3 Bed Semi-Detached House, Refurb/BRRR, Preston, PR5 6NE, £145,000

Langden Crescent, Bamber Bridge, PR5 6NE - 6 months ago

Sold STC
Refurb/BRRR
ROI: 6%
~79 m²
+12 photos

ValuationFair Value

Sold Prices£90K - £364K
Sold Prices/m²£841/m² - £3.4K/m²

 

 

Square Metres

~79.39 m²
Price/m²£1.8K/m²

Value Estimate

£143,094

 

 

End Value (After Refurb)

£141,057

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£36,250

Stamp Duty & Legal Fees

£8,850

Refurb Costs

£33,658

Bridging Loan Interest

£3,806

Total Cash In

£84,315

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£141,057

Mortgage (After Refinance)

£105,792

Mortgage LTV

75%

Cash Left In

£84,315

Equity

£35,264

Rent Range

£775 - £1,475

Rent Estimate

£1,065

Running Costs/mo

£674

Cashflow/mo

£391

Cashflow/yr

£4,694

ROI

6%

Gross Yield

9%

Local Sold Prices

50 sold prices from £90K to £364K, average is £152.5K. £841/m² to £3.4K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£150K08/210 mi44, Langden Crescent, Bamber Bridge, Preston, Lancashire PR5 6NE3
£130K02/230 mi45, Langden Crescent, Bamber Bridge, Preston, Lancashire PR5 6NE3
£123K02/210.07 mi74, Stockdale Crescent, Bamber Bridge, Preston, Lancashire PR5 6NB3
£153K10/210.08 mi43, Langden Crescent, Bamber Bridge, Preston, Lancashire PR5 6ND3
£162K11/220.08 mi24, Langden Crescent, Bamber Bridge, Preston, Lancashire PR5 6ND3
£145K08/230.11 mi2, Hodder Close, Bamber Bridge, Preston, Lancashire PR5 6WA3
£173K08/230.17 mi7, Brennand Close, Bamber Bridge, Preston, Lancashire PR5 6WH3
£212K11/210.24 mi30, St Saviours Close, Bamber Bridge, Preston, Lancashire PR5 6AH3
£125K02/210.28 mi264, Station Road, Bamber Bridge, Preston, Lancashire PR5 6EB3
£158K06/210.29 mi29, Further Field, Bamber Bridge, Preston, Lancashire PR5 6XP3
£160K02/230.29 mi29, Further Field, Bamber Bridge, Preston, Lancashire PR5 6XP3
£160K01/210.29 mi17, Further Field, Bamber Bridge, Preston, Lancashire PR5 6XP3
£160K03/230.31 mi9, Princess Street, Bamber Bridge, Preston, Lancashire PR5 6LP3
£97K05/210.34 mi5, Duke Street, Bamber Bridge, Preston, Lancashire PR5 6ET3
£200K11/220.34 mi17, West View, Bamber Bridge, Preston, Lancashire PR5 6DL3
£178K06/210.35 mi394, Station Road, Bamber Bridge, Preston, Lancashire PR5 6EL3
£149K02/210.35 mi17, West View, Bamber Bridge, Preston, Lancashire PR5 6DL3
£220K05/230.35 mi32, Withy Trees Avenue, Bamber Bridge, Preston, Lancashire PR5 6NS3
£140K08/230.39 mi42, Havelock Road, Bamber Bridge, Preston, Lancashire PR5 6ER3
£91K05/210.39 mi18, Bridge Street, Bamber Bridge, Preston, Lancashire PR5 6FR3
£91K05/210.39 mi18, Bridge Street, Bamber Bridge, Preston, Lancashire PR5 6FR3
£165K03/210.42 mi47, Withy Trees Avenue, Bamber Bridge, Preston, Lancashire PR5 6NR3
£165K09/210.43 mi39, Withy Grove Road, Bamber Bridge, Preston, Lancashire PR5 6WY3
£167.5K10/210.44 mi117, Old Hall Drive, Bamber Bridge, Preston, Lancashire PR5 6EU3
£90K06/230.44 mi81, Old Hall Drive, Bamber Bridge, Preston, Lancashire PR5 6EU3
£160K03/230.45 mi36, Kingsway, Bamber Bridge, Preston, Lancashire PR5 6UJ3
£165K01/230.45 mi19, Riverside, Bamber Bridge, Preston, Lancashire PR5 6ES3
£123K04/230.45 mi28, Riverside, Bamber Bridge, Preston, Lancashire PR5 6ES3
£274K04/210.48 mi111, Edward Street, Bamber Bridge, Preston, Lancashire PR5 6FD3
£150K02/230.48 mi54, Edward Street, Bamber Bridge, Preston, Lancashire PR5 6FD3
£180K12/220.49 mi52, Old Hall Drive, Bamber Bridge, Preston, Lancashire PR5 6FX3
£172.5K02/210.5 mi55, Withy Trees Avenue, Bamber Bridge, Preston, Lancashire PR5 6NU3
£151K10/210.52 mi11, Queensway, Bamber Bridge, Preston, Lancashire PR5 6UB3
£170K12/220.53 mi12, Ellen Street, Bamber Bridge, Preston, Lancashire PR5 6UN3
£110K03/210.54 mi6, Maple Drive, Bamber Bridge, Preston, Lancashire PR5 6RA3
£150K06/210.54 mi4, Regents Way, Bamber Bridge, Preston, Lancashire PR5 6UH3
£137K02/230.55 mi3, Poplar Avenue, Bamber Bridge, Preston, Lancashire PR5 6QX3
£225K11/220.56 mi16, Hazel Avenue, Bamber Bridge, Preston, Lancashire PR5 6PJ3
£115K03/230.57 mi2, James Street, Bamber Bridge, Preston, Lancashire PR5 6TH3
£135K07/230.57 mi14, James Street, Bamber Bridge, Preston, Lancashire PR5 6TH3
£143.2K08/230.58 mi48, Collins Road, Bamber Bridge, Preston, Lancashire PR5 6GT3
£128K03/210.58 mi66, Collins Road, Bamber Bridge, Preston, Lancashire PR5 6GT3
£210K09/210.59 mi9, Cottage Gardens, Bamber Bridge, Preston, Lancashire PR5 6AG3
£364K06/210.6 mi356, Brindle Road, Bamber Bridge, Preston, Lancashire PR5 6YN3
£138K11/200.6 mi33, Collins Road, Bamber Bridge, Preston, Lancashire PR5 6QT3
£135K01/210.6 mi59, Collins Road, Bamber Bridge, Preston, Lancashire PR5 6QT3
£180K01/230.6 mi13, Collins Road, Bamber Bridge, Preston, Lancashire PR5 6QT3
£145K07/230.61 mi29, Brownedge Lane, Bamber Bridge, Preston, Lancashire PR5 6TA3
£179K04/210.62 mi10, Welbeck Crescent, Bamber Bridge, Preston, Lancashire PR5 6ST3
£152K12/200.62 mi69, Brindle Road, Bamber Bridge, Preston, Lancashire PR5 6YH3

Local Rents

12 rents from £775/mo to £1.5K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,19512/240.1 mi-3
£1,15006/240.17 miSpinners Avenue, Bamber Bridge, Preston3
£1,47506/240.17 miSpinners Avenue, Wren Green Bamber Bridge3
£80006/240.25 miCambridge Road, Bamber Bridge3
£77512/240.26 mi-3
£99504/250.47 mi-3
£1,10003/250.49 mi-3
£1,10002/250.49 mi-3
£1,30001/250.52 mi-3
£82512/240.57 miJames Street, Bamber Bridge, Preston3
£89506/240.58 miCollins Road, Bamber Bridge3
£1,10006/240.6 miGarforth Crescent,Bamber Bridge,PR5 6SS ***PETS WELCOME***3

Local Area Statistics

Population in PR5

40,828

Population in Preston

286,036

Town centre distance

3.43 miles away

Nearest school

0.20 miles away

Nearest train station

0.35 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+1%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £145,000

November 1, 2024

Floor Plans

Description

  • Gas central heating and double glazing +
  • Spacious living accomodation +
  • Two reception rooms +
  • Conservatory +
  • Drive and Garage +
  • No Chain! +
  • Backs onto Woodland +
  • Schools nearby +
  • Requires modernisation +
  • Priced to sell! +

FULL DESCRIPTION This well located three bedroom family size house is situated close to shops, schools, bus routes and local amenities, restaurants and local supermarkets. The home backs onto woodland and provides off street parking, garage and a large secluded rear garden. The home needs renovation hence the very attractive asking price. NO CHAIN! 

PORCH Double glazed door and window. 

LOUNGE Log burner. Two double glazed windows. Central heating radiator. 

KITCHEN/DINING ROOM Open plan layout. Three double glazed windows. Double glazed door. One and a half bowl sink unit and mixer tap. Part tiled. Fitted wall and base units. 

CONSERVATORY Double glazed. 

STAIRS AND LANDING  

BEDROOM 1 Double glazed window. Central heating radiator. Fitted wardrobes and drawers. 

BEDROOM 2 Double glazed window. Central heating radiator. Fitted wardrobes. 

BEDROOM 3 Double glazed window. Central heating radiator. Fitted drawers. 

BATHROOM Bath. WC. Pedestal hand basin. Double glazed window. Part tiled. Over the bath shower. 

GARDENS Paved to front with driveway to side.

Large rear garden backing onto woodland. 

GARAGE  

BROADBAND COVERAGE BROADBAND

We are advised that the property can obtain Fibre to the Premises (FTTP)

MOBILE DATA

We are advised that you are likely to have mobile coverage

We would suggest that you also make your own enquiries as to Mobile Data coverage

Agent Details

Tiger Sales & Lettings, Blackpool

01253 835609

Next Steps?

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