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St. Chads Road, Preston, PR1

North West

£109,995

Listed on 30/06/2026

Property details

Bedrooms
2
Type
Terraced
Area
694 sqft

Description

This two-bedroom mid-terrace home in a popular Preston neighborhood presents a compelling opportunity for renovation enthusiasts and investors. Offering approximately 694 sq ft of living space across two levels, the layout includes a spacious lounge, a kitchen/dining area, two bedrooms, and a first-floor shower room. The enclosed rear yard provides additional storage potential with an outbuilding that could be transformed into a useful feature. Positioned with great access to local amenities and transport links, this property is ideal for those looking to enhance its value through refurbishment or as a rental investment. The ground floor welcomes you with a generous lounge that offers flexibility for various living arrangements, while the kitchen/dining area is ripe for updating with a strong footprint for future enhancements. The first floor features two well-proportioned bedrooms, one of which is particularly spacious, alongside the functional shower room. Externally, the rear yard has great potential to become an attractive low-maintenance outdoor space. With its strategic location close to Preston city centre and public transport options, this property represents an excellent project for buyers aiming to create their ideal home or capitalize on rental opportunities.

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Investment analysis

(PR1 area)

Below Market Value

This property is priced -17.1% below area average per sq ft

-17.1%
Potential saving
This Property
£158/sq ft
Area Average
£191/sq ft
Avg Rent (weekly)
£206
Avg Yield
6.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£145,924
10% above area average per sq ft
Potential ROI
+8.1%
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

St. Chads Road, Preston, PR1
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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
£416
Based on a loan of £82,496 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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