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Preston Road, Ribchester, Ribble Valley - Image 1
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Preston Road, Ribchester, Ribble Valley

North West

£475,000
Listed on 07/03/2026

Property Details

Bedrooms
5
Type
Detached house
Area
1903 sqft

Description

This expansive five-bedroom detached dormer bungalow is located in the charming village of Ribchester, set on a substantial plot that boasts large gardens and panoramic views of Pendle Hill. While the property is in need of comprehensive modernization, it offers a unique opportunity for investors or homeowners looking to transform it into a stunning family residence in a highly desirable area. <br><br>Upon entry, the spacious hallway opens up to various living spaces. The generous living room is designed for comfort and gatherings, featuring large windows that invite an abundance of natural light. Adjacent lies the dining area, which connects conveniently to a conservatory that captures breathtaking views over the garden and surrounding landscape—ideal for relaxation or entertaining.<br><br>The kitchen, sizable and functional, has existing base and eye-level units with integrated appliances but also provides excellent potential to be reconfigured into a modern open-plan layout by integrating it with the dining room. Additionally, a separate utility room enhances practicality with extra storage and laundry options while offering access to the integral garage.<br><br>On the ground floor are two well-sized bedrooms suitable for various uses such as guest rooms or workspaces, complemented by a family bathroom featuring essential amenities. Ascending to the first floor reveals an impressive double bedroom with exceptional views and fitted storage, along with opportunities for further development in the eaves area to create additional living space.<br><br>The expansive rear garden stands out as a major asset, complete with lush lawns, mature borders, paved pathways, storage sheds, and a tranquil raised pond area. This picturesque setting pairs elegantly with its privacy provided by conifers towards the boundary.<br><br>To the front of the home lies ample off-road parking alongside an integral garage. Gated access grants easy entry to the rear garden.<br><br>Located centrally in Ribchester, residents benefit from peaceful surroundings yet remain close to local amenities, quality schools, and scenic walking routes. With its significant renovation potential, this property represents an exciting venture for those eager to customize their dream home.

Investment Analysis

(PR3 area)

Below Market Value

This property is priced -3.3% below area average per sq ft

-3.3%
Potential saving
This Property
£250/sq ft
Area Average
£258/sq ft
Avg Rent (weekly)
£259
Avg Yield
4.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£540,281
10% above area average per sq ft
Potential ROI
-4.4%
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
20%
Properties sold annually

Local Market Trend (PR3)

Area prices are falling by -4.2% over the last 12 months
3 year growth: -5.3%
5 year growth: +8.0%
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

Preston Road, Ribchester, Ribble Valley
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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
£1,713
Based on a loan of £356,250 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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