Worst House on the Street Logo
Jemmett Street, Preston PR1 - Image 1
Jemmett Street, Preston PR1 - Image 2
Jemmett Street, Preston PR1 - Image 3
Jemmett Street, Preston PR1 - Image 4
Jemmett Street, Preston PR1 - Image 5
Jemmett Street, Preston PR1 - Image 6
Jemmett Street, Preston PR1 - Image 7
Jemmett Street, Preston PR1 - Image 8

Jemmett Street, Preston PR1

North West

£115,000

Listed on 26/05/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This two-bedroom mid-terrace property is located in a sought-after residential neighborhood, making it an attractive option for first-time buyers and investors alike. The home boasts a spacious living room, a functional kitchen, and two ample double bedrooms, alongside a three-piece bathroom. While it requires some cosmetic updates to align with modern preferences, this presents a valuable opportunity for buyers to infuse their personal style into the space. The enclosed rear yard offers a manageable outdoor area, and on-street parking is available for convenience. Notably, the property has previously undergone remedial work related to subsidence but currently has no outstanding structural issues—documentation confirming its stability is available for review. There are minor uneven floors remaining from earlier works, which will give the new owner room to enhance the overall quality of the home further.

Investment Analysis

(PR1 area)
Area Average
£183/sq ft
Avg Rent (weekly)
£198
Avg Yield
6.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £18,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
62
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (PR1)

Area prices are falling by -3.6% over the last 12 months
3 year growth: +8.4%
5 year growth: +10.6%
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

Jemmett Street, Preston PR1
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£410
Based on a loan of £86,250 over 30 years at 3.97% 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.

Stamp Duty Calculator

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.