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Deepdale Road, Preston

North West

£70,000
Listed on 15/01/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
1006 sqft

Description

This terraced property in the centre of Preston offers a promising canvas for renovation enthusiasts and investors. With close proximity to the M6 motorway, commuting to various locations is hassle-free, complemented by nearby amenities and public transport options. The home features a layout that includes a welcoming entrance hall leading to a spacious lounge with a traditional fireplace and a bright dining area. The rear kitchen provides ample space for freestanding appliances and access to a garden room, which could serve as a utility area. On the first floor, you'll find three bedrooms, including a versatile smaller room perfect for an office or study, along with a family bathroom. Externally, the property presents residential permit parking at the front and an enclosed rear yard that requires minimal upkeep. Overall, this home represents an excellent investment opportunity for those looking to realise its full potential through renovation.

Investment Analysis

(PR1 area)

Below Market Value

This property is priced -63.1% below area average per sq ft

-63.1%
Potential saving
This Property
£70/sq ft
Area Average
£189/sq ft
Avg Rent (weekly)
£215
Avg Yield
6.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£208,926
10% above area average per sq ft
Potential ROI
+99.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
56
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (PR1)

Area prices are falling by +5.1% over the last 12 months
3 year growth: 5.7%
5 year growth: 15.3%
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

Deepdale Road, 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
£256
Based on a loan of £52,500 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