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For sale
£950,000

Watery Lane, Ashton-On-Ribble, Preston, PR2 2NN

9bedrooms
7bathrooms
Ask agenttype
Freeholdtenure

Listed 15 Oct 2026 · Preston

How the price compares

This home£950,000
Median 9 bed in Preston£950k1 homes listed
Difference0%in line with the area

Key features

  • Substantial multi-unit investment portfolio encompassing over 5,800 sq ft across three commercial units and seven self-contained flats.
  • Prime mixed-use asset delivering a dependable, diversified, and robust rental revenue stream across ten distinct units.
  • Ground floor features three versatile, high-visibility commercial retail premises plus one quietly positioned residential flat to the rear.
  • Upper floors comprise three well-proportioned flats on the first floor and three additional flats on the second floor.
  • Residential apartments were converted to a high standard just over three years ago and remain in fantastic condition throughout.
  • Conversion works included a full back-to-brick upgrade featuring new internal walls, fresh plastering, doors, and contemporary floor coverings.
  • Completely rewired and refitted with modern consumer units, switches, sockets, and independent gas combi central heating systems in each flat.
  • Fully equipped with a comprehensive interconnected fire alarm system, providing outstanding safety standards and minimal capital expenditure.

About this home

Bradley Taylor Properties are delighted to present a substantial, freehold, multi-unit investment portfolio spanning over 5,800 sq ft across three ground-floor commercial premises and seven modern self-contained flats. Converted and comprehensively refurbished just over three years ago.

The portfolio commands a prominent street presence, comprising three versatile ground-floor retail units offering high visibility, steady footfall, and strong commercial covenant potential. The residential accommodation is thoughtfully arranged across three levels, featuring one flat quietly positioned to the rear of the ground floor, three flats on the first floor, and three further flats on the second floor. Every unit benefits from bright, efficient layouts designed to attract and retain quality, long-term tenants.

What sets this portfolio apart is the sheer scale and quality of the works undertaken during the conversion just over three years ago. The residential areas underwent a complete back-to-brick transformation, benefiting from brand-new internal walls, fresh plasterwork, full electrical rewiring, contemporary switches, sockets, and energy-efficient lighting. Each flat is independently serviced by its own dedicated modern gas combi boiler, brand-new radiators, and fresh central heating infrastructure, alongside new internal doors and hardwearing floor coverings throughout.

Safety and compliance have been prioritized to institutional standards, with a comprehensive, interconnected fire alarm system protecting the entire building. With independent utilities and heating systems keeping ongoing maintenance exceptionally low, this turnkey portfolio represents an outstanding, passive income-generating acquisition for seasoned property companies, private equity investors, or family offices seeking scale, security, and strong yield profile.

Property details

Property type
Ask agent
Council tax band
A
Tenure
Freehold

Floorplan

Flats Strand.jpg10 Watery Flats.jpg14 Watery Lane.jpg12 Watery Lane.jpg

Location

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  • Preston Station0.9 mi
  • Lostock Hall Station3.1 mi
  • Bamber Bridge Station3.6 mi

What nearby homes sold for

Median sold prices in PR2 over the last 12 months: semi-detached £208k · terraced £142k · detached £310k · flat £85k.

AddressTypeSoldPrice
50 Watery Lane
Preston PR2 1AX
Terraced
Freehold
26 Mar 2025£139,950

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in PR2

Buying costs

Monthly repayment£4,752£95,000 deposit · £855,000 loan
Stamp Duty£38,750England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Bradley Taylor Properties, Penwortham on Rightmove (original listing). First listed 15 Oct 2026; details checked 7 Nov 2026. Latest change: added on 15/10/2026.

Agent disclaimer

Disclaimer - Property reference 34997828. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Bradley Taylor Properties, Penwortham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.