2 Bed Terraced House, Single Let, Preston, PR2 1HL, £130,000

ARCHWAY BUILDINGS Pedders Lane, Preston, Lancashire, PR2 1HL - a year ago

Sold STC
BTL
ROI: 1%
56 m²
+6 photos

ValuationOvervalued

Sold Prices£76K - £219K
Sold Prices/m²£561/m² - £3.3K/m²

 

 

Square Metres

56 m²
Price/m²£2.3K/m²

Value Estimate

£84,301

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£32,500

Stamp Duty & Legal Fees

£5,550

Total Cash In

£38,050

 

 

Cash Out

 

Rent Range

£650 - £1,050

Rent Estimate

£650

Running Costs/mo

£556

Cashflow/mo

£94

Cashflow/yr

£1,125

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £76K to £219K, average is £115.8K. £561/m² to £3.3K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£155K02/210.1 mi4, Mulgrave Avenue, Ashton On Ribble, Preston, Lancashire PR2 1HH2
£133K02/210.14 mi39, Ashton Close, Ashton On Ribble, Preston, Lancashire PR2 1AH2
£219K04/210.15 mi73, Egerton Road, Ashton On Ribble, Preston, Lancashire PR2 1AL2
£182K05/230.21 mi9, Pedders Grove, Ashton On Ribble, Preston, Lancashire PR2 1NS2
£159.9K07/230.37 mi1, Fairfield Drive, Ashton On Ribble, Preston, Lancashire PR2 1JJ2
£140K01/230.38 mi504, Blackpool Road, Ashton On Ribble, Preston, Lancashire PR2 1HY2
£155K02/230.45 miWillow Cottage, Cottam Lane, Ashton On Ribble, Preston, Lancashire PR2 1JS2
£148.3K06/210.47 mi26, Garden Walk, Ashton On Ribble, Preston, Lancashire PR2 1DP2
£160K04/230.48 mi33, Bank Place, Ashton On Ribble, Preston, Lancashire PR2 1DN2
£110K04/230.48 mi4, Clifton Place, Ashton On Ribble, Preston, Lancashire PR2 2LD2
£127.4K03/230.5 mi23, Oswald Road, Ashton On Ribble, Preston, Lancashire PR2 1BT2
£88K01/210.5 mi19, Armstrong Street, Ashton On Ribble, Preston, Lancashire PR2 2LB2
£130K08/230.51 mi41, Ecroyd Road, Ashton On Ribble, Preston, Lancashire PR2 2LA2
£112K12/200.51 mi23, Ecroyd Road, Ashton On Ribble, Preston, Lancashire PR2 2LA2
£85K11/210.51 mi45, Ecroyd Road, Ashton On Ribble, Preston, Lancashire PR2 2LA2
£123.5K03/230.51 mi15, Ecroyd Road, Ashton On Ribble, Preston, Lancashire PR2 2LA2
£120K03/230.51 mi8, Waterloo Terrace, Ashton On Ribble, Preston, Lancashire PR2 1DB2
£107K01/230.51 mi33, Ecroyd Road, Ashton On Ribble, Preston, Lancashire PR2 2LA2
£123.5K07/230.52 mi57, Wellington Road, Ashton On Ribble, Preston, Lancashire PR2 1BU2
£98K05/230.53 mi26, Mersey Street, Ashton On Ribble, Preston, Lancashire PR2 1BB2
£90K11/200.53 mi35, Mersey Street, Ashton On Ribble, Preston, Lancashire PR2 1BB2
£180K12/220.53 mi22, Britannia Drive, Ashton On Ribble, Preston, Lancashire PR2 2YD2
£108K09/210.53 mi85, Waterloo Terrace, Ashton On Ribble, Preston, Lancashire PR2 1DA2
£118.5K03/230.53 mi35, Waterloo Terrace, Ashton On Ribble, Preston, Lancashire PR2 1DA2
£115K11/200.53 mi27, Waterloo Terrace, Ashton On Ribble, Preston, Lancashire PR2 1DA2
£105K11/200.53 mi37, Waterloo Terrace, Ashton On Ribble, Preston, Lancashire PR2 1DA2
£116.5K12/200.53 mi83, Waterloo Terrace, Ashton On Ribble, Preston, Lancashire PR2 1DA2
£158K03/230.56 mi37, Endeavour Close, Ashton On Ribble, Preston, Lancashire PR2 2YG2
£85K12/200.57 mi67, Poulton Street, Ashton On Ribble, Preston, Lancashire PR2 2SA2
£76K03/210.57 mi16, Poulton Street, Ashton On Ribble, Preston, Lancashire PR2 2SA2
£117K06/230.57 mi41, Poulton Street, Ashton On Ribble, Preston, Lancashire PR2 2SA2
£119.4K03/210.57 mi25, Elswick Road, Ashton On Ribble, Preston, Lancashire PR2 1NT2
£102.5K02/210.59 mi32, Swansea Street, Ashton On Ribble, Preston, Lancashire PR2 1AS2
£136K09/230.61 mi10, Weeton Place, Ashton On Ribble, Preston, Lancashire PR2 1LU2
£83K10/200.61 mi33, Larches Lane, Ashton On Ribble, Preston, Lancashire PR2 1PN2
£80K03/210.62 mi7, Flett Street, Ashton On Ribble, Preston, Lancashire PR2 2RX2
£112K03/210.64 mi14, Bulmer Street, Ashton On Ribble, Preston, Lancashire PR2 2SL2
£99K09/210.64 mi3, Colenso Road, Ashton On Ribble, Preston, Lancashire PR2 2LL2
£120K10/230.64 mi1, Ladysmith Road, Ashton On Ribble, Preston, Lancashire PR2 2JP2
£78K08/210.64 mi38, Tulketh Road, Ashton On Ribble, Preston, Lancashire PR2 1AQ2
£95K05/210.64 mi50, Tulketh Road, Ashton On Ribble, Preston, Lancashire PR2 1AQ2
£100K04/230.64 mi15, Belmont Road, Ashton On Ribble, Preston, Lancashire PR2 2LJ2
£98K02/210.65 mi1, Tulketh Crescent, Ashton On Ribble, Preston, Lancashire PR2 2RH2
£112.5K02/230.67 mi132, Stocks Road, Ashton On Ribble, Preston, Lancashire PR2 2JR2
£106K12/200.67 mi228, Stocks Road, Ashton On Ribble, Preston, Lancashire PR2 2JS2
£104.5K03/210.67 mi236, Stocks Road, Ashton On Ribble, Preston, Lancashire PR2 2JS2
£125K02/230.67 mi214, Stocks Road, Ashton On Ribble, Preston, Lancashire PR2 2JS2
£121.5K01/210.67 mi194, Stocks Road, Ashton On Ribble, Preston, Lancashire PR2 2JS2
£117.5K02/230.67 mi186, Stocks Road, Ashton On Ribble, Preston, Lancashire PR2 2JS2
£83K05/230.68 mi13, Nares Street, Ashton On Ribble, Preston, Lancashire PR2 2SS2

Local Rents

48 rents from £650/mo to £1.1K/mo, average is £838/mo.

RentDateDistanceAddressBeds 
£90006/240.15 mi-2
£70007/240.36 miVictoria Parade, Ashton-on-ribble, Preston2
£85006/240.39 mi-2
£85006/240.39 mi-2
£85012/240.39 mi-2
£85006/240.39 miPark View Avenue, Ashton-On-Ribble, Preston, PR22
£79504/250.45 mi-2
£89512/240.45 miNavigation Way, Docklands, Preston, PR22
£65012/240.45 miGarden Court, Tulketh Avenue, Preston, PR22
£90007/240.46 miVictoria Mansions 2
£75012/240.46 mi-2
£70007/240.46 miVictoria Mansions, Docklands2
£1,05012/240.46 miVictoria Mansions, Ashton-On-Ribble2
£82507/240.46 miPrinces Reach, Preston2
£95012/240.47 mi-2
£75012/240.47 mi-2
£85012/240.47 mi-2
£85012/240.47 miBank Place, Ashton-On-Ribble, Preston, PR22
£75006/240.47 miPrinces Reach, Ashton-on-Ribble, Preston, Lancashire, PR22
£79506/240.48 miWatery Lane, Ashton on Ribble, Preston, PR22
£75007/240.49 miDart Street, Ashton-On-Ribble2
£79504/250.49 mi-2
£95012/240.49 mi-2
£70007/240.5 mi-2
£89512/240.5 mi-2
£1,00012/240.5 mi-2
£89507/240.5 miMountbatten Close, Ashton-On-Ribble, Preston, PR22
£95006/240.52 mi-2
£95006/240.52 mi-2
£95006/240.52 miBrampton Street, Ashton-On-Ribble, Preston, PR22
£80007/240.52 mi-2
£79501/250.52 mi-2
£85002/250.53 mi-2
£80003/250.53 mi-2
£87507/240.53 miBritannia Drive, Preston, PR22
£87507/240.54 miBritannia Drive, Ashton-on-Ribble, Preston2
£79507/240.54 miMountbatten Close, Docklands2
£75012/240.54 mi-2
£90002/250.55 mi-2
£80007/240.55 mi-2
£80001/250.55 mi-2
£80003/250.55 mi-2
£72506/240.56 miMaritime Way, Ashton on Ribble, Preston, PR22
£87512/240.56 mi-2
£92506/240.56 miEndeavour Close, Preston, Lancashire, PR22
£80002/250.57 mi-2
£65006/240.59 miTulketh Brow, Preston, PR22
£80012/240.6 mi-2

Local Area Statistics

Population in PR2

77,713

Population in Preston

286,036

Town centre distance

2.05 miles away

Nearest school

0.20 miles away

Nearest train station

1.52 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-7%

Sales demand

Seller's market

Capital growth (5yrs)

+25%

Property History

Price changed to £130,000

January 15, 2025

Price changed to £140,000

December 4, 2024

Listed for £145,000

February 22, 2024

Sold for £140,000

2007

Sold for £133,000

2004

Floor Plans

Description

  • Chain Free +
  • Priced To Sell +
  • Attn: First Time Buyers +
  • Ideal Investment Opportunity +
  • Shops And Amenities Nearby +
  • Close To Schools And Motorways +
  • Close To Public Transport +
  • 2 Bedrooms +
  • 1 Reception Room +
  • Three Piece Bathroom +

Nestled within the private courtyard of The Archways Buildings sits this two bedroom character property. Boasting a bright, spacious and open plan interior, 2 car parking spaces and a garden all set behind electric gates. Ideally located close to local shops, amenities and Ashton Park.
Formerly a coaching house, this property encompasses many original features and details. Internally the property comprises: Lounge, country style kitchen, two bedrooms and a shower room.
Externally there is a paved patio and two car parking spaces.
Tenure: Freehold.
Council Tax Band: C.
Epc rating: D.
Please contact Kingswood.
Fulwood Office: 

77 Watling Street Road, Fulwood, Preston, PR2 8EA

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.

Agent Details

Kingswood, Fulwood

01772 419787

Next Steps?

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