2 Bed Terraced House, Single Let, Carnforth, LA5 9LZ, £80,000

2 Hawk Street, Carnforth, Lancashire, LA5 9LZ - 3 views - 7 months ago

Sold STC
Auction
BTL
ROI: 10%
76 m²
+10 photos

ValuationUndervalued

Sold Prices£72K - £358K
Sold Prices/m²£1.3K/m² - £4.5K/m²

 

 

Square Metres

76 m²
Price/m²£1.1K/m²

Value Estimate

£96,800
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£20,000

Stamp Duty & Legal Fees

£3,600

Total Cash In

£23,600

 

 

Cash Out

 

Rent Range

£575 - £1,800

Rent Estimate

£595

Running Costs/mo

£389

Cashflow/mo

£206

Cashflow/yr

£2,472

ROI

10%

Gross Yield

9%

Local Sold Prices

50 sold prices from £72K to £358K, average is £134.3K. £1.3K/m² to £4.5K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£140K05/230.03 mi73, North Road, Carnforth, Lancashire LA5 9NA2
£97.3K12/200.03 mi86, North Road, Carnforth, Lancashire LA5 9NA2
£100K10/200.06 mi87, Market Street, Carnforth, Lancashire LA5 9LL2
£110K06/230.06 mi83, Market Street, Carnforth, Lancashire LA5 9LL2
£132.5K12/220.14 mi9, Preston Street, Carnforth, Lancashire LA5 9BY2
£155K08/210.16 mi35, Bridgeside, Carnforth, Lancashire LA5 9LF2
£125K12/200.17 mi11, Edward Street, Carnforth, Lancashire LA5 9DA2
£107.5K12/200.17 mi3, Edward Street, Carnforth, Lancashire LA5 9DA2
£152.5K08/230.19 mi10, New Street, Carnforth, Lancashire LA5 9BX2
£155K12/220.22 mi19, Haws Hill, Carnforth, Lancashire LA5 9DD2
£145.1K12/220.22 mi13, Oxford Street, Carnforth, Lancashire LA5 9LG2
£120K03/210.22 mi23, Haws Hill, Carnforth, Lancashire LA5 9DD2
£152.5K08/230.23 mi45, Haws Hill, Carnforth, Lancashire LA5 9DD2
£240K10/220.25 mi131, North Road, Carnforth, Lancashire LA5 9LU2
£140K10/220.25 mi17, Stanley Street, Carnforth, Lancashire LA5 9DX2
£137K09/210.28 mi43, Hill Street, Carnforth, Lancashire LA5 9DY2
£136K04/230.28 mi14, Hill Street, Carnforth, Lancashire LA5 9DY2
£143K07/230.28 mi41, Hill Street, Carnforth, Lancashire LA5 9DY2
£105K02/210.28 mi41, Hill Street, Carnforth, Lancashire LA5 9DY2
£112K04/210.28 mi27, Hill Street, Carnforth, Lancashire LA5 9DY2
£130K12/200.28 mi2, Hill Street, Carnforth, Lancashire LA5 9DY2
£136K12/220.28 mi6, Hill Street, Carnforth, Lancashire LA5 9DY2
£100K11/200.28 mi134, Kellet Road, Carnforth, Lancashire LA5 9LS2
£148K04/210.3 mi18, King Street, Carnforth, Lancashire LA5 9DU2
£160K07/230.31 mi14, Towpath Walk, Carnforth, Lancashire LA5 9JS2
£123K06/210.32 mi22, Russell Road, Carnforth, Lancashire LA5 9AQ2
£115K11/220.32 mi130, Kellet Road, Carnforth, Lancashire LA5 9LS2
£130K12/220.32 mi24, Russell Road, Carnforth, Lancashire LA5 9AQ2
£126K09/210.33 mi39, Highfield Road, Carnforth, Lancashire LA5 9AH2
£93K05/210.33 mi49, Highfield Road, Carnforth, Lancashire LA5 9AH2
£132.5K06/230.33 mi43, Highfield Road, Carnforth, Lancashire LA5 9AH2
£90K11/200.35 mi20, Fairfield Close, Carnforth, Lancashire LA5 9XL2
£185K12/220.41 mi146, Lancaster Road, Carnforth, Lancashire LA5 9EA2
£142.5K01/210.41 mi37, Grosvenor Place, Carnforth, Lancashire LA5 9DL2
£157K04/210.41 mi126, Lancaster Road, Carnforth, Lancashire LA5 9EA2
£185K10/220.41 mi138, Lancaster Road, Carnforth, Lancashire LA5 9EA2
£155K01/210.42 mi8, Victoria Street, Carnforth, Lancashire LA5 9DP2
£185K12/220.42 mi9, Victoria Street, Carnforth, Lancashire LA5 9DP2
£159.3K04/230.48 mi27, Victoria Street, Carnforth, Lancashire LA5 9ED2
£142K06/210.51 mi137, Lancaster Road, Carnforth, Lancashire LA5 9EE2
£103K11/200.52 mi1, Albert Street, Millhead, Carnforth, Lancashire LA5 9DR2
£90K12/200.52 mi11, Albert Street, Millhead, Carnforth, Lancashire LA5 9DR2
£126K06/230.52 mi1, Albert Street, Millhead, Carnforth, Lancashire LA5 9DR2
£114K03/230.52 mi10, William Street, Carnforth, Lancashire LA5 9HE2
£100K03/210.52 mi8, William Street, Carnforth, Lancashire LA5 9HE2
£98K02/210.52 mi6, William Street, Carnforth, Lancashire LA5 9HE2
£358K10/220.54 miNetherbeck Cottage, North Road, Carnforth, Lancashire LA5 9NG2
£155K09/230.54 mi4, Rupert Street, Carnforth, Lancashire LA5 9UU2
£290K06/230.56 mi3, Bowland Close, Carnforth, Lancashire LA5 9UP2
£72K03/230.56 mi11, Mary Street, Carnforth, Lancashire LA5 9HJ2

Local Rents

30 rents from £575/mo to £1.8K/mo, average is £885/mo.

RentDateDistanceAddressBeds 
£67508/240 mi-2
£79504/240.01 miNorth Road, Carnforth, LA52
£1,25004/240.16 miLancaster Road, Carnforth, LA54
£87504/240.17 miEdward Street, Carnforth3
£75004/240.19 miJohn Street, Carnforth, Lancashire, LA5 9ER1
£60012/240.22 mi-1
£65002/250.22 mi-1
£65004/240.29 mi-2
£95011/240.31 mi-3
£59504/240.52 mi-2
£70004/240.52 miAlbert Street, Millhead, Carnforth2
£61505/240.53 mi22 Albert Street, Millhead, Carnforth, Lancashire, LA5 9DR1
£57505/240.56 mi-2
£65005/240.59 mi-2
£1,15011/240.61 mi-3
£79505/240.69 miHoward Mews, Carnforth, LA5 9UH2
£95003/250.83 mi-3
£59502/241.12 mi-2
£1,05004/241.48 miLymmcott, 43 Hawthorn Road, Bolton Le Sands, Carnforth, LA5 8EH2
£1,25002/251.48 mi-2
£67512/241.55 mi-1
£89505/241.7 miMill Lane, Bolton Le Sands, Carnforth3
£89505/241.7 miMill Lane, Bolton Le Sands, Carnforth3
£1,50004/241.75 miShaw Lane, Nether Kellet, Carnforth, Lancashire4
£92504/241.9 mi-2
£97505/241.93 miMonkswell Avenue, Bolton Le Sands, Carnforth2
£1,75004/242 miHillcrest Avenue, Bolton Le Sands, Carnforth4
£99504/242.05 miFern Lea, Bolton Le Sands, Carnforth2
£1,80004/242.38 miYealand Road, Yealand Conyers, Carnforth4
£1,80004/242.38 miYealand Road, Yealand Conyers, Carnforth4

Local Area Statistics

Population in LA5

16,353

Population in Carnforth

29,230

Town centre distance

0.97 miles away

Nearest school

0.10 miles away

Nearest train station

0.26 miles away

 

 

Rental growth (12m)

-26%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £80,000

August 22, 2024

Sold for £22,000

1996

Floor Plans

Description

  • End Terraced Property +
  • Two Bedrooms +
  • Investment Opportunity +
  • Two Reception Rooms +
  • Three Piece Bathroom +
  • Enclosed Rear Yard +
  • On Street Parking +
  • Freehold +
  • Council Tax Band: B +
  • EPC Rating: +

Welcome to Hawk Street, Carnforth - a charming location for this delightful end terrace house. This property boasts two reception rooms, perfect for entertaining guests or simply relaxing with your loved ones. With two cosy bedrooms, you'll have plenty of space for a growing family or to accommodate guests. The bathroom provides convenience and comfort for your daily routines.

Auction Details
To be sold via Online Auction, via unconditional terms,completion strictly within 28 days
Bidding window opens - 16/10/2024 and at 9:00am
Auction Ends- 16/10/2024 and at 15:00pm
Starting price - £80,000 (Reserve price is higher & unpublished)

Fees
All fees are payable by banks transfer only (we do not take card payments )
Buyers premium - Please note that there is a buyers premium that applies to this lot ( £5000 including VAT ) payable by the buyer within 2 hours of winning the auction. The buyers premium does not constitute part of the sale price, this is the auctioneers fee and is to be paid over and above the sale price paid to the vendor.

Searches - searches have been ordered and will be made available for download from The Auction Groups website prior to bidding taking place.

Viewings

To view the property please visit The Auction Groups website - for viewing availability and to register your interest. It is highly recommended that you carry out any required due diligence prior to placing an offer on a property.

Ground Floor -

Hall - Hardwood entrance door, stairs to lower ground floor and first floor, door reception room one and open to reception room two.

Reception Room One - 3.96m 0.30m x 2.74m (13' 1 x 9') - Two UPVC double glazed windows and central heating radiator.

Reception Room Two - 3.58m x 3.35m (11'9 x 11') - UPVC double glazed window, central heating radiator, storage cupboard and open access to kitchen.

Kitchen - 3.58m x 2.06m (11'9 x 6'9) - UPVC double glazed window, wall and base units, laminate worktops, one and half bowl stainless steel sink with draining board and mixer tap, integrated single oven, four ring electric hob, extractor hood, tiled splash back, space for fridge freezer, tiled flooring and UPVC door to rear.

Lower Ground Floor -

Cellar - 3.35m x 2.74m (11' x 9') -

First Floor -

Landing - 3.51m x 1.96m (11'6 x 6'5) - Doors to two bedrooms

Bedroom One - 3.51m x 2.77m (11'6 x 9'1) - Two UPVC double glazed windows and central heating radiator.

Bedroom Two - 3.51m x 3.07m (11'6 x 10'1) - UPVC double glazed window, central heating radiator and door to bathroom

Bathroom - 3.48m x 2.44m (11'5 x 8') - UPVC double glazed window, central heating radiator, low level WC, pedestal wash basin with mixer tap, P shaped bath with electric feed shower over, two storage cupboards, part tiled elevation and wood effect flooring.

External -

Rear - Enclosed paved yard.

Agent Details

R&B Estate Agents, Lancaster

01524 967797

Next Steps?

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