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Wellington Street, Preston PR1 - Image 1
Wellington Street, Preston PR1 - Image 2
Wellington Street, Preston PR1 - Image 3

Wellington Street, Preston PR1

North West

£120,000
Listed on 19/12/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom mid-terrace offers a promising opportunity for both first-time buyers and investors looking to capitalize on the local property market. While this home needs some updates, it boasts a spacious living room and an open-plan kitchen diner that can be transformed into a modern, functional space. The property features three well-sized bedrooms, perfect for accommodating families or a home office setup, alongside a three-piece bathroom suite. Outside, an enclosed rear yard provides potential for creating an inviting outdoor area. Conveniently located in Ashton-on-Ribble, just moments from amenities, schools, and transport links to Preston city centre, this property has great potential to enhance its value with thoughtful renovations.

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

Wellington Street, Preston PR1
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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