2 Bed Flat, Single Let, Preston, PR1 8PX, £85,000
Burleigh Road, Preston, PR1 8PX - 4 views - a year ago
BTL
ROI: 7%
~68 m²





+2 photos
ValuationUndervalued
Sold Prices | £50K - £170K |
Sold Prices/m² | £1.1K/m² - £3.3K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £1.2K/m² |
Value Estimate | £106,250 |
BMV | 25% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £21,250 |
Stamp Duty & Legal Fees | £3,750 |
Total Cash In | £25,000 |
| |
Cash Out | |
Rent Range | £675 - £2,185 |
Rent Estimate | £550 |
Running Costs/mo | £396 |
Cashflow/mo | £154 |
Cashflow/yr | £1,853 |
ROI | 7% |
Gross Yield | 8% |
Local Sold Prices
27 sold prices from £50K to £170K, average is £105K. £1.1K/m² to £3.3K/m², average is £1.6K/m².
Local Rents
50 rents from £675/mo to £2.2K/mo, average is £997/mo.
Local Area Statistics
Population in PR1 | 72,064 |
Population in Preston | 286,036 |
Town centre distance | 1.27 miles away |
Nearest school | 0.40 miles away |
Nearest train station | 0.29 miles away |
| |
Rental demand | Tenant's market |
Rental growth (12m) | +3% |
Sales demand | Seller's market |
Capital growth (5yrs) | +17% |
Property History
Listed for £85,000
April 19, 2024
Floor Plans

Description
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