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Bird Street, Preston, PR1

North West

£80,000

Listed on 21/07/2026

Property details

Bedrooms
2
Type
Terraced

Description

This traditional two-bedroom mid-terraced property presents a significant renovation opportunity located in the desirable Broadgate area of Preston. With a requirement for complete modernization, it serves as an ideal blank canvas for investors or developers looking to enhance its value. The property is conveniently situated close to Preston City Centre, making it appealing to both homeowners and potential tenants. The layout includes an entrance hallway that leads into a spacious front reception room, alongside a second sizeable reception room at the rear, suitable for varied living arrangements such as a dining area or additional lounge space. The fitted kitchen provides access to an enclosed rear yard, which could be further developed. Upstairs, two well-sized double bedrooms and a three-piece family bathroom await your creative touch. The external space features a private rear yard that offers low-maintenance outdoor options with potential for enhancement. Investors will find this location particularly attractive due to its strong rental demand and proximity to local amenities, schools, parks, and transport links. This project not only offers the chance to renovate but also represents an opportunity to create a profitable buy-to-let investment or first-time home. Early viewings are suggested to fully grasp the potential this property holds.

Investment analysis

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

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£40,000 - £60,000
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

Bird Street, 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
£302
Based on a loan of £60,000 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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