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Higher Bank Road, Fulwood, Preston, PR2 8PD - Image 1
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Higher Bank Road, Fulwood, Preston, PR2 8PD

North West

£470,000
Listed on 31/12/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
2691 sqft

Description

This former Vergers Cottage and Church Meeting Rooms has been successfully transformed into a sizable residential property, presenting an excellent opportunity for investment or renovation in the sought-after Fulwood area. Set on a generous double plot, the home could potentially benefit from additional development, subject to obtaining planning permission. The ground floor features expansive living spaces, including a large open-plan kitchen and dining area with a central island, alongside a separate dining room, snug/study, utility room, and convenient WC. Access to the integral double garage is provided from the front of the house, which leads out to a well-sized rear garden. On the first floor, there are three spacious bedrooms, including a principal bedroom with an ensuite and a family bathroom. Additionally, there's a studio apartment accessible via internal stairs from the garage—ideal for guests or as an office space. The second floor offers another bedroom complete with fitted wardrobes. The exterior includes roadside parking options and a split-level rear garden featuring a stone-paved terrace that makes it suitable for outdoor entertaining. Fulwood is known for its vibrant community atmosphere and offers various local conveniences like pubs, restaurants, and recreational activities. It boasts excellent transport links with nearby access to major motorways (M6 & M55) and local amenities such as Fulwood Leisure Centre and scenic parks like Fulwood Park Wood. Educational institutions are plentiful, including Queens Drive Primary School and St Anthony’s Catholic Primary School. EPC Rating: E

Investment Analysis

(PR2 area)

Below Market Value

This property is priced -14.4% below area average per sq ft

-14.4%
Potential saving
This Property
£175/sq ft
Area Average
£204/sq ft
Avg Rent (weekly)
£226
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£603,860
10% above area average per sq ft
Potential ROI
+13.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
79
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (PR2)

Area prices are stable by 0.0% over the last 12 months
3 year growth: 6.7%
5 year growth: 19.4%
Investment Disclaimer: Analysis based on PR2 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

Higher Bank Road, Fulwood, Preston, PR2 8PD
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,722
Based on a loan of £352,500 over 30 years at 4.19% 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