Fairhaven Road, Preston, PR1
North West
£99,000Guide Price
Listed on 24/10/2026
Listed on 24/10/2026
The listing
Property details
Bedrooms
2Type
TerracedFeatures
- Garden
Description
This two-bedroom terraced house in Lancashire is being sold through an online auction, with scope for refurbishment and updating throughout. The existing accommodation could be adapted to suit a buyer’s requirements, subject to any necessary consents. Local amenities, schools and transport links are described as being within reach. Viewings are by appointment, and prospective bidders should review the legal pack and auction terms before proceeding.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
45out of 100
Grade ELow opportunity
Confidence: LOW
This two-bedroom terrace is a substantial renovation canvas, with dated and worn finishes across several interior areas and visible wall and ceiling deterioration to investigate. The older kitchen and bathroom, worn flooring and decoration offer clear scope to reshape the interiors around a buyer’s taste, while the small enclosed garden could also be refreshed. The brick frontage looks generally intact in the available views, with no obvious major roof failure.
At £99,000, the missing floor area means value versus local £/sqf cannot yet be judged. The £35,000–£65,000 renovation range points to a significant project rather than a cosmetic update, and the overall opportunity remains difficult to assess without floor-area and resale-value evidence. This is being sold by online auction: bids can take the hammer above the guide, so the eventual price may not stay at £99,000.
Key opportunities
- Rework the dated interior finishes and worn flooring to create a more cohesive home tailored to a buyer’s style.
- Replace or modernise the older kitchen and bathroom as part of a broader interior update.
- Refresh the enclosed paved garden by tackling aged surfaces and untended planting.
Key risks
- The £35,000–£65,000 works range and deterioration across several interior areas make this a substantial budget and programme, not a cosmetic refresh.
- Visible wall and ceiling marks or deterioration in several areas need investigation to establish their cause and repair scope.
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Finance
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£374
Based on a loan of £74,250 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.
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