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Moorhey Drive, Penwortham, Preston - Image 1
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Moorhey Drive, Penwortham, Preston

North West

£199,950
Listed on 30/03/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1247 sqft

Description

This semi-detached house, located in the desirable area of Higher Penwortham, presents an excellent opportunity for renovation enthusiasts or investors. The property features three bedrooms plus a versatile loft room, offering potential for expansion or reconfiguration. The ground floor includes a front lounge with a coal effect gas fire, a cozy second sitting room that opens to a conservatory, and a dining area adjacent to the kitchen. While the home is equipped with gas central heating and double glazing throughout, it requires updating to maximize its potential. The exterior boasts driveway parking and a detached garage suitable for storage needs. The rear garden is hard-landscaped and fully enclosed, providing both privacy and low-maintenance outdoor space. Situated within walking distance to Penwortham's vibrant high street filled with shops, cafes, dining options, and excellent schools in the vicinity adds to its appeal. Viewing is highly recommended to appreciate the property's scope for improvement and personalisation.

Investment Analysis

(PR1 area)

Below Market Value

This property is priced -12.5% below area average per sq ft

-12.5%
Potential saving
This Property
£160/sq ft
Area Average
£183/sq ft
Avg Rent (weekly)
£195
Avg Yield
6.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£251,364
10% above area average per sq ft
Potential ROI
+7.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
60
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (PR1)

Area prices are falling by -5.1% over the last 12 months
3 year growth: +6.1%
5 year growth: +8.8%
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

Moorhey Drive, Penwortham, Preston
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£708
Based on a loan of £149,962 over 30 years at 3.91% 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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