3 Bed Terraced House, Single Let, Preston, PR2 1LP, £140,000

22 Norcross Place, Preston, Lancashire, PR2 1LP - 2 views - 4 months ago

Sold STC
BTL
ROI: 6%
72 m²
+7 photos

ValuationOvervalued

Sold Prices£80K - £262K
Sold Prices/m²£727/m² - £2.6K/m²

 

 

Square Metres

72 m²
Price/m²£1.9K/m²

Value Estimate

£128,360

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£35,000

Stamp Duty & Legal Fees

£5,400

Total Cash In

£40,400

 

 

Cash Out

 

Rent Range

£725 - £1,500

Rent Estimate

£825

Running Costs/mo

£623

Cashflow/mo

£203

Cashflow/yr

£2,430

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £80K to £262K, average is £153.8K. £727/m² to £2.6K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£140K03/230 mi13, Norcross Place, Ashton On Ribble, Preston, Lancashire PR2 1LP3
£108K12/200.07 mi12, Roseacre Place, Ashton On Ribble, Preston, Lancashire PR2 1ND3
£120K12/200.17 mi40, Larches Lane, Ashton On Ribble, Preston, Lancashire PR2 1NJ3
£122K07/230.17 mi693, Blackpool Road, Ashton On Ribble, Preston, Lancashire PR2 1XH3
£101K05/210.17 mi765, Blackpool Road, Ashton On Ribble, Preston, Lancashire PR2 1XH3
£158K01/230.17 mi34, Larches Lane, Ashton On Ribble, Preston, Lancashire PR2 1NJ3
£122K04/230.2 mi60, Starrgate Drive, Ashton On Ribble, Preston, Lancashire PR2 1NA3
£157.5K06/230.21 mi16, Marton Road, Ashton On Ribble, Preston, Lancashire PR2 1NN3
£112K08/210.22 mi31, West Park Avenue, Ashton On Ribble, Preston, Lancashire PR2 1UH3
£110K06/210.23 mi59, Staining Avenue, Ashton On Ribble, Preston, Lancashire PR2 1NL3
£165K04/230.23 mi19, Staining Avenue, Ashton On Ribble, Preston, Lancashire PR2 1NL3
£133K07/230.23 mi21, Birkdale Drive, Ashton On Ribble, Preston, Lancashire PR2 1UL3
£140K08/230.23 mi5, Birkdale Drive, Ashton On Ribble, Preston, Lancashire PR2 1UL3
£202K09/210.24 mi621, Blackpool Road, Ashton On Ribble, Preston, Lancashire PR2 1LH3
£80K08/230.24 mi671, Blackpool Road, Ashton On Ribble, Preston, Lancashire PR2 1LH3
£97K11/200.24 mi39, Larches Lane, Ashton On Ribble, Preston, Lancashire PR2 1PN3
£157.5K07/210.27 mi46, Aldwych Drive, Ashton On Ribble, Preston, Lancashire PR2 1SL3
£142.3K06/230.27 mi1, West Park Avenue, Ashton On Ribble, Preston, Lancashire PR2 1UH3
£160K03/230.29 mi3, The Ploughlands, Ashton On Ribble, Preston, Lancashire PR2 1QW3
£148K05/230.29 mi70, Layton Road, Ashton On Ribble, Preston, Lancashire PR2 1PU3
£132K02/210.29 mi70, Layton Road, Ashton On Ribble, Preston, Lancashire PR2 1PU3
£135K02/210.29 mi86, Layton Road, Ashton On Ribble, Preston, Lancashire PR2 1PU3
£152.5K05/230.29 mi61, Layton Road, Ashton On Ribble, Preston, Lancashire PR2 1PU3
£240K01/210.31 mi40, Whinfield Lane, Ashton On Ribble, Preston, Lancashire PR2 1NQ3
£135K05/230.33 mi1, Forton Road, Ashton On Ribble, Preston, Lancashire PR2 1QD3
£119K07/210.35 mi40, Ryelands Crescent, Ashton On Ribble, Preston, Lancashire PR2 1PY3
£225K08/230.35 mi10, Kingsway, Ashton On Ribble, Preston, Lancashire PR2 1SP3
£129K05/210.36 mi2, Luton Road, Ashton On Ribble, Preston, Lancashire PR2 1UT3
£178K03/210.38 mi54, Elm Avenue, Ashton On Ribble, Preston, Lancashire PR2 1SS3
£105K11/200.38 mi57, Ainsdale Drive, Ashton On Ribble, Preston, Lancashire PR2 1TU3
£240K03/230.38 mi5, Aldwych Drive, Ashton On Ribble, Preston, Lancashire PR2 1SJ3
£213K12/200.4 mi58, Clifton Avenue, Ashton On Ribble, Preston, Lancashire PR2 1SQ3
£208.5K02/210.41 mi16, Lea Road, Lea, Preston, Lancashire PR2 1TN3
£148K06/210.41 mi4, Westerlong, Lea, Preston, Lancashire PR2 1PH3
£175K02/210.42 mi13, Lime Grove, Ashton On Ribble, Preston, Lancashire PR2 1SZ3
£156.5K08/210.44 mi59, Ashton Bank Way, Preston, Lancashire PR2 1BZ3
£158K10/210.44 mi61, Ashton Bank Way, Preston, Lancashire PR2 1BZ3
£155K11/210.44 mi159, Ashton Bank Way, Ashton On Ribble, Preston, Lancashire PR2 1BZ3
£228K07/210.44 mi580a, Blackpool Road, Ashton On Ribble, Preston, Lancashire PR2 1JA3
£148K06/210.47 mi32, Thorntrees Avenue, Lea, Preston, Lancashire PR2 1PJ3
£122K04/230.47 mi30, Thorntrees Avenue, Lea, Preston, Lancashire PR2 1PJ3
£223K05/230.47 mi231, West Park Avenue, Ashton On Ribble, Preston, Lancashire PR2 1SX3
£235K08/210.49 mi38, Lea Road, Lea, Preston, Lancashire PR2 1TP3
£182K03/230.5 mi178, Savick Way, Lea, Preston, Lancashire PR2 1XF3
£180K01/210.5 mi173, Savick Way, Lea, Preston, Lancashire PR2 1XF3
£161.5K01/210.51 mi81, Savick Way, Ashton On Ribble, Preston, Lancashire PR2 1SD3
£179.9K01/210.51 mi259, West Park Avenue, Ashton On Ribble, Preston, Lancashire PR2 1JT3
£262K06/210.51 mi269, West Park Avenue, Ashton On Ribble, Preston, Lancashire PR2 1JT3
£130K05/230.52 mi4, The Avenue, Lea, Preston, Lancashire PR2 1RS3
£210K12/220.52 mi40, Finney Park Drive, Lea, Preston, Lancashire PR2 1QZ3

Local Rents

14 rents from £725/mo to £1.5K/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£90003/250.05 mi-3
£95007/240.21 miMarton Road, Ashton-On-Ribble, Preston, PR23
£95007/240.21 mi-3
£85012/240.25 mi-3
£85012/240.27 mi-3
£85012/240.27 miPreesall Close, Ashton-On-Ribble, Preston, PR23
£85006/240.29 miLayton Road, Preston, Lancashire, PR23
£1,50002/250.3 mi-3
£95006/240.3 miWhinfield Lane, Ashton On Ribble, Preston, PR23
£90012/240.38 miElm Avenue, Ashton-on-Ribble, Preston, PR23
£80007/240.41 mi-3
£72507/240.44 miCartmel Place, Ashton-On-Ribble3
£99507/240.59 miMaritime Way, Ashton-On-Ribble, Lancashire, PR23
£1,15007/240.61 miWillow Field Cottage, Cottam Lane, Lancashire, PR23

Local Area Statistics

Population in PR2

77,713

Population in Preston

286,036

Town centre distance

2.48 miles away

Nearest school

0.20 miles away

Nearest train station

1.93 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-7%

Sales demand

Seller's market

Capital growth (5yrs)

+25%

Property History

Listed for £140,000

December 23, 2024

Sold for £97,000

2014

Sold for £62,500

2014

Floor Plans

Description

  • Three Bedrooms +
  • Large Driveway +
  • Sought After Location +
  • Council Tax Band B +

Nestled just outside of Ashton Park, this three bedroom terraced property is being proudly welcomed to the market.

Upon entering, the hallway welcomes you with direct access to the generously sized lounge. The hallway also leads to the well-appointed kitchen/diner.

Upstairs, the first floor offers three spacious bedrooms and a stylish three-piece family bathroom.

Externally, the property benefits from a large driveway for several cars.

Ground Floor -

Living Room - 4.81 x 3.16 (15'9" x 10'4") -

Kitchen/Diner - 4.81 x 2 (15'9" x 6'6") -

First Floor -

Bedroom One - 4.12 x 2.81 (13'6" x 9'2") -

Bedroom Two - 3.16 x 2.81 (10'4" x 9'2") -

Bedroom Three - 2.14 x 1.9 (7'0" x 6'2") -

Bathroom - 2.21 x 1.9 (7'3" x 6'2" ) -

Agent Details

Guildhall Residential Sales, Preston

01772 963634

Next Steps?

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