2 Bed Semi-Detached House, Single Let, Preston, PR2 8BD, £160,000

4 Rydal Close, Preston, Lancashire, PR2 8BD - 7 months ago

Under Offer
BTL
ROI: 4%
~68 m²
+7 photos

ValuationOvervalued

Sold Prices£58K - £325K
Sold Prices/m²£833/m² - £3.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.3K/m²

Value Estimate

£114,329

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£6,000

Total Cash In

£46,000

 

 

Cash Out

 

Rent Range

£750 - £1,200

Rent Estimate

£850

Running Costs/mo

£690

Cashflow/mo

£160

Cashflow/yr

£1,920

ROI

4%

Gross Yield

6%

Local Sold Prices

45 sold prices from £58K to £325K, average is £120K. £833/m² to £3.1K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£148.5K07/230.06 mi162, Coniston Road, Fulwood, Preston, Lancashire PR2 8BA2
£142K09/210.1 mi37, Windermere Road, Fulwood, Preston, Lancashire PR2 8AS2
£152K06/230.15 mi19, Windermere Road, Fulwood, Preston, Lancashire PR2 8AR2
£129K01/210.16 mi17, Melrose Avenue, Fulwood, Preston, Lancashire PR2 8DE2
£142K08/210.24 mi13, Moorland Avenue, Ribbleton, Preston, Lancashire PR2 6UQ2
£218.5K04/210.25 mi30, Moorland Avenue, Ribbleton, Preston, Lancashire PR2 6UQ2
£195K04/230.3 mi34, Moorland Crescent, Ribbleton, Preston, Lancashire PR2 6UR2
£120K02/210.41 mi111, Ronaldsway, Preston, Lancashire PR1 6EQ2
£162K07/230.53 mi66, Leesands Close, Fulwood, Preston, Lancashire PR2 9AJ2
£145K09/210.53 mi43, Leesands Close, Fulwood, Preston, Lancashire PR2 9AJ2
£120K06/230.55 mi2, Ingleton Road, Ribbleton, Preston, Lancashire PR2 6UJ2
£155K10/200.57 mi46, Whinsands Close, Fulwood, Preston, Lancashire PR2 9AP2
£143K09/210.57 mi4, Whinsands Close, Fulwood, Preston, Lancashire PR2 9AP2
£140K03/210.57 mi2, Whinsands Close, Fulwood, Preston, Lancashire PR2 9AP2
£90K05/230.61 mi1, Cam Street, Preston, Lancashire PR1 6XN2
£186K11/210.62 mi2, Chapman Road, Fulwood, Preston, Lancashire PR2 8NX2
£141K02/230.68 mi34, Sharoe Green Lane, Fulwood, Preston, Lancashire PR2 8EE2
£115K02/230.74 mi13, Raven Street, Preston, Lancashire PR1 6XU2
£95K12/200.83 mi7, Browning Road, Preston, Lancashire PR1 5SH2
£150K03/210.84 mi7, Whinsands Close, Fulwood, Preston, Lancashire PR2 9AP2
£75.5K12/200.9 mi268, Fletcher Road, Preston, Lancashire PR1 5HJ2
£93K06/210.9 mi311, Fletcher Road, Preston, Lancashire PR1 5HJ2
£95K12/200.9 mi31, Gamull Lane, Ribbleton, Preston, Lancashire PR2 6SJ2
£135K07/210.9 mi80, Masonwood, Fulwood, Preston, Lancashire PR2 8WE2
£147.5K06/230.91 mi20, Masonwood, Fulwood, Preston, Lancashire PR2 8WB2
£62.8K04/210.91 mi79, Raikes Road, Preston, Lancashire PR1 5ER2
£75K08/210.91 mi58, Raikes Road, Preston, Lancashire PR1 5ER2
£134.9K07/210.92 mi22, Danvers Way, Fulwood, Preston, Lancashire PR2 9LN2
£95K01/230.93 mi10, St Cuthberts Road, Preston, Lancashire PR1 6LS2
£325K01/230.93 mi135, Sharoe Green Lane, Fulwood, Preston, Lancashire PR2 8HE2
£88.5K05/230.94 mi12, Lutwidge Avenue, Preston, Lancashire PR1 5HS2
£105K06/230.94 mi27, Lutwidge Avenue, Preston, Lancashire PR1 5HS2
£73.5K05/210.94 mi35, Lutwidge Avenue, Preston, Lancashire PR1 5HS2
£90K05/230.94 mi30, Lutwidge Avenue, Preston, Lancashire PR1 5HS2
£76K11/210.95 mi3, Raikes Road, Preston, Lancashire PR1 5EQ2
£85K07/210.96 mi16, St Stephens Road, Preston, Lancashire PR1 6NT2
£92K05/230.96 mi4, St Stephens Road, Preston, Lancashire PR1 6NT2
£122.5K01/210.97 mi50, Longridge Road, Ribbleton, Preston, Lancashire PR2 6RJ2
£140K11/200.97 mi20, St Francis Close, Fulwood, Preston, Lancashire PR2 9WH2
£70K03/210.97 mi16, St Davids Road, Preston, Lancashire PR1 6NB2
£145K11/210.99 mi36, St Francis Close, Fulwood, Preston, Lancashire PR2 9WJ2
£95K01/230.99 mi136, Skeffington Road, Preston, Lancashire PR1 5HD2
£102K02/230.99 mi159, Skeffington Road, Preston, Lancashire PR1 5HD2
£58K06/210.99 mi101, Miller Road, Preston, Lancashire PR1 5QT2
£60K12/200.99 mi153, Miller Road, Preston, Lancashire PR1 5QT2

Local Rents

11 rents from £750/mo to £1.2K/mo, average is £895/mo.

RentDateDistanceAddressBeds 
£99003/250.1 mi-2
£90002/240.1 mi-2
£89504/250.23 mi-2
£89512/240.23 mi-2
£85012/240.23 mi-2
£85012/240.23 mi-2
£89502/240.44 mi-2
£75007/240.45 miNeapsands Close, Preston, PR22
£1,20006/240.5 mi-2
£90006/240.51 mi5 Park Rd2
£87507/240.52 mi-2

Local Area Statistics

Population in PR2

77,713

Population in Preston

286,036

Town centre distance

0.95 miles away

Nearest school

0.30 miles away

Nearest train station

2.06 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-7%

Sales demand

Seller's market

Capital growth (5yrs)

+25%

Property History

Listed for £160,000

September 4, 2024

Sold for £134,000

2005

Sold for £51,995

2002

Description

  • Semi Detached House +
  • Beautiful Sunny Rear Corner Gardens +
  • Two Bedrooms +
  • Lounge & Dining Kitchen +
  • Spacious Conservatory +
  • Gas Central Heating +
  • Driveway Parking +
  • Detached Garage +
  • uPVC Double Glazing +
  • Quiet Cul De Sac Setting +

A beautiful semi detached house in a quiet cul de sac in Fulwood. Being set in a generous rear corner plot with stunning gardens. There are two bedrooms, lounge, dining kitchen and a conservatory. There is uPVC double glazing and gas central heating. To the front there is a garden and driveway parking for several vehicles on approach to a detached garage. The rear garden is perfect for outdoor entertaining, being adjacent to the conservatory for easy access, with patio and lawn areas, great for alfresco dining and relaxing. Close to local services, supermarkets, main road access and excellent motorway connectivity, local schools and bus routes. Viewing is essential to fully appreciate.

Agent Details

Marie Holmes Estates, Preston

01772 284719

Next Steps?

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