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Sherbourne Lodge, Preston, Ribbleton, PR2 - Image 1
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Sherbourne Lodge, Preston, Ribbleton, PR2 - Image 3
Sherbourne Lodge, Preston, Ribbleton, PR2 - Image 4
Sherbourne Lodge, Preston, Ribbleton, PR2 - Image 5
Sherbourne Lodge, Preston, Ribbleton, PR2 - Image 6
Sherbourne Lodge, Preston, Ribbleton, PR2 - Image 7

Sherbourne Lodge, Preston, Ribbleton, PR2

North West

£45,000
Listed on 25/04/2026

Property Details

Bedrooms
1
Type
Apartment

Description

This one-bedroom apartment located in Sherbourne Lodge presents an appealing opportunity for first-time buyers or those seeking a more manageable living space. The property is primed for personalisation and improvement, allowing the new owner to infuse their style and preferences into the home. With electric heating systems in place and no gas supply, the flat offers a straightforward approach to contemporary living. Nestled within a well-maintained residential development, this apartment benefits from generous parking options for both residents and visitors, enhancing daily convenience. Its solid layout forms a blank canvas for renovations, giving buyers the chance to add value and tailor their environment. This property is not just about affordability—it’s also about potential, making it an excellent choice for anyone looking to invest in a space that they can truly call their own.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£8,000 - £15,000
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

Sherbourne Lodge, Preston, Ribbleton, PR2
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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
£159
Based on a loan of £33,750 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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