villa Hotel to name a few.
Lytham and Kirkham are a short drive and are home to private schools AKS and Kirkham Grammar School.
The property is also well positioned for good access to the main road and motorway network making this an ideal location for commuters.
A private road leads from Fox Lane Ends through to the property where there is a gateway which opens up to unveil the rear of the house.
On arrival this property feels like a real treat, tucked away in a little known location, this beautiful character cottage sits within a large plot and it is easy to see the charm that the property exudes from the outset.
The expanse of garden is evident and the house is positioned centrally within the plot. A parking area is found at the rear ahead of a single garage and parking area at the side of the property.
Day to day access is typically taken from the rear porch which offers views out to the rear of the property and gives plenty of space to hang coats and store boots, this area is open to the dining room.
The kitchen has a range of kitchen units with a sink and drainer and a point for an electric cooker and washing machine. The kitchen is open to a pantry area which is fully shelved.
The dining room is found off the kitchen and enjoys a window to the front of the property. A dual sided woodburning stove gives warmth in both the dining room and lounge creating a cosy cottage feel.
The lounge is a bright and spacious room which has windows to three elevations ensuring that there is plenty of natural light.
The study has a window to the front of the property along with a wood burning stove set in an attractive arched brick fireplace, again providing a lovely focal point to the room.
A staircase rises up to the first floor where there are two bedrooms in total. Both bedrooms have views out to the front of the property with the principal bedroom having a fitted wardrobe.
The family bathroom includes a bath with a shower over, a pedestal wash hand basin, WC and there are part tiled walls with a window out to the rear of the property.
The first floor enjoys views across the plot and the rural areas beyond. The property has had a damp proof course fitted.
Externally the property has the benefit of a parking area and concrete block-built garage with a fibre cement sheet roof with double timber doors.
The gardens are well stocked and have been very productive over the years to include orchard areas which we understand from the vendor have a range of trees to include quince, apple, pear plum and damson.
There are cobbled paths which lead to bedded areas through to a vegetable patch, greenhouse and a polytunnel which have been productive in years gone by.
There are also raised beds, a patio area and a shed. To the side of the property there is a further patio area and to the front attractive lawned gardens with a footpath through to a pedestrian gate.
We understand that the road from Fox Lane Ends to the property is owned with Fox Lane Cottage, see disclosures in the General Remarks.
The neighbours have a right of access to use the first part of the lane.
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

FAQ
About Fox Lane Ends, Westby, Preston, Lancashire
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