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Houldsworth Road, Preston, Lancashire

North West

£160,000
Listed on 15/02/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
899 sqft

Description

This three-bedroom mid-terrace property in Preston is a promising opportunity for those looking to invest or create a comfortable home through renovation. The house, which is currently vacant, offers a versatile layout spread over two floors and is primed for personalisation. With ample living space, including a bright lounge and a dining room with views to the rear, this property has significant potential for modernisation. An adjoining kitchen leads to a rear porch that can serve as additional storage or even a utility area. Upstairs, you'll find two spacious double bedrooms alongside a third smaller room that could function as an office or children's room. The family bathroom is conveniently located off the landing, making it accessible from all rooms. Situated in Preston, this home benefits from excellent transport links and close proximity to essential amenities and schools. Local primary and secondary institutions are known for their quality education. Furthermore, the accessibility to the M6 and M55 motorways along with nearby public transport options adds to the convenience of commuting or exploring surrounding areas. This property represents a blank canvas for buyers keen on investing their creativity and capital into crafting their ideal living space.

Investment Analysis

(PR2 area)

Below Market Value

This property is priced -14.8% below area average per sq ft

-14.8%
Potential saving
This Property
£178/sq ft
Area Average
£209/sq ft
Avg Rent (weekly)
£212
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£206,532
10% above area average per sq ft
Potential ROI
+3.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
80
Average per month
Market Turnover
43%
Properties sold annually

Local Market Trend (PR2)

Area prices are falling by -2.9% over the last 12 months
3 year growth: +5.1%
5 year growth: +18.1%
Investment Disclaimer: Analysis based on PR2 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

Houldsworth Road, Preston, Lancashire
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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
£577
Based on a loan of £120,000 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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