3 Bed Terraced House, Single Let, Accrington, BB5 2LP, £60,000

311 Lemonius Street, Accrington, BB5 2LP - 3 views - 3 months ago

Auction
BTL
ROI: 15%
~93 m²
+17 photos

ValuationUndervalued

Sold Prices£38K - £280K
Sold Prices/m²£494/m² - £3.4K/m²

 

 

Square Metres

~93 m²
Price/m²£645/m²

Value Estimate

£72,600
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£15,000

Stamp Duty & Legal Fees

£3,000

Total Cash In

£18,000

 

 

Cash Out

 

Rent Range

£400 - £1,220

Rent Estimate

£546

Running Costs/mo

£317

Cashflow/mo

£229

Cashflow/yr

£2,752

ROI

15%

Gross Yield

11%

Local Sold Prices

50 sold prices from £38K to £280K, average is £136.3K. £494/m² to £3.4K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£118K04/210.05 mi5, Rough Lee Road, Accrington, Lancashire BB5 2LR3
£165K06/210.22 mi10, Wycollar Close, Accrington, Lancashire BB5 2LG3
£150K06/210.26 mi5, Sandy Lane, Accrington, Lancashire BB5 2AT3
£157K11/200.31 mi30, Cobham Road, Accrington, Lancashire BB5 2AD3
£154K09/210.31 mi149, Manchester Road, Accrington, Lancashire BB5 2NY3
£65K12/200.36 mi3, Lee Street, Accrington, Lancashire BB5 6RP3
£47K08/210.39 mi1, Hope Street, Accrington, Lancashire BB5 0PL3
£195K11/210.4 mi132, Manchester Road, Accrington, Lancashire BB5 2PD3
£137.5K09/210.41 mi15, Ascot Way, Accrington, Lancashire BB5 2AH3
£185K10/210.41 mi63, Ascot Way, Accrington, Lancashire BB5 2AH3
£78K04/230.42 mi49, Washington Street, Accrington, Lancashire BB5 6TF3
£89K06/230.5 mi60, Ormerod Street, Accrington, Lancashire BB5 0QG3
£122.1K06/230.5 mi45, Oakwood Road, Accrington, Lancashire BB5 2PG3
£198.5K01/210.5 mi14, Sedburgh Close, Accrington, Lancashire BB5 6TN3
£128K06/210.51 mi121, Plantation Road, Accrington, Lancashire BB5 6RU3
£149.5K11/210.52 mi2, Clarendon Street, Accrington, Lancashire BB5 6TA3
£85K10/210.53 mi108, Bold Street, Accrington, Lancashire BB5 6SW3
£73K12/200.54 mi84, Stanley Street, Accrington, Lancashire BB5 6PQ3
£95K12/200.54 mi71, Avenue Parade, Accrington, Lancashire BB5 6PN3
£249.9K01/230.55 mi36, Woodfield Avenue, Accrington, Lancashire BB5 2PJ3
£230K04/230.56 mi34, Woodfield Avenue, Accrington, Lancashire BB5 2PJ3
£76K03/230.56 mi23, Higher Antley Street, Accrington, Lancashire BB5 0SN3
£230K02/210.56 mi15, Leyburn Close, Accrington, Lancashire BB5 6SE3
£225K02/230.57 mi12, Aysgarth Drive, Accrington, Lancashire BB5 6SA3
£189K12/200.57 mi6, Askrigg Close, Accrington, Lancashire BB5 6SD3
£121K07/230.6 mi127, Bold Street, Accrington, Lancashire BB5 6SR3
£141K11/200.64 mi15, Shap Close, Accrington, Lancashire BB5 2TL3
£155K04/210.64 mi21, Shap Close, Accrington, Lancashire BB5 2TL3
£182K02/230.64 mi8, Shap Close, Accrington, Lancashire BB5 2TL3
£110K07/210.65 mi148, Fife Street, Accrington, Lancashire BB5 0HZ3
£82.5K06/230.65 mi33, Lodge Street, Accrington, Lancashire BB5 6EQ3
£170K06/230.66 mi300, Willows Lane, Accrington, Lancashire BB5 0NJ3
£155K11/200.67 mi164, Southwood Drive, Accrington, Lancashire BB5 2TU3
£135K12/200.67 mi168, Southwood Drive, Accrington, Lancashire BB5 2TU3
£135K06/230.68 mi67, Wordsworth Road, Accrington, Lancashire BB5 0LU3
£220K05/210.69 mi185, Hollins Lane, Accrington, Lancashire BB5 2QY3
£38K04/210.69 mi6, Lindadale Avenue, Accrington, Lancashire BB5 0NG3
£88K05/230.69 mi156, Water Street, Accrington, Lancashire BB5 6QU3
£108K10/210.7 mi251, Stanley Street, Accrington, Lancashire BB5 6QQ3
£112K02/210.7 mi205, Stanley Street, Accrington, Lancashire BB5 6QQ3
£184K03/230.71 mi11, Limewood Close, Accrington, Lancashire BB5 6UL3
£195K02/210.72 mi15, Warmden Avenue, Accrington, Lancashire BB5 2PR3
£49K06/230.72 mi92, Burnley Road, Accrington, Lancashire BB5 6DW3
£107K08/230.72 mi126, Burnley Road, Accrington, Lancashire BB5 6DW3
£110K03/230.74 mi26, Owen Street, Accrington, Lancashire BB5 6AU3
£122.5K04/230.75 mi71, Alice Street, Accrington, Lancashire BB5 6QR3
£145K03/210.77 mi21, Pinewood Drive, Accrington, Lancashire BB5 6UG3
£88K02/210.78 mi215, Richmond Road, Accrington, Lancashire BB5 0JB3
£145K08/210.78 mi15, Coppice Avenue, Accrington, Lancashire BB5 6QS3
£280K06/230.78 mi10, Coppice Avenue, Accrington, Lancashire BB5 6QS3

Local Rents

23 rents from £400/mo to £1.2K/mo, average is £725/mo.

RentDateDistanceAddressBeds 
£65002/250.28 mi-3
£69501/250.37 mi-3
£69502/250.37 mi-3
£75012/240.55 mi-3
£1,05012/240.58 miWillows Park, Accrington, BB53
£1,22012/240.58 miWillows Park, Accrington, BB53
£1,05012/240.58 miWillows Park, Accrington, BB53
£1,05012/240.58 miWillows Park, Accrington, BB53
£69512/240.66 miDunnyshop Avenue, Accrington, Lancashire, BB53
£67512/240.71 mi-3
£67512/240.71 miNorfolk Street, Accrington, BB53
£40012/240.71 mi-3
£65012/240.73 mi-3
£65012/240.73 miChester St, Accrington, BB53
£72512/240.75 miManor Street, Accrington, BB53
£72502/250.75 mi-3
£72502/240.78 mi-3
£59512/240.8 miSlaidburn Drive, Accrington, BB53
£75012/240.91 miExchange Street, BB53
£65012/241 mi-3
£75012/241.01 mi-3
£90012/241.09 mi-3
£97512/241.18 miRibblesdale Place, Accrington, BB53

Local Area Statistics

Population in BB5

61,415

Town centre distance

0.20 miles away

Nearest school

0.10 miles away

Nearest train station

0.55 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+21%

Sales demand

Seller's market

Capital growth (5yrs)

+23%

Property History

Listed for £60,000

December 17, 2024

Floor Plans

Description

  • To be sold via Online Auction, via unconditional terms, completion strictly within 28 days +
  • Three Bedrooms +
  • Three Piece Bathroom Suite +
  • Spacious Interiors Throughout +
  • Bursting with Potential +
  • Enclosed Yard to Rear +
  • On Street Parking +
  • Tenure TBC +
  • Council Tax Band A +
  • EPC Rating TBC +

AN ENVIABLE TERRACED PROPERTY

To be sold via Online Auction, via unconditional terms, completion strictly within 28 days

The Auction Group are proud to welcome to the market this fantastic three bedroom terraced property. Bursting with potential, this property benefits from three generously sized bedrooms, an open plan kitchen diner and no chain delay! Situated within the desirable location of Accrington, this property is only a stones throw away from the ever popular town centre, as well as being close to bus routes, local schools and amenities, as well as network links to Blackburn, Burnley, Rossendale and major motorway links. A complete blank canvas, this property is perfect for any potential buyer to put their own stamp on!

Auction Details
To be sold via Online Auction, via unconditional terms,completion strictly within 28 days
Bidding window opens - TBC
Auction Ends- TBC
Starting price - £60,000 (Reserve price is higher & unpublished)

Fees
All fees are payable by banks transfer only (we do not take card payments )
Buyers premium - Please note that there is a buyers premium that applies to this lot ( £5000 including VAT ) payable by the buyer within 2 hours of winning the auction. The buyers premium does not constitute part of the sale price, this is the auctioneers fee and is to be paid over and above the sale price paid to the vendor.

Searches - searches have been ordered and will be made available for download from The Auction Groups website prior to bidding taking place.

Viewings

To view the property please visit The Auction Groups website - for viewing availability and to register your interest. It is highly recommended that you carry out any required due diligence prior to placing an offer on a property.

Ground Floor -

Entrance Vestibule - 1.17m x 0.97m (3'10 x 3'2) - Hardwood single glazed frosted front door and hardwood single glazed frosted door to hallway.

Hallway - 4.45m x 1.17m (14'7 x 3'10) - Electric storage heater, coving, corbel, doors to reception room, kitchen/dining area and stairs to first floor.

Reception Room - 4.52m x 4.17m (14'10 x 13'8) - UPVC double glazed window, electric heater, coving, ceiling rose and dado rail.

Kitchen/Dining Area - 4.50m x 4.50m (14'9 x 14'9) - UPVC double glazed window, electric heater, range of wall and base units with granite effect work surfaces, stainless steel sink and drainer with mixer tap, space for oven, plumbing for washing machine, coving, ceiling rose and door to further hallway.

Further Hallway - 1.78m x 1.19m (5'10 x 3'11) - UPVC double glazed window, door to stairs to lower ground floor and UPVC double glazed frosted door to rear.

Lower Ground Floor -

Cellar - 5.49m x 4.29m (18'0 x 14'1 ) - Boiler, shelving and understairs storage cupboard.

First Floor -

Landing - 5.51m x 1.57m (18'1 x 5'2) - Loft hatch, storage cupboards, doors to three bedrooms and bathroom.

Bedroom One - 4.55m x 3.53m (14'11 x 11'7) - UPVC double glazed window.

Bedroom Two - 3.81m x 3.66m (12'6 x 12'0) - UPVC double glazed window, electric storage heater and smoke detector.

Bedroom Three - 3.58m x 1.88m (11'9 x 6'2 ) - UPVC double glazed window and electric storage heater.

Bathroom - 3.84m x 1.65m (12'7 x 5'5) - Low basin WC, pedestal wash basin with traditional taps, panelled bath with traditional taps, tiled elevations and extractor fan.

External -

Rear - Enclosed yard with outbuildings.

Agent Details

Keenans Estate Agents, Swinton

0161 524 5515

Next Steps?

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