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Bankhead Lane, Hoghton, Preston, Lancashire, PR5

North West

£170,000
Listed on 17/04/2026

Property Details

Bedrooms
3
Type
Bungalow

Description

This three-bedroom semi-detached bungalow in the desirable village of Hoghton offers a promising renovation project for both investors and families. The property requires significant updates, providing an excellent opportunity to tailor it to personal preferences or modern living standards. Inside, the layout comprises two reception rooms, including a main lounge with a charming fireplace and a large picture window that fills the space with light. A second reception room overlooks the garden, making it a pleasant spot for relaxation. The kitchen includes a breakfast area, ideal for informal dining, while three double bedrooms offer versatile accommodation options. The property also features a bathroom along with practical external amenities such as parking and a single garage. Set in the scenic surroundings of Hoghton, residents can enjoy village walks and easy access to local amenities and schools, making it particularly suitable for families. This location benefits from good transport links to nearby towns like Preston and Blackburn, enhancing its appeal for commuters. Given its auction status, this property presents a unique opportunity for buyers seeking a project in a sought-after community setting.

Investment Analysis

(PR5 area)
Area Average
£223/sq ft
Avg Rent (weekly)
£209
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
54
Average per month
Market Turnover
33%
Properties sold annually

Local Market Trend (PR5)

Area prices are rising by +2.4% over the last 12 months
3 year growth: +3.8%
5 year growth: +22.4%
Investment Disclaimer: Analysis based on PR5 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

Bankhead Lane, Hoghton, Preston, Lancashire, PR5
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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
£602
Based on a loan of £127,500 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.

Stamp Duty Calculator

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