Worst House on the Street Logo
Cedar Way, Penwortham PR1 - Image 1
Cedar Way, Penwortham PR1 - Image 2
Cedar Way, Penwortham PR1 - Image 3

Cedar Way, Penwortham PR1

North West

£170,000
Listed on 02/12/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This detached bungalow in Penwortham presents a significant renovation opportunity within a sought-after residential area. Offering a blank canvas, the property requires general modernisation and is suited for those looking to inject their personal style into a home. The main entrance leads into a hallway that connects to a spacious lounge, illuminated by a large picture window that overlooks the garden, ideal for relaxing or entertaining. The kitchen features practical wall and base storage units along with space for appliances, accompanied by an adjoining dining area perfect for casual meals. There are two generously sized double bedrooms positioned at the rear, both enjoy views of the private garden, making them adaptable as guest rooms or home offices. A three-piece shower room with essential fittings completes the internal layout. Set on a substantial plot, outdoor space includes a lawned front garden and sizeable block-paved driveway offering off-road parking for multiple vehicles leading to a detached garage suitable for storage or workshop use. The well-maintained rear garden is largely laid to lawn and holds promising potential for creative landscaping or outdoor living enhancements. Located in this tranquil yet vibrant neighbourhood, the property benefits from proximity to local amenities including shops and eateries, while transport links provide easy access to Preston and beyond. This location is further complemented by nearby parks and schools, catering to various buyer needs whether as an investment project or as an ideal downsizer’s retreat.

Investment Analysis

(PR1 area)
Area Average
£191/sq ft
Avg Rent (weekly)
£209
Avg Yield
6.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
59
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (PR1)

Area prices are falling by +5.8% over the last 12 months
3 year growth: 5.0%
5 year growth: 16.7%
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

Cedar Way, Penwortham PR1
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£623
Based on a loan of £127,500 over 30 years at 4.19% 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.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE