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Norfolk Road, Preston - Image 1
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Norfolk Road, Preston

North West

£120,000
Listed on 14/05/2026

Property Details

Bedrooms
3
Type
House

Description

This three-bedroom mid-terrace house located in the PR1 area of Preston offers a promising investment opportunity for those looking to refurbish a property in a central setting. The home features two reception rooms and a kitchen, both of which require modernisation. Upstairs, you will find three bedrooms along with a family bathroom that also presents potential for upgrades. Externally, there is a walled and gated yard at the rear, which could be transformed into a pleasant outdoor space. With the right vision and renovation efforts, this property could become an attractive residence or rental investment.

Investment Analysis

(PR1 area)
Area Average
£183/sq ft
Avg Rent (weekly)
£198
Avg Yield
6.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
62
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (PR1)

Area prices are falling by -3.6% over the last 12 months
3 year growth: +8.4%
5 year growth: +10.6%
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

Norfolk Road, Preston
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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
£428
Based on a loan of £90,000 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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