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31 Lowndes Street, Preston, Lancashire, PR1 7XS - Image 1
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31 Lowndes Street, Preston, Lancashire, PR1 7XS

North West

£60,000

Listed on 09/06/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This two-bedroom mid-terrace property presents a significant opportunity for renovation and investment. Located in the accessible area of Plungington, the house features an enclosed rear yard that adds potential for outdoor living or garden space. The interior is in need of modernisation, allowing buyers to tailor updates to their own taste and preferences. While the home is currently vacant, it is well-positioned near local amenities on Eldon Street and Plungington Road, with further services available just over a mile away in Preston city centre. Recreational parks like Moor Park are also within easy reach, enhancing the appeal of this location for families or tenants. Overall, this property offers a blank canvas for investors looking to improve and increase value in a sought-after locale.

Investment Analysis

(PR1 area)
Area Average
£187/sq ft
Avg Rent (weekly)
£206
Avg Yield
6.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
59
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (PR1)

Area prices are falling by -2.2% over the last 12 months
3 year growth: +10.1%
5 year growth: +13.2%
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

31 Lowndes Street, Preston, Lancashire, PR1 7XS
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£227
Based on a loan of £45,000 over 30 years at 4.45% 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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