2 Bed Terraced House, Single Let, Accrington, BB5 4NB, £70,000

Spread Eagle Street, Accrington, BB5 4NB - 5 months ago

Sold STC
BTL
ROI: 1%
~68 m²
+10 photos

ValuationUndervalued

Sold Prices£50K - £190K
Sold Prices/m²£342/m² - £2.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1K/m²

Value Estimate

£83,218

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£17,500

Stamp Duty & Legal Fees

£5,100

Total Cash In

£22,600

 

 

Cash Out

 

Rent Range

£550 - £750

Rent Estimate

£560

Running Costs/mo

£351

Cashflow/mo

£209

Cashflow/yr

£2,511

ROI

11%

Gross Yield

10%

Local Sold Prices

50 sold prices from £50K to £190K, average is £114K. £342/m² to £2.3K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£115K11/210 mi14, Spread Eagle Street, Oswaldtwistle, Accrington, Lancashire BB5 4NB2
£125K04/230.07 mi39, Turnpike Grove, Oswaldtwistle, Accrington, Lancashire BB5 4NL2
£125K05/230.07 mi8, Turnpike Grove, Oswaldtwistle, Accrington, Lancashire BB5 4NL2
£167K05/230.07 mi35, Turnpike Grove, Oswaldtwistle, Accrington, Lancashire BB5 4NL2
£112.5K10/210.07 mi92, Tower Street, Oswaldtwistle, Accrington, Lancashire BB5 4LU2
£168K01/230.18 mi7, Dunster Avenue, Oswaldtwistle, Accrington, Lancashire BB5 4NX2
£135.5K04/230.18 mi513, Blackburn Road, Oswaldtwistle, Accrington, Lancashire BB5 4LP2
£185K02/230.28 mi3, Brecon Avenue, Oswaldtwistle, Accrington, Lancashire BB5 4QS2
£150K06/210.28 mi18, Brecon Avenue, Oswaldtwistle, Accrington, Lancashire BB5 4QS2
£142K05/230.31 mi198, Blackburn Road, Oswaldtwistle, Accrington, Lancashire BB5 4NZ2
£135.5K03/230.38 mi1, Ennerdale Close, Oswaldtwistle, Accrington, Lancashire BB5 4RF2
£145K11/210.45 mi7, Nab Lane, Oswaldtwistle, Accrington, Lancashire BB5 4PT2
£90K08/230.56 mi32, Stanhill Lane, Oswaldtwistle, Accrington, Lancashire BB5 4QF2
£125K08/210.59 mi42, White Ash Lane, Oswaldtwistle, Accrington, Lancashire BB5 3JG2
£148K05/230.59 mi67, White Ash Lane, Oswaldtwistle, Accrington, Lancashire BB5 3JG2
£112K08/210.61 mi23, The Cooperage, Oswaldtwistle, Accrington, Lancashire BB5 3LB2
£190K12/220.61 mi6, Ward Avenue, Oswaldtwistle, Accrington, Lancashire BB5 3NP2
£117.5K03/230.62 mi6, Bury Street, Oswaldtwistle, Accrington, Lancashire BB5 3JE2
£65.3K05/210.64 mi41, Cross Street, Oswaldtwistle, Accrington, Lancashire BB5 3LL2
£95K11/210.68 mi22, Milton Street, Oswaldtwistle, Accrington, Lancashire BB5 3LZ2
£66K02/210.68 mi7, Milton Street, Oswaldtwistle, Accrington, Lancashire BB5 3LZ2
£115K10/210.68 mi44, Mill Hill, Oswaldtwistle, Accrington, Lancashire BB5 3LX2
£50K03/230.69 mi3, Milton Street, Oswaldtwistle, Accrington, Lancashire BB5 3LZ2
£67K05/230.7 mi16, Garden Street, Oswaldtwistle, Accrington, Lancashire BB5 3LS2
£118K03/230.73 mi18, New Lane, Oswaldtwistle, Accrington, Lancashire BB5 3PH2
£120K05/230.75 mi11, Stanley Street, Oswaldtwistle, Accrington, Lancashire BB5 3PZ2
£87K12/200.75 mi36, Stanley Street, Oswaldtwistle, Accrington, Lancashire BB5 3PZ2
£65K10/210.76 mi5, Brook Street, Oswaldtwistle, Accrington, Lancashire BB5 3JA2
£69.5K05/230.76 mi17, Brook Street, Oswaldtwistle, Accrington, Lancashire BB5 3JA2
£60K07/230.76 mi4, Mill Street, Oswaldtwistle, Accrington, Lancashire BB5 3HY2
£75K05/230.77 mi7, Chapel Street, Oswaldtwistle, Accrington, Lancashire BB5 3EP2
£122K02/230.77 mi8, Chapel Street, Oswaldtwistle, Accrington, Lancashire BB5 3EP2
£90K05/210.78 mi19, Robert Street, Oswaldtwistle, Accrington, Lancashire BB5 3JT2
£120K03/230.78 mi11, Duke Street, Oswaldtwistle, Accrington, Lancashire BB5 3PN2
£72K07/210.79 mi4, Queen Street, Oswaldtwistle, Accrington, Lancashire BB5 3DQ2
£67K01/210.79 mi3, South Shore Street, Church, Accrington, Lancashire BB5 0DZ2
£66K01/210.8 mi12, Roe Greave Road, Oswaldtwistle, Accrington, Lancashire BB5 3QD2
£113K01/210.81 mi19, Margaret Street, Oswaldtwistle, Accrington, Lancashire BB5 3QU2
£72K06/230.82 mi13, Canal Street, Church, Accrington, Lancashire BB5 4JU2
£110K02/230.82 mi27, Alleytroyds, Church, Accrington, Lancashire BB5 0DU2
£96K11/200.83 mi5, Paddock Street, Oswaldtwistle, Accrington, Lancashire BB5 3HJ2
£91.5K12/200.83 mi38, Rhyddings Street, Oswaldtwistle, Accrington, Lancashire BB5 3ER2
£131K03/230.85 mi12, Cecil Street, Oswaldtwistle, Accrington, Lancashire BB5 3HF2
£128K09/210.85 mi77, Lord Street, Oswaldtwistle, Accrington, Lancashire BB5 3EF2
£92K03/230.85 mi63, Lord Street, Oswaldtwistle, Accrington, Lancashire BB5 3EF2
£127K04/210.87 mi15, Apple Tree Way, Oswaldtwistle, Accrington, Lancashire BB5 0FB2
£118K10/210.87 mi8, Charles Street, Oswaldtwistle, Accrington, Lancashire BB5 3EX2
£90K08/210.87 mi24, Haworth Street, Oswaldtwistle, Accrington, Lancashire BB5 3EA2
£129.9K02/230.88 mi160, New Lane, Oswaldtwistle, Accrington, Lancashire BB5 3QW2
£68K03/210.89 mi6, Albert Street, Church, Accrington, Lancashire BB5 4JZ2

Local Rents

22 rents from £550/mo to £750/mo, average is £625/mo.

RentDateDistanceAddressBeds 
£72503/250.05 mi-2
£62512/240.06 mi-2
£65002/250.74 mi-2
£62502/250.74 mi-2
£57003/250.79 mi-2
£56012/240.79 miBlackpool Street, Church, Accrington, Lancashire, BB52
£70012/240.81 mi-2
£75012/240.81 miRoe Greave Road, Oswaldtwistle, Accrington2
£72504/250.81 mi-2
£70004/250.83 mi-2
£60012/240.87 miLime Avenue, Oswaldtwistle, BB52
£62512/240.88 miGeorge Street, Oswaldtwistle, Accrington, Lancashire, BB52
£65012/240.91 miTinker Brook Close, Oswaldtwistle, Lancashire, BB52
£59512/240.95 miLion Street, Church, Accrington, Lancashire, BB52
£65004/251.02 mi-2
£55003/241.06 mi-2
£55002/251.07 miEdleston Street, Accrington, Lancashire, BB52
£59512/241.11 mi35 Persia Street,Accrington,BB52
£65012/241.21 miHenry St, BB12
£56012/241.22 miDill Hall Lane, Church2
£57501/251.22 mi-2
£62512/241.23 miCompany Street, BB12

Local Area Statistics

Population in BB5

61,415

Town centre distance

2.11 miles away

Nearest school

0.20 miles away

Nearest train station

0.79 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+21%

Sales demand

Seller's market

Capital growth (5yrs)

+23%

Property History

Price changed to £70,000

March 8, 2025

Price changed to £80,000

January 27, 2025

Price changed to £120,000

December 5, 2024

Listed for £130,000

November 26, 2024

Floor Plans

Description

  • Ideal First Time Buyer Property +
  • Traditional Terrace Property +
  • Two Bedrooms +
  • Two Reception Rooms +
  • Presented To A High Standard +
  • Sold With No Chain +

The Property
Spacious 2 Bedroom Family Home in Accrington

Welcome to this delightful two bedroom traditional mid terraced property, ideally located in a popular residential area of Lancashire. Perfect for families, this charming home offers a blend of comfortable living spaces and modern convenience.

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Blackburn

024 7542 0657

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪