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Bridge Street, Higher Walton, Preston

North West

£129,950
Listed on 24/09/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
773 sqft

Description

Presenting a three-bedroom mid-terrace property located in the desirable village of Higher Walton, Lancashire. This home is characterized by its spacious layout and high ceilings, offering an inviting canvas for those interested in making renovations or enhancements that reflect their personal style. The property is well-positioned within a community that provides a range of local amenities, including shops, schools, and dining options, all conveniently accessible. Commuters will appreciate the excellent transport links to the M6 and M65 motorways as well as bus services connecting to nearby towns and Preston city center. Additionally, the proximity to scenic countryside walks along the River Darwen adds to the appeal of this location for those who enjoy outdoor activities. Upon entering the home, you'll find a welcoming porch that leads into a generously sized lounge. The room is filled with natural light and features tall ceilings complemented by a charming log burner, providing both warmth and character. Adjacent to the lounge is a spacious kitchen with ample countertop space and cabinets, ideal for family life. This area also offers practical storage solutions with an understairs cupboard and access to a utility/workshop space that enhances functionality. The first floor comprises three well-sized bedrooms, including a master bedroom with an attractive decorative fireplace adding unique charm. The other two bedrooms are versatile spaces suitable for children, guests, or even a home office setup. Completing this level is a family bathroom that provides necessary convenience and loft access contributing to additional storage opportunities. Outside, on-road parking is available at the front of the property. The rear features a low-maintenance concrete yard that serves as private outdoor space—ideal for small gatherings or relaxing in the fresh air. This property presents not just an opportunity for first-time buyers but also significant investment potential. With some modern updates and personal touches, there is considerable scope for enhancing living spaces while increasing overall value in this sought-after village setting.

Investment Analysis

(PR5 area)

Below Market Value

This property is priced -22.4% below area average per sq ft

-22.4%
Potential saving
This Property
£168/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
£184,132
10% above area average per sq ft
Potential ROI
+8.3%
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

Bridge Street, 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
£476
Based on a loan of £97,462 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