2 Bed Terraced House, Single Let, Accrington, BB5 0EX, £82,999

Spring Hill Road, Accrington, BB5 0EX - 10 months ago

Under Offer
BTL
ROI: 7%
~68 m²
+10 photos

ValuationOvervalued

Sold Prices£44K - £164K
Sold Prices/m²£342/m² - £2.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.2K/m²

Value Estimate

£67,270

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£20,750

Stamp Duty & Legal Fees

£5,350

Total Cash In

£26,100

 

 

Cash Out

 

Rent Range

£550 - £650

Rent Estimate

£550

Running Costs/mo

£389

Cashflow/mo

£161

Cashflow/yr

£1,928

ROI

7%

Gross Yield

8%

Local Sold Prices

50 sold prices from £44K to £164K, average is £75K. £342/m² to £2.4K/m², average is £988/m².

PriceDateDistanceAddressBeds 
£62K12/200 mi14, Spring Hill Road, Accrington, Lancashire BB5 0EX2
£68K12/210.03 mi36, Spring Street, Accrington, Lancashire BB5 0HF2
£47K11/200.04 mi55, Spring Street, Accrington, Lancashire BB5 0HE2
£70K03/230.05 mi13, Pickup Street, Accrington, Lancashire BB5 0EY2
£62K03/230.06 mi38, Edleston Street, Accrington, Lancashire BB5 0HG2
£55K08/230.07 mi36, Sharples Street, Accrington, Lancashire BB5 0HQ2
£70K03/230.18 mi78, Lonsdale Street, Accrington, Lancashire BB5 0HJ2
£127K04/210.2 mi15, Apple Tree Way, Oswaldtwistle, Accrington, Lancashire BB5 0FB2
£164K11/200.23 mi12, Oakfield Crescent, Oswaldtwistle, Accrington, Lancashire BB5 3AD2
£66K12/200.24 mi56, Exchange Street, Accrington, Lancashire BB5 0JD2
£72K07/210.24 mi4, Queen Street, Oswaldtwistle, Accrington, Lancashire BB5 3DQ2
£80K03/210.26 mi177, Richmond Road, Accrington, Lancashire BB5 0JB2
£67K01/210.27 mi3, South Shore Street, Church, Accrington, Lancashire BB5 0DZ2
£90K08/210.29 mi24, Haworth Street, Oswaldtwistle, Accrington, Lancashire BB5 3EA2
£96K11/200.31 mi5, Paddock Street, Oswaldtwistle, Accrington, Lancashire BB5 3HJ2
£90K08/210.32 mi2, Moorhouse Avenue, Accrington, Lancashire BB5 0JG2
£128K09/210.33 mi77, Lord Street, Oswaldtwistle, Accrington, Lancashire BB5 3EF2
£92K03/230.33 mi63, Lord Street, Oswaldtwistle, Accrington, Lancashire BB5 3EF2
£131K03/230.36 mi12, Cecil Street, Oswaldtwistle, Accrington, Lancashire BB5 3HF2
£61.5K11/210.37 mi54, Primrose Street, Accrington, Lancashire BB5 0HU2
£110K02/230.39 mi27, Alleytroyds, Church, Accrington, Lancashire BB5 0DU2
£91.5K12/200.39 mi38, Rhyddings Street, Oswaldtwistle, Accrington, Lancashire BB5 3ER2
£50K03/230.39 mi3, Milton Street, Oswaldtwistle, Accrington, Lancashire BB5 3LZ2
£133.5K12/200.4 mi12, Yew Tree Drive, Oswaldtwistle, Accrington, Lancashire BB5 3AX2
£143K08/210.4 mi14, Yew Tree Drive, Oswaldtwistle, Accrington, Lancashire BB5 3AX2
£122K02/230.4 mi8, Chapel Street, Oswaldtwistle, Accrington, Lancashire BB5 3EP2
£75K05/230.41 mi7, Chapel Street, Oswaldtwistle, Accrington, Lancashire BB5 3EP2
£95K11/210.41 mi22, Milton Street, Oswaldtwistle, Accrington, Lancashire BB5 3LZ2
£66K02/210.41 mi7, Milton Street, Oswaldtwistle, Accrington, Lancashire BB5 3LZ2
£118K10/210.42 mi8, Charles Street, Oswaldtwistle, Accrington, Lancashire BB5 3EX2
£82K10/210.43 mi130, Willows Lane, Accrington, Lancashire BB5 0LN2
£60.5K11/200.43 mi124, Willows Lane, Accrington, Lancashire BB5 0LN2
£70K05/210.43 mi120, Willows Lane, Accrington, Lancashire BB5 0LN2
£70K06/210.44 mi5, Wesley Street, Church, Accrington, Lancashire BB5 4HB2
£115K10/210.44 mi44, Mill Hill, Oswaldtwistle, Accrington, Lancashire BB5 3LX2
£88.5K01/210.45 mi42, Catlow Hall Street, Oswaldtwistle, Accrington, Lancashire BB5 3EU2
£145K01/230.49 mi24, Fielding Lane, Oswaldtwistle, Accrington, Lancashire BB5 3BH2
£65K10/210.5 mi5, Brook Street, Oswaldtwistle, Accrington, Lancashire BB5 3JA2
£69.5K05/230.5 mi17, Brook Street, Oswaldtwistle, Accrington, Lancashire BB5 3JA2
£49K01/210.5 mi19, Park Road, Accrington, Lancashire BB5 1SU2
£60K07/230.51 mi92, Ormerod Street, Accrington, Lancashire BB5 0QG2
£75K11/210.52 mi28, Emma Street, Accrington, Lancashire BB5 1SW2
£44K05/230.52 mi5, Garbett Street, Accrington, Lancashire BB5 0QJ2
£76K01/210.52 mi18, High Street, Oswaldtwistle, Accrington, Lancashire BB5 3BB2
£60K07/230.53 mi4, Mill Street, Oswaldtwistle, Accrington, Lancashire BB5 3HY2
£101K02/210.53 mi24, Broadfield Street, Oswaldtwistle, Accrington, Lancashire BB5 3BQ2
£127K07/230.53 mi2, Broadfield Street, Oswaldtwistle, Accrington, Lancashire BB5 3BQ2
£67K05/230.53 mi16, Garden Street, Oswaldtwistle, Accrington, Lancashire BB5 3LS2
£80K03/230.54 mi20, Hopwood Street, Accrington, Lancashire BB5 0QF2
£53K04/230.55 mi55, Monk Street, Accrington, Lancashire BB5 1SS2

Local Rents

11 rents from £550/mo to £650/mo, average is £575/mo.

RentDateDistanceAddressBeds 
£55003/240.04 mi-2
£55002/250.07 miEdleston Street, Accrington, Lancashire, BB52
£62512/240.16 miGeorge Street, Oswaldtwistle, Accrington, Lancashire, BB52
£56012/240.29 miBlackpool Street, Church, Accrington, Lancashire, BB52
£57512/240.3 miSlaidburn Drive, Accrington, BB5 2
£57003/250.41 mi-2
£59512/240.45 mi35 Persia Street,Accrington,BB52
£55001/240.58 mi-2
£65002/250.58 mi-2
£59512/240.59 miLion Street, Church, Accrington, Lancashire, BB52
£65002/250.61 mi-2

Local Area Statistics

Population in BB5

61,415

Town centre distance

1.11 miles away

Nearest school

0.20 miles away

Nearest train station

0.30 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+21%

Sales demand

Seller's market

Capital growth (5yrs)

+23%

Property History

Listed for £82,999

June 4, 2024

Floor Plans

Description

  • Traditional Terraced Property +
  • Two Bedrooms +
  • Two Reception Rooms +
  • Ideal First Time Buyer Property +
  • Convenient Access For Motorway Links +

The Property
Traditional two bedroom mid terraced property in a popular location, ideal for first time buyers or young families.

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Blackburn

024 7542 0657

Next Steps?

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