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Wellington Street, Preston

North West

£117,500
Listed on 17/12/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom mid-terrace property is situated in a sought-after area of Ashton-on-Ribble, presenting a solid investment or first-time buyer opportunity. Although the home requires some updates, its potential is significant, making it a great canvas for personalisation or value enhancement. The ground floor includes a spacious living room that flows into an open-plan kitchen and dining area, ideal for modern living. There's also under-stairs storage to optimise space. The first floor accommodates three well-proportioned bedrooms, perfect for family life or accommodating guests. The property features a three-piece bathroom suite with shower over the bath and an enclosed yard at the back, offering privacy and the chance to create an outdoor retreat with the existing artificial grass and wooden shed. Located close to local amenities, schools, and excellent transport links to Preston city centre, this home is ideally positioned for easy access to everything the area has to offer.

Investment Analysis

(PR1 area)
Area Average
£186/sq ft
Avg Rent (weekly)
£206
Avg Yield
6.9%

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
56
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (PR1)

Area prices are falling by -4.3% over the last 12 months
3 year growth: +6.9%
5 year growth: +14.0%
Investment Disclaimer: Analysis based on PR1 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

Wellington Street, Preston
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£424
Based on a loan of £88,125 over 30 years at 4.06% 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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