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Lune Street, Longridge PR3

North West

£129,950
Listed on 24/12/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
659 sqft

Description

This spacious two-bedroom mid-terrace house presents a promising investment opportunity for buyers looking to enter the property market or expand their portfolio. Featuring two sizable reception rooms, the layout offers versatility for various living and dining arrangements. The kitchen, located at the rear, invites potential for modernization and customization according to personal preferences. Upstairs, two well-proportioned bedrooms provide ample room for furnishings and storage solutions. The property is equipped with gas central heating and double glazing, contributing to energy efficiency and comfort. While it requires some updates, this residence provides an excellent canvas to enhance value and create a personalized home. Conveniently located near local amenities, schools, and transport links, it caters well to families and commuters alike. With its generous layout and substantial potential for renovation, this property stands out as a valuable opportunity in a sought-after area.

Investment Analysis

(PR3 area)

Below Market Value

This property is priced -23.6% below area average per sq ft

-23.6%
Potential saving
This Property
£197/sq ft
Area Average
£258/sq ft
Avg Rent (weekly)
£259
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£187,097
10% above area average per sq ft
Potential ROI
+20.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (PR3)

Area prices are falling by -4.2% over the last 12 months
3 year growth: -5.3%
5 year growth: +8.0%
Investment Disclaimer: Analysis based on PR3 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

Lune Street, Longridge PR3
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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
£469
Based on a loan of £97,462 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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