2 Bed Bungalow, Refurb/BRRR, Preston, PR2 8LF, £110,000

Allengate, Fulwood, Preston, Lancashire, PR2 8LF - 2 views - a month ago

Auction
Refurb/BRRR
ROI: 3%
~68 m²
+5 photos

ValuationFair Value











Investment Opportunity



































Property History

Price changed to £110,000

March 8, 2025

Listed for £140,000

February 18, 2025

Description

  • 2 Bedrooms +
  • Huge Potential +
  • Sought After Location +
  • Driveway +
  • Living Room +
  • Kitchen +
  • Bathroom 1 +
  • Bathroom 2 +
  • Back Garden +
  • Single Garage +

Introducing for sale, a detached bungalow ripe with opportunity and enormous potential. This property, which is in need of renovation, could become the home of your dreams with a little tender loving care.

The property comprises of two spacious bedrooms, study, a reception room which is perfect for creating memorable family moments, and a kitchen ready for you to put your own stamp on. The two bathrooms complete the living accommodation, offering the essentials whilst awaiting transformation.

An added bonus to the property is the EPC rating of E, falling within council tax band D. This bungalow also boasts unique features including a cosy fireplace in the reception room that offers that much sought-after homely feel. There's ample parking available, and a single garage providing additional secure parking or storage space.

The garden is a blank canvas awaiting your green fingers to bring it to life. This property is nestled amongst green spaces, walking and cycling routes, making it an ideal location for those who value outdoor activities.

The location is a major highlight, situated in a sought after area, close to local amenities and within the vicinity of local schools. This makes it an ideal purchase for families, first-time buyers looking to climb onto the property ladder, or investors seeking a project with significant potential for return on investment.

This property offers a world of opportunity to create a home tailored to your taste. With renovation required, the end result could be a bespoke home, designed to cater to your every need. Don't miss out on this exciting opportunity.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £300.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

PRS250065/2

Agent Details

Reeds Rains, Preston

01772 283830

Next Steps?

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

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