PR1 8NE - 3 bed terraced renovation opportunity in Preston, PR1 8NE

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3 bedroom terraced house for sale in Slade Street, Preston, Lancashire, PR1

Summary - 22, Slade Street PR1 8NE

3 bed 1 bath Terraced

Chain-free three-bed terrace close to Preston city centre — ideal for investor renovation..
Chain free and sold via Modern Method of Auction
Three bedrooms, approx. 780 sq ft — small-to-average room sizes
Requires full refurbishment; dated fixtures and worn decoration
Buyer pays 4.5% Reservation Fee (min £6,600) plus £349 Buyer Pack
Double glazing and mains gas boiler with radiators in place
Very large plot potential; rear yard predominantly paved
Very deprived area with high local crime — consider location risks
Tenure not specified — buyer to verify legal title
A compact three-bedroom mid-terraced house in Preston offered chain-free and sold via the Modern Method of Auction. The property is suited to an investor or buyer comfortable with renovation — internal finishes are dated and the home requires full modernisation throughout. Practical positives include double glazing, mains gas central heating and fast broadband, with the city centre within walking distance.

Buyers should be aware this sale uses the Modern Method of Auction. Successful purchasers pay a non-refundable Reservation Fee (4.5% of the purchase price, minimum £6,600) and a Buyer Information Pack fee (£349). Completion is required within 56 days; consider mortgage lender guidance and review the Buyer Information Pack before bidding.

Externally there is a front area and enclosed rear yard/garden currently described as predominantly paved, offering scope for landscaping or light extension subject to checks. The plot is noted as very large, presenting potential to add value with external improvement or reconfiguration. Internal room sizes are small-to-average (approximately 780 sq ft total) and the property will suit those planning to renovate for rental or resale.

Material negatives to factor into any offer: the property sits in a very deprived area with high local crime levels, and tenure is not specified. Decorative condition and fixtures are worn and dated; a buyer should budget for refurbishment, possible electrical or mechanical checks, and factor auction fees into overall purchase costs.

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