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Abbotsway, Penwortham, Preston

North West

£539,950
Listed on 31/03/2026

Property Details

Bedrooms
5
Type
Detached

Description

Situated in the sought-after area of Higher Penwortham, this remarkable detached property presents an exceptional opportunity for renovation and investment. The home features five bedrooms and two bathrooms, complemented by various reception areas including a spacious lounge with bifold doors opening to the garden, a separate front lounge, and a formal dining room. Additionally, there is a versatile ground floor annexe - ideal for accommodating independent family members or as an income-generating space. The property boasts significant potential for expansion, with approved planning permission for a first-floor side extension over the garage which will add another ensuite bedroom. Furthermore, there are plans to convert the loft space into a master suite with a bathroom and walk-in wardrobe. The external areas include driveway parking and an enclosed rear garden; both of which could benefit from landscaping enhancements. Just a short walk from local amenities in Penwortham's vibrant high street, this property offers great accessibility to schools and transport links. With its spacious layout and promising development possibilities, it presents an outstanding investment for those looking to create their dream home or enhance its rental value.

Investment Analysis

(PR1 area)
Area Average
£183/sq ft
Avg Rent (weekly)
£195
Avg Yield
6.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £75,000
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

Abbotsway, Penwortham, Preston
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,912
Based on a loan of £404,962 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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