10 Rose Terrace, Preston Lancashire, PR2 1EB

Description

10 Rose Terrace, Ashton-on-Ribble, Preston, PR2 1EB

An outstanding development opportunity to acquire a substantial SEVEN BEDROOM PERIOD PROPERTY occupying a generous plot. The property has been stripped back to brick and requires a FULL RENOVATION AND REFURBISHMENT, offering an exciting opportunity for developers, investors and homebuyers to create a substantial residential dwelling.

Here are a some similar yet smaller properties taken from Land Registry sold close by highlighting the potential:

40 Victoria Parade, PR2 1DT Sold - 16/01/2026 5 bed semi 0.12 mi

Tenure / Property Information

Council Tax Band: E; Tenure: Freehold

Investment Analysis

HB analysis uses the supplied Edward Mellor scrape as the primary property source. Auctioneer facts are separated from HB desktop estimates; all figures should be verified before bidding.

Investment Snapshot

Market Comparables

No priced sold comparable was captured in the supplied scrape. Base GDV £335,000 is an HB desktop estimate because no priced sold comparable was captured in the supplied scrape; independent sold-evidence research is required before bidding.

Proposed Works

HB desktop works allowance: £30,000. Budget assumes a meaningful refurbishment programme: kitchens/bathrooms where required, decoration, flooring, repairs, compliance items and contingency. Structural or hidden defects are excluded.

Rental Value

The supplied scrape did not provide a reliable local rental benchmark. Obtain current letting-agent evidence before relying on a BTL yield.

Low / Base / High Investment Scenario

BTL Analysis

A defensible BTL yield cannot be calculated from the supplied scrape because a monthly rent was not established.

BRRR Analysis

Using a 75% refinance against the HB base GDV gives indicative refinance proceeds of £251,250. Against purchase plus works of £290,000, indicative cash left in is £38,750. Finance, tax, legal fees and lender valuation haircuts are excluded.

Flip Analysis

At the HB base GDV, after purchase plus works and an indicative 2% selling allowance, the pre-finance/pre-tax flip surplus is approximately £38,300. This is a screening figure, not a formal valuation.

Maximum Bid Indicator

HB Desktop Screening Ceiling: approximately £248,050. This is a desktop screening ceiling only, not a formal valuation or instruction to bid; SDLT, finance, legal fees and property-specific abnormal costs must be added separately.

Strategy Recommendation

Most relevant strategy: BTL / BRRR. The choice reflects the scraped condition/occupancy narrative, available rent evidence and the relationship between the starting bid, works allowance and HB base GDV.

Strategy Rating

BTL ★★☆☆☆; BRRR ★★★★☆; Flip ★★★☆☆

Key Risks

• refurbishment scope and cost overrun
• thin priced sold-comparable evidence in the supplied scrape
• rental value requires independent letting-agent verification

Analysis Confidence

Low-Medium. Confidence reflects the quality of the supplied listing information, embedded coordinates/images, and the amount of sold/rental evidence captured in the scrape.