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Charnley Close, Penwortham, Preston, Lancashire

North West

£195,000
Listed on 08/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1247 sqft

Description

This spacious three-bedroom residence located in a sought-after area of Preston presents a unique opportunity for modernization and investment. The home features a large lounge that serves as an inviting main living area, alongside a kitchen/diner with the potential for reconfiguration to meet contemporary standards. A conservatory enhances the property's usable space, perfect for creating a bright family room or additional dining area. A convenient ground floor wet room further broadens its practicality. Upstairs, you will find three well-sized bedrooms, including two generous doubles, complemented by a family bathroom and separate WC, ideal for families seeking functionality. The overall layout provides ample scope for personalization over time. Externally, the property includes a front garden and driveway leading to a detached garage, offering off-road parking and extra storage. The rear garden is designed with both lawn and established planting, creating an inviting outdoor space that could benefit from further landscaping. Situated within close proximity to local schools, amenities, and strong transport links—including easy access to major roadways and Preston railway station—this property stands out not only due to its spaciousness but also because of the potential it holds for buyers looking to invest in their future. Overall, this home is well-positioned in a community-focused neighborhood that remains attractive to discerning buyers.

Investment Analysis

(PR1 area)

Below Market Value

This property is priced -14.7% below area average per sq ft

-14.7%
Potential saving
This Property
£156/sq ft
Area Average
£183/sq ft
Avg Rent (weekly)
£195
Avg Yield
6.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
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

Charnley Close, Penwortham, Preston, Lancashire
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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
£691
Based on a loan of £146,250 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.

Stamp Duty Calculator

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