2 Bed Terraced House, Single Let, Preston, PR1 8NX, £115,000

Talbot Road, Preston, Lancashire, PR1 8NX - 5 months ago

BTL
ROI: 7%
~76 m²
+3 photos

ValuationOvervalued

Sold Prices£70K - £183K
Sold Prices/m²£843/m² - £3.3K/m²

 

 

Square Metres

~75.62 m²
Price/m²£1.5K/m²

Value Estimate

£102,865

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£28,750

Stamp Duty & Legal Fees

£6,950

Total Cash In

£35,700

 

 

Cash Out

 

Rent Range

£650 - £2,185

Rent Estimate

£750

Running Costs/mo

£529

Cashflow/mo

£221

Cashflow/yr

£2,648

ROI

7%

Gross Yield

8%

Local Sold Prices

50 sold prices from £70K to £183K, average is £98K. £843/m² to £3.3K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£98K09/210 mi33, Talbot Road, Preston, Lancashire PR1 8NX2
£85K03/230.1 mi16, Nelson Terrace, Preston, Lancashire PR1 8SQ2
£82K06/230.12 mi27, Kingswood Street, Preston, Lancashire PR1 8NP2
£75K01/210.16 mi21, Langton Street, Preston, Lancashire PR1 8PY2
£103.5K03/210.31 mi36, Beamont Drive, Preston, Lancashire PR1 8UN2
£123K01/210.31 mi5, Beamont Drive, Preston, Lancashire PR1 8UN2
£115K04/230.32 mi2, Weston Street, Ashton On Ribble, Preston, Lancashire PR2 2QE2
£90K10/210.35 mi35, St Marks Road, Preston, Lancashire PR1 8TL2
£110K10/210.35 mi13, Colman Court, Preston, Lancashire PR1 8DL2
£125K01/230.37 mi38, Grafton Street, Preston, Lancashire PR1 8JH2
£79K01/210.38 mi17, Brixey Street, Preston, Lancashire PR1 8EB2
£85K10/210.38 mi119, Wellington Street, Preston, Lancashire PR1 8TS2
£75K04/230.38 mi111, Wellington Street, Preston, Lancashire PR1 8TS2
£92K12/200.4 mi15, Beech Terrace, Preston, Lancashire PR1 8DQ2
£70K06/230.41 mi15, Bird Street, Preston, Lancashire PR1 8DY2
£77K11/200.47 mi10, River Parade, Preston, Lancashire PR1 8EJ2
£97K02/230.52 mi15, Meath Road, Preston, Lancashire PR1 8EP2
£78K08/210.53 mi38, Tulketh Road, Ashton On Ribble, Preston, Lancashire PR2 1AQ2
£95K05/210.53 mi50, Tulketh Road, Ashton On Ribble, Preston, Lancashire PR2 1AQ2
£96.5K03/230.53 mi5, Meath Road, Preston, Lancashire PR1 8EP2
£98K02/210.55 mi1, Tulketh Crescent, Ashton On Ribble, Preston, Lancashire PR2 2RH2
£102.5K02/210.55 mi32, Swansea Street, Ashton On Ribble, Preston, Lancashire PR2 1AS2
£90K07/210.55 mi21, Bray Street, Ashton On Ribble, Preston, Lancashire PR2 2RP2
£98K05/230.57 mi26, Mersey Street, Ashton On Ribble, Preston, Lancashire PR2 1BB2
£90K11/200.57 mi35, Mersey Street, Ashton On Ribble, Preston, Lancashire PR2 1BB2
£100K03/210.59 mi15, Garden Street, Preston, Lancashire PR1 8BT2
£100K07/230.61 mi3, Cardigan Street, Ashton On Ribble, Preston, Lancashire PR2 2AS2
£80K03/210.61 mi7, Flett Street, Ashton On Ribble, Preston, Lancashire PR2 2RX2
£158K03/230.63 mi37, Endeavour Close, Ashton On Ribble, Preston, Lancashire PR2 2YG2
£85K12/200.64 mi67, Poulton Street, Ashton On Ribble, Preston, Lancashire PR2 2SA2
£76K03/210.64 mi16, Poulton Street, Ashton On Ribble, Preston, Lancashire PR2 2SA2
£117K06/230.64 mi41, Poulton Street, Ashton On Ribble, Preston, Lancashire PR2 2SA2
£98K02/230.64 mi48, De Lacy Street, Ashton On Ribble, Preston, Lancashire PR2 2DD2
£183K12/220.66 mi27, South End, Preston, Lancashire PR1 8HA2
£76K12/200.67 mi50, De Lacy Street, Ashton On Ribble, Preston, Lancashire PR2 2DD2
£95K04/210.67 mi15, De Lacy Street, Ashton On Ribble, Preston, Lancashire PR2 2DD2
£83K05/230.67 mi13, Nares Street, Ashton On Ribble, Preston, Lancashire PR2 2SS2
£92.5K12/200.67 mi7, Brookhouse Street, Ashton On Ribble, Preston, Lancashire PR2 2AN2
£108K09/210.67 mi85, Waterloo Terrace, Ashton On Ribble, Preston, Lancashire PR2 1DA2
£118.5K03/230.67 mi35, Waterloo Terrace, Ashton On Ribble, Preston, Lancashire PR2 1DA2
£115K11/200.67 mi27, Waterloo Terrace, Ashton On Ribble, Preston, Lancashire PR2 1DA2
£105K11/200.67 mi37, Waterloo Terrace, Ashton On Ribble, Preston, Lancashire PR2 1DA2
£116.5K12/200.67 mi83, Waterloo Terrace, Ashton On Ribble, Preston, Lancashire PR2 1DA2
£180K12/220.68 mi22, Britannia Drive, Ashton On Ribble, Preston, Lancashire PR2 2YD2
£120K03/230.68 mi8, Waterloo Terrace, Ashton On Ribble, Preston, Lancashire PR2 1DB2
£110K03/230.69 mi64, Inkerman Street, Ashton On Ribble, Preston, Lancashire PR2 2AQ2
£123.5K07/230.71 mi57, Wellington Road, Ashton On Ribble, Preston, Lancashire PR2 1BU2
£135K06/230.71 mi107, Shelley Road, Ashton On Ribble, Preston, Lancashire PR2 2DA2
£114K06/210.74 mi98, Stocks Road, Ashton On Ribble, Preston, Lancashire PR2 2SY2
£127.4K03/230.76 mi23, Oswald Road, Ashton On Ribble, Preston, Lancashire PR2 1BT2

Local Rents

50 rents from £650/mo to £2.2K/mo, average is £867/mo.

RentDateDistanceAddressBeds 
£79511/240.06 mi-2
£72506/240.16 miLangton Street, PRESTON PR1 8PY2
£75006/240.16 miLangton Street, Preston2
£80007/240.18 mi-2
£95010/240.24 mi-2
£86707/240.24 mi-2
£86707/240.24 mi-2
£75007/240.24 miChrist Church Street, Preston, PR12
£87207/240.24 miChrist Church Street, Preston, Lancashire, PR12
£1,04006/240.24 miChristchurch Street-Flat 1, PRESTON PR1 8PH2
£82307/240.24 miChristchurch Street flat 2, PRESTON PR1 8PH2
£75008/240.25 miChrist Church Street, Preston2
£75008/240.25 miChrist Church Street, Preston2
£1,00007/240.25 miWellfield Road, Preston, Lancashire, PR12
£1,08306/240.27 miFlat 2 Preston PR1 8JE2
£1,08306/240.27 miFlat 1 Preston PR1 8JE2
£1,08306/240.27 mi Preston PR1 8JE2
£85008/240.27 mi-2
£85009/240.27 mi-2
£1,12708/240.29 mia Fishergate Hill, Preston2
£97106/240.3 miFishergate Hill Flat, PRESTON, Lancashire PR1 8JB2
£1,40007/240.3 miThe Old County Hotel, Fishergate Hill, Preston2
£1,49503/250.3 mi-2
£1,49503/250.3 mi-2
£75007/240.31 miKingfisher Court, Preston2
£75008/240.31 miKingfisher Court, Preston2
£79010/230.31 miKingfisher court, Beamont Drive, Preston2
£70006/240.31 miBeamont Drive, Preston, PR12
£75007/240.31 miBeamont Drive, Preston2
£90007/240.34 miStation Terrace, Waltons Parade2
£1,00207/240.35 miSt. Marks Road, Preston, Lancashire, PR12
£75008/240.35 mi-2
£75003/250.35 mi-2
£77002/240.35 mi-2
£99708/240.36 miFishergate Court, Flat 1, PRESTON, Lancashire PR1 8JB2
£1,04008/240.36 miFishergate Court, Flat 2, PRESTON, Lancashire PR1 8JB2
£99708/240.36 miFishergate Court, Flat 3, PRESTON, Lancashire PR1 8JB2
£1,10007/240.36 miFlat , Fishergate Court, Fishergate, Preston2
£1,64506/240.36 mi-2
£2,18509/240.36 mi-2
£2,18503/250.36 mi-2
£75007/240.4 miSteeple View, Ashton-on-ribble, Preston2
£75006/240.4 mi-2
£1,10006/240.41 miThe Sorting Office, 42 West Cliff, Preston, PR12
£69506/240.42 miTaylor Street, Broadgate, Preston PR12
£85006/240.42 miWest Cliff, Preston2
£65006/240.43 miWest Strand Preston PR1 8UJ2
£67507/240.43 miTyne Street, Preston2
£92706/240.44 miFylde Road, Flat 08, PRESTON, Lancashire PR1 2XP2
£92707/240.44 miFylde Road Flat 2, PRESTON, Lancashire PR1 2XP2

Local Area Statistics

Population in PR1

72,064

Population in Preston

286,036

Town centre distance

1.29 miles away

Nearest school

0.40 miles away

Nearest train station

0.43 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+3%

Sales demand

Seller's market

Capital growth (5yrs)

+17%

Property History

Price changed to £115,000

March 20, 2025

Listed for £125,000

October 28, 2024

Floor Plans

Description

  • Ideal First Time Buyer Home +
  • Two Bedroom Mid Terrace +
  • Modern Fitted Kitchen +
  • Four Piece Bathroom +
  • Within Walking Distance to the City Centre +
  • No Chain +
  • Viewing Advised! +

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 most cases.

PRS240476/2

Agent Details

Reeds Rains, Preston

01772 283830

Next Steps?

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