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Green Drive, Preston, PR2 9

North West

£210,000
Listed on 06/04/2026

Property Details

Bedrooms
2
Type
Semi Detached Bungalow

Description

This true bungalow in Fulwood presents a unique opportunity for those looking to invest in a property with substantial renovation potential. Currently in need of comprehensive modernization, the home offers a versatile layout that used to feature three bedrooms, now reconfigured into a spacious dining area by removing one wall. The living room is generously sized and positioned at the front of the house, providing ample natural light. Two bedrooms remain, one with an adjoining sitting area that opens directly to the garden, while the main bedroom is equipped with extensive fitted wardrobes, maximizing storage space. The breakfast kitchen comes with an attached small garden room porch leading to an expansive and secluded garden. Additionally, there is a three-piece bathroom that includes both a bathtub and shower facilities. A significant advantage is the access to a large loft room via a pull-down ladder from the hallway, which holds considerable promise for further development. Outside, you will find a detached garage along with driveway parking, enhancing convenience. The property benefits from gas central heating, with a boiler replaced within the last four years. However, modernizing elements such as the kitchen and bathroom, updating carpets, and general cosmetic improvements are necessary to bring this bungalow up to contemporary standards. Past renovations on similar properties in this street have yielded exceptional results, indicating great potential for value enhancement through refurbishment. This offering comes chain-free and would be ideal for investors or buyers eager to embark on their next project.

Investment Analysis

(PR2 area)
Area Average
£210/sq ft
Avg Rent (weekly)
£216
Avg Yield
5.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
80
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (PR2)

Area prices are falling by -5.0% over the last 12 months
3 year growth: +4.5%
5 year growth: +14.4%
Investment Disclaimer: Analysis based on PR2 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

Green Drive, Preston, PR2 9
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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
£744
Based on a loan of £157,500 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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