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Smith Street, Prescot L34 - Image 1

Smith Street, Prescot L34

North West

£80,000
Listed on 26/01/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
797 sqft

Description

This two-bedroom house in Prescot presents a compelling opportunity for cash buyers interested in a renovation project. Situated within an established residential neighborhood, the property offers spacious living areas, including an entrance hall, lounge, kitchen, two bedrooms, and a bathroom. Additionally, there is a rear yard that could be transformed into an appealing outdoor space. While the property requires modernization and improvements—especially considering its structural issues—it allows for significant value addition upon completion of the necessary updates. The location benefits from proximity to local amenities, schools, public transport links, and major roadways, making it a practical choice for those looking to invest in real estate. Given the condition of the house, potential buyers are encouraged to conduct thorough inspections and surveys prior to proceeding with any offers.

Investment Analysis

(L34 area)

Below Market Value

This property is priced -58.9% below area average per sq ft

-58.9%
Potential saving
This Property
£100/sq ft
Area Average
£244/sq ft
Avg Rent (weekly)
£249
Avg Yield
4.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£214,178
10% above area average per sq ft
Potential ROI
+64.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
92%
Properties sold annually

Local Market Trend (L34)

Area prices are falling by -12.3% over the last 12 months
3 year growth: -8.6%
5 year growth: +6.7%
Investment Disclaimer: Analysis based on L34 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

Smith Street, Prescot L34
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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
£289
Based on a loan of £60,000 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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