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Priory Lane, Penwortham, Preston

North West

£350,000

Listed on 16/07/2026

Property details

Bedrooms
3
Type
Detached

Description

This sizeable detached dormer bungalow, situated on a generous plot in the desirable area of Higher Penwortham, presents an exceptional opportunity for buyers interested in renovation and investment potential. Ideally located just a short walk from the local amenities and transport links on Liverpool Road, this property boasts a flexible layout that can cater to various needs. Currently offering three bedrooms, including one on the ground floor, there's great scope to adapt and enhance the existing space for modern living. The substantial rear extension has already created an expansive principal reception room ideal for both dining and relaxation. The separate kitchen with access from a side entrance further adds to its practicality. The first-floor loft conversion provides additional accommodation, but there is considerable potential to expand this area by enlarging the dormers, subject to planning permissions. Outside, the property features an ample driveway with parking for multiple vehicles leading to a detached garage. A spacious enclosed garden at the back includes well-maintained lawns and patio areas—perfect for outdoor entertaining or future development. Given its size and location, prospective buyers may find numerous avenues for improvement or expansion, making this property a remarkable canvas for transformation into a contemporary family home. Viewing is highly recommended to fully appreciate its potential.

Investment analysis

(PR1 area)
Area Average
£191/sq ft
Avg Rent (weekly)
£206
Avg Yield
6.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
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

Priory Lane, Penwortham, 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
£1,322
Based on a loan of £262,500 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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