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Sowerby Road, Sowerby, Preston

North West

£175,000
Listed on 04/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom property is located in the desirable Sowerby area, presenting a promising opportunity for renovation and investment. The layout includes a spacious lounge and a separate kitchen that could benefit from modern updates, allowing potential buyers to infuse their personal style and preferences into the home. Each of the three bedrooms is well-sized, providing ample space for family living or guest accommodations. The property also features a utility room and a convenient WC on the ground floor, adding to its functionality. A standout aspect of this home is the generous rear garden, which offers plenty of outdoor space for recreation or gardening projects, making it great for families or those looking to enhance their outdoor living area. Situated in a tranquil neighborhood surrounded by scenic countryside, this property strikes a balance between serene living and accessibility to local amenities and transport links. This combination makes it an attractive option for both homeowners seeking to create their dream residence and investors looking to capitalize on the area's growth potential. Please be aware that there is an existing septic tank on the property; potential buyers are encouraged to conduct an independent survey to verify compliance with current regulations.

Investment Analysis

(PR3 area)
Area Average
£257/sq ft
Avg Rent (weekly)
£250
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
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

Sowerby Road, Sowerby, Preston
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£641
Based on a loan of £131,250 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