3 Bed Semi-Detached House, Refurb/BRRR, Preston, PR5 4TA, £189,950

Duddle Lane, Walton-le-Dale, Preston, Lancashire, PR5 4TA - 4 views - 7 months ago

Sold STC
Refurb/BRRR
ROI: 1%
~93 m²
+12 photos

ValuationOvervalued

Sold Prices£62.5K - £285K
Sold Prices/m²£906/m² - £3.6K/m²

 

 

Square Metres

~93 m²
Price/m²£2K/m²

Value Estimate

£185,608

 

 

End Value (After Refurb)

£206,076

Uplift in Value

+8%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£47,488

Stamp Duty & Legal Fees

£6,899

Refurb Costs

£39,428

Bridging Loan Interest

£4,986

Total Cash In

£100,551

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£206,076

Mortgage (After Refinance)

£154,557

Mortgage LTV

75%

Cash Released

£12,095

Cash Left In

£88,456

Equity

£51,519

Rent Range

£695 - £1,500

Rent Estimate

£970

Running Costs/mo

£858

Cashflow/mo

£112

Cashflow/yr

£1,344

ROI

1%

Gross Yield

6%

Local Sold Prices

50 sold prices from £62.5K to £285K, average is £168.5K. £906/m² to £3.6K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£218K11/200 mi118, Duddle Lane, Walton Le Dale, Preston, Lancashire PR5 4TA3
£175K03/210.04 mi15, Grasmere Close, Walton Le Dale, Preston, Lancashire PR5 4RR3
£140K03/210.09 mi9, Ambleside Close, Walton Le Dale, Preston, Lancashire PR5 4RS3
£210K11/200.1 mi19, Wellington Place, Walton Le Dale, Preston, Lancashire PR5 4TR3
£186K05/230.11 mi11, Selkirk Drive, Walton Le Dale, Preston, Lancashire PR5 4TJ3
£170K10/210.14 mi2, Pear Tree Close, Walton Le Dale, Preston, Lancashire PR5 4RH3
£195K02/210.15 mi29, Renshaw Drive, Walton Le Dale, Preston, Lancashire PR5 4RB3
£165K12/200.15 mi39, Rydal Avenue, Walton Le Dale, Preston, Lancashire PR5 4RU3
£134K11/200.15 mi11, Rydal Avenue, Walton Le Dale, Preston, Lancashire PR5 4RU3
£148K05/210.16 mi24, Holland Avenue, Walton Le Dale, Preston, Lancashire PR5 4RJ3
£142K07/210.16 mi14, Kentmere Avenue, Walton Le Dale, Preston, Lancashire PR5 4RX3
£238K12/220.17 mi42, Coniston Drive, Walton Le Dale, Preston, Lancashire PR5 4RP3
£265K11/200.17 mi46, Coniston Drive, Walton Le Dale, Preston, Lancashire PR5 4RP3
£165K03/210.17 mi42, Coniston Drive, Walton Le Dale, Preston, Lancashire PR5 4RP3
£180K01/210.19 mi44, Duddle Lane, Walton Le Dale, Preston, Lancashire PR5 4UD3
£200K01/230.21 mi47, Pear Tree Crescent, Walton Le Dale, Preston, Lancashire PR5 4RE3
£197K09/210.21 mi30, Severn Drive, Walton Le Dale, Preston, Lancashire PR5 4TE3
£165K04/210.21 mi2, Severn Drive, Walton Le Dale, Preston, Lancashire PR5 4TE3
£136K11/200.21 mi60, Longbrook Avenue, Bamber Bridge, Preston, Lancashire PR5 6XG3
£220K01/210.23 mi8, Neath Close, Walton Le Dale, Preston, Lancashire PR5 4NE3
£235K10/200.24 mi17, Odell Way, Walton Le Dale, Preston, Lancashire PR5 4ND3
£179K12/200.25 mi5, Lowesby Close, Walton Le Dale, Preston, Lancashire PR5 4NF3
£190K05/210.25 mi14, Lowesby Close, Walton Le Dale, Preston, Lancashire PR5 4NF3
£150.5K11/210.26 mi50, Station Road, Bamber Bridge, Preston, Lancashire PR5 6QL3
£165K11/220.28 mi15, Longbrook Avenue, Bamber Bridge, Preston, Lancashire PR5 6XB3
£110K10/200.3 mi26, Dean Street, Bamber Bridge, Preston, Lancashire PR5 6GP3
£200K04/230.31 mi20, St Marys Avenue, Walton Le Dale, Preston, Lancashire PR5 4UE3
£285K12/220.31 mi52, Hampshire Road, Walton Le Dale, Preston, Lancashire PR5 4NH3
£150K12/200.33 mi45, Windsor Road, Walton Le Dale, Preston, Lancashire PR5 4GE3
£80.5K11/200.33 mi64, Windsor Road, Walton Le Dale, Preston, Lancashire PR5 4GE3
£140K06/210.33 mi17, Sandringham Road, Walton Le Dale, Preston, Lancashire PR5 4QN3
£120K07/210.33 mi22, Sandringham Road, Walton Le Dale, Preston, Lancashire PR5 4QN3
£62.5K02/210.34 mi29, St Aidans Park, Bamber Bridge, Preston, Lancashire PR5 6HG3
£180K08/230.35 mi15, Balmoral Road, Walton Le Dale, Preston, Lancashire PR5 4GN3
£270K04/230.35 mi61, Hampshire Road, Walton Le Dale, Preston, Lancashire PR5 4NJ3
£153.8K03/210.36 mi9, Somersby Close, Walton Le Dale, Preston, Lancashire PR5 4LY3
£253K12/220.36 mi7, Somersby Close, Walton Le Dale, Preston, Lancashire PR5 4LY3
£184.5K03/210.37 mi142, Chorley Road, Walton Le Dale, Preston, Lancashire PR5 4PA3
£165.5K03/210.37 mi20, St Marys Close, Walton Le Dale, Preston, Lancashire PR5 4UN3
£159.9K12/210.38 mi40, Skipton Close, Bamber Bridge, Preston, Lancashire PR5 6HF3
£169.9K03/230.38 mi29, Skipton Close, Bamber Bridge, Preston, Lancashire PR5 6HF3
£165K01/230.38 mi42, Skipton Close, Bamber Bridge, Preston, Lancashire PR5 6HF3
£165K12/200.38 mi37, Skipton Close, Bamber Bridge, Preston, Lancashire PR5 6HF3
£175K07/230.38 mi7, Skipton Close, Bamber Bridge, Preston, Lancashire PR5 6HF3
£167K07/230.38 mi12, Skipton Close, Bamber Bridge, Preston, Lancashire PR5 6HF3
£200K02/210.38 mi7, Beechill Close, Walton Le Dale, Preston, Lancashire PR5 4LF3
£265K06/230.38 mi8, Crowell Way, Walton Le Dale, Preston, Lancashire PR5 4LG3
£87.5K07/230.39 mi85, School Lane, Bamber Bridge, Preston, Lancashire PR5 6QE3
£145K07/230.39 mi29, Brownedge Lane, Bamber Bridge, Preston, Lancashire PR5 6TA3
£105K10/200.41 mi7, John Street, Bamber Bridge, Preston, Lancashire PR5 6TJ3

Local Rents

23 rents from £695/mo to £1.5K/mo, average is £975/mo.

RentDateDistanceAddressBeds 
£72512/240.4 mi-3
£82512/240.44 miJames Street, Bamber Bridge, Preston3
£90012/240.46 miHolland House Road, Walton Le Dale3
£1,00012/240.46 miBrampton Drive, Bamber Bridge3
£89506/240.48 miCollins Road, Bamber Bridge3
£1,10006/240.48 miGarforth Crescent,Bamber Bridge,PR5 6SS ***PETS WELCOME***3
£1,50012/240.52 miTodd Lane North, Lostock Hall3
£85006/240.53 miKilngate, Lostock Hall, Preston3
£97506/240.55 miFareham Close, Walton-le-Dale, Preston, PR53
£80006/240.76 miCambridge Road, Bamber Bridge3
£77512/240.87 mi-3
£1,15006/240.9 miSpinners Avenue, Bamber Bridge, Preston3
£1,47506/240.9 miSpinners Avenue, Wren Green Bamber Bridge3
£1,19512/240.95 mi-3
£1,10003/250.98 mi-3
£1,10002/250.98 mi-3
£1,25006/241.02 miElmtree Avenue, Penwortham, Preston3
£1,30001/251.06 mi-3
£77512/241.11 miWatkin Lane, Lostock Hall, Preston3
£1,10003/251.13 mi-3
£69502/241.14 mi-3
£75006/241.19 mi-3
£79502/241.22 mi-3

Local Area Statistics

Population in PR5

40,828

Population in Preston

286,036

Town centre distance

2.46 miles away

Nearest school

0.20 miles away

Nearest train station

0.67 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+1%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £189,950

September 3, 2024

Floor Plans

Description

  • Three Bedrooms +
  • Off Street Parking +
  • Garage +
  • Sun Room +
  • Front & Rear Gardens +
  • No Chain Delay +

Three bedroom semi-detached house with private rear garden offering a buyer a property which you can put your own mark on. The property is need of upgrade and modernisation through out and is priced accordingly for the area.

The accommodation briefly comprises of; entrance hallway with stairs leading to the first floor, sliding doors into the good sized lounge with electric fire, a further set of sliding doors opens up into the separate dining room and then leading onto a sun room at the rear of the property. The ground floor accommodation is finished off with the kitchen which has plenty of storage cupboards and built in oven and induction hob.

To the first floor there is three good sized bedrooms, family bathroom with separate toilet and access to the loft from the landing area via a pull down ladder. To the outside of the property there is off street parking for several cars, front garden, garage and fantastic sized sun trap rear garden with mature plants and shrubs. The property also benefits from double glazing throughout and gas central heating.

No chain delay and early viewing is highly recommended to appreciate the potential this property offers.

Agent Details

Bridgfords, Bamber Bridge

01772 287078

Next Steps?

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