2 Bed Terraced House, Single Let, Preston, PR1 3TH, £135,000

Avenham Road, Preston, PR1 3TH - 3 views - 4 months ago

Sold STC
Leasehold
BTL
ROI: 4%
~68 m²
+7 photos

ValuationOvervalued

Sold Prices£68K - £183K
Sold Prices/m²£843/m² - £3.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2K/m²

Value Estimate

£92,573

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£33,750

Stamp Duty & Legal Fees

£5,250

Total Cash In

£39,000

 

 

Cash Out

 

Rent Range

£650 - £2,000

Rent Estimate

£731

Running Costs/mo

£588

Cashflow/mo

£143

Cashflow/yr

£1,715

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £68K to £183K, average is £95K. £843/m² to £3.2K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£110K01/230.07 mi42, Great Avenham Street, Preston, Lancashire PR1 3TD2
£92K03/230.12 mi8, Wolseley Place, Preston, Lancashire PR1 3XJ2
£100K03/210.22 mi15, Garden Street, Preston, Lancashire PR1 8BT2
£80K05/210.47 mi44, Trower Street, Preston, Lancashire PR1 4LY2
£85K06/210.55 mi25, Coronation Crescent, Preston, Lancashire PR1 4JY2
£125K01/230.59 mi38, Grafton Street, Preston, Lancashire PR1 8JH2
£110K05/230.62 mi167, London Road, Preston, Lancashire PR1 4BA2
£92K12/200.66 mi15, Beech Terrace, Preston, Lancashire PR1 8DQ2
£183K12/220.66 mi27, South End, Preston, Lancashire PR1 8HA2
£100K02/230.67 mi19, Alexandra Street, Preston, Lancashire PR1 4BL2
£82K06/230.68 mi27, Kingswood Street, Preston, Lancashire PR1 8NP2
£96K03/230.69 mi41, Brockholes View, Preston, Lancashire PR1 4BH2
£110K10/210.69 mi13, Colman Court, Preston, Lancashire PR1 8DL2
£75K01/210.7 mi21, Langton Street, Preston, Lancashire PR1 8PY2
£77K11/200.72 mi10, River Parade, Preston, Lancashire PR1 8EJ2
£79K01/210.74 mi17, Brixey Street, Preston, Lancashire PR1 8EB2
£70K06/230.74 mi15, Bird Street, Preston, Lancashire PR1 8DY2
£96.5K03/230.75 mi5, Meath Road, Preston, Lancashire PR1 8EP2
£97K02/230.75 mi15, Meath Road, Preston, Lancashire PR1 8EP2
£85K03/230.79 mi16, Nelson Terrace, Preston, Lancashire PR1 8SQ2
£98K09/210.79 mi33, Talbot Road, Preston, Lancashire PR1 8NX2
£160K06/210.79 mi71, Margaret Road, Penwortham, Preston, Lancashire PR1 9RU2
£70K03/210.79 mi15, Stafford Road, Preston, Lancashire PR1 6LB2
£83K05/230.8 mi63, Lincoln Street, Preston, Lancashire PR1 6RE2
£160K12/200.81 mi11, Riverside Road, Penwortham, Preston, Lancashire PR1 9RE2
£125K05/210.85 mi4, Bridge Terrace, Walton Le Dale, Preston, Lancashire PR5 4AH2
£129K02/210.86 mi17, Talbot Road, Penwortham, Preston, Lancashire PR1 9QU2
£164K06/230.86 mi14, Talbot Road, Penwortham, Preston, Lancashire PR1 9QU2
£95K04/230.88 mi24, Castleton Road, Preston, Lancashire PR1 6QE2
£88K02/210.88 mi84, Castleton Road, Preston, Lancashire PR1 6QE2
£95K02/230.89 mi12, Castleton Road, Preston, Lancashire PR1 6QE2
£115K04/230.89 mi2, Weston Street, Ashton On Ribble, Preston, Lancashire PR2 2QE2
£130K05/210.9 mi7, Edward Street, Walton Le Dale, Preston, Lancashire PR5 4BY2
£116K04/210.9 mi23, Edward Street, Walton Le Dale, Preston, Lancashire PR5 4BY2
£97K10/200.91 mi55, Victoria Road, Walton Le Dale, Preston, Lancashire PR5 4AA2
£82K12/210.92 mi2, St Lukes Place, Preston, Lancashire PR1 5DE2
£88K03/230.92 mi4, St Lukes Place, Preston, Lancashire PR1 5DE2
£90K06/230.92 mi121, St Georges Road, Preston, Lancashire PR1 1PR2
£167K01/230.93 mi45, Victoria Road, Walton Le Dale, Preston, Lancashire PR5 4AA2
£105K01/230.94 mi173, St Georges Road, Preston, Lancashire PR1 6NQ2
£68K09/210.95 mi44, Elcho Street, Preston, Lancashire PR1 6BA2
£77K04/210.96 mi14, Milner Street, Preston, Lancashire PR1 6BN2
£150K01/210.96 mi124, Leyland Road, Penwortham, Preston, Lancashire PR1 9QD2
£85K10/210.96 mi13, Arkwright Road, Preston, Lancashire PR1 6BX2
£82K02/210.96 mi7, Shuttleworth Road, Preston, Lancashire PR1 6DA2
£69.5K06/210.97 mi9, Scotforth Road, Preston, Lancashire PR1 4XX2
£70K03/210.97 mi16, St Davids Road, Preston, Lancashire PR1 6NB2
£90K08/210.98 mi169, Kent Street, Preston, Lancashire PR1 1PH2
£105K07/230.98 mi46, Chatsworth Street, Preston, Lancashire PR1 4XY2
£79K04/210.98 mi24, Andrew Street, Preston, Lancashire PR1 5HU2

Local Rents

50 rents from £650/mo to £2K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£99510/230.02 miGoldthread Works,City Centre PR12
£75007/240.03 miAvenham Mills, Preston2
£77506/240.05 miWinckley House, Winckley Square, Preston, Lancashire, PR12
£1,20008/240.06 mi24 Cannon Street , Preston, 2
£1,20006/240.06 mi24 Cannon Street , Preston, 2
£1,75007/240.06 miGuild House, 17 Cross Street, Preston, PR12
£90006/240.06 miBairstow Street, Preston2
£1,00008/240.06 miBairstow Street, Preston2
£79506/240.08 miCity Views, Prestion, PR1 3QE2
£75006/240.08 mi-2
£72506/240.08 miCross Street, Preston2
£80007/240.08 miCross Street, Preston2
£80007/240.08 miCross Street, Preston2
£70006/240.09 miSandown Court, Preston2
£1,29506/240.09 mi-2
£1,19508/240.09 mi-2
£69507/240.09 miStarkie Street, Preston2
£85007/240.1 miCross Street, Preston2
£75008/240.1 miCross Street, Preston2
£79509/240.1 miCross Street, Preston2
£2,00006/240.1 miBuckingham House, 3 Glovers Court, Preston, Lancashire, PR12
£1,95007/240.1 miBuckingham House, 3 Glovers Court, Preston, Lancashire, PR12
£99706/240.11 miLatham Street Flat, PRESTON, Lancashire PR1 3TE2
£1,45007/240.11 miBuckingham House, Glovers Court, Preston, Lancashire, PR12
£1,52507/240.11 miBuckingham House, Glovers Court, Preston, Lancashire, PR12
£1,55007/240.11 miBuckingham House, Glovers Court, Preston, Lancashire, PR12
£1,57507/240.11 miBuckingham House, Glovers Court, Preston, Lancashire, PR12
£1,55007/240.11 miBuckingham House, Glovers Court, Preston, Lancashire, PR12
£1,57507/240.11 miBuckingham House, Glovers Court, Preston, Lancashire, PR12
£1,55007/240.11 miBuckingham House, Glovers Court, Preston, Lancashire, PR12
£1,55007/240.11 miBuckingham House, Glovers Court, Preston, Lancashire, PR12
£1,65007/240.11 miBuckingham House, Glovers Court2
£1,60007/240.12 miBuckingham House, Glovers Court, Preston, Lancashire, PR12
£77507/240.12 miSandown Court, Avensham Lane, Preston, PR1 3RP2
£75007/240.12 miAvenham Lane, Preston2
£65002/250.12 mi-2
£1,25007/240.12 miFlat 13, The Union Lofts2
£97507/240.12 miPark House, Guildhall Street, Preston, PR12
£95007/240.12 miPark House, Guildhall Street, Preston, PR12
£92507/240.12 miPark House, Guildhall Street, Preston, Lancashire, PR12
£92507/240.12 miPark House, Guildhall Street, Preston, Lancashire, PR12
£1,15010/230.12 miWinckley Square, Preston, Lancashire, PR12
£1,00010/230.12 miWinckley Square, Preston, Lancashire, PR12
£85007/240.12 miWinckley Square, Preston2
£1,17006/240.12 miApt 7, 3 Ribblesdale Place Preston PR1 3AF2
£1,17006/240.12 miApt 4, 3 Ribblesdale Place Preston PR1 3AF2
£1,17007/240.12 miApt 1, 3 Ribblesdale Place Preston PR1 3AF2
£1,04006/240.12 miApt 2, 3 Ribblesdale Place Preston PR1 3AF2
£1,08306/240.12 miApt 3, 3 Ribblesdale Place Preston PR1 3AF2
£79510/230.12 miWolseley Place, Preston, Lancashire, PR12

Local Area Statistics

Population in PR1

72,064

Population in Preston

286,036

Town centre distance

0.95 miles away

Nearest school

0.10 miles away

Nearest train station

0.38 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+3%

Sales demand

Seller's market

Capital growth (5yrs)

+17%

Property History

Listed for £135,000

November 21, 2024

Floor Plans

Description

  • Chain Free +
  • Attn: First Time Buyers +
  • Ideal Investment Opportunity +
  • Shops And Amenities Nearby +
  • City Centre Location +
  • Mid Terrace House +
  • 2 Bedrooms +
  • 1 Reception Room +
  • Character Features +
  • Spacious and inviting +

If you love character properties with original features, this could be the perfect property for you. This two bedroom terraced house offers so much space internally and has as an excellent size cellar which will be stunning once it has been converted. Located in Preston city centre with shops, cafes, restaurants and bars within walking distance, we are expecting a huge amount of interest in it from first time buyers and investors. Call to arrange a viewing before it sells.

This lovely terraced house has so much kerb appeal and when you first see it, you will be so pleased that you chose to view it and be excited about seeing what it offers internally. When you enter you will be greeted by an entrance vestibule leading through to a good size hallway with stairs leading to the first floor. The bedrooms are located on the ground floor. Both of the bedrooms are good size doubles and have plenty of natural light flooding in and benefit from lovely character features including coving and picture rails.

The first floor offers just as much space as the ground floor and you will be so impressed when you climb the stairs and see it. On this floor there is a lounge, a kitchen and a bathroom. The lounge is an excellent size with two windows letting in so much natural light making the room feel light and spacious and creating a lovely living room. The kitchen and bathroom are a good size making this floor more than big enough for singles and couples living together.

Even though the property already offers ample space, if you want more in the future, there is an excellent size cellar which would be stunning once it has been converted.

The property is located in Preston city centre meaning that there are excellent shops, cafes, bars and restaurants on the doorstep. There are also superb transport links including Preston train station and bus station within walking distance. Winckley Square and the beautiful Avenham Park are also close by.

This is a leasehold property.

Length of lease - 999 years commencing on 1st January 2004

Annual service charge - £2126.37

Council tax band - B

EPC rating - E

It is incredibly rare that character properties in this area come to the market for sale and when they do, they sell very quickly. We are expecting a huge amount of interest from first time buyers and investors so call to arrange a viewing as quickly as possible to avoid missing out on it.

Please contact Kingswood.

Fulwood Office: 

77 Watling Street Road, Fulwood, Preston, PR2 8EA

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 firms 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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