Sold STC Semi-detached

29 FARRINGDON CRESCENT

PRESTON, LANCASHIRE PR1 5TY

2 beds 1 baths 624 sq ft Listed 21 Apr 2023 (-1149d)

£120,000

Offers Over

Reduced on 4 May 2023

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Property photo

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Property details

Tenure

FREEHOLD

Floor area

58 m²

Council tax band

A

EPC rating

E

Year built

England and Wales: 1950-1966

Last sold

£125,000 Sep 2023

Price per m²

£2,069/m²

Local average

£216,936 (-44.7%)

Deprivation

Decile 1 (935 of 33,755)

Street crime

239 incidents within 1 mile (Apr 2026)

Key features

  • Close to public transport
  • Double glazing
  • Fitted Kitchen
  • Shops and amenities nearby
  • Garden
  • Two Double Bedrooms
  • Semi Detached
  • Ideal Investment Opportunity
  • Gas Central Heating

Additional details

Parking
Yes
Garden
Yes

Description

Fantastic opportunity to purchase this well appointed two bedroom semi detached property in a quiet location; within excellent accessibility to amenities such as schools, shops, Royal Preston Hospital, Preston City Centre, main bus routes and motorway connections. Hosting a modern and spacious feel throughout, this property would be an ideal first time buy, investment opportunity or young family home. Benefiting from doubled glazing and gas central heating throughout. 

On internal inspection the property briefly comprises; entrance hallway, lounge, kitchen, two double bedrooms and a three piece bathroom. Externally the property offers large rear gardens offering great outdoor space and driveway and outbuildings. Viewings are highly recommended to appreciate this superb property on offer. Disclaimer:

These particulars, whilst believed to be correct, do not form any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact. No person in this firm's employment has the authority to make or give any representation or warranty in respect of the property. All measurements quoted are approximate. Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.

Listed by

Fulwood

Dewhurst Homes

Reference: 133914407

EPC Rating & Upgrade Cost

Current rating: E

Potential rating: B

Inspection date: 20/08/2013

Expiry date: 19/08/2023 (expired)

Current heating cost: £701/year

Potential heating cost: £363/year

Est. upgrade cost to C: £24,605

Recommendations

  • Increase loft insulation to 270 mm (£100 - £350)
  • Cavity wall insulation (£500 - £1,500)
  • Floor insulation (£800 - £1,200)
  • Draughtproof single-glazed windows (£80 - £120)
  • Low energy lighting for all fixed outlets (£30)
  • Upgrade heating controls (£350 - £450)
  • Replace boiler with new condensing boiler (£2,200 - £3,000)
  • Solar water heating (£4,000 - £6,000)
  • Solar photovoltaic panels, 2.5 kWp (£9,000 - £14,000)
  • Wind turbine (£1,500 - £4,000)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

EPC Graphs

EPC Graph

EPC Graph

FENSA Certificates

This property has 1 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #16639852 Recent

Property Details

Street: 29 Farringdon Crescent

Town: PRESTON

Postcode: PR1 5TY

Installation Details

Items: 7 windows

Certificate Issued: 20/01/2025

Work Completed: 18/12/2024

This certificate data was retrieved from FENSA's database

What is FENSA? FENSA (Fenestration Self-Assessment Scheme) is a government-authorised scheme that monitors building regulation compliance for replacement windows and doors. Certificates indicate that work was completed by FENSA-approved installers.

Price history

47% since 2018

Event Date Price % change
Sold 08/09/2023 (2 years ago) £125,000 +47.1%
Sold 16/11/2018 (7 years ago) £85,000 —

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
520 NEW HALL LANE, PRESTON, LANCASHIRE, PR1 4TD £160,000 08/12/2025 Semi-detached
36 VILLAGE DRIVE, RIBBLETON, PRESTON, LANCASHIRE, PR2 6JH £125,000 08/12/2025 Semi-detached
86 THE GREEN, RIBBLETON, PRESTON, LANCASHIRE, PR2 6QF £185,000 01/12/2025 Semi-detached
3 BUTTERLANDS, PRESTON, LANCASHIRE, PR1 5TJ £180,000 27/11/2025 Semi-detached
65 TUDOR AVENUE, PRESTON, LANCASHIRE, PR1 5TH £229,950 27/11/2025 Semi-detached
35 GAYTHORNE AVENUE, PRESTON, LANCASHIRE, PR1 5SY £185,000 14/11/2025 Semi-detached
33 TUDOR AVENUE, PRESTON, LANCASHIRE, PR1 5TH £182,000 14/11/2025 Semi-detached
12 ORREST ROAD, PRESTON, LANCASHIRE, PR1 5TT £158,000 14/10/2025 Semi-detached
79 VILLAGE DRIVE, RIBBLETON, PRESTON, LANCASHIRE, PR2 6JH £173,000 28/08/2025 Semi-detached
43 GLENLUCE DRIVE, PRESTON, LANCASHIRE, PR1 5TD £220,000 18/07/2025 Semi-detached
5 RUSSELL AVENUE, PRESTON, LANCASHIRE, PR1 5TP £153,900 16/09/2024 Semi-detached
32 GAYTHORNE AVENUE, PRESTON, LANCASHIRE, PR1 5TA £146,250 19/12/2023 Semi-detached
65 GLENLUCE DRIVE, PRESTON, LANCASHIRE, PR1 5TD £130,000 17/11/2023 Semi-detached
Same street 67 FARRINGDON CRESCENT, PRESTON, LANCASHIRE, PR1 5TY £143,000 12/06/2023 Terraced
46 VILLAGE DRIVE, RIBBLETON, PRESTON, LANCASHIRE, PR2 6JH £175,000 20/12/2022 Semi-detached
15 CAIRNSMORE AVENUE, PRESTON, LANCASHIRE, PR1 4UN £120,000 16/12/2022 Semi-detached
1 MERRICK AVENUE, PRESTON, LANCASHIRE, PR1 5TL £184,500 01/11/2022 Semi-detached
628 NEW HALL LANE, PRESTON, LANCASHIRE, PR1 4TE £145,000 30/10/2022 Semi-detached
12 GAYTHORNE AVENUE, PRESTON, LANCASHIRE, PR1 5TA £222,000 28/10/2022 Semi-detached
28 CAIRNSMORE AVENUE, PRESTON, LANCASHIRE, PR1 4UN £173,000 24/10/2022 Semi-detached
78 THE GREEN, RIBBLETON, PRESTON, LANCASHIRE, PR2 6QF £189,500 13/10/2022 Semi-detached
Same street 89 FARRINGDON CRESCENT, PRESTON, LANCASHIRE, PR1 5TY £140,000 30/06/2021 Semi-detached

Street average: £141,500 (2 sales)

Area average: £171,855 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 39.3%
10y growth 37.3%

House Price Index (HM Land Registry — official index, not sold-price averages): Preston. Series: Semi-detached. As of March 2026.

1y (index) 5.7%
5y (index) 26%
10y (index) 44.3%

Rental Range

Estimated market rent for Preston. Low = conservative, Realistic = average, Optimistic = best case.

Low £702/mo
Realistic £780/mo
Optimistic £858/mo

Based on Local Authority from postcode lookup → Preston.

LHA (30th percentile) floor for Central Lancs: £573/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View PR1 5TY

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Farringdon Park, adjacent to Farringdon Crescent 0.1 miles
Bus stop Farringdon Park by Brockholes Brow 0.1 miles
Shop Nisa Local 0.1 miles
Shop Devonshire Garage 0.3 miles
Hospital Greater Lancashire Hospital 1.4 miles
Hospital Ramsay Fulwood Hall Hospital 1.8 miles
University University of Lancashire 2.2 miles
Train station Preston 2.2 miles
Train station Bamber Bridge 2.8 miles
University Westleigh Conference Centre 4.6 miles

Street-level crime

Category Count
Violence and sexual offences 88
Other theft 30
Anti-social behaviour 29
Criminal damage and arson 28
Public order 11
Drugs 9
Shoplifting 9
Other crime 8
Vehicle crime 7
Burglary 5
Robbery 5
Bicycle theft 4
Possession of weapons 3
Theft from the person 3
Total incidents 239

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Brockholes Wood Community Primary School and Nursery Primary 0.2 miles Good — 4 Dec 2018
Fishwick Primary School Primary 0.4 miles — (Inspected (no overall grade))
St Teresa's Catholic Primary School, Preston Primary 0.4 miles Good — 16 Jun 2019
Sir Tom Finney Community High School Other 0.6 miles Good — 28 Nov 2017
The Blessed Sacrament Catholic Primary School, Preston Primary 0.6 miles Good — 10 Nov 2021

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Terraced House, Mornington Road, PR1 £695/mo 2 0.19 miles OpenRent
2 Bed Terraced House, Miller Road, PR1 £900/mo 2 0.57 miles OpenRent
2 Bed Terraced House, Acregate Lane, PR1 £750/mo 2 0.71 miles OpenRent
2 Bed Flat, Samuel Street, PR1 £800/mo 2 0.74 miles OpenRent
2 Bed Flat, Samuel St, PR1 £750/mo 2 0.75 miles OpenRent
2 Bed Semi-Detached House, Glenview Close, PR2 £800/mo 2 0.78 miles OpenRent
2 Bed Flat, Mercer St, PR1 £800/mo 2 1.16 miles OpenRent

Average rent: £785/mo (7 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.67%
Max investor price (0.8%) £100,000
Target investor price (1%) £80,000
Gross yield 8%
Cost-to-rent ratio 12.5×
Monthly cashflow £222/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 7.7%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).