4 Bed Terraced House, Single Let, Preston, PR2 2JS, £148,000

Stocks Road, Preston, Lancashire, PR2 2JS - 5 months ago

Sold STC
BTL
ROI: 6%
~129 m²
+13 photos

ValuationUndervalued

Sold Prices£82K - £425K
Sold Prices/m²£888/m² - £4K/m²

 

 

Square Metres

~129.26 m²
Price/m²£1.1K/m²

Value Estimate

£182,040
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£37,000

Stamp Duty & Legal Fees

£5,640

Total Cash In

£42,640

 

 

Cash Out

 

Rent Range

£399 - £7,324

Rent Estimate

£850

Running Costs/mo

£653

Cashflow/mo

£198

Cashflow/yr

£2,370

ROI

6%

Gross Yield

7%

Local Sold Prices

39 sold prices from £82K to £425K, average is £235.6K. £888/m² to £4K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£155K01/230.25 mi62, Waterloo Road, Ashton On Ribble, Preston, Lancashire PR2 1EN4
£135K03/230.28 mi22, Alert Street, Ashton On Ribble, Preston, Lancashire PR2 2SP4
£140K07/230.3 mi12, Fazackerley Street, Ashton On Ribble, Preston, Lancashire PR2 2SQ4
£350K01/230.36 mi94, Woodplumpton Road, Fulwood, Preston, Lancashire PR2 3TF4
£192.5K09/210.38 mi113, Lytham Road, Fulwood, Preston, Lancashire PR2 3EW4
£360K07/230.4 mi44, Victoria Parade, Ashton On Ribble, Preston, Lancashire PR2 1DT4
£315K06/210.4 mi37, Hollins Grove, Fulwood, Preston, Lancashire PR2 3TT4
£147.9K12/220.41 mi24, Waterloo Terrace, Ashton On Ribble, Preston, Lancashire PR2 1DB4
£270K03/230.43 mi16, Beechwood Avenue, Fulwood, Preston, Lancashire PR2 3TL4
£307.5K12/200.43 mi28, Prospect Place, Ashton On Ribble, Preston, Lancashire PR2 1DL4
£250K03/230.46 mi61, Tulketh Crescent, Ashton On Ribble, Preston, Lancashire PR2 2RJ4
£425K11/200.5 mi17, Cottam Lane, Ashton On Ribble, Preston, Lancashire PR2 1JR4
£102K04/230.51 mi22, Oxheys Street, Preston, Lancashire PR1 7PP4
£194.4K03/230.56 mi1, West Park Lane, Ashton On Ribble, Preston, Lancashire PR2 1JX4
£82K12/200.58 mi206, Plungington Road, Preston, Lancashire PR1 7UB4
£115K12/200.58 mi29, Norris Street, Preston, Lancashire PR1 7PX4
£240K08/210.59 mi572, Blackpool Road, Ashton On Ribble, Preston, Lancashire PR2 1JA4
£212.5K03/210.6 mi20, St Catherines Drive, Fulwood, Preston, Lancashire PR2 3RL4
£152K01/230.6 mi582, Blackpool Road, Ashton On Ribble, Preston, Lancashire PR2 1JA4
£264K12/200.61 mi47, Powis Road, Ashton On Ribble, Preston, Lancashire PR2 1AD4
£94K02/210.63 mi10, Cheviot Street, Preston, Lancashire PR1 8UE4
£270K07/210.64 mi83, Black Bull Lane, Fulwood, Preston, Lancashire PR2 3PY4
£125K07/230.68 mi17, St Marks Road, Preston, Lancashire PR1 8TL4
£132K03/230.7 mi2, Eldon Street, Preston, Lancashire PR1 7YE4
£235K11/200.71 mi28, Beacon Grove, Fulwood, Preston, Lancashire PR2 3QU4
£312K01/230.71 mi12, Beacon Grove, Fulwood, Preston, Lancashire PR2 3QU4
£250K03/230.71 mi22, Symonds Road, Fulwood, Preston, Lancashire PR2 3DH4
£259.9K03/210.72 mi73, Wellington Street, Preston, Lancashire PR1 8TQ4
£145K05/210.78 mi2, Lorraine Avenue, Fulwood, Preston, Lancashire PR2 3BL4
£245K09/230.8 mi14, Oaktree Close, Ingol, Preston, Lancashire PR2 3UZ4
£117K12/200.82 mi27, Cottam Avenue, Ingol, Preston, Lancashire PR2 3XE4
£235.6K07/230.83 mi41, Greenfield Way, Ingol, Preston, Lancashire PR2 3GE4
£237.5K05/210.83 mi41, Greenfield Way, Ingol, Preston, Lancashire PR2 3GE4
£395K01/230.84 mi5, Higher Greenfield, Ingol, Preston, Lancashire PR2 3ZX4
£342K08/230.92 mi27, Kilworth Height, Fulwood, Preston, Lancashire PR2 3NU4
£255K04/210.94 mi141, Black Bull Lane, Fulwood, Preston, Lancashire PR2 3PD4
£211.1K05/230.97 mi48, Kilworth Height, Fulwood, Preston, Lancashire PR2 3NX4
£207K01/230.98 mi3, Chalfont Field, Fulwood, Preston, Lancashire PR2 3WU4
£420K03/230.98 mi23, Lower Bank Road, Fulwood, Preston, Lancashire PR2 8NS4

Local Rents

50 rents from £399/mo to £7.3K/mo, average is £963/mo.

RentDateDistanceAddressBeds 
£80001/250.03 mi-3
£80003/250.03 mi-3
£77506/240.04 mi-3
£85006/240.08 miFulshaw Road, Ashton-On-Ribble3
£2,73007/240.16 miTomlinson Road, Ashton-on-Ribble, Preston6
£79507/240.17 miBalcarres Road, Ashton-on-Ribble, Preston, PR23
£84503/250.19 mi-3
£1,20006/240.19 miShelley Road, Ashton On Ribble, Preston4
£39907/240.23 miBulmer Street, PRESTON, Lancashire PR2 2SL3
£90007/240.23 miRoebuck Street, Ashton-on-Ribble, Preston3
£82512/240.23 miInkerman Street, Ashton-on-Ribble, Preston, Lancashire, PR23
£1,50006/240.24 mi-4
£95007/240.25 miLowther Street, Ashton-on-Ribble, Preston3
£95007/240.25 miLowther Street, Ashton-on-Ribble3
£1,14512/240.25 mi-3
£85007/240.25 miParker Street, Ashton3
£1,00012/240.26 mi-3
£1,00007/240.26 miLowther Street, Preston, PR23
£7,32406/240.26 miDe Lacy Street, Ashton-on-Ribble, Preston, Lancashire, PR24
£80006/240.26 miDe Lacy Street, Ashton-on-Ribble3
£85001/250.29 mi-3
£1,19507/240.29 miFazackerley Street, Ashton-on-Ribble, Preston5
£1,10006/240.3 miInkerman Street, Ashton-on-Ribble, Preston3
£80001/250.3 mi-3
£1,30007/240.3 miInkerman Street, PRESTON, Lancashire PR2 8BN4
£95002/250.35 mi-3
£80006/240.37 miWellington Road, Ashton5
£1,10007/240.39 miMaynard Street, Ashton-on-Ribble, Preston4
£1,47307/240.39 miMaynard Street, Ashton-on-Ribble, Preston4
£1,36506/240.39 miEldon Street, Ashton-on-Ribble, PRESTON, Lancashire PR2 2AY3
£97512/240.41 miWaterloo Terrace Preston PR2 1DB4
£97510/230.41 miWaterloo Terrace Preston PR2 1DB4
£85006/240.41 miRoyal Drive, Fulwood3
£1,30007/240.42 miRoyal Drive, Fulwood, Preston4
£1,92007/240.42 miHesketh Street, Preston, Lancashire, PR24
£1,90707/240.42 miHesketh Street, Ashton-on-Ribble, Preston4
£75007/240.43 miPoulton Street, Ashton3
£1,86706/240.44 miShelley Road, Preston, PR24
£97506/240.44 miCadley Causeway, Fulwood, Preston, Lancashire, PR23
£1,05007/240.45 miBrookhouse Street, Ashton-on-Ribble, PRESTON, Lancashire PR2 2AN4
£83501/250.46 mi-3
£1,25001/250.46 mi-3
£95007/240.47 mi-3
£1,01507/240.48 miCardigan Street, Ashton-on-Ribble, Preston4
£95007/240.48 miCardigan Street, PRESTON, Lancashire PR2 2AS3
£73412/240.48 mi-3
£75007/240.48 miEldon Street, Ashton3
£1,39807/240.49 miEldon Street, Preston, Lancashire, PR13
£1,36506/240.49 miEldon Street, Preston3
£85012/240.49 miBrook Street, Fulwood, Preston, Lancashire, PR23

Local Area Statistics

Population in PR2

77,713

Population in Preston

286,036

Town centre distance

1.53 miles away

Nearest school

0.30 miles away

Nearest train station

1.38 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-7%

Sales demand

Seller's market

Capital growth (5yrs)

+25%

Property History

Listed for £148,000

October 25, 2024

Floor Plans

Description

  • Ideal Investment Opportunity +
  • Shops And Amenities Nearby +
  • Close To Public Transport +
  • 4 Bedrooms +
  • Double Glazing +
  • Rear Garden +

DUE TO UNFORESEEN CIRCUMSTANCES (We can share)-AVAILABLE ONCE MORE
Previously SOLD ABOVE this price-Open to competitive offers for quick sale.

Amazing chance to add value FOUR bed, two reception room property with very large rear space. Canal walks 1 minute away. Previously rented for £850 pcm-Now vacant. Just needs some TLC and decorators vision. Situated in Ashton and with amenities close by.

Welcome to this well-proportioned FOUR bedroom property, with two reception rooms and large rear outdoor space. This is ideal for a buy-to-let investor or for a first-time buyer, looking for a property to add value to. In reality the property needs a re-fresh from a buyer with a vision to bring it back to life.

There are few 4 bedroom properties in this area and in this price range and so we anticipate a quick sale.

The rear of the property boasts a large patio area, outhouse with storage and a W.C. and could easily be developed further. The rear benefits from all-day summer sunshine and would make an ideal al-fresco dining/BBQ area for all the family. Surrounded with green shrubbery, this private area is a major selling point.

Fancy a walk along the canal? No problem-The canal path is 1 minute around the corner.

This is a real opportunity to add value and enjoy life to the max. Book your viewing today.

Tenure: Freehold

Council Tax Band:B

EPC Rating D

Previous rental income of £850 pcm

Please contact Kingswood.

City Office:

11 Lune St, Preston, PR1 2NL

Disclaimer
These particulars, whilst believed to be correct, do not form any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact. No person in this firm's employment has the authority to make or give any representation or warranty in respect of the property. All measurements quoted are approximate. Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.

Agent Details

Kingswood, Fulwood

01772 419787

Next Steps?

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