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Preston Street, Fleetwood, FY7 - Image 1
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Preston Street, Fleetwood, FY7 - Image 7

Preston Street, Fleetwood, FY7

North West

£65,000
Listed on 18/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
876 sqft

Description

This two-bedroom mid-terrace property in Fleetwood presents a compelling opportunity for investors or those looking to create their ideal home. Located conveniently near the promenade, schools, and transport links, this residence boasts two spacious double bedrooms and multiple reception areas. The ground floor features an entrance porch leading to a hallway with a staircase and access to the lounge and a versatile sitting/dining room, maximizing living space. The kitchen, while functional, could benefit from modernisation to enhance its appeal. Upstairs comprises two well-proportioned bedrooms and a family bathroom equipped with essential fittings. The outdoor space includes a manageable rear garden currently laid with artificial lawn. With tenants already in place, this property offers immediate rental income while presenting significant potential for refurbishment to increase both value and livability. Investing in updates such as kitchen upgrades, bathroom renovations, or general decor improvements could yield high returns in this sought-after area.

Investment Analysis

(FY7 area)

Below Market Value

This property is priced -49.4% below area average per sq ft

-49.4%
Potential saving
This Property
£74/sq ft
Area Average
£147/sq ft
Avg Rent (weekly)
£160
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£141,264
10% above area average per sq ft
Potential ROI
+57.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
47%
Properties sold annually

Local Market Trend (FY7)

Area prices are rising by +6.3% over the last 12 months
3 year growth: 4.9%
5 year growth: 19.5%
Investment Disclaimer: Analysis based on FY7 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Preston Street, Fleetwood, FY7
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£234
Based on a loan of £48,750 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE