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Lowndes Street,Preston,PR1 7XT

North West

£140,000

Listed on 29/06/2026

Property details

Bedrooms
3
Type
Terraced
Area
1061 sqft

Description

This three-bedroom terraced property, located in a well-established area of Preston, presents a valuable opportunity for those looking to embark on a renovation journey. With no chain involved, potential buyers can quickly begin transforming this home to reflect their personal style. The property is conveniently situated near local amenities and community facilities, making it an excellent option for families or investors alike. Upon entering the home, you will find two generously sized reception rooms that offer flexibility in layout and design—ideal spaces for both relaxation and entertaining guests. The extended kitchen spans the width of the house, providing ample room for a family dining table and further customization. Moving to the first floor, there are three comfortable bedrooms: two spacious doubles and a sizable single. These versatile rooms can cater to various needs—from accommodating a growing family to serving as a home office or guest quarters. A family bathroom awaits modern upgrades, offering yet another chance to enhance this property's value. While the interior does require modernization throughout, its robust structure and advantageous location make it a compelling choice for anyone eager to invest in a project with significant potential. Situated within the PR1 postcode area, residents will enjoy easy access to shops, schools, and public transport links, adding to the overall appeal of this property. With its combination of charm and renovation possibilities, this listing offers great prospects for future value enhancement in a sought-after locale.

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Investment analysis

(PR1 area)

Below Market Value

This property is priced -31.0% below area average per sq ft

-31.0%
Potential saving
This Property
£132/sq ft
Area Average
£191/sq ft
Avg Rent (weekly)
£206
Avg Yield
6.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£223,091
10% above area average per sq ft
Potential ROI
+27.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
50
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (PR1)

Area prices are stable by -1.7% over the last 12 months
3 year growth: +9.9%
5 year growth: +14.1%
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

Lowndes Street,Preston,PR1 7XT
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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
£529
Based on a loan of £105,000 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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