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Mersey Street, Ashton-On-Ribble, Preston PR2 - Image 1
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Mersey Street, Ashton-On-Ribble, Preston PR2

North West

£120,000
Listed on 19/11/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This mid-terrace house on Mersey Street in Ashton-On-Ribble offers a solid foundation for buyers looking to create a personalized living space or capitalize on its investment potential. With two generously sized bedrooms and a comfortable reception area, the layout is functional and inviting, making it suitable for both first-time homeowners and seasoned investors keen on property development. The property includes a single bathroom that meets everyday needs but is currently in need of modernization. This presents a unique opportunity to update the home according to your vision, enhancing both its livability and market value. Renovations could substantially increase the property’s appeal, making it a worthwhile venture for those with an eye for design and improvement. Located in the vibrant Ashton-On-Ribble neighborhood, this home benefits from a strong sense of community and convenient access to local amenities, schools, and public transport options. This prime location not only caters to families but also attracts professionals who appreciate the balance of suburban life with urban accessibility. In essence, this mid-terrace house represents an exciting investment opportunity. With strategic renovations, you can transform it into a delightful residence or a profitable rental unit. Explore the untapped potential this property has to offer in one of Preston's welcoming neighborhoods.

Investment Analysis

(PR2 area)
Area Average
£204/sq ft
Avg Rent (weekly)
£226
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
79
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (PR2)

Area prices are stable by 0.0% over the last 12 months
3 year growth: 6.7%
5 year growth: 19.4%
Investment Disclaimer: Analysis based on PR2 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

Mersey Street, Ashton-On-Ribble, Preston PR2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£440
Based on a loan of £90,000 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.

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