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Goosnargh Lane, Goosnargh, Preston, PR3 - Image 1
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Goosnargh Lane, Goosnargh, Preston, PR3

North West

£650,000
Listed on 01/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2917 sqft

Description

This traditional farmhouse in Lancashire spans over 3.5 acres and boasts stunning views of the surrounding countryside. The property has been untouched for over 45 years, presenting a significant opportunity for a complete renovation, making it an ideal project for those looking to create a custom rural retreat. With its attractive exterior and expansive grounds, this home has all the potential to be transformed into a desirable residence. Nestled within private land with no immediate neighbors, it maintains a serene atmosphere while still being conveniently located near the amenities of Goosnargh, Broughton, Longridge, and Garstang. The accommodation includes a porch, entrance hall, living room, dining room, lounge, kitchen with dining area, separate utility space, home office, ground floor shower room, cloakroom/W.C., four bedrooms, an upstairs study, and three family bathrooms. Outdoors features a tarmac driveway leading to a detached garage and various outbuildings set amid expansive lawns surrounded by hedges and fencing. With its freehold status and existing utilities such as electricity and mains water connected, this property is poised for transformation into a splendid family home.

Investment Analysis

(PR3 area)

Below Market Value

This property is priced -13.1% below area average per sq ft

-13.1%
Potential saving
This Property
£223/sq ft
Area Average
£257/sq ft
Avg Rent (weekly)
£250
Avg Yield
4.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£823,192
10% above area average per sq ft
Potential ROI
+2.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (PR3)

Area prices are stable by +1.2% over the last 12 months
3 year growth: -2.4%
5 year growth: 10.2%
Investment Disclaimer: Analysis based on PR3 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

Goosnargh Lane, Goosnargh, Preston, PR3
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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
£2,381
Based on a loan of £487,500 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