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Plevna Road, Preston, Lancashire PR1 - Image 1
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Plevna Road, Preston, Lancashire PR1

North West

£85,000
Listed on 15/12/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
652 sqft

Description

This two-bedroom mid-terrace house presents a promising opportunity for renovation, ideally suited for investors or DIY enthusiasts. While the property requires modernisation throughout, it offers a solid foundation with features such as double glazing and a gas central heating system. The layout includes a vestibule leading into a spacious lounge and a dining kitchen that opens to the rear yard, providing ample scope for reconfiguration or updating. The first floor comprises two generous double bedrooms alongside a bathroom that also invites improvements. Located conveniently within close proximity to Preston city centre, local amenities, schools, and transport links, this home is devoid of chain delays and viewing is highly recommended for those seeking to unlock its full potential.

Investment Analysis

(PR1 area)

Below Market Value

This property is priced -29.9% below area average per sq ft

-29.9%
Potential saving
This Property
£130/sq ft
Area Average
£186/sq ft
Avg Rent (weekly)
£198
Avg Yield
6.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£133,327
10% above area average per sq ft
Potential ROI
+21.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
55
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (PR1)

Area prices are falling by -3.8% over the last 12 months
3 year growth: +6.8%
5 year growth: +14.7%
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

Plevna Road, Preston, Lancashire PR1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£307
Based on a loan of £63,750 over 30 years at 4.06% 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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