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Lutwidge Avenue, Preston PR1 - Image 1
Lutwidge Avenue, Preston PR1 - Image 2
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Lutwidge Avenue, Preston PR1

North West

£125,000
Listed on 25/09/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
737 sqft

Description

This two-bedroom mid-terrace property presents a promising opportunity for those looking to invest or create a personalized living space. Located conveniently near Deepdale Retail Park, the home is well-positioned to take advantage of nearby amenities and offers easy access to major motorway routes. Inside, you will find two spacious double bedrooms, one of which houses a modern combi boiler. The layout includes a generous kitchen diner at the rear, providing a functional area for cooking and socializing. While the interior could benefit from some updates and personal touches, this potential for renovation can allow you to craft a home that reflects your style and preferences. The property also includes on-street parking for added convenience and falls under a low council tax band (A), making it an accessible option for first-time buyers or those looking to downsize. The freehold tenure adds further appeal for investors seeking long-term ownership benefits. With its advantageous location and various possibilities for enhancement, this property is worth considering for anyone interested in maximizing value through thoughtful renovations or investment strategies. Viewing is encouraged to fully appreciate the potential this home has to offer.

Investment Analysis

(PR1 area)

Below Market Value

This property is priced -3.4% below area average per sq ft

-3.4%
Potential saving
This Property
£170/sq ft
Area Average
£176/sq ft
Avg Rent (weekly)
£207
Avg Yield
7.3%

Renovation Potential

Est. Renovation Cost
£12,500 - £31,250
10-25% of property value
Target Value
£142,399
10% above area average per sq ft
Potential ROI
-8.9%
After renovation
Monthly Sales
54
Average per month
Market Turnover
37%
Properties sold annually

Local Market Trend (PR1)

Area prices are falling by +3.5% over the last 12 months
3 year growth: 5.8%
5 year growth: 17.1%
Investment Disclaimer: Analysis based on PR1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Lutwidge Avenue, Preston PR1
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