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Charnley Close, Penwortham, Preston, Lancashire PR1 - Image 1
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Charnley Close, Penwortham, Preston, Lancashire PR1 - Image 3

Charnley Close, Penwortham, Preston, Lancashire PR1

North West

£195,000
Listed on 14/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1247 sqft

Description

This three-bedroom property located in a sought-after area of Preston presents an excellent opportunity for those looking to invest in a home with significant modernization potential. The spacious interiors include a large lounge, a functional kitchen/diner, and an ample conservatory that enhances the living space. With the layout designed to allow for easy reconfiguration, this home can be tailored to meet contemporary lifestyle needs. The ground floor also features a practical wet room for added convenience. Upstairs, the three well-sized bedrooms provide flexibility for family living alongside a family bathroom and separate WC. This home’s overall structure offers a solid base for updates, allowing new owners to enhance its charm and functionality as desired. Externally, the property is complemented by off-road parking options including a driveway leading to a garage. The rear garden offers privacy and scope for landscaping or outdoor improvements, making it perfect for family gatherings or relaxation. Set in an established community with convenient access to local amenities and reputable schools, this residence is ideal for families or investors seeking a property that allows personal customisation over time. Good transport links further enhance its appeal for commuters and those wishing to enjoy nearby city conveniences.

Investment Analysis

(PR1 area)

Below Market Value

This property is priced -14.7% below area average per sq ft

-14.7%
Potential saving
This Property
£156/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
+7.0%
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

Charnley Close, Penwortham, Preston, Lancashire 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
£691
Based on a loan of £146,250 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.

Stamp Duty Calculator

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