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Westfield Drive, Ribbleton PR2 - Image 1
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Westfield Drive, Ribbleton PR2

North West

£150,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
474 sqft

Description

This three-bedroom semi-detached home, located in the established residential area of Ribbleton, is an excellent opportunity for investors or first-time buyers looking to capitalize on its renovation potential. The property is in need of comprehensive modernization, making it a blank canvas for those eager to enhance value through refurbishment. Internally, it features a spacious lounge and a separate dining room alongside a kitchen with access to an outdoor utility space and storage, allowing for possible reconfiguration or expansion options (subject to planning permission). The first floor comprises three well-proportioned bedrooms, a family bathroom, and an additional WC, positioning the home attractively for family renters and buyers alike. Outside, the generous rear garden presents opportunities for landscaping or further development that could add significant appeal to future tenants or buyers. Conveniently located near local amenities, schools, and transport links, this property is poised for strong rental demand and long-term capital appreciation. Viewing is highly recommended to fully appreciate the potential this home offers.

Investment Analysis

(PR2 area)

Above Market Value

This property is priced +51.5% above area average per sq ft

+51.5%
This Property
£316/sq ft
Area Average
£209/sq ft
Avg Rent (weekly)
£218
Avg Yield
5.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£108,894
10% above area average per sq ft
Potential ROI
-44.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
84
Average per month
Market Turnover
47%
Properties sold annually

Local Market Trend (PR2)

Area prices are falling by -3.1% over the last 12 months
3 year growth: +6.0%
5 year growth: +16.8%
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

Westfield Drive, Ribbleton PR2
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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
£541
Based on a loan of £112,500 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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