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Rosewood, Inglewhite Road, Longridge, Lancs, PR3 - Image 1
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Rosewood, Inglewhite Road, Longridge, Lancs, PR3

North West

£450,000
Listed on 01/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
2091 sqft

Description

Nestled in a tranquil residential area, this detached three-bedroom bungalow presents an excellent opportunity for renovation and investment. The property is set back from the road on a spacious plot, offering privacy and expansive outdoor space with mature gardens at the rear. This makes it an ideal candidate for those looking to create a serene home while being conveniently located near the amenities of Longridge. The interior features a welcoming entrance hall that leads into two well-sized reception rooms, including one with a dedicated dining area, perfect for gatherings. The kitchen breakfast room provides ample space for casual dining and day-to-day activities. Each of the three generously sized double bedrooms comes equipped with its own en-suite bathroom, ensuring comfort for residents and visitors alike. While the bungalow currently requires some modernization, it offers substantial potential for buyers to enhance its appeal and value. Outside, the property boasts a large driveway accommodating multiple vehicles and beautifully maintained rear gardens embellished with both planted areas and lawns. With no chain involved, this property allows for a straightforward acquisition process. Located just moments away from Longridge, residents enjoy the benefit of countryside serenity alongside access to local shops, schools, restaurants, and essential services along with excellent transport links to Preston and the broader Ribble Valley.

Investment Analysis

(PR3 area)

Below Market Value

This property is priced -16.1% below area average per sq ft

-16.1%
Potential saving
This Property
£215/sq ft
Area Average
£257/sq ft
Avg Rent (weekly)
£250
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£590,091
10% above area average per sq ft
Potential ROI
+18.0%
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

Rosewood, Inglewhite Road, Longridge, Lancs, 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
£1,648
Based on a loan of £337,500 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