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Higher Road, Longridge, Preston, Lancashire PR3 - Image 1
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Higher Road, Longridge, Preston, Lancashire PR3 - Image 3

Higher Road, Longridge, Preston, Lancashire PR3

North West

£125,000
Listed on 06/03/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
1275 sqft

Description

This delightful three-bedroom cottage, nestled in a central position in Longridge, presents an excellent opportunity for those seeking a property with significant renovation potential. Rich in character and featuring original elements, the home requires comprehensive modernisation, making it an appealing choice for renovators or investors looking to enhance its charm. The ground floor showcases a traditional layout with a quaint living room and a kitchen that includes a small single-storey extension ripe for redesign. Upstairs houses three bedrooms along with a family bathroom, providing a solid framework for creating a contemporary living space. The generous garden outside offers ample room for landscaping or establishing an inviting outdoor area. Located within easy reach of local amenities such as shops and schools, as well as scenic countryside walks, this property is a prime candidate for transformation in a desirable community.

Investment Analysis

(PR3 area)

Below Market Value

This property is priced -62.0% below area average per sq ft

-62.0%
Potential saving
This Property
£98/sq ft
Area Average
£258/sq ft
Avg Rent (weekly)
£259
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£361,985
10% above area average per sq ft
Potential ROI
+106.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Higher Road, Longridge, Preston, Lancashire 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
£451
Based on a loan of £93,750 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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