4-bedroom house · PR4 3SA
Listing removedReduced £15.1k (−3.1%) on 25 MayListed 246 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Mi Home Estate Agents are pleased to welcome to market - Westwood - a surprising and individual bungalow that is nothing like it looks from the front!
Ideally located on New Hey Lane in Newton where properties rarely come to market. From first glance Westwood looks like a small red brick property when in fact it is anything but!
Extended and improved throughout this deceptively spacious home offers a great amount of space in and outdoors.
An ideal family home with versatile annexe style living with its second lounge, kitchen, bedroom and shower room.
The internal accommodation comprises of - ground floor: entrance hallway, large 33ft+ lounge diner, kitchen diner, utility room, bathroom, second lounge (or fourth bedroom), second kitchen, shower room and bedroom To the first floor: two bedrooms Externally the property is set back from the road with pretty frontage of curved edged lawn, decorative loose stone and driveway parking leading down the side of the bungalow to the garage.
To the rear is a West facing, not overlooked, lawned garden with paved patio area, decorative loose stone, stepping stones and borders of mature hedging, plants and trees.
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Ground Floor Entrance Hall - 4 x 3'3 ft (1.22 x 0.99 m) Entrance hall with hardwood front door, access to the ground floor accommodation and tiled flooring.
Lounge Diner - 13'5 x 33'10 ft (4.09 x 10.31 m) Large and versatile through room with UPVc double glazed bay window to the front, UPVc double glazed windows to the side and rear, stairs to the first floor accommodation, under stairs storage, feature log burner fire on tiled hearth with sleeper over, three radiators and carpeted flooring.
Kitchen Diner - 13'3 x 11'6 ft (4.04 x 3.51 m) Characterful kitchen with vaulted ceiling and ceiling beams with UPVc double glazed windows to the side and rear, skylight window, UPVc external door to the side accessing the garden.
Featuring a range of sage green shaker style wall and base units with complimenting granite worktops and upstands.
Incorporating appliances including integrated oven and grill, four ring hob with over head extractor, integrated dishwasher, space for fridge freezer and double circular stainless steel sinks.
Ample space for dining. Radiator and tiled flooring with under floor heating.
Utility Room - 3'9 x 6'2 ft (1.14 x 1.88 m) Utility room with UPVc double glazed window to the rear, plumbing and space for washing machine, wall mounted boiler and tiled flooring.
Bathroom - 11'8 x 7'2 ft (3.56 x 2.18 m) Ground floor bathroom featuring a four piece bathroom suite comprising of WC, wash hand basin on vanity unit, tiled shower and double ended free standing bath.
Fully tiled elevations, heated towel rail and vinyl flooring. Second Lounge - 11'6 x 11'6 ft (3.51 x 3.51 m) Annexe style living.
Second lounge with UPVc double glazed bay window to the front, radiator and carpeted flooring.
Second Kitchen - 13'3 x 11'6 ft (4.04 x 3.51 m) Second kitchen featuring a range of light wood effect wall and base units with light worktops.
Incorporating four ring hob with overhead extractor, space for washing machine and fridge, stainless steel sink and drainer. Tile effect vinyl flooring.
Bedroom Three - 7'7 x 10'2 ft (2.31 x 3.1 m) Ground floor bedroom with UPVc double glazed window to the side, radiator and carpeted flooring.
Shower Room - 7'11 x 6'3 ft (2.41 x 1.91 m) Shower room featuring a three piece bathroom suite comprising of WC, wash hand basin on vanity unit and shower cubicle.
Fully tiled elevations, shaving point, heated towel rail and vinyl flooring.
First Floor Bedroom One - 10 x 18'5 ft (3.05 x 5.61 m) Main bedroom with UPVc patio door to the rear with full length side windows.
Featuring a good range of built in storage, radiator and carpeted flooring.
Bedroom Two - 15'4 x 12'1 ft (4.67 x 3.68 m) Second bedroom with two skylight windows to the rear, ceiling beams, built in storage, radiator and carpeted flooring.
External Externally the property is set back from the road with pretty frontage of curved edged lawn, decorative loose stone and driveway parking leading down the side of the bungalow to the garage.
To the rear is a West facing, not overlooked, lawned garden with paved patio area, decorative loose stone, stepping stones and borders of mature hedging, plants and trees.
Garage/Workshop - 13'7 x 34'11 ft (4.14 x 10.64 m) Large garage workshop with up and over door to the front, large wooden doors to the side, power and lighting.
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.
Area
Agent & docs
FAQ
About New Hey Lane, Newton, Preston, PR4
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