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Moorhey Drive, Penwortham, Preston PR1 - Image 1
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Moorhey Drive, Penwortham, Preston PR1 - Image 3

Moorhey Drive, Penwortham, Preston PR1

North West

£199,950
Listed on 28/03/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1247 sqft

Description

This traditional semi-detached home in Higher Penwortham presents a valuable opportunity for renovation and enhancement. Boasting three bedrooms plus a loft room, the property features both a front lounge and a rear sitting room, complemented by a dining room adjacent to the kitchen. A conservatory adds additional living space, while gas central heating and uPVC double glazing are already installed. The driveway provides off-road parking alongside a detached garage offering storage options. The rear garden is hard landscaped and fully enclosed, ideal for outdoor activities or potential landscaping projects. Although the property requires modernization, its prime location within walking distance of Penwortham’s lively high street—filled with amenities, independent shops, restaurants, and schools—highlights its investment potential. Viewing is highly recommended for those looking to capitalize on the home’s future possibilities.

Investment Analysis

(PR1 area)

Below Market Value

This property is priced -12.5% below area average per sq ft

-12.5%
Potential saving
This Property
£160/sq ft
Area Average
£183/sq ft
Avg Rent (weekly)
£195
Avg Yield
6.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£251,364
10% above area average per sq ft
Potential ROI
+4.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
60
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (PR1)

Area prices are falling by -5.1% over the last 12 months
3 year growth: +6.1%
5 year growth: +8.8%
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

Moorhey Drive, Penwortham, Preston PR1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£708
Based on a loan of £149,962 over 30 years at 3.91% 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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