Lower Lane, Preston, PR4
LY

Lower Lane, Preston, PR4

By Lytham Estate Agents

£ 499,950

Reviews

3 out of 5 stars

Lytham Estate Agents says ..

Charming Five-Bedroom Detached Cottage in the Heart of Freckleton – Set on a Large Plot with Off-Street Parking & Double Garage

Property Oracle says ..

The property is located in Lower Lane, Preston, PR4, within the Freckleton East locality of Fylde, Lancashire. The area benefits from nearby primary schools, Freckleton Church of England Primary School (rated ‘Good’) and Freckleton Strike Lane Primary School (‘Requires Improvement’), both within a short distance. Secondary school options include Carr Hill High School (‘Requires Improvement’), approximately 2.83km away. Train stations such as Kirkham and Wesham are within a reasonable commuting distance. The proximity to these amenities makes it a reasonably convenient location for families. The property appears to be a period property, showcasing traditional features such as exposed beams. While the interior is presented in a well-maintained and decorated condition, some aspects might suggest the need for modernisation in certain areas. The bathrooms, in particular, show a contrast in style and condition, indicating that some areas have been updated while others retain older fixtures. An objective assessment would suggest that the property is in good condition but could benefit from selective modernisation to enhance its overall appeal. The property includes a garden. The images show a relatively sizable garden area, predominantly gravelled, with some planted areas and outbuildings. The size, while not explicitly stated in square footage, appears larger than many properties in the area. The list price is £499,950. The average house price in the area is significantly lower at £209,167. However, the average house size is also considerably larger (2,757 sqft compared to 1,797.57 sqft). The average price per sqft in the area is £75.00. Considering the property’s size, period features, and apparent good condition (despite needing some modernisation), the list price seems relatively high compared to the average price but may be justified given the property’s unique characteristics and potentially desirable features. Nearby comparable properties show prices ranging from £189,950 to £575,000, making the list price fall within the higher end of the range but not exceptionally out of line.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
7
Location
7
Land
7
Bedrooms
5
Bathrooms
3
Sqft (est)
1,797.57

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
244,986.00 £
Increased by 20.98 %
from 202,500.00 £
Est sale value
566,234.55 £
Increased by 17.98 %
from 479,951.19 £
Average area rental value
778.00 £/mo
Decreased by 23.50 %
from 1,017.00 £/mo
Est letting value
1,797.57 £/mo
Unchanged by 0.00 %
from 1,797.57 £/mo
Est rental Yield
3.81 %
Decreased by 36.82 %
from 6.03 %
Crime Rate
43.00 %
Unchanged by 0.00 %
from 43.00 %

Agent Activity

  • Lytham Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Freckleton Church Of England Primary SchoolVoluntary Aided SchoolGood0.64 KM
Freckleton Strike Lane Primary SchoolCommunity SchoolRequires improvement1.13 KM
The Orchard Children'S CentreChildren's Centre1.26 KM
Linton SchoolOther Independent Special SchoolGood2.48 KM
Carr Hill High SchoolCommunity SchoolRequires improvement2.83 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Marsh Drive £ 189,95000.00 KM
Clover Drive £ 400,00000.00 KM
Sunnyside Close £ 000.00 KM
Cookson Close £ 000.00 KM
Mill View £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Kirkham And Wesham2668KKM4.45 KM
Salwick2673SLW5.26 KM
Moss Side2675MOS9.53 KM

Nearby Listings

AddressPriceTypeScoreDistance
Lower Lane, Preston, PR4 £ 499,950BUY6 / 100.00 KM
Marsh Drive, Freckleton PR4 1HJ £ 189,950BUY6 / 100.15 KM
Clover Drive, Freckleton, Preston, PR4 £ 380,000BUY7 / 100.17 KM
Clover Drive, Preston, PR4 £ 360,000BUY7 / 100.18 KM
Tarnbrick Avenue, Freckleton PR4 1PN £ 199,950BUY6 / 100.19 KM

Nearby Properties

AddressPriceDistance
11 Lower Lane £ 300,0000.07 KM
Brailsford £ 410,0000.07 KM
Longroots £ 425,0000.07 KM
9 Lower Lane £ 195,0000.07 KM
1 Spring Hill £ 265,0000.09 KM