2 Bed Terraced House, Single Let, Preston, PR1 4JX, £130,000

James Street, Preston, PR1 4JX - 5 views - 2 years ago

BTL
ROI: 1%
~68 m²
+5 photos

ValuationOvervalued

Sold Prices£55K - £200K
Sold Prices/m²£707/m² - £2.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.9K/m²

Value Estimate

£91,674

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£32,500

Stamp Duty & Legal Fees

£5,100

Total Cash In

£37,600

 

 

Cash Out

 

Rent Range

£525 - £1,100

Rent Estimate

£575

Running Costs/mo

£541

Cashflow/mo

£34

Cashflow/yr

£405

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £55K to £200K, average is £89.3K. £707/m² to £2.7K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£80K05/210.04 mi44, Trower Street, Preston, Lancashire PR1 4LY2
£85K06/210.11 mi25, Coronation Crescent, Preston, Lancashire PR1 4JY2
£110K05/230.2 mi167, London Road, Preston, Lancashire PR1 4BA2
£100K02/230.23 mi19, Alexandra Street, Preston, Lancashire PR1 4BL2
£96K03/230.26 mi41, Brockholes View, Preston, Lancashire PR1 4BH2
£92K03/230.37 mi8, Wolseley Place, Preston, Lancashire PR1 3XJ2
£110K01/230.41 mi42, Great Avenham Street, Preston, Lancashire PR1 3TD2
£125K05/210.44 mi4, Bridge Terrace, Walton Le Dale, Preston, Lancashire PR5 4AH2
£97K10/200.51 mi55, Victoria Road, Walton Le Dale, Preston, Lancashire PR5 4AA2
£130K05/210.51 mi7, Edward Street, Walton Le Dale, Preston, Lancashire PR5 4BY2
£116K04/210.51 mi23, Edward Street, Walton Le Dale, Preston, Lancashire PR5 4BY2
£167K01/230.53 mi45, Victoria Road, Walton Le Dale, Preston, Lancashire PR5 4AA2
£69.5K06/210.6 mi9, Scotforth Road, Preston, Lancashire PR1 4XX2
£105K07/230.62 mi46, Chatsworth Street, Preston, Lancashire PR1 4XY2
£200K04/230.63 mi70, Fishwick View, Preston, Lancashire PR1 4YB2
£100K03/210.67 mi15, Garden Street, Preston, Lancashire PR1 8BT2
£80K04/230.67 mi19, Caroline Street, Preston, Lancashire PR1 5UX2
£70K04/210.67 mi26, Dundonald Street, Preston, Lancashire PR1 4SN2
£127K02/210.7 mi6, Cliffe Court, Preston, Lancashire PR1 4QB2
£75K03/230.7 mi35, Rigby Street, Preston, Lancashire PR1 5XL2
£66K12/210.71 mi8, Derby Square, Preston, Lancashire PR1 5XN2
£82K12/210.71 mi2, St Lukes Place, Preston, Lancashire PR1 5DE2
£88K03/230.71 mi4, St Lukes Place, Preston, Lancashire PR1 5DE2
£83K05/230.71 mi63, Lincoln Street, Preston, Lancashire PR1 6RE2
£75K06/230.76 mi35, Samuel Street, Preston, Lancashire PR1 4YE2
£55K04/210.77 mi4, Elijah Street, Preston, Lancashire PR1 4SR2
£79K04/210.78 mi24, Andrew Street, Preston, Lancashire PR1 5HU2
£145K11/210.78 mi75, Victoria Road, Walton Le Dale, Preston, Lancashire PR5 4BA2
£70K02/230.79 mi10, Denville Road, Preston, Lancashire PR1 5XU2
£75K08/230.8 mi42, Salisbury Street, Preston, Lancashire PR1 5YL2
£95K01/230.81 mi136, Skeffington Road, Preston, Lancashire PR1 5HD2
£102K02/230.81 mi159, Skeffington Road, Preston, Lancashire PR1 5HD2
£83K12/200.81 mi10, Holman Street, Preston, Lancashire PR1 5HB2
£95K04/230.81 mi24, Castleton Road, Preston, Lancashire PR1 6QE2
£88K02/210.81 mi84, Castleton Road, Preston, Lancashire PR1 6QE2
£95K02/230.82 mi12, Castleton Road, Preston, Lancashire PR1 6QE2
£163K08/230.83 mi4, Kings Croft, Walton Le Dale, Preston, Lancashire PR5 4BD2
£76K11/210.83 mi3, Tunbridge Street, Preston, Lancashire PR1 5YP2
£70K03/210.83 mi15, Stafford Road, Preston, Lancashire PR1 6LB2
£140K07/230.84 mi9, Walton Green, Walton Le Dale, Preston, Lancashire PR5 4JL2
£88.5K05/230.85 mi12, Lutwidge Avenue, Preston, Lancashire PR1 5HS2
£105K06/230.85 mi27, Lutwidge Avenue, Preston, Lancashire PR1 5HS2
£73.5K05/210.85 mi35, Lutwidge Avenue, Preston, Lancashire PR1 5HS2
£90K05/230.85 mi30, Lutwidge Avenue, Preston, Lancashire PR1 5HS2
£75K04/230.85 mi30, Acregate Lane, Preston, Lancashire PR1 5QN2
£160K10/210.85 mi43, Chorley Road, Walton Le Dale, Preston, Lancashire PR5 4JA2
£76K11/210.86 mi3, Raikes Road, Preston, Lancashire PR1 5EQ2
£115K03/230.91 mi65, Oxley Road, Preston, Lancashire PR1 5QJ2
£62.8K04/210.93 mi79, Raikes Road, Preston, Lancashire PR1 5ER2
£75K08/210.93 mi58, Raikes Road, Preston, Lancashire PR1 5ER2

Local Rents

49 rents from £525/mo to £1.1K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£65008/240 miJames Street Preston PR1 4JX2
£70006/240 miJames Street, Preston, Lancashire, PR12
£79508/240.11 miCoronation Crescent, Frenchwood, Preston, PR12
£75001/250.15 mi-2
£75012/240.18 mi-2
£57503/250.2 mi-2
£75007/240.2 mi-2
£75007/240.27 mi-2
£75007/240.27 miWalker Place, Preston, PR12
£75007/240.27 miWalker Place, Preston, PR12
£69507/240.3 miAshworth Court, Preston2
£85011/240.31 mi-2
£75002/250.32 mi-2
£52507/240.32 miSandown Court, Preston2
£72507/240.32 miManchester Road, Preston2
£67506/240.32 miAbram House, Manchester Road, Preston, Lancashire, PR12
£84906/240.34 mi-2
£65002/250.34 mi-2
£75007/240.34 miAvenham Lane, Preston2
£77507/240.34 miSandown Court, Avensham Lane, Preston, PR1 3RP2
£70006/240.36 miSandown Court, Preston2
£84906/240.37 miBank Parade Preston PR1 3TA2
£75006/240.37 mi-2
£79510/230.37 miWolseley Place, Preston, Lancashire, PR12
£79506/240.37 miCity Views, Prestion, PR1 3QE2
£1,00011/240.38 mi-2
£93003/250.38 mi-2
£95004/250.38 mi-2
£57506/240.39 miKayley House, Preston2
£57507/240.39 miKayley House, New Hall Lane, Preston2
£67507/240.39 miMercer Street, Preston, PR12
£75008/240.4 mi-2
£75008/240.4 mi-2
£70006/240.4 miWoodrow House,Mercer Street, Preston, PR1 4LQ2
£85003/250.4 mi-2
£99706/240.41 miLatham Street Flat, PRESTON, Lancashire PR1 3TE2
£1,00006/240.41 mi-2
£1,00006/240.41 mi-2
£1,10006/240.41 mi-2
£1,10006/240.41 mi-2
£1,00006/240.41 mi-2
£1,00006/240.41 mi-2
£87506/240.41 miThe Exchange, Pole Street, PR12
£69507/240.41 miCity Court Preston PR1 1DY2
£75006/240.43 miCentenary Mill, New Hall Lane2
£80008/240.43 miCentenary Mill, Preston2
£79508/240.43 miCentenary Mill Court, New Hall Lane, Preston, PR12
£90007/240.43 mi-2
£1,00006/240.43 mi-2

Local Area Statistics

Population in PR1

72,064

Population in Preston

286,036

Town centre distance

0.91 miles away

Nearest school

0.20 miles away

Nearest train station

0.82 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+3%

Sales demand

Seller's market

Capital growth (5yrs)

+17%

Property History

Listed for £130,000

February 1, 2023

Sold for £70,000

2010

Description

This two bedroom terraced property is situated in a popular location, close to local amenities with easy access to Preston city centre, local transport links and University.

This is an ideal investment opportunity and internal viewing is highly recommended.

The ground floor accommodation comprises lounge and a fitted kitchen. To the first floor there are two bedrooms and a bathroom suite.

This is a superb buy to let property in a great location, which is sure to sell quickly.

Tenure: Freehold

Agent Details

North West Homes, Preston

01772 821313

Next Steps?

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