Summary - 108, Villiers Street, PRESTON PR1 7PB
3 bed 1 bath Terraced
Central city fixer-upper near station, strong rental potential after refurbishment.
Freehold Victorian mid-terrace with period façade and sash windows
Requires full modernisation throughout; water damage and peeling finishes noted
Three bedrooms across two floors; single bathroom (not fitted)
Very small overall size (665 sq ft) and very small rear yard
Mains gas boiler and radiators; double glazing fitted post-2002
EPC D; Council Tax Band A keeps running costs low
Located near Preston station, city centre amenities, fast broadband
High local crime and high area deprivation; auction sale includes buyer’s fee
A 3-bedroom mid-terraced Victorian house offered Freehold and sold at auction. Priced to reflect its condition, the property requires full modernisation but offers clear potential for a buy-to-let or refurbished family home close to Preston city centre and the train station. Vacant possession simplifies handover for an investor or hands-on purchaser.
Key practical strengths include mains gas central heating, double glazing installed since 2002, fast broadband and excellent mobile signal — all useful for renting quickly. The house sits on a very small plot with a rear yard and retains period sash windows and brick façade, which provide character that can be revealed with sympathetic renovation. EPC rating D and Council Tax band A keep immediate running costs modest.
Material drawbacks are significant and priced accordingly: the property needs renovation throughout (water damage and peeling coverings noted), solid uninsulated walls, only one bathroom (not fitted), and a very small overall footprint (665 sq ft). The neighbourhood is classified as a cosmopolitan student area with high private renting turnover, very high crime levels and high area deprivation — factors that will affect tenant type, rental income and resale. The sale is by online auction with a buyer’s fee and possible additional completion charges; view legal pack before bidding.
This is best for experienced investors, landlords or DIY buyers who can budget for structural and cosmetic works, plan insulation upgrades, and target short-term letting or long-term rental in a central location. For family home buyers seeking move-in readiness, this property will require substantial time and capital to reach that standard.
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