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Church Lane, Goosnargh, Preston

North West

£150,000

Listed on 15/06/2026

Property Details

Bedrooms
2
Type
Terraced
Area
1120 sqft

Description

This quaint 2-bedroom cottage presents a promising opportunity for those looking to invest in a rural retreat with significant renovation potential. Nestled in a serene setting surrounded by open fields, it combines the charm of countryside living with convenient access to local facilities. The property boasts a well-planned ground floor extension which enhances the kitchen space, offering delightful views over the garden and expansive fields. The separate lounge provides a warm and inviting area for leisure, while the upper level features two ample double bedrooms along with a three-piece bathroom. Furthermore, the loft room stands out as an attractive prospect for conversion into additional living space, pending appropriate planning approvals. Although the cottage requires cosmetic improvements, its inherent potential is considerable. Externally, there is off-road parking available for two vehicles and a picturesque rear aspect ideal for soaking up the tranquil surroundings. Notable elements include an extended kitchen, two spacious double bedrooms, off-road parking facilities, and scenic views of the countryside. This property not only offers immediate comfort but also invites creative renovation to unlock its full appeal.

Investment Analysis

(PR3 area)

Below Market Value

This property is priced -48.3% below area average per sq ft

-48.3%
Potential saving
This Property
£134/sq ft
Area Average
£259/sq ft
Avg Rent (weekly)
£250
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£319,334
10% above area average per sq ft
Potential ROI
+82.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (PR3)

Area prices are falling by -2.9% over the last 12 months
3 year growth: -3.0%
5 year growth: +7.3%
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

Church Lane, Goosnargh, Preston
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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
£567
Based on a loan of £112,500 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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