2 Bed Terraced House, Single Let, Preston, PR1 8SL, £124,950

Spa Road, Preston, PR1 8SL - 6 months ago

Sold STC
BTL
ROI: 6%
~66 m²
+3 photos

ValuationOvervalued

Sold Prices£70K - £180K
Sold Prices/m²£843/m² - £3.3K/m²

 

 

Square Metres

~66.38 m²
Price/m²£1.9K/m²

Value Estimate

£90,259

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£31,238

Stamp Duty & Legal Fees

£4,949

Total Cash In

£36,186

 

 

Cash Out

 

Rent Range

£650 - £2,185

Rent Estimate

£725

Running Costs/mo

£555

Cashflow/mo

£170

Cashflow/yr

£2,034

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £70K to £180K, average is £98K. £843/m² to £3.3K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£85K03/230.01 mi16, Nelson Terrace, Preston, Lancashire PR1 8SQ2
£98K09/210.09 mi33, Talbot Road, Preston, Lancashire PR1 8NX2
£82K06/230.12 mi27, Kingswood Street, Preston, Lancashire PR1 8NP2
£75K01/210.24 mi21, Langton Street, Preston, Lancashire PR1 8PY2
£115K04/230.24 mi2, Weston Street, Ashton On Ribble, Preston, Lancashire PR2 2QE2
£103.5K03/210.25 mi36, Beamont Drive, Preston, Lancashire PR1 8UN2
£123K01/210.25 mi5, Beamont Drive, Preston, Lancashire PR1 8UN2
£90K10/210.27 mi35, St Marks Road, Preston, Lancashire PR1 8TL2
£85K10/210.31 mi119, Wellington Street, Preston, Lancashire PR1 8TS2
£75K04/230.31 mi111, Wellington Street, Preston, Lancashire PR1 8TS2
£110K10/210.43 mi13, Colman Court, Preston, Lancashire PR1 8DL2
£125K01/230.45 mi38, Grafton Street, Preston, Lancashire PR1 8JH2
£79K01/210.46 mi17, Brixey Street, Preston, Lancashire PR1 8EB2
£78K08/210.47 mi38, Tulketh Road, Ashton On Ribble, Preston, Lancashire PR2 1AQ2
£95K05/210.47 mi50, Tulketh Road, Ashton On Ribble, Preston, Lancashire PR2 1AQ2
£92K12/200.48 mi15, Beech Terrace, Preston, Lancashire PR1 8DQ2
£90K07/210.49 mi21, Bray Street, Ashton On Ribble, Preston, Lancashire PR2 2RP2
£98K02/210.49 mi1, Tulketh Crescent, Ashton On Ribble, Preston, Lancashire PR2 2RH2
£70K06/230.49 mi15, Bird Street, Preston, Lancashire PR1 8DY2
£102.5K02/210.5 mi32, Swansea Street, Ashton On Ribble, Preston, Lancashire PR2 1AS2
£100K07/230.53 mi3, Cardigan Street, Ashton On Ribble, Preston, Lancashire PR2 2AS2
£98K05/230.54 mi26, Mersey Street, Ashton On Ribble, Preston, Lancashire PR2 1BB2
£90K11/200.54 mi35, Mersey Street, Ashton On Ribble, Preston, Lancashire PR2 1BB2
£80K03/210.55 mi7, Flett Street, Ashton On Ribble, Preston, Lancashire PR2 2RX2
£77K11/200.55 mi10, River Parade, Preston, Lancashire PR1 8EJ2
£98K02/230.56 mi48, De Lacy Street, Ashton On Ribble, Preston, Lancashire PR2 2DD2
£85K12/200.58 mi67, Poulton Street, Ashton On Ribble, Preston, Lancashire PR2 2SA2
£76K03/210.58 mi16, Poulton Street, Ashton On Ribble, Preston, Lancashire PR2 2SA2
£117K06/230.58 mi41, Poulton Street, Ashton On Ribble, Preston, Lancashire PR2 2SA2
£76K12/200.58 mi50, De Lacy Street, Ashton On Ribble, Preston, Lancashire PR2 2DD2
£95K04/210.58 mi15, De Lacy Street, Ashton On Ribble, Preston, Lancashire PR2 2DD2
£92.5K12/200.59 mi7, Brookhouse Street, Ashton On Ribble, Preston, Lancashire PR2 2AN2
£83K05/230.6 mi13, Nares Street, Ashton On Ribble, Preston, Lancashire PR2 2SS2
£97K02/230.61 mi15, Meath Road, Preston, Lancashire PR1 8EP2
£110K03/230.61 mi64, Inkerman Street, Ashton On Ribble, Preston, Lancashire PR2 2AQ2
£100K03/210.61 mi15, Garden Street, Preston, Lancashire PR1 8BT2
£96.5K03/230.62 mi5, Meath Road, Preston, Lancashire PR1 8EP2
£108K09/210.62 mi85, Waterloo Terrace, Ashton On Ribble, Preston, Lancashire PR2 1DA2
£118.5K03/230.62 mi35, Waterloo Terrace, Ashton On Ribble, Preston, Lancashire PR2 1DA2
£115K11/200.62 mi27, Waterloo Terrace, Ashton On Ribble, Preston, Lancashire PR2 1DA2
£105K11/200.62 mi37, Waterloo Terrace, Ashton On Ribble, Preston, Lancashire PR2 1DA2
£116.5K12/200.62 mi83, Waterloo Terrace, Ashton On Ribble, Preston, Lancashire PR2 1DA2
£120K03/230.63 mi8, Waterloo Terrace, Ashton On Ribble, Preston, Lancashire PR2 1DB2
£135K06/230.64 mi107, Shelley Road, Ashton On Ribble, Preston, Lancashire PR2 2DA2
£158K03/230.64 mi37, Endeavour Close, Ashton On Ribble, Preston, Lancashire PR2 2YG2
£123.5K07/230.66 mi57, Wellington Road, Ashton On Ribble, Preston, Lancashire PR2 1BU2
£114K06/210.67 mi98, Stocks Road, Ashton On Ribble, Preston, Lancashire PR2 2SY2
£180K12/220.69 mi22, Britannia Drive, Ashton On Ribble, Preston, Lancashire PR2 2YD2
£127.4K03/230.7 mi23, Oswald Road, Ashton On Ribble, Preston, Lancashire PR2 1BT2
£160K04/230.71 mi33, Bank Place, Ashton On Ribble, Preston, Lancashire PR2 1DN2

Local Rents

50 rents from £650/mo to £2.2K/mo, average is £870/mo.

RentDateDistanceAddressBeds 
£79511/240.03 mi-2
£1,00007/240.17 miWellfield Road, Preston, Lancashire, PR12
£72506/240.24 miLangton Street, PRESTON PR1 8PY2
£75006/240.24 miLangton Street, Preston2
£80007/240.24 mi-2
£75007/240.26 miKingfisher Court, Preston2
£75008/240.26 miKingfisher Court, Preston2
£79010/230.26 miKingfisher court, Beamont Drive, Preston2
£70006/240.26 miBeamont Drive, Preston, PR12
£75007/240.26 miBeamont Drive, Preston2
£77002/240.26 mi-2
£1,00207/240.27 miSt. Marks Road, Preston, Lancashire, PR12
£95010/240.29 mi-2
£86707/240.29 mi-2
£86707/240.29 mi-2
£75008/240.29 miChrist Church Street, Preston2
£75008/240.29 miChrist Church Street, Preston2
£75007/240.29 miChrist Church Street, Preston, PR12
£87207/240.29 miChrist Church Street, Preston, Lancashire, PR12
£1,04006/240.29 miChristchurch Street-Flat 1, PRESTON PR1 8PH2
£82307/240.29 miChristchurch Street flat 2, PRESTON PR1 8PH2
£85008/240.31 mi-2
£85009/240.31 mi-2
£75007/240.32 miSteeple View, Ashton-on-ribble, Preston2
£1,08306/240.33 miFlat 2 Preston PR1 8JE2
£1,08306/240.33 miFlat 1 Preston PR1 8JE2
£1,08306/240.33 mi Preston PR1 8JE2
£1,12708/240.33 mia Fishergate Hill, Preston2
£92707/240.35 miFylde Road, Flat 6, PRESTON, Lancashire PR1 2XP2
£92706/240.35 miFylde Road, Flat 08, PRESTON, Lancashire PR1 2XP2
£92707/240.35 miFylde Road Flat 2, PRESTON, Lancashire PR1 2XP2
£1,49503/250.35 mi-2
£1,49503/250.35 mi-2
£97106/240.36 miFishergate Hill Flat, PRESTON, Lancashire PR1 8JB2
£1,40007/240.36 miThe Old County Hotel, Fishergate Hill, Preston2
£65006/240.37 miWest Strand Preston PR1 8UJ2
£78907/240.37 mib Fylde Road, Preston2
£99708/240.38 miFishergate Court, Flat 1, PRESTON, Lancashire PR1 8JB2
£1,04008/240.38 miFishergate Court, Flat 2, PRESTON, Lancashire PR1 8JB2
£99708/240.38 miFishergate Court, Flat 3, PRESTON, Lancashire PR1 8JB2
£1,10007/240.38 miFlat , Fishergate Court, Fishergate, Preston2
£90007/240.39 miStation Terrace, Waltons Parade2
£1,64506/240.4 mi-2
£2,18509/240.4 mi-2
£2,18503/250.4 mi-2
£75008/240.43 mi-2
£75003/250.43 mi-2
£75006/240.44 miTulketh Crescent, Ashton On Ribble, Preston2
£1,10009/240.46 mi-2
£72507/240.47 miCannon Hill, Ashton-on-Ribble - , PRESTON, Lancashire PR2 2RR2

Local Area Statistics

Population in PR1

72,064

Population in Preston

286,036

Town centre distance

1.23 miles away

Nearest school

0.40 miles away

Nearest train station

0.46 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+3%

Sales demand

Seller's market

Capital growth (5yrs)

+17%

Property History

Listed for £124,950

October 8, 2024

Floor Plans

Description

  • Well Presented Terrace Property +
  • 2 Double Bedrooms +
  • Easy Reach of The City Centre +
  • Living Room +
  • Kitchen Diner +
  • Shower Room +
  • Enclosed Yard +
  • On Street Permit Parking +
  • Full Property Details in our Brochure * LINK BELOW +

This beautifully presented two-bedroom terraced house is ideally situated just a stone's throw from the vibrant city centre, offering both convenience and accessibility.

As you enter the home, you are greeted by a comfortable living room, bathed in natural light, that creates a warm and inviting atmosphere-perfect for relaxing or entertaining guests.

Adjacent to the living room, the spacious dining kitchen serves as the heart of the home, equipped with modern appliances and ample storage. This area is perfect for hosting family meals or dinner parties, providing a seamless flow for social gatherings.

At the rear of the property, you'll discover a sunny yard, an ideal retreat for outdoor relaxation, summer barbecues, or nurturing your gardening skills.

Heading upstairs, the property features two generous double bedrooms, each designed to offer a peaceful sanctuary for rest and rejuvenation. The large windows allow for plenty of natural light, enhancing the overall sense of space and comfort. A contemporary shower room completes the upstairs layout, providing a stylish and convenient space for daily routines.

Additional highlights include on-street permit parking, ensuring that you have hassle-free access to your vehicle.

This charming home is perfect for first-time buyers or anyone looking to embrace a city-centre lifestyle, combining comfort, modern living, and the convenience of urban amenities right at your doorstep.

Don't miss the opportunity to make this delightful house your new home! 

LOCAL INFORMATION PRESTON CITY CENTRE is a city on the north bank of the River Ribble, Lancashire. The city's main high streets are Fishergate and Friargate which offer shops, bars and restaurants with many more tucked away down the side streets. Ideally placed for access to four motorways, the West Coast rail main line and three international airports. Also offering 'The Guild Wheel' which is great for walking and cycling. With paths that run through Avenham and Miller Parks, beside the River Ribble. 

LIVING ROOM 11' 7" x 14' 5" (3.53m x 4.39m)  

KITCHEN DINER 13' 6" x 14' 3" (4.11m x 4.34m)  

LANDING  

BEDROOM ONE 11' 11" x 9' 3" (3.63m x 2.82m)  

BEDROOM TWO 11' 6" x 9' (3.51m x 2.74m)  

SHOWER ROOM 8' 8" x 5' 3" (2.64m x 1.6m)  

OUTSIDE  

We are informed this property is Council Tax Band A
For further information please check the Government Website

Whilst we believe the data within these statements to be accurate, any person(s) intending to place an offer and/or purchase the property should satisfy themselves by inspection in person or by a third party as to the validity and accuracy.

Please call to arrange a viewing on this property now. Our office hours are 9am-5pm Monday to Friday and 9am-4pm Saturday.

Agent Details

Roberts & Co Estate Agents, Preston & South Ribble

01772 963610

Next Steps?

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