2 Bed Flat, Single Let, Preston, PR5 4HY, £95,000





ValuationUndervalued
Sold Prices | £90K - £152K |
Sold Prices/m² | £1.3K/m² - £5.8K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £1.4K/m² |
Value Estimate | £114,000 |
BMV | 20% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £23,750 |
Stamp Duty & Legal Fees | £5,950 |
Total Cash In | £29,700 |
| |
Cash Out | |
Rent Range | £675 - £900 |
Rent Estimate | £625 |
Running Costs/mo | £442 |
Cashflow/mo | £183 |
Cashflow/yr | £2,198 |
ROI | 7% |
Gross Yield | 8% |
Local Sold Prices
29 sold prices from £90K to £152K, average is £108K. £1.3K/m² to £5.8K/m², average is £1.8K/m².
Local Rents
12 rents from £675/mo to £900/mo, average is £823/mo.
Local Area Statistics
Population in PR5 | 40,828 |
Population in Preston | 286,036 |
Town centre distance | 2.25 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 0.94 miles away |
| |
Rental demand | Balanced market |
Rental growth (12m) | +1% |
Sales demand | Balanced market |
Capital growth (5yrs) | +14% |
Property History
Price changed to £95,000
April 5, 2025
Price changed to £86,000
April 1, 2025
Price changed to £88,000
March 24, 2025
Price changed to £90,000
March 16, 2025
Price changed to £92,000
February 28, 2025
Price changed to £94,000
February 12, 2025
Price changed to £96,000
January 23, 2025
Price changed to £100,000
January 6, 2025
Listed for £105,000
December 18, 2024
Description
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