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Hoghton Lane, Higher Walton, Preston - Image 1
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Hoghton Lane, Higher Walton, Preston

North West

£160,000
Listed on 12/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
838 sqft

Description

This three-bedroom end-terraced home offers a solid foundation for those looking to invest and renovate in a desirable area on the outskirts of Preston Town Centre, specifically in the popular Hoghton neighborhood. The property presents a versatile layout, making it well-suited for both first-time buyers and those eager to put their personal touch on a home. Conveniently located, the house provides easy access to both Chorley and Preston town centers. Residents will benefit from excellent transport links via nearby motorways, as well as being in proximity to several highly regarded local schools, adding to its appeal for families. Entering through the side entrance brings you into a spacious hallway that connects the primary ground floor areas. The front of the house features an expansive L-shaped lounge and dining room, which is illuminated by two front-facing windows. A traditional fireplace enhances the character of this space, which offers ample room for relaxation and entertaining. The ground floor also includes a practical WC and a rear porch that can serve as a useful utility area, leading directly to the outdoor space. The kitchen/breakfast room provides a good amount of storage with its wall and base units and has sufficient space for freestanding appliances and dining options—ideal for casual family meals or gatherings. Upstairs, you'll find three bedrooms, including two comfortably sized doubles; the master bedroom is particularly spacious. An additional storage cupboard is available on the landing for convenience. A modern three-piece family shower room completes this level with its efficient use of space. The outdoor area is noteworthy with a large rear garden that features both patio and gravel sections, ensuring ease of maintenance while providing ample room for outdoor activities or seating arrangements. A substantial shed or cabin is equipped with electricity, offering excellent potential as additional storage or even as a workshop. The layout of the garden extends around the side of the property with gated access leading to a driveway at the front, which has ample space for two vehicles. Furthermore, the loft is fully boarded and includes pull-down ladder access along with electricity, increasing potential storage options significantly. This property embodies great investment potential in an attractive location—an opportunity not to be missed by those ready to make it their own.

Investment Analysis

(PR5 area)

Below Market Value

This property is priced -11.8% below area average per sq ft

-11.8%
Potential saving
This Property
£191/sq ft
Area Average
£217/sq ft
Avg Rent (weekly)
£224
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£199,616
10% above area average per sq ft
Potential ROI
-0.2%
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
22%
Properties sold annually

Local Market Trend (PR5)

Area prices are rising by +7.7% over the last 12 months
3 year growth: 7.9%
5 year growth: 23.5%
Investment Disclaimer: Analysis based on PR5 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

Hoghton Lane, Higher Walton, Preston
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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
£586
Based on a loan of £120,000 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