2-bedroom house · PR5 4DS
Listing removedListed 80 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** One of the most beautifully presented 2-bed terraces we have seen-Nestled in the heart of Higher Walton** Not over-looked to the front, with parking facilities for residents and local shops just a stroll away.
Completely refurbished-Wood floor to lounge, new Worcester Bosch boiler, new cooker etc. Delightful in every way.
Welcome to Lark Hill, tucked away from the main road and centre of Higher Walton, within walking distance to the convenience store, pubs, takeaways and restaurant and yet just minutes away, in the car, to the centre of Bamber Bridge or Preston.
The owners have left nothing to chance, offering a beautiful home-fully redecorated, quality fittings and a new boiler.
Step from the parking area to the front, into a delightful lounge, complete with solid wood floor and inset electric stove fire.
Continue into the second reception (dining?) and through to the well-appointed kitchen.
The kitchen offers a washing machine, new cooker, under-counter fridge and wooden worktops (be sure to use the matching chopping boards provided).
Upstairs you will find 2 bright, spacious double bedrooms and a completely re-vamped bathroom.
Externally, there is plenty of parking to the front, with steps past the colourful foliage and to the front door. You can walk to the shops from the path here.
To the rear is a storage shed to the yard, with power. The owners are looking for a discerning applicant, who will preserve and cherish the quality of accommodation on offer.
Ideally someone looking for a long term let.
Rent: £850' 'pcm Deposit: £980 Holding Fee: £196 Council tax: Band A (South Ribble) EPC = tbc (New Energy Efficient boiler just installed-Worcester Bosch) Please contact' 'Lancashire' 'Sales and Lettings' 'Tel: London Rd, Preston, Pr1 4BA Disclaimer: These particulars, whilst believed to be correct, do not form any part of an offer or contract.
Intending purchasers should not rely on them as statements or representation of fact.
No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. All measurements quoted are approximate.
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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 7, Lark Hill, Preston
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