Wellington Road, Ashton-on-Ribble, Preston
North West
£125,000
Listed on 31/10/2026
Listed on 31/10/2026
The listing
Property details
Bedrooms
2Type
TerracedArea
872 sqftFeatures
- Garden
Description
This freehold terraced property in Ashton-on-Ribble is arranged as two self-contained apartments, with a ground-floor unit and a second apartment on the first floor. The listing describes a total of two bedrooms, with each apartment having a lounge, kitchen, bedroom and bathroom. The ground-floor accommodation includes a particularly large lounge and a kitchen with access to a private rear yard. Upstairs, the apartment is arranged around a central landing, with a separate lounge and a compact kitchen.
The property is described as requiring renovation and modernisation. Its existing two-unit arrangement and generous internal space may suit buyers considering a refurbishment project or a rental investment, subject to checking the legal and practical status of the separate accommodation. It is offered for sale by North West Homes, Preston, and has Council Tax Band A.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
73out of 100
Grade BGood opportunity
Confidence: MEDIUM
At £125,000, this two-apartment terrace is priced attractively at £143 per sq ft, well below the local average of £211. The standout is the existing self-contained layout: two separate homes offer scope for a landlord to work with two rental streams, while the generous living spaces give the property a useful base for a light cosmetic refresh.
The photographed interiors look usable but dated, with older wall and ceiling finishes and electric panel heaters whose adequacy and condition are not established. Overall, this is a good-value, relatively manageable project, with the roof not fully assessable from the available exterior view.
Key opportunities
- The existing two self-contained apartments provide a distinctive starting point for pursuing two rental income streams.
- Generous living spaces in both apartments offer flexibility to improve presentation through a light cosmetic refresh.
- The asking price is substantially below the local average per square foot, creating an attractive acquisition opportunity.
Key risks
None recorded.
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Transport
Nearest stations
Preston Rail Station
1.1 miles
Train · Preston
Lostock Hall Rail Station
3.4 miles
Train · Lostock Hall
Salwick Rail Station
3.8 miles
Train · Salwick
Bamber Bridge Rail Station
3.9 miles
Train · Bamber Bridge
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£472
Based on a loan of £93,750 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.
Tax
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