2 Bed Terraced House, Single Let, Preston, PR1 4LB, £99,000

Selborne Street Preston PR1 4LB - 4 views - 8 months ago

Under Offer
BTL
ROI: 5%
~68 m²

ValuationOvervalued

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

 

 

Square Metres

~68.11 m²
Price/m²£1.5K/m²

Value Estimate

£91,674

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£24,750

Stamp Duty & Legal Fees

£4,170

Total Cash In

£28,920

 

 

Cash Out

 

Rent Range

£525 - £1,100

Rent Estimate

£575

Running Costs/mo

£444

Cashflow/mo

£131

Cashflow/yr

£1,568

ROI

5%

Gross Yield

7%

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 
£80K05/210.06 mi44, Trower Street, Preston, Lancashire PR1 4LY2
£85K06/210.09 mi25, Coronation Crescent, Preston, Lancashire PR1 4JY2
£110K05/230.18 mi167, London Road, Preston, Lancashire PR1 4BA2
£100K02/230.22 mi19, Alexandra Street, Preston, Lancashire PR1 4BL2
£96K03/230.24 mi41, Brockholes View, Preston, Lancashire PR1 4BH2
£92K03/230.37 mi8, Wolseley Place, Preston, Lancashire PR1 3XJ2
£110K01/230.42 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
£130K05/210.52 mi7, Edward Street, Walton Le Dale, Preston, Lancashire PR5 4BY2
£116K04/210.52 mi23, Edward Street, Walton Le Dale, Preston, Lancashire PR5 4BY2
£167K01/230.53 mi45, Victoria Road, Walton Le Dale, Preston, Lancashire PR5 4AA2
£69.5K06/210.58 mi9, Scotforth Road, Preston, Lancashire PR1 4XX2
£105K07/230.59 mi46, Chatsworth Street, Preston, Lancashire PR1 4XY2
£200K04/230.61 mi70, Fishwick View, Preston, Lancashire PR1 4YB2
£80K04/230.65 mi19, Caroline Street, Preston, Lancashire PR1 5UX2
£70K04/210.65 mi26, Dundonald Street, Preston, Lancashire PR1 4SN2
£100K03/210.68 mi15, Garden Street, Preston, Lancashire PR1 8BT2
£127K02/210.68 mi6, Cliffe Court, Preston, Lancashire PR1 4QB2
£75K03/230.68 mi35, Rigby Street, Preston, Lancashire PR1 5XL2
£66K12/210.69 mi8, Derby Square, Preston, Lancashire PR1 5XN2
£82K12/210.69 mi2, St Lukes Place, Preston, Lancashire PR1 5DE2
£88K03/230.69 mi4, St Lukes Place, Preston, Lancashire PR1 5DE2
£83K05/230.69 mi63, Lincoln Street, Preston, Lancashire PR1 6RE2
£55K04/210.74 mi4, Elijah Street, Preston, Lancashire PR1 4SR2
£75K06/230.74 mi35, Samuel Street, Preston, Lancashire PR1 4YE2
£79K04/210.75 mi24, Andrew Street, Preston, Lancashire PR1 5HU2
£70K02/230.76 mi10, Denville Road, Preston, Lancashire PR1 5XU2
£75K08/230.78 mi42, Salisbury Street, Preston, Lancashire PR1 5YL2
£95K01/230.79 mi136, Skeffington Road, Preston, Lancashire PR1 5HD2
£102K02/230.79 mi159, Skeffington Road, Preston, Lancashire PR1 5HD2
£83K12/200.79 mi10, Holman Street, Preston, Lancashire PR1 5HB2
£145K11/210.79 mi75, Victoria Road, Walton Le Dale, Preston, Lancashire PR5 4BA2
£95K04/230.79 mi24, Castleton Road, Preston, Lancashire PR1 6QE2
£88K02/210.79 mi84, Castleton Road, Preston, Lancashire PR1 6QE2
£95K02/230.79 mi12, Castleton Road, Preston, Lancashire PR1 6QE2
£76K11/210.81 mi3, Tunbridge Street, Preston, Lancashire PR1 5YP2
£70K03/210.82 mi15, Stafford Road, Preston, Lancashire PR1 6LB2
£88.5K05/230.83 mi12, Lutwidge Avenue, Preston, Lancashire PR1 5HS2
£105K06/230.83 mi27, Lutwidge Avenue, Preston, Lancashire PR1 5HS2
£73.5K05/210.83 mi35, Lutwidge Avenue, Preston, Lancashire PR1 5HS2
£90K05/230.83 mi30, Lutwidge Avenue, Preston, Lancashire PR1 5HS2
£163K08/230.83 mi4, Kings Croft, Walton Le Dale, Preston, Lancashire PR5 4BD2
£75K04/230.83 mi30, Acregate Lane, Preston, Lancashire PR1 5QN2
£76K11/210.84 mi3, Raikes Road, Preston, Lancashire PR1 5EQ2
£140K07/230.85 mi9, Walton Green, Walton Le Dale, Preston, Lancashire PR5 4JL2
£160K10/210.86 mi43, Chorley Road, Walton Le Dale, Preston, Lancashire PR5 4JA2
£115K03/230.89 mi65, Oxley Road, Preston, Lancashire PR1 5QJ2
£62.8K04/210.91 mi79, Raikes Road, Preston, Lancashire PR1 5ER2
£75K08/210.91 mi58, Raikes Road, Preston, Lancashire PR1 5ER2

Local Rents

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

RentDateDistanceAddressBeds 
£65008/240.02 miJames Street Preston PR1 4JX2
£70006/240.03 miJames Street, Preston, Lancashire, PR12
£79508/240.1 miCoronation Crescent, Frenchwood, Preston, PR12
£75001/250.14 mi-2
£75012/240.15 mi-2
£57503/250.18 mi-2
£75007/240.21 mi-2
£75007/240.26 mi-2
£75007/240.26 miWalker Place, Preston, PR12
£75007/240.26 miWalker Place, Preston, PR12
£85011/240.3 mi-2
£72507/240.32 miManchester Road, Preston2
£67506/240.32 miAbram House, Manchester Road, Preston, Lancashire, PR12
£69507/240.32 miAshworth Court, Preston2
£75002/250.33 mi-2
£52507/240.33 miSandown Court, Preston2
£65002/250.34 mi-2
£75007/240.35 miAvenham Lane, Preston2
£77507/240.35 miSandown Court, Avensham Lane, Preston, PR1 3RP2
£84906/240.35 mi-2
£1,00011/240.37 mi-2
£93003/250.37 mi-2
£95004/250.37 mi-2
£57506/240.37 miKayley House, Preston2
£57507/240.37 miKayley House, New Hall Lane, Preston2
£67507/240.37 miMercer Street, Preston, PR12
£75008/240.37 mi-2
£75008/240.37 mi-2
£70006/240.37 miSandown Court, Preston2
£70006/240.37 miWoodrow House,Mercer Street, Preston, PR1 4LQ2
£79510/230.37 miWolseley Place, Preston, Lancashire, PR12
£85003/250.37 mi-2
£75006/240.38 mi-2
£79506/240.38 miCity Views, Prestion, PR1 3QE2
£84906/240.38 miBank Parade Preston PR1 3TA2
£1,00006/240.4 mi-2
£1,00006/240.4 mi-2
£1,10006/240.4 mi-2
£1,10006/240.4 mi-2
£1,00006/240.4 mi-2
£1,00006/240.4 mi-2
£87506/240.4 miThe Exchange, Pole Street, PR12
£69507/240.4 miCity Court Preston PR1 1DY2
£75006/240.4 miCentenary Mill, New Hall Lane2
£80008/240.4 miCentenary Mill, Preston2
£79508/240.4 miCentenary Mill Court, New Hall Lane, Preston, PR12
£89501/250.41 mi-2
£1,00004/250.41 mi-2
£89506/240.41 mi-2

Local Area Statistics

Population in PR1

72,064

Population in Preston

286,036

Town centre distance

0.89 miles away

Nearest school

0.20 miles away

Nearest train station

0.83 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+3%

Sales demand

Seller's market

Capital growth (5yrs)

+17%

Property History

Listed for £99,000

September 2, 2024

Floor Plans

Description

  • Fantastic Investment Opportunity +
  • Popular City Centre Location +
  • Two Spacious Bedrooms +
  • Fitted Bathroom & Kitchen +
  • Yard to the Rear +

Jones Cameron are pleased to bring to the market for sale this lovely two bedroom mid terrace in Selborne Street, Preston. 

The home is well presented throughout and has a welcoming lounge, fitted kitchen, two good sized bedrooms and a family bathroom. It also benefits from a yard to the rear.

Call now to book your viewing

Agent Details

Jones Cameron Estate Agents, Preston

01772 419827

Next Steps?

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