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Maple Grove, Grimsargh, Preston PR2 - Image 1
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Maple Grove, Grimsargh, Preston PR2

North West

£224,950
Listed on 02/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1236 sqft

Description

Located in the quaint village of Grimsargh, this semi-detached dormer bungalow offers a promising investment opportunity for buyers eager to put their personal stamp on a property. Featuring three bedrooms and two bathrooms, the home provides ample space for families or those wishing to downsize while retaining comfort. The welcoming lounge serves as a cozy area for relaxation and social gatherings. The thoughtful layout facilitates smooth movement between the living areas and sleeping quarters, enhancing functionality. However, the property requires modernisation, presenting an ideal canvas for renovation that allows future owners to tailor it to their tastes. Outside, you will find well-maintained lawned gardens at both the front and rear, along with generous driveway parking leading to a detached garage—ideal for additional storage or vehicle accommodation. With gas central heating installed, residents can enjoy warmth during colder months. Situated within a friendly residential neighbourhood, this bungalow is close to essential amenities and transport links, providing both convenience and a sense of community. This property is not only suitable for those seeking a tranquil retreat but also holds significant potential for transformation into a bespoke living space. Explore the possibilities that await in this promising Grimsargh location.

Investment Analysis

(PR2 area)

Below Market Value

This property is priced -10.8% below area average per sq ft

-10.8%
Potential saving
This Property
£182/sq ft
Area Average
£204/sq ft
Avg Rent (weekly)
£226
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£277,358
10% above area average per sq ft
Potential ROI
+4.7%
After renovation
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

Maple Grove, Grimsargh, 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
£824
Based on a loan of £168,712 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