5 Bed Detached House, Single Let, Preston, PR2 8AA, £475,000

233 Watling Street Road, Preston, PR2 8AA - 1 views - 3 years ago

BTL
~178 m²
+31 photos

ValuationOvervalued

Sold Prices£128.5K - £1.1M
Sold Prices/m²£918/m² - £3.3K/m²

 

 

Square Metres

~178.28 m²
Price/m²£2.7K/m²

Value Estimate

£394,363

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£118,750

Stamp Duty & Legal Fees

£26,700

Total Cash In

£145,450

 

 

Cash Out

 

Rent Range

£800 - £3,500

Rent Estimate

£800

Running Costs/mo

£1,664

Cashflow/mo

£-864

Cashflow/yr

£-10,372

Gross Yield

2%

Local Sold Prices

44 sold prices from £128.5K to £1.1M, average is £372.5K. £918/m² to £3.3K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£430K08/230.5 mi1, Glencourse Drive, Fulwood, Preston, Lancashire PR2 6AF5
£503.8K06/210.55 mi6, Eton Park, Fulwood, Preston, Lancashire PR2 9NL5
£240K12/200.73 mi81, Ribbleton Avenue, Preston, Lancashire PR1 5RX5
£610K06/210.77 mi41, Watling Street Road, Fulwood, Preston, Lancashire PR2 8EA5
£250K12/200.78 mi8, Almond Close, Fulwood, Preston, Lancashire PR2 9PZ5
£380K03/210.95 mi2, Highgate Avenue, Fulwood, Preston, Lancashire PR2 8LL5
£352K07/230.99 mi28, Squires Wood, Fulwood, Preston, Lancashire PR2 9QA5
£210K03/211.01 mi56, Brackenbury Road, Preston, Lancashire PR1 7UQ5
£128.5K06/211.14 mi23, Fermor Road, Preston, Lancashire PR1 4TX5
£565K09/211.17 miHighfield House, Fulwood Row, Fulwood, Preston, Lancashire PR2 5RU5
£220K01/211.24 mi68, Fishwick View, Preston, Lancashire PR1 4YB5
£240K06/231.68 mi22, Latham Street, Preston, Lancashire PR1 3TE5
£210K08/211.74 mi91, Wellington Street, Preston, Lancashire PR1 8TQ5
£146.5K05/211.8 mi21, Stanley Place, Preston, Lancashire PR1 8NA5
£440K08/211.86 mi1, Oakwood Drive, Fulwood, Preston, Lancashire PR2 3LX5
£403K01/231.86 mi3, Laburnum Drive, Fulwood, Preston, Lancashire PR2 3NA5
£825K06/211.86 miGregson House, Haighton Green Lane, Haighton, Preston, Lancashire PR2 5SR5
£700K07/231.94 miIngol Head House, Walker Lane, Fulwood, Preston, Lancashire PR2 7AN5
£200K09/212.11 mi24, Bexhill Road, Ingol, Preston, Lancashire PR2 3UA5
£330K05/212.19 mi63, Greenacres, Fulwood, Preston, Lancashire PR2 7DB5
£305K05/212.19 mi69, Greenacres, Fulwood, Preston, Lancashire PR2 7DB5
£280K08/232.2 mi13, Higher Walton Road, Walton Le Dale, Preston, Lancashire PR5 4HA5
£450K03/232.37 mi8, The Maples, Fulwood, Preston, Lancashire PR4 0DL5
£345K03/212.45 mi7, The Vineyard, Walton Le Dale, Preston, Lancashire PR5 4PR5
£375K03/232.46 miBeech Croft, Cottam Lane, Ingol, Preston, Lancashire PR2 3XW5
£1.1M06/232.52 miValley Lodge, Valley Road, Penwortham, Preston, Lancashire PR1 9XQ5
£310K06/212.63 mi49, Ridge Way, Penwortham, Preston, Lancashire PR1 9XW5
£412K12/202.63 mi15, Ridge Way, Penwortham, Preston, Lancashire PR1 9XW5
£480K08/232.66 mi28, Highgate, Penwortham, Preston, Lancashire PR1 0DU5
£515K03/232.71 mi4, Grimsargh Manor, Grimsargh, Preston, Lancashire PR2 5LZ5
£370K02/232.71 mi24, The Oaks, Walton Le Dale, Preston, Lancashire PR5 4LT5
£290K06/212.74 mi9, Barn Flatt Close, Higher Walton, Preston, Lancashire PR5 4HW5
£210K11/202.74 mi25, Barn Flatt Close, Higher Walton, Preston, Lancashire PR5 4HW5
£590K04/212.74 miParkside House, Whittingham Lane, Grimsargh, Preston, Lancashire PR2 5LH5
£487.5K11/202.78 mi64, Cop Lane, Penwortham, Preston, Lancashire PR1 0SR5
£810K04/232.79 miLightfoot Barn, Lightfoot Lane, Fulwood, Preston, Lancashire PR4 0AJ5
£775K11/222.8 mi7, Silver Birches, Grimsargh, Preston, Lancashire PR2 5NZ5
£275K06/212.86 mi128, Greencroft, Penwortham, Preston, Lancashire PR1 9LD5
£435K02/212.86 mi85, Douglas Lane, Grimsargh, Preston, Lancashire PR2 5JB5
£362.5K01/212.87 mi21, Carrwood Way, Walton Le Dale, Preston, Lancashire PR5 4NR5
£195K03/212.88 mi49, Dorchester Avenue, Walton Le Dale, Preston, Lancashire PR5 4PE5
£525K01/232.91 mi3, Swarbrick Avenue, Grimsargh, Preston, Lancashire PR2 5JJ5
£380K11/202.94 mi114, Cop Lane, Penwortham, Preston, Lancashire PR1 0UR5
£230K02/212.97 mi5, Cottonwood Close, Bamber Bridge, Preston, Lancashire PR5 6DG5

Local Rents

32 rents from £800/mo to £3.5K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,20001/250.19 mi-3
£1,00012/240.23 mi-3
£90006/240.3 mi-3
£1,05008/240.3 mi-4
£1,05007/240.3 mi-3
£1,05004/250.3 mi-3
£1,05007/240.3 miSherbourne Crescent, Preston, PR14
£1,19501/250.32 mi-4
£99504/250.35 mi-3
£1,15008/240.39 miSt. Gregory Road, Preston3
£80008/240.41 miLowthorpe Road, Deepdale, PR13
£2,27506/240.41 miWatling Street Road, PRESTON, Lancashire PR2 8BQ5
£3,50007/240.41 miWillow Gate, Fulwood, Preston6
£80010/240.45 mi-3
£80009/240.46 mi-3
£99503/250.46 mi-3
£1,00008/240.47 mi-3
£1,00007/240.47 miOban Crescent, Preston, PR13
£1,40006/240.47 miGregson Way, Preston, PR24
£1,73307/240.54 miSharoe Green Lane, PRESTON, Lancashire PR2 8ED4
£1,30007/240.54 miSharoe Green Lane, PRESTON, Lancashire PR2 8ED4
£80007/240.54 miFairfield Road, Fulwood3
£1,25012/240.56 mi-4
£1,20004/250.56 mi-4
£90012/240.59 mi-3
£1,30007/240.59 miSharoe Green Lane, PRESTON, Lancashire PR2 8EE4
£1,52106/240.61 miSt Stephens Road, Flat 2, PRESTON, Lancashire PR1 6NU3
£1,30012/240.61 mi-4
£1,10006/240.61 mi-3
£1,10006/240.61 mi-3
£1,20012/240.61 mi-3
£1,20004/250.61 mi-3

Local Area Statistics

Population in PR2

77,713

Population in Preston

286,036

Town centre distance

0.66 miles away

Nearest school

0.10 miles away

Nearest train station

1.76 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-7%

Sales demand

Seller's market

Capital growth (5yrs)

+25%

Property History

Listed for £475,000

July 20, 2022

Floor Plans

Description

  • 5 Bed Detached +
  • Overlooking Woodland +
  • Huge Plot +
  • Flat Conversion Potential +
  • 3 Bathrooms +
  • Freehold +
  • Incredible Property +

Bradley Taylor Properties are thrilled to offer this very unique property. Originally a substantial detached family home with an amazing garden. It has now been partly converted into a lower ground floor flat with a 2 story house above. There are many different uses for this property.

Where do we start! The house has been part converted into a 1 bedroom flat on the ground floor and a 4 bedroom house above. It would not take much work to finish this conversion. It could also be converted back to a house or 3 separate flats (subject to planning). Originally designed as a 5 bedroom detached family home, this is a special property. Even as a 5 bedroom the house there is plenty of living space, a cellar room that could be converted into another reception room if desired. Then there is the garden which is a lovely feature of the property. The lawn slopes back to the woodland at the rear and has plenty of established fruit trees, plants and bushes. There is an abundance of wildlife; this garden is very special.

The location is very convenient with central Preston only a short distance away. This is a property that needs to be seen to be appreciated. Please get in touch to arrange a viewing.

Agent Details

Bradley Taylor Properties, Penwortham

01772 288278

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪