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66 Wellfield Road, Preston, Lancashire, PR1 8SP - Image 1
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66 Wellfield Road, Preston, Lancashire, PR1 8SP

North West

£45,000
Listed on 13/02/2026

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom mid-terrace house presents a solid investment opportunity in Preston. While the property is currently vacant and requires modernisation, its existing layout offers a promising foundation for renovation. The enclosed rear yard adds potential for outdoor space enhancement. Located conveniently near transport links and local amenities, this home is set within a vibrant area, making it ideal for both rental prospects and personal residence. With some thoughtful updates, this property could become a charming residence or a lucrative addition to your portfolio.

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 - £40,000
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

66 Wellfield Road, Preston, Lancashire, PR1 8SP
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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
£162
Based on a loan of £33,750 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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