2-bedroom bungalow · PR4 1RR
Sold STCListed 212 days
Opportunity summary
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About
. SEMI DETACHED BUNGALOW . 2 BEDROOMS PLUS LOFT HOBBIES . TWO RECEPTIONS . THROUGH LOUNGE / DINING ROOM . UPVC DOUBLE GLAZING & GAS CENTRAL HEATING .
DRIVEWAY & GARDENS DESCRIPTION Tucked away in a quiet cul de sac just a short walk from the centre of Freckleton Village with a good range of amenities, this semi detached bungalow requires some updating to one's own tastes.
Warmed by gas central heating and complemented by UPVC double glazing, features include entrance porch, entrance hall, lounge with an archway to a dining room, inner hallway, kitchen, two bedrooms and an office room which was formally a garage and shower room and W.C.
A staircase from the lounge gives access to a loft hobbies room. Outside are low maintenance gardens to front and rear. A driveway affords off street parking.
LOCATION Proceeding out of Freckleton Village along Lytham Road, turn left into Derwent Avenue and at the end turn right into Ribble Avenue. Ribble Close is a turning on the right hand side.
The accommodation comprises:- ON THE GROUND FLOOR ENTRANCE PORCH UPVC double glazed window and door. ENTRANCE HALL Cupboard housing Glow Worm boiler. LOUNGE 15'0 X 10'10.
UPVC double glazed window, archway to:- DINING ROOM 12'7 X 10'10. Double glazed patio doors, radiator, stairs, understairs storage cupboard. INNER HALLWAY KITCHEN 15'7 X 9'10.
Fitted with a range of laminate base units and worktops with bevelled edges incorporating a 1 ½ bowl single drainer stainless steel sink unit with mixer tap over, built in double oven, hob and hood, part tiled walls, matching eye level cupboards, plumbing for washing machine.
BEDROOM NO 1 8'8 X 8'0. UPVC double glazed window, radiator. BEDROOM NO 2 8'6 X 5'5. UPVC double glazed window, radiator. OFFICE (FORMELRY GARAGE). 15'9 X 7'10. Two UPVC double glazed windows.
SHOWER ROOM & W.C Jacuzzi style bath, vanity sink unit, W.C - low suite, UPVC double glazed window. ON THE FIRST FLOOR LOFT HOBBIES 12'9 X 13'4. Three UPVC double glazed windows, radiator.
OUTSIDE PAVED & GRAVELLED GARDEN DRIVEWAY TENURE Leasehold - residue of 99 year lease from April 1996. SERVICES All mains services - gas fired central heating.
VIEWINGS Only by prior appointment through Duncan Raistrick Estate Agents. Tel:- - open 7 days a week. COUNCIL TAX BAND C EPC RATING:- E
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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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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