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School Lane, Lostock Hall, PR5

North West

£119,950

Listed on 17/02/2026

Property details

Bedrooms
2
Type
Terraced
Area
705 sqft

Description

This two-bedroom terraced house offers a significant opportunity for buyers interested in renovation and investment. Presented with no onward chain, the property showcases a sizeable lounge filled with natural light, providing an appealing starting point for creating a stylish living area. The open-plan layout on the ground floor links the lounge to the kitchen and dining space, making it versatile while also revealing ample potential for enhancements. Upstairs, you will find two generously sized double bedrooms that can easily accommodate various furnishings and storage options. The home includes a two-piece bathroom along with a separate W/C, allowing for flexible reconfiguration possibilities pending necessary consents. Given its spacious design and uncomplicated layout, this property is ideal for those wishing to inject their personal style or increase its value. Externally, there is both front and rear yard space that can serve functional outdoor purposes. Conveniently located near local amenities, schools, and transport links, this property appeals to first-time homeowners, families, and buy-to-let investors seeking to capitalize on its market potential. Overall, this residence requires comprehensive updating throughout but promises outstanding prospects for customization and value enhancement.

Investment analysis

(PR5 area)

Below Market Value

This property is priced -24.3% below area average per sq ft

-24.3%
Potential saving
This Property
£170/sq ft
Area Average
£225/sq ft
Avg Rent (weekly)
£231
Avg Yield
5.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£174,216
10% above area average per sq ft
Potential ROI
+8.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (PR5)

Area prices are stable by +0.5% over the last 12 months
3 year growth: +2.1%
5 year growth: +19.7%
Investment Disclaimer: Analysis based on PR5 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

School Lane, Lostock Hall, PR5
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£453
Based on a loan of £89,962 over 30 years at 4.45% 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.

Stamp duty calculator

Price History

-4.0% since listed
£119,950£5,000(-4.0%)
03/07/2026
Current price
£124,950Initial listing
19/02/2026

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