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Smith Street, Prescot - Image 1

Smith Street, Prescot

North West

£80,000
Listed on 02/01/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
797 sqft

Description

This two-bedroom house, situated in a well-established residential neighborhood of Prescot, presents a compelling opportunity for investors and buyers looking for a renovation project. The property features a practical layout that includes an entrance hall, lounge, kitchen, two bedrooms, and a bathroom, complemented by a rear yard. With the potential for significant improvements and modernization, this home allows for value enhancement through thoughtful upgrades. It is conveniently located close to local amenities, schools, public transport options, and major road links. Please note that this property is available only to cash buyers due to identified structural issues, therefore thorough inspections are highly recommended before any commitments are made.

Investment Analysis

(L34 area)

Below Market Value

This property is priced -58.1% below area average per sq ft

-58.1%
Potential saving
This Property
£100/sq ft
Area Average
£240/sq ft
Avg Rent (weekly)
£249
Avg Yield
4.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£210,233
10% above area average per sq ft
Potential ROI
+61.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
131%
Properties sold annually

Local Market Trend (L34)

Area prices are falling by -16.0% over the last 12 months
3 year growth: -10.5%
5 year growth: +3.5%
Investment Disclaimer: Analysis based on L34 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

Smith Street, Prescot
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£289
Based on a loan of £60,000 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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