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Garstang Road, Pilling, PR3

North West

£210,000
Listed on 04/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
652 sqft

Description

This charming bungalow offers an excellent opportunity for buyers looking to invest in a property with substantial renovation potential. Nestled on a generously sized plot, the home provides picturesque views that enhance its appeal and create a peaceful setting for future residents. The interior of the bungalow is ready for transformation, having been almost entirely stripped back to its essentials. This means you can start your renovation project without delay, allowing you to craft a living space tailored to your preferences. The property features quality UPVC double glazing throughout, ensuring energy efficiency and comfort for the long term. Upon entry, you are welcomed by a spacious hallway that facilitates easy access to all areas of the home. The lounge is designed to be bright and inviting, featuring a large bay window that not only brings in natural light but also frames lovely outdoor views. There are two sizable bedrooms, each offering unique characteristics; the main bedroom includes an elegant curved bay window, while the second bedroom overlooks the tranquil rear garden—a perfect retreat from daily life. The kitchen is positioned at the rear of the home and benefits from ample natural light and direct access to the garden—ideal for outdoor dining or entertaining. The bathroom completes this area of the house, providing functional space that can be updated as part of your renovation plans. Externally, there is off-road parking for up to three vehicles, enhancing convenience for residents and guests alike. The low-maintenance front yard allows homeowners to enjoy their surroundings without extensive upkeep demands. A side access point leads you through to a spacious rear garden marked by mature trees and inviting patio areas—perfectly suited for both relaxation and social gatherings. Moreover, this property presents exciting possibilities for extensions or further development, making it ideal for those looking to personalize their living space or increase property value over time. With its combination of serene surroundings and abundant potential for enhancement, this bungalow represents an attractive investment opportunity in a sought-after location.

Investment Analysis

(PR3 area)

Above Market Value

This property is priced +25.5% above area average per sq ft

+25.5%
This Property
£322/sq ft
Area Average
£257/sq ft
Avg Rent (weekly)
£250
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£183,998
10% above area average per sq ft
Potential ROI
-26.4%
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

Garstang Road, Pilling, 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
£769
Based on a loan of £157,500 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