2-bedroom bungalow
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered For Sale on a Chain Free Basis Situated in the highly sought-after area of Pleckgate, this two-bedroom detached bungalow presents an excellent opportunity for buyers looking to create their ideal home.
Requiring modernisation throughout, the property offers fantastic potential and scope to extend (subject to the necessary planning permissions), making it an attractive prospect for developers, investors, or those seeking a renovation project.
The accommodation comprises two well-proportioned bedrooms, two versatile reception rooms offering flexible living space, a separate kitchen, and a bathroom.
The generous layout provides an excellent foundation for improvement and reconfiguration to suit modern lifestyles.
Externally, the property benefits from a substantial driveway providing ample off-road parking for multiple vehicles.
To the rear, there is a good-sized garden offering plenty of outdoor space for relaxation, entertaining, or further development potential.
Occupying a desirable residential location close to local amenities, reputable schools, and transport links, this bungalow offers a rare opportunity to acquire a property with significant potential in a popular area.
Early viewing is highly recommended to appreciate the space, potential, and sought-after location on offer.
Please note that an aml fee is chargeable to the buyer once an offer is accepted, to cover the cost of carrying out the required Identity and Anti-Money Laundering checks.
Once these checks have been completed the fee cannot be refunded, even if the property purchase does not go ahead.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Openshaw Drive, Lancashire
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