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Thornbank Drive, Catterall, Preston, PR3

North West

£235,000
Listed on 28/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
795 sqft

Description

This three-bedroom semi-detached house, located in the desirable area of Catterall in Preston, offers an exciting opportunity for those looking to invest in a property with significant potential for renovation and customization. The home boasts two reception rooms, a family bathroom, and three sizable bedrooms, providing a solid foundation for creating a modern family living space. While some updates are necessary, this allows the future owner to infuse their personal style into the home, transforming it into a tailor-made sanctuary. The generous plot size enhances the property’s appeal, presenting possibilities for expansion through extensions (subject to planning approval), thereby increasing its living space to accommodate growing needs. One of the key highlights is the expansive outdoor area; with large gardens defined by mature greenery and secure boundaries, it offers a tranquil retreat with ample options for landscaping or outdoor activities. Additionally, the property includes extensive driveway space leading to a detached garage, ensuring convenient off-road parking. The presence of several outbuildings equipped with electrics provides versatile storage or workspace options. Convenience is at your doorstep with local amenities nearby, including reputable primary schools and excellent transport links via the A6 that facilitate easy access to Preston city center and beyond. This vacant home is available with no onward chain, making it an attractive prospect for buyers eager to embark on a refurbishment journey in a prime location. A viewing is strongly encouraged to truly appreciate both the house's potential and its setting.

Investment Analysis

(PR3 area)

Above Market Value

This property is priced +14.4% above area average per sq ft

+14.4%
This Property
£296/sq ft
Area Average
£258/sq ft
Avg Rent (weekly)
£250
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£225,883
10% above area average per sq ft
Potential ROI
-17.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (PR3)

Area prices are falling by -4.5% over the last 12 months
3 year growth: -5.0%
5 year growth: +4.6%
Investment Disclaimer: Analysis based on PR3 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

Thornbank Drive, Catterall, Preston, PR3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£838
Based on a loan of £176,250 over 30 years at 3.97% 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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