3 Bed Semi-Detached House, Refurb/BRRR, Preston, PR5 4RH, £179,950

7 Pear Tree Close, Walton-Le-Dale, Preston, PR5 4RH - 4 views - 6 months ago

Sold STC
Refurb/BRRR
ROI: 2%
~93 m²
+17 photos

ValuationFair Value

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

 

 

Square Metres

~93 m²
Price/m²£1.9K/m²

Value Estimate

£180,650

 

 

End Value (After Refurb)

£198,098

Uplift in Value

+10%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£44,988

Stamp Duty & Legal Fees

£6,599

Refurb Costs

£39,428

Bridging Loan Interest

£4,724

Total Cash In

£97,488

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£198,098

Mortgage (After Refinance)

£148,574

Mortgage LTV

75%

Cash Released

£13,611

Cash Left In

£83,877

Equity

£49,525

Rent Range

£695 - £1,500

Rent Estimate

£980

Running Costs/mo

£835

Cashflow/mo

£145

Cashflow/yr

£1,739

ROI

2%

Gross Yield

7%

Local Sold Prices

50 sold prices from £62.5K to £285K, average is £165.3K. £906/m² to £3.6K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£170K10/210 mi2, Pear Tree Close, Walton Le Dale, Preston, Lancashire PR5 4RH3
£148K05/210.03 mi24, Holland Avenue, Walton Le Dale, Preston, Lancashire PR5 4RJ3
£140K03/210.06 mi9, Ambleside Close, Walton Le Dale, Preston, Lancashire PR5 4RS3
£200K01/230.06 mi47, Pear Tree Crescent, Walton Le Dale, Preston, Lancashire PR5 4RE3
£136K11/200.08 mi60, Longbrook Avenue, Bamber Bridge, Preston, Lancashire PR5 6XG3
£238K12/220.11 mi42, Coniston Drive, Walton Le Dale, Preston, Lancashire PR5 4RP3
£265K11/200.11 mi46, Coniston Drive, Walton Le Dale, Preston, Lancashire PR5 4RP3
£165K03/210.11 mi42, Coniston Drive, Walton Le Dale, Preston, Lancashire PR5 4RP3
£195K02/210.11 mi29, Renshaw Drive, Walton Le Dale, Preston, Lancashire PR5 4RB3
£175K03/210.12 mi15, Grasmere Close, Walton Le Dale, Preston, Lancashire PR5 4RR3
£150.5K11/210.13 mi50, Station Road, Bamber Bridge, Preston, Lancashire PR5 6QL3
£142K07/210.14 mi14, Kentmere Avenue, Walton Le Dale, Preston, Lancashire PR5 4RX3
£218K11/200.14 mi118, Duddle Lane, Walton Le Dale, Preston, Lancashire PR5 4TA3
£165K12/200.14 mi39, Rydal Avenue, Walton Le Dale, Preston, Lancashire PR5 4RU3
£134K11/200.14 mi11, Rydal Avenue, Walton Le Dale, Preston, Lancashire PR5 4RU3
£165K11/220.14 mi15, Longbrook Avenue, Bamber Bridge, Preston, Lancashire PR5 6XB3
£110K10/200.17 mi26, Dean Street, Bamber Bridge, Preston, Lancashire PR5 6GP3
£180K01/210.21 mi44, Duddle Lane, Walton Le Dale, Preston, Lancashire PR5 4UD3
£62.5K02/210.22 mi29, St Aidans Park, Bamber Bridge, Preston, Lancashire PR5 6HG3
£210K11/200.24 mi19, Wellington Place, Walton Le Dale, Preston, Lancashire PR5 4TR3
£159.9K12/210.25 mi40, Skipton Close, Bamber Bridge, Preston, Lancashire PR5 6HF3
£169.9K03/230.25 mi29, Skipton Close, Bamber Bridge, Preston, Lancashire PR5 6HF3
£165K01/230.25 mi42, Skipton Close, Bamber Bridge, Preston, Lancashire PR5 6HF3
£165K12/200.25 mi37, Skipton Close, Bamber Bridge, Preston, Lancashire PR5 6HF3
£175K07/230.25 mi7, Skipton Close, Bamber Bridge, Preston, Lancashire PR5 6HF3
£167K07/230.25 mi12, Skipton Close, Bamber Bridge, Preston, Lancashire PR5 6HF3
£186K05/230.25 mi11, Selkirk Drive, Walton Le Dale, Preston, Lancashire PR5 4TJ3
£235K10/200.26 mi17, Odell Way, Walton Le Dale, Preston, Lancashire PR5 4ND3
£145K07/230.27 mi29, Brownedge Lane, Bamber Bridge, Preston, Lancashire PR5 6TA3
£220K01/210.28 mi8, Neath Close, Walton Le Dale, Preston, Lancashire PR5 4NE3
£87.5K07/230.29 mi85, School Lane, Bamber Bridge, Preston, Lancashire PR5 6QE3
£115K03/230.31 mi2, James Street, Bamber Bridge, Preston, Lancashire PR5 6TH3
£135K07/230.31 mi14, James Street, Bamber Bridge, Preston, Lancashire PR5 6TH3
£197K09/210.31 mi30, Severn Drive, Walton Le Dale, Preston, Lancashire PR5 4TE3
£179K12/200.31 mi5, Lowesby Close, Walton Le Dale, Preston, Lancashire PR5 4NF3
£190K05/210.31 mi14, Lowesby Close, Walton Le Dale, Preston, Lancashire PR5 4NF3
£165K04/210.31 mi2, Severn Drive, Walton Le Dale, Preston, Lancashire PR5 4TE3
£200K04/230.32 mi20, St Marys Avenue, Walton Le Dale, Preston, Lancashire PR5 4UE3
£138K11/200.32 mi33, Collins Road, Bamber Bridge, Preston, Lancashire PR5 6QT3
£135K01/210.32 mi59, Collins Road, Bamber Bridge, Preston, Lancashire PR5 6QT3
£180K01/230.32 mi13, Collins Road, Bamber Bridge, Preston, Lancashire PR5 6QT3
£128K07/230.34 mi24, School Street, Bamber Bridge, Preston, Lancashire PR5 6GB3
£143.2K08/230.34 mi48, Collins Road, Bamber Bridge, Preston, Lancashire PR5 6GT3
£128K03/210.34 mi66, Collins Road, Bamber Bridge, Preston, Lancashire PR5 6GT3
£165.5K03/210.36 mi20, St Marys Close, Walton Le Dale, Preston, Lancashire PR5 4UN3
£179K04/210.37 mi10, Welbeck Crescent, Bamber Bridge, Preston, Lancashire PR5 6ST3
£170K12/220.37 mi12, Ellen Street, Bamber Bridge, Preston, Lancashire PR5 6UN3
£153.8K03/210.38 mi9, Somersby Close, Walton Le Dale, Preston, Lancashire PR5 4LY3
£253K12/220.38 mi7, Somersby Close, Walton Le Dale, Preston, Lancashire PR5 4LY3
£285K12/220.38 mi52, Hampshire Road, Walton Le Dale, Preston, Lancashire PR5 4NH3

Local Rents

23 rents from £695/mo to £1.5K/mo, average is £995/mo.

RentDateDistanceAddressBeds 
£82512/240.31 miJames Street, Bamber Bridge, Preston3
£72512/240.31 mi-3
£89506/240.33 miCollins Road, Bamber Bridge3
£1,00012/240.4 miBrampton Drive, Bamber Bridge3
£1,10006/240.4 miGarforth Crescent,Bamber Bridge,PR5 6SS ***PETS WELCOME***3
£99504/250.45 mi-3
£90012/240.45 miHolland House Road, Walton Le Dale3
£97506/240.5 miFareham Close, Walton-le-Dale, Preston, PR53
£1,50012/240.63 miTodd Lane North, Lostock Hall3
£80006/240.63 miCambridge Road, Bamber Bridge3
£85006/240.67 miKilngate, Lostock Hall, Preston3
£77512/240.76 mi-3
£1,15006/240.78 miSpinners Avenue, Bamber Bridge, Preston3
£1,47506/240.78 miSpinners Avenue, Wren Green Bamber Bridge3
£1,19512/240.83 mi-3
£1,10003/250.84 mi-3
£1,10002/250.84 mi-3
£1,30001/250.92 mi-3
£1,25006/241.15 miElmtree Avenue, Penwortham, Preston3
£1,10003/251.16 mi-3
£77512/241.18 miWatkin Lane, Lostock Hall, Preston3
£69502/241.21 mi-3
£75006/241.23 mi-3

Local Area Statistics

Population in PR5

40,828

Population in Preston

286,036

Town centre distance

2.57 miles away

Nearest school

0.20 miles away

Nearest train station

0.55 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+1%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £179,950

October 15, 2024

Floor Plans

Description

  • Semi detached house in cul de sac +
  • Woodland views to the rear +
  • In need of some modernisation +
  • Conservatory +
  • Three bedrooms +
  • Gardens front and rear +
  • Freehold +
  • Council tax band C +
  • EPC rating D +

Standing in a quiet cul de sac and with woodland views to the rear, this charming family home has much to offer. Internally, the welcoming accommodation provides a handy porch for coats, boots and umbrellas, a hallway, a lounge with wide window and feature fireplace, a fitted kitchen/diner and a conservatory. On the first floor, there are three bedrooms, with fitted wardrobes to the master, and the family bathroom. Gardeners, experienced and novices, will delight in the potential of both front and rear gardens and the native wildlife of the woodland beyond. Available with NO ONWARD CHAIN. Freehold. Council tax band C. EPC rating D.

Ground Floor -

Porch - uPVC double glazed door to side, uPVC double glazed windows to front and side, uPVC double glazed window and door to the hallway.

Hallway - Doors to the lounge and the kitchen/diner. Stairs to the first floor. Central heating radiator. Laminate flooring.

Lounge - 4.253m x 3.683m (13'11" x 12'0") - uPVC double glazed window to front, central heating radiator, feature fireplace with Adam style surround housing a gas fire.

Kitchen/Diner - 5.617m x 2.426m (18'5" x 7'11") - uPVC double glazed door to side, uPVC double glazed window to rear, uPVC double glazed sliding door to the conservatory. Fitted with wall and base units in white with tiled splashback and contrasting wood worktops. Stainless steel sink and drainer, under counter fridge. Spaces for a washing machine, dryer and cooker. Under stairs storage cupboard. Laminate flooring.

Conservatory - 2.688m x 2.457m (8'9" x 8'0") - uPVC double glazed windows to rear and side. uPVC double glazed door to side. Laminate flooring.

First Floor -

Landing - uPVC double glazed window to side, storage cupboard, loft hatch. Doors to the three bedrooms and the family bathroom.

Bedroom One - 3.659m x 3.321m (12'0" x 10'10") - uPVC double glazed window to front, central heating radiator, fitted mirrored wardrobes with sliding doors.

Bedroom Two - 3.674m x 3.364m (12'0" x 11'0") - uPVC double glazed window to rear, central heating radiator.

Bedroom Three - 2.267m x 2.121m (7'5" x 6'11") - uPVC double glazed window to front.

Bathroom - 2.186m x 1.637m (7'2" x 5'4") - uPVC double glazed frosted window to rear, tiled walls. Three piece suite comprising a WC, pedestal hand basin and bath with overhead shower. Central heating radiator. Recessed spotlights.

External - The front garden is mainly laid to lawn and bordered with mature bushes and shrubs with hedging to the side. The pretty rear garden, which backs onto woodlands, offers flower beds, bushes and shrubs and a storage shed.

Property Misdescriptions Act - Although these particulars are thought to be materially correct, they are for guidance only and do not constitute any part of an offer or contract. A wide angle camera has been used in these photos and intending purchasers should not rely on them as statements or representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy.

Agent Details

Holdens Estate Agents, Lostock Hall

01772 288956

Next Steps?

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