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North West
£23,000Guide Price
Listed on 03/09/2026
Listed on 03/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This one-bedroom flat presents a budget-friendly entry point at an asking price of £23,000, which is significantly below the local average of £223,803. While the overall condition is dated and could benefit from renovation, this offers a valuable opportunity for those looking to put their own stamp on a property and enhance its worth. With an estimated renovation range of £40,000 to £80,000, there is ample scope to improve the living spaces, including the lounge, kitchen, and bathroom, which currently reflect the need for updates.
Located near amenities such as Deepdale Retail Park and within reasonable reach of Preston city centre, the flat is situated in a decent area that adds to its appeal. However, potential structural issues are noted, which should be factored into any renovation plans. Overall, this property represents a canvas for transformation, perfect for someone with vision and a renovation budget to match.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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.
Tax
Indicative tax based on the asking price and the options you select.
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