2 Bed Terraced House, Single Let, Preston, PR2 2RR, £120,000

Cannon Hill, Ashton-on-Ribble, Preston, Lancashire, PR2 2RR - 7 months ago

BTL
ROI: 6%
~68 m²
+1 photos

ValuationOvervalued

Sold Prices£75K - £160K
Sold Prices/m²£955/m² - £2.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.8K/m²

Value Estimate

£96,046

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£4,800

Total Cash In

£34,800

 

 

Cash Out

 

Rent Range

£625 - £1,002

Rent Estimate

£695

Running Costs/mo

£534

Cashflow/mo

£161

Cashflow/yr

£1,932

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £75K to £160K, average is £105.5K. £955/m² to £2.6K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£90K07/210.02 mi21, Bray Street, Ashton On Ribble, Preston, Lancashire PR2 2RP2
£98K02/210.04 mi1, Tulketh Crescent, Ashton On Ribble, Preston, Lancashire PR2 2RH2
£78K08/210.06 mi38, Tulketh Road, Ashton On Ribble, Preston, Lancashire PR2 1AQ2
£95K05/210.06 mi50, Tulketh Road, Ashton On Ribble, Preston, Lancashire PR2 1AQ2
£80K03/210.08 mi7, Flett Street, Ashton On Ribble, Preston, Lancashire PR2 2RX2
£85K12/200.12 mi67, Poulton Street, Ashton On Ribble, Preston, Lancashire PR2 2SA2
£76K03/210.12 mi16, Poulton Street, Ashton On Ribble, Preston, Lancashire PR2 2SA2
£117K06/230.12 mi41, Poulton Street, Ashton On Ribble, Preston, Lancashire PR2 2SA2
£102.5K02/210.13 mi32, Swansea Street, Ashton On Ribble, Preston, Lancashire PR2 1AS2
£83K05/230.15 mi13, Nares Street, Ashton On Ribble, Preston, Lancashire PR2 2SS2
£108K09/210.16 mi85, Waterloo Terrace, Ashton On Ribble, Preston, Lancashire PR2 1DA2
£118.5K03/230.16 mi35, Waterloo Terrace, Ashton On Ribble, Preston, Lancashire PR2 1DA2
£115K11/200.16 mi27, Waterloo Terrace, Ashton On Ribble, Preston, Lancashire PR2 1DA2
£105K11/200.16 mi37, Waterloo Terrace, Ashton On Ribble, Preston, Lancashire PR2 1DA2
£116.5K12/200.16 mi83, Waterloo Terrace, Ashton On Ribble, Preston, Lancashire PR2 1DA2
£85K10/210.16 mi119, Wellington Street, Preston, Lancashire PR1 8TS2
£75K04/230.16 mi111, Wellington Street, Preston, Lancashire PR1 8TS2
£120K03/230.18 mi8, Waterloo Terrace, Ashton On Ribble, Preston, Lancashire PR2 1DB2
£123.5K07/230.19 mi57, Wellington Road, Ashton On Ribble, Preston, Lancashire PR2 1BU2
£135K06/230.21 mi107, Shelley Road, Ashton On Ribble, Preston, Lancashire PR2 2DA2
£90K10/210.21 mi35, St Marks Road, Preston, Lancashire PR1 8TL2
£98K05/230.21 mi26, Mersey Street, Ashton On Ribble, Preston, Lancashire PR2 1BB2
£90K11/200.21 mi35, Mersey Street, Ashton On Ribble, Preston, Lancashire PR2 1BB2
£114K06/210.22 mi98, Stocks Road, Ashton On Ribble, Preston, Lancashire PR2 2SY2
£103.5K03/210.23 mi36, Beamont Drive, Preston, Lancashire PR1 8UN2
£123K01/210.23 mi5, Beamont Drive, Preston, Lancashire PR1 8UN2
£127.4K03/230.23 mi23, Oswald Road, Ashton On Ribble, Preston, Lancashire PR2 1BT2
£160K04/230.25 mi33, Bank Place, Ashton On Ribble, Preston, Lancashire PR2 1DN2
£100K07/230.25 mi3, Cardigan Street, Ashton On Ribble, Preston, Lancashire PR2 2AS2
£98K02/230.26 mi48, De Lacy Street, Ashton On Ribble, Preston, Lancashire PR2 2DD2
£112K03/210.26 mi14, Bulmer Street, Ashton On Ribble, Preston, Lancashire PR2 2SL2
£148.3K06/210.27 mi26, Garden Walk, Ashton On Ribble, Preston, Lancashire PR2 1DP2
£76K12/200.28 mi50, De Lacy Street, Ashton On Ribble, Preston, Lancashire PR2 2DD2
£95K04/210.28 mi15, De Lacy Street, Ashton On Ribble, Preston, Lancashire PR2 2DD2
£92.5K12/200.3 mi7, Brookhouse Street, Ashton On Ribble, Preston, Lancashire PR2 2AN2
£110K03/230.31 mi64, Inkerman Street, Ashton On Ribble, Preston, Lancashire PR2 2AQ2
£151K05/230.32 mi5, The Ferns, Ashton On Ribble, Preston, Lancashire PR2 2BZ2
£115K04/230.34 mi2, Weston Street, Ashton On Ribble, Preston, Lancashire PR2 2QE2
£120K10/230.35 mi1, Ladysmith Road, Ashton On Ribble, Preston, Lancashire PR2 2JP2
£95K03/210.36 mi206, Shelley Road, Ashton On Ribble, Preston, Lancashire PR2 2BX2
£106K11/200.37 mi77, Roebuck Street, Ashton On Ribble, Preston, Lancashire PR2 2BQ2
£112.5K02/230.37 mi132, Stocks Road, Ashton On Ribble, Preston, Lancashire PR2 2JR2
£76K12/200.38 mi5, Ridley Road, Ashton On Ribble, Preston, Lancashire PR2 2BS2
£116K12/200.4 mi105, Parker Street, Ashton On Ribble, Preston, Lancashire PR2 2AJ2
£130K08/230.4 mi41, Ecroyd Road, Ashton On Ribble, Preston, Lancashire PR2 2LA2
£112K12/200.4 mi23, Ecroyd Road, Ashton On Ribble, Preston, Lancashire PR2 2LA2
£85K11/210.4 mi45, Ecroyd Road, Ashton On Ribble, Preston, Lancashire PR2 2LA2
£123.5K03/230.4 mi15, Ecroyd Road, Ashton On Ribble, Preston, Lancashire PR2 2LA2
£107K01/230.4 mi33, Ecroyd Road, Ashton On Ribble, Preston, Lancashire PR2 2LA2
£88K01/210.41 mi19, Armstrong Street, Ashton On Ribble, Preston, Lancashire PR2 2LB2

Local Rents

51 rents from £625/mo to £1K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£72507/240 miCannon Hill, Ashton-on-Ribble - , PRESTON, Lancashire PR2 2RR2
£81502/250.03 mi-2
£75006/240.04 miTulketh Crescent, Ashton On Ribble, Preston2
£62506/240.06 miTulketh Road, Ashton-on-Ribble2
£80012/240.1 mi-2
£65006/240.11 miWest Strand Preston PR1 8UJ2
£80007/240.13 mi-2
£80001/250.13 mi-2
£80003/250.13 mi-2
£72512/240.14 mi-2
£67506/240.14 mi-2
£67506/240.14 mi-2
£67506/240.14 miNares Street, Preston, PR22
£80007/240.18 mi-2
£95006/240.19 miBrampton Street, Ashton-On-Ribble, Preston, PR22
£95006/240.19 mi-2
£95006/240.19 mi-2
£75012/240.19 mi-2
£75007/240.2 miSteeple View, Ashton-on-ribble, Preston2
£1,00207/240.21 miSt. Marks Road, Preston, Lancashire, PR12
£75007/240.23 miBeamont Drive, Preston2
£70006/240.23 miBeamont Drive, Preston, PR12
£79010/230.23 miKingfisher court, Beamont Drive, Preston2
£74506/240.23 miAshley Mews, Ashton on Ribble, Preston, PR22
£75007/240.24 miKingfisher Court, Preston2
£75008/240.24 miKingfisher Court, Preston2
£85012/240.25 miBank Place, Ashton-On-Ribble, Preston, PR22
£85012/240.25 mi-2
£75007/240.25 miDart Street, Ashton-On-Ribble2
£80003/250.25 mi-2
£65012/240.25 miGarden Court, Tulketh Avenue, Preston, PR22
£79504/250.26 mi-2
£80006/240.28 miDelacy Street, PRESTON PR2 2DD2
£77002/240.3 mi-2
£79506/240.3 miWatery Lane, Ashton on Ribble, Preston, PR22
£65006/240.31 miTulketh Brow, Preston, PR22
£85006/240.31 miInkerman Street Preston PR2 2AQ2
£69912/240.32 mi-2
£69507/240.33 miRaglan Street, Ashton-on-ribble, Preston2
£72506/240.34 miEldon Street - flat 2, PRESTON PR2 2BA2
£80002/250.34 mi-2
£70007/240.35 miVictoria Parade, Ashton-on-ribble, Preston2
£67506/240.35 miLadysmith Road, Ashton2
£1,00007/240.36 miWellfield Road, Preston, Lancashire, PR12
£92707/240.4 miFylde Road Flat 2, PRESTON, Lancashire PR1 2XP2
£92706/240.4 miFylde Road, Flat 08, PRESTON, Lancashire PR1 2XP2
£92707/240.4 miFylde Road, Flat 6, PRESTON, Lancashire PR1 2XP2
£65007/240.41 mi-2
£75006/240.43 miBrook Court, Dorman Close, Preston, Lancashire, PR22
£69506/240.43 miBrook Court, Ashton2
£89502/250.44 mi-2

Local Area Statistics

Population in PR2

77,713

Population in Preston

286,036

Town centre distance

1.39 miles away

Nearest school

0.20 miles away

Nearest train station

0.92 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-7%

Sales demand

Seller's market

Capital growth (5yrs)

+25%

Property History

Listed for £120,000

September 20, 2024

Sold for £77,000

2006

Floor Plans

Description

  • No Chain +
  • Ideal Buy to Let Investment +
  • Two Bedroom Mid Terrace +
  • Close to the City Centre +
  • Viewing Advised! +

Delightful, two bedroom, end of terraced house, located in Ashton On Ribble.

Ideal buy to let investment with a sitting tenant. The property currently achieves £695pcm.

The property briefly comprises; entrance vestibule, living room, kitchen, two bedrooms, bathroom and a separate WC. Externally there is a yard to the rear and on street parking.

The location of this property is something that will appeal to many. It is not too far from Preston Marina, shops, schools and also bus routes. Cannon Hill is also not too far to walk into the city centre.

The property is Freehold.

To secure a viewing on this lovely property call . Sold with no chain!

EPC Grade D
Council Tax Band A

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.

PRS240485/2

Agent Details

Reeds Rains, Preston

01772 283830

Next Steps?

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