Worst House on the Street Logo
Petre Wood Crescent, Langho, Ribble Valley - Image 1
Petre Wood Crescent, Langho, Ribble Valley - Image 2
Petre Wood Crescent, Langho, Ribble Valley - Image 3
Petre Wood Crescent, Langho, Ribble Valley - Image 4
Petre Wood Crescent, Langho, Ribble Valley - Image 5

Petre Wood Crescent, Langho, Ribble Valley

West Midlands

£180,000
Listed on 14/05/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1238 sqft

Description

This semi-detached home, located in the desirable Petre Estate on the outskirts of Langho, presents a unique opportunity for renovation and investment. With three bedrooms and ample living space, the property is primed for transformation and personalization. The ground floor features an entrance hallway leading to a lounge, a convenient W.C., and a spacious dining kitchen that offers potential for modernization and expanded functionality. Upstairs, you’ll find a master bedroom with an en-suite shower room, as well as two additional bedrooms that can be tailored to suit your needs. A family bathroom completes the first floor layout. Outside, the property boasts an enclosed rear garden with patio paving and established lawn, providing a private outdoor space that can be enhanced further. The front of the house features a brick-paved driveway capable of accommodating one to two vehicles. Situated within walking distance to well-regarded primary schools like St Leonards and St Mary’s, along with St Augustine’s Secondary School, this home's location is ideal for families seeking educational accessibility. Its proximity to the A59 ensures easy commutes to larger towns including Clitheroe, Blackburn, and even Manchester. Importantly, this property is being offered with no onward chain, facilitating a smoother transition for prospective buyers looking to invest in an area with growth potential. Note that there are Section 106 Agreement Restrictions in place that must be adhered to according to RVBC regulations, making this an essential aspect to consider during any renovation plans.

Investment Analysis

(BB6 area)

Below Market Value

This property is priced -27.0% below area average per sq ft

-27.0%
Potential saving
This Property
£145/sq ft
Area Average
£199/sq ft
Avg Rent (weekly)
£154
Avg Yield
3.8%

Renovation Potential

Est. Renovation Cost
£18,000 - £45,000
10-25% of property value
Target Value
£271,134
10% above area average per sq ft
Potential ROI
+20.5%
After renovation
Monthly Sales
11
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (BB6)

Area prices are stable by +2.0% over the last 12 months
3 year growth: 10.8%
5 year growth: 24.9%
Investment Disclaimer: Analysis based on BB6 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Petre Wood Crescent, Langho, Ribble Valley
Map showing location of Petre Wood Crescent, Langho, Ribble Valley
Open Map