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Higher Road, Longridge, Preston, Lancashire, PR3 - Image 1
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Higher Road, Longridge, Preston, Lancashire, PR3

North West

£132,000
Listed on 24/01/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
1275 sqft

Description

This three-bedroom cottage, nestled in the heart of Longridge on Higher Road, presents a unique opportunity for renovation enthusiasts and investors looking to create their dream home. The property is rich in character and retains many original features, but is in need of comprehensive modernisation throughout, making it an appealing project for those wishing to add personal touches. The ground floor layout includes a cosy living area and a kitchen with a small single-storey extension that offers potential for redesign or expansion. Upstairs, you will find three bedrooms along with a family bathroom that serve as a solid base for transformation into a contemporary living space. The generous garden area outside provides ample room for landscaping or establishing an outdoor sanctuary. Located conveniently close to local shopping facilities, schools, and picturesque countryside walks, this cottage offers a rare chance to breathe new life into a character-filled property in a desirable location.

Investment Analysis

(PR3 area)

Below Market Value

This property is priced -60.2% below area average per sq ft

-60.2%
Potential saving
This Property
£104/sq ft
Area Average
£260/sq ft
Avg Rent (weekly)
£256
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£364,440
10% above area average per sq ft
Potential ROI
+100.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (PR3)

Area prices are falling by -2.8% over the last 12 months
3 year growth: -4.0%
5 year growth: +8.9%
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

Higher Road, Longridge, Preston, Lancashire, PR3
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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
£476
Based on a loan of £99,000 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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