Meadow Bank, Penwortham, PR1
DE

Meadow Bank, Penwortham, PR1

By Dewhurst Homes

£ 99,000

Reviews

2 out of 5 stars

Dewhurst Homes says ..

This delightful and well-maintained ground floor apartment presents an excellent opportunity for first-time buyers or buy-to-let investors. Situated in a highly sought-after and convenient location in Penwortham, the property benefits from off-road driveway parking and a beautifully maintained pr...

Property Oracle says ..

The property is a 1-bedroom, 1-bathroom house located in Penwortham, Lancashire. It is listed at £99,000 and has a size of 386.96 sqft. The location is reasonably good, with nearby primary and secondary schools receiving good or outstanding Ofsted ratings. The proximity to several train stations also improves its accessibility. However, the average house price in the area is significantly higher (£772,179) than the listed price of this property, suggesting that it may be undervalued or that there are factors affecting its desirability that are not immediately apparent from the provided information. The condition of the property seems to be average. While the interior appears relatively clean and recently decorated, the exterior shows some signs of needing some maintenance. The bathroom also appears to be in need of some updating. The plot size is small, but the presence of a garden is a positive aspect, especially for a property of this size. Considering the property’s condition, location, and small plot size, the list price of £99,000 appears to be very low compared to the average price per square foot in the area (£617). However, without more detailed information about the property’s condition, and the reason for the low price, a definitive conclusion on its value cannot be drawn. The lower price may reflect the property’s size and condition. Further investigation is recommended to fully assess its value.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
3
Condition
6
Location
7
Land
4
Bedrooms
1
Bathrooms
1
Sqft (est)
386.96

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
472,750.00 £
Decreased by 21.88 %
from 605,189.00 £
Est sale value
297,572.24 £
Increased by 27.74 %
from 232,949.92 £
Average area rental value
1,418.00 £/mo
Decreased by 35.04 %
from 2,183.00 £/mo
Est letting value
773.92 £/mo
Unchanged by 0.00 %
from 773.92 £/mo
Est rental Yield
3.60 %
Decreased by 16.86 %
from 4.33 %
Crime Rate
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • Dewhurst Homes created the listing.

Nearby Schools

NameTypeOfstedDistance
Penwortham Broad Oak Primary SchoolFoundation SchoolGood0.32 KM
Cop Lane Church Of England Primary School, PenworthamVoluntary Aided SchoolOutstanding0.57 KM
Penwortham Girls' High SchoolCommunity SchoolOutstanding1.12 KM
Kingsfold Primary SchoolCommunity SchoolGood1.24 KM
Kingsfold Children'S CentreChildren's Centre1.26 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Appletree Close £ 000.00 KM
Windsor Avenue £ 160,00000.00 KM
Golden Way £ 000.00 KM
Houghton Close £ 000.00 KM
Wood End £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Preston (Lancs)2753PRE2.89 KM
Lostock Hall2689LOH4.53 KM
Leyland2710LEY6.11 KM
Bamber Bridge2561BMB7.32 KM
Croston2313CSO9.69 KM

Nearby Listings

AddressPriceTypeScoreDistance
Meadow Bank, Penwortham, PR1 £ 124,950BUYUnknown0.00 KM
Meadow Bank, Penwortham, PR1 £ 99,000BUY5 / 100.00 KM
Meadow Bank, Penwortham, Lancashire, PR1 £ 140,000BUY8 / 100.00 KM
Meadow Bank, Penwortham, Preston £ 135,000BUY6 / 100.01 KM
Meadow Bank, Penwortham, Preston, PR1 9BL £ 55,000BUY5 / 100.02 KM

Nearby Properties

AddressPriceDistance
57 Meadow Bank £ 125,0000.01 KM
19 Meadow Bank £ 53,9500.01 KM
14 Meadow Bank £ 125,0000.01 KM
15 Meadow Bank £ 49,0000.01 KM
32 Meadow Bank £ 125,0000.01 KM