10 Bed HMO, Leyland, PR26 6PR £595,000

Croston Road, Farington Moss, PR26 6PR - 1 views - a year ago
Sold STC
HMO
Outside Article 4
ROI: 7%
~310 m²
Property image

ValuationUndervalued

Sold Prices£169.9K - £715K
Sold Prices/m²£1.4K/m² - £3.5K/m²

 

 

Square Metres

~310 m²
Price/m²£1.9K/m²

Value Estimate

£719,950
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£148,750

Stamp Duty & Legal Fees

£50,700

Total Cash In

£199,450

 

 

Cash Out

 

Room Rate

£529

Gross Rent

£5,290

Running Costs/mo

£4,079

Cashflow/mo

£1,211

Cashflow/yr

£14,531

ROI

7%

Gross Yield

11%

Local Sold Prices

39 sold prices from £169.9K to £715K, average is £311.5K. £1.4K/m² to £3.5K/m², average is £2.5K/m².

Price
Date
Distance
Address
Beds
 
£263K09/240.13 mi18, Hillside Avenue, Farington Moss, Farington PR26 6RE4
£375K08/230.23 mi12, Yewtree Grove, Lostock Hall, Preston, Lancashire PR5 5NP4
£310K02/250.24 mi11, North Union View, Preston PR5 5RF4
£336.5K12/220.24 mi2, North Union View, Lostock Hall, Preston, Lancashire PR5 5RF4
£310K07/230.24 mi22, North Union View, Lostock Hall, Preston, Lancashire PR5 5RF4
£235K06/210.26 mi3, Brackenbury Close, Lostock Hall, Preston, Lancashire PR5 5NB4
£315K07/250.26 mi16, Brackenbury Close, Preston PR5 5NB4
£169.9K02/250.34 mi53, Lostock View, Lostock Hall, Preston, Lancashire PR5 5LS4
£270K02/250.36 mi11, Morland Avenue, Preston PR5 5LU4
£715K08/230.44 miLodge House, Lodge Lane, Farington Moss, Leyland, Lancashire PR26 6RA4
£600K12/220.51 mi270, Croston Road, Farington Moss, Leyland, Lancashire PR26 6PN4
£230K07/230.63 mi425, Leyland Road, Lostock Hall, Preston, Lancashire PR5 5SB4
£273K02/250.68 mi7, Moss Lane, Farington Moss, Leyland PR26 6PU4
£273K02/250.68 mi7, Moss Lane, Farington Moss, Leyland PR26 6PU4
£251.5K07/210.77 mi8, Highgale Gardens, Lostock Hall, Preston, Lancashire PR5 5YT4
£356K06/210.79 mi2, Charnock Gardens, Penwortham, Preston, Lancashire PR1 9PG4
£230K05/210.8 mi30, Bispham Avenue, Farington Moss, Leyland, Lancashire PR26 6QE4
£177K08/210.81 mi20, Rosemeade Avenue, Lostock Hall, Preston, Lancashire PR5 5XN4
£213.5K12/240.82 mi304a, Leyland Road, Preston PR1 9SU4
£311.5K03/250.83 mi40, Claytongate Drive, Preston PR1 9SE4
£311.5K03/250.83 mi40, Claytongate Drive, Preston PR1 9SE4
£207.6K09/210.83 mi37, Ampleforth Drive, Lostock Hall, Preston, Lancashire PR5 5TD4
£328K10/240.84 mi46, Claytongate Drive, Preston PR1 9SE4
£340K11/220.84 mi2, Eavesham Close, Penwortham, Preston, Lancashire PR1 9SF4
£392K03/250.85 miSherbourne, Bee Lane, Preston PR1 9TU4
£392K03/250.85 miSherbourne, Bee Lane, Preston PR1 9TU4
£420K03/230.86 mi41, Cromwell Way, Penwortham, Preston, Lancashire PR1 9SB4
£315K10/240.9 mi3, Eavesham Close, Preston PR1 9SF4
£341K12/220.9 mi14, Belle Field Close, Penwortham, Preston, Lancashire PR1 9SD4
£310K09/220.91 mi3, Belle Field Close, Penwortham, Preston, Lancashire PR1 9SD4
£340K03/250.94 mi409, Croston Road, Farington Moss, Leyland PR26 6PL4
£340K03/250.94 mi409, Croston Road, Farington Moss, Leyland PR26 6PL4
£340K05/250.95 mi7, Bridgeway, Lostock Hall PR5 5YJ4
£340K05/250.95 mi7, Bridgeway, Lostock Hall PR5 5YJ4
£230K05/210.96 mi190, Brownedge Road, Lostock Hall, Preston, Lancashire PR5 5AJ4
£213.3K05/210.99 mi4, Rookery Drive, Penwortham, Preston, Lancashire PR1 9LU4
£229.9K08/211 mi28, Bridge Way, Lostock Hall, Preston, Lancashire PR5 5YJ4
£282K06/211 mi15, Bridge Way, Lostock Hall, Preston, Lancashire PR5 5YJ4
£380K11/241 mi1, Eagleton Way, Penwortham PR1 9SL4

Local Area Statistics

Population in PR26

15,387

Population in Leyland

46,097

Town centre distance

1.63 miles away

Nearest school

0.10 miles away

Nearest train station

0.61 miles away

 

 

Rental growth (12m)

+25%

Sales demand

Balanced market

Capital growth (5yrs)

+27%

Property History

Price changed to £595,000

August 31, 2025

Price changed to £650,000

May 23, 2025

Listed for £700,000

November 13, 2024

Floor Plans

Property image

Description

  • DETACHED VICTORIAN RESIDENCE BUILT CIRCA 1840 +
  • MANY ORIGINAL FEATURES +
  • PREVIOUS USE AS AN 11 BEDROOM HMO +
  • PERMISSION FOR 14 BEDROOM HMO +
  • MULTIPLE KITCHENS, LOUNGES & BATHROOMS +
  • SET IN APPROX 3/4 ACRE CORNER PLOT +
  • GENEROUS GARDENS, DRIVEWAY PARKING +
  • ORIGINAL STABLES/OUTBUILDINGS/LARGE BASEMENT +
  • VIEWING RECOMMENDED +
  • NO ONWARD CHAIN +

Situated in a very pleasant location yet within easy reach of all local amenities. Close to all facilities in Leyland and Lostock Hall and within the catchment of excellent schools, churches and medical facilities.
Motorway Access approx 10 minutes drive. Preston City Centre approx 10 minutes drive.

This spacious, detached Victorian residence, previously used as an eleven-bedroom HMO with permission for a 14 bedroom HMO, offers a unique investment opportunity with significant potential for multiple uses. Set on a generous 0.72-acre corner plot, the property boasts extensive gardens, ample driveway parking for multiple vehicles, and several outbuildings.

Spanning four floors, it features multiple lounges, kitchens, and bathrooms, making it highly adaptable to various configurations.

Many original period features remain, adding charm and character to this substantial building. Located in a desirable area and offered with no onward chain, this versatile property presents an excellent opportunity for investors or those seeking a distinctive, adaptable home.

SERVICES ELECTRICITY CONNECTED AND METERS IN SITU
WATER CONNECTED

LOCAL AUTHORITY SOUTH RIBBLE BOROUGH COUNCIL BAND 'G'

VIEWING BY APPOINTMENT WITH THE OFFICE.

COMMENTS This is a unique opportunity to refurbish this charming Victorian House originally built circa 1840 as the 'Old Presbytery' for the neighbouring St Paul's Anglican Parish Church.
Most recently this characterful house has been used as a home of multiple occupancy. Set over four floors to include a spacious basement this is an ideal and unique opportunity with endless options for development.
Set in a generous plot with a large outbuildings/workshop and ample driveway parking.

*NO ONWARD CHAIN*

*VIEWING RECOMMENDED*

Every effort has been made to ensure the accuracy of this Sales Brochure; however, it is intended for general guidance only, and absolute accuracy cannot be guaranteed. If any aspect is of particular importance, professional verification is recommended. This Sales Brochure does not constitute, nor form part of, any contract. We are not qualified to verify the tenure of the property, and prospective purchasers should seek clarification from their solicitor. Any mention of appliances, fixtures, or fittings does not guarantee they are in working order. Photographs are for illustrative purposes only and do not imply that any items shown are included in the sale. All measurements provided are approximate.

Agent Details

Brian Pilkington, Leyland

01772 419243

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪