**Standout Features:**
- Ten-bedroom townhouse potential with current pub conversion
- Spacious site of approximately 0.494 acres near the city center
- Future development opportunity (residential apartments, restaurant, Fisherman's Lodge)
- Proximity to University of Preston, shopping, bars, and restaurants
**Notable Concerns:**
- Property is boarded up and requires significant renovation
- Current conditions show overgrown gardens and a derelict structure
- High crime rates in the area and slow broadband speeds
Envision the possibilities with this unique ten-bedroom townhouse situated in the lively Preston area. Once the Shaws Arms pub, this partially completed conversion offers an exciting investment opportunity amidst rising demand for residential accommodations, particularly appealing to university students and young professionals. With approximately 0.494 acres of land, there's the potential to create a remarkable restaurant overlooking the River Ribble, develop several residential apartments, or even construct a charming Fisherman's Lodge (subject to planning permission).
However, potential buyers should note that the property requires extensive renovation and currently presents a neglected exterior, with overgrown gardens and a boarded up structure. While the location is vibrant and central, it's essential to be aware of the area's high crime rate and slower broadband speeds. This property represents not just a home, but an opportunity to contribute positively to a community while crafting a personalized living experience. Seize the moment to transform this hidden treasure into a thriving residence or commercial space!
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