2 Bed Flat, Single Let, Preston, PR5 6SZ £117,500

Baxendale Grove, Bamber Bridge, PR5 6SZ - 10 months ago
Sold STC
Leasehold
BTL
ROI: 4%
~63 m²
Property image

ValuationOvervalued

Sold Prices£68K - £160.3K
Sold Prices/m²£1.3K/m² - £5.8K/m²

 

 

Square Metres

~63.10 m²
Price/m²£1.9K/m²

Value Estimate

£113,383

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£29,375

Stamp Duty & Legal Fees

£7,075

Total Cash In

£36,450

 

 

Cash Out

 

Rent Range

£450 - £900

Rent Estimate

£625

Running Costs/mo

£512

Cashflow/mo

£113

Cashflow/yr

£1,354

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £68K to £160.3K, average is £109K. £1.3K/m² to £5.8K/m², average is £1.8K/m².

Price
Date
Distance
Address
Beds
 
£108K08/240 mi5, Baxendale Grove, Bamber Bridge, Preston, Lancashire PR5 6SZ2
£113.5K04/240 mi12, Baxendale Grove, Bamber Bridge, Preston, Lancashire PR5 6SZ2
£120K10/220 mi6, Baxendale Grove, Bamber Bridge, Preston, Lancashire PR5 6SZ2
£122.5K08/220 mi11, Baxendale Grove, Bamber Bridge, Preston, Lancashire PR5 6SZ2
£105K06/230 mi4, Baxendale Grove, Bamber Bridge, Preston, Lancashire PR5 6SZ2
£108K08/240 mi5, Baxendale Grove, Preston PR5 6SZ2
£113.5K04/240.01 mi12, Baxendale Grove, Preston PR5 6SZ2
£112K07/250.03 mi69, Brampton Drive, Preston PR5 6SG2
£110K07/220.07 mi33, Firbank, Bamber Bridge, Preston, Lancashire PR5 6SU2
£105K02/250.07 mi38, Firbank, Preston PR5 6SU2
£140K09/240.09 mi5, Dean Court, Preston PR5 6TF2
£107K02/250.1 mi5, Firbank, Bamber Bridge, Preston, Lancashire PR5 6SU2
£115K05/240.1 mi4, Firbank, Bamber Bridge, Preston, Lancashire PR5 6SU2
£115K12/220.1 mi29, Firbank, Bamber Bridge, Preston, Lancashire PR5 6SU2
£107K01/230.1 mi60, Firbank, Bamber Bridge, Preston, Lancashire PR5 6SU2
£105K04/220.1 mi32, Firbank, Bamber Bridge, Preston, Lancashire PR5 6SU2
£110K12/230.1 mi61, Firbank, Bamber Bridge, Preston, Lancashire PR5 6SU2
£120K04/230.1 mi2, Firbank, Bamber Bridge, Preston, Lancashire PR5 6SU2
£106K07/230.1 mi47, Firbank, Bamber Bridge, Preston, Lancashire PR5 6SU2
£90K08/220.1 mi37, Firbank, Bamber Bridge, Preston, Lancashire PR5 6SU2
£115K05/240.1 mi4, Firbank, Preston PR5 6SU2
£115K05/240.1 mi4, Firbank, Preston PR5 6SU2
£107K02/250.11 mi5, Firbank, Preston PR5 6SU2
£100K08/210.36 mi1, Grove Street, Bamber Bridge, Preston, Lancashire PR5 6LN2
£83K06/220.44 mi27, Duke Street, Bamber Bridge, Preston, Lancashire PR5 6ET2
£68K06/220.59 mi12, The Pickerings, Preston PR5 5UZ2
£70K02/250.59 mi12, The Pickerings, Preston PR5 5UZ2
£91K03/240.62 mi7, The Pickerings, Preston PR5 5UZ2
£91K03/240.62 mi7, The Pickerings, Preston PR5 5UZ2
£160.3K10/210.64 mi3, Bridge End, Lostock Hall, Preston, Lancashire PR5 5YH2
£102K08/240.74 mi122, Holland House Road, Preston PR5 4HY2
£102K08/240.74 mi122, Holland House Road, Preston PR5 4HY2
£100K08/240.76 mi142, Holland House Road, Preston PR5 4HY2
£100K08/240.76 mi142, Holland House Road, Preston PR5 4HY2
£108K05/220.78 mi188, Holland House Road, Walton Le Dale, Preston, Lancashire PR5 4HY2
£100K09/210.78 mi198, Holland House Road, Walton Le Dale, Preston, Lancashire PR5 4HY2
£102K08/240.78 mi122, Holland House Road, Walton Le Dale, Preston, Lancashire PR5 4HY2
£128K05/230.79 mi86, Holland House Road, Walton Le Dale, Preston, Lancashire PR5 4JG2
£131K05/230.79 mi86a, Holland House Road, Walton Le Dale, Preston, Lancashire PR5 4JG2
£152K07/230.8 mi18, Abbotts Close, Walton Le Dale, Preston, Lancashire PR5 4NU2
£116K09/220.8 mi22, Abbotts Close, Walton Le Dale, Preston, Lancashire PR5 4NU2
£150K09/220.8 mi14, Abbotts Close, Walton Le Dale, Preston, Lancashire PR5 4NU2
£115K07/240.8 mi50, Fareham Close, Walton Le Dale, Preston, Lancashire PR5 4JX2
£115K05/230.8 mi52, Fareham Close, Walton Le Dale, Preston, Lancashire PR5 4JX2
£115K07/240.81 mi50, Fareham Close, Preston PR5 4JX2
£115.5K05/240.82 mi188, Holland House Road, Preston PR5 4HY2
£115.5K05/240.82 mi188, Holland House Road, Preston PR5 4HY2
£102K07/220.82 mi182, Holland House Road, Walton Le Dale, Preston, Lancashire PR5 4HY2
£108K03/220.82 mi184, Holland House Road, Walton Le Dale, Preston, Lancashire PR5 4HY2
£116K05/240.82 mi7, Halliwell Heights, Walton Le Dale, Preston, Lancashire PR5 4NT2

Local Rents

50 rents from £450/mo to £900/mo, average is £775/mo.

Rent
Date
Distance
Address
Beds
 
£79507/250 miBaxendale Grove, Bamber Bridge2
£77501/250 mi-2
£85002/240.03 mi-2
£80012/240.03 mi-2
£89512/240.03 mi-2
£89511/250.03 mi-2
£89511/250.03 miBrampton Drive, Bamber Bridge, Preston, PR52
£82505/250.03 miBrampton Drive, Bamber Bridge, Preston, PR52
£84511/250.03 miBrampton Drive, Preston, PR52
£82506/250.03 mi-2
£84511/250.03 mi-2
£77506/240.05 mi-2
£75008/250.06 miBrampton Drive, Bamber Bridge, Preston, PR52
£87506/250.07 miFirbank, Bamber Bridge, Preston2
£69508/250.07 miBrampton Drive, Bamber Bridge, Preston, PR52
£59507/250.07 miFirbank, Bamber Bridge2
£70008/250.08 miFirbank, Bamber Bridge, Preston, Lancashire, PR52
£75008/250.09 miDean Court, Bamber Bridge2
£87510/250.09 miDean Court, Bamber Bridge2
£87510/250.09 miDean Court, Bamber Bridge2
£82508/250.09 miFirbank, Bamber Bridge, Preston, PR52
£62508/250.09 miFirbank, Bamber Bridge, Preston, PR5 6SU2
£72508/250.09 miFirbank, Bamber Bridge, Preston2
£58007/250.09 miFirbank, Bamber Bridge, Preston, PR52
£55008/250.1 miSt Marys Road, Bamber Bridge, Preston2
£67510/230.1 miFirbank,Bamber Bridge,PR52
£85008/250.1 miFirbank, PR52
£55008/250.1 miFirbank, Bamber Bridge, Preston, Lancashire, PR52
£75006/240.16 miSt Marys Road, Bamber Bridge, Preston2
£79508/250.16 miBrownedge Lane, Bamber Bridge, Preston2
£79507/250.17 miSt. Marys Road, PR52
£80006/240.22 mi-2
£65011/250.25 miOakland Street,Bamber Bridge,PR52
£77507/250.25 miStation Road Preston PR5 6TN2
£87510/250.27 miLongbrook Avenue, Bamber Bridge2
£87507/250.3 miStation Road, Bamber Bridge, Preston, PR52
£85002/240.32 mi-2
£47508/250.32 miGrove Street, Bamber Bridge, Preston2
£72507/250.33 miSmith Street, PR52
£82511/250.36 mi-2
£82511/250.36 miHopwood Street, Bamber Bridge, Preston, PR52
£45008/250.38 miStation Road, Bamber Bridge, Preston2
£65012/240.41 mi-2
£90012/240.42 miDuddle Lane, Walton-Le-Dale, Preston, PR52
£55011/250.43 miDuke Street, Bamber Bridge, Preston, Lancashire, PR52
£70011/250.43 mi59 Fourfields, Bamber Bridge2
£52008/250.44 miFourfields, Bamber Bridge2
£73008/250.44 miOxford Road, Bamber Bridge, Preston2
£72508/250.44 mi-2
£72507/250.44 miBamber Bridge, Preston, PR52

Local Area Statistics

Population in PR5

40,828

Population in Preston

286,036

Town centre distance

2.85 miles away

Nearest school

0.10 miles away

Nearest train station

0.33 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-12%

Sales demand

Seller's market

Capital growth (5yrs)

+32%

Property History

Listed for £117,500

January 15, 2025

Floor Plans

Property image

Description

  • 1st Floor Apatment +
  • Modern Decor +
  • New Kitchen +
  • Bathroom & En-Suite +
  • Potential For £800 PCM +
  • Ideal First Home +
  • Private Parking +
  • Excellent Location +

MODERN 1ST FLOOR APARTMENT - ATTRACTIVE LOUNGE - NEW KITCHEN - BATHROOM & EN-SUITE - 2 BEDS - PRIVATE PARKING

Hunters are pleased to present to the market this beautifully presented, two bedroom apartment on a much sought after residential area of Bamber Bridge. This would make the ideal home for a first time buyer or anyone looking to start or expand a buy to let port-folio.

The property is within commuting distance of all major northwest towns and cities via local motorways (M6 & M61) and benefits from good local schools, supermarkets and amenities. Viewing at earliest convenience is highly recommended to avoid any potential disappointment.

Internally the property comprises welcoming entrance hall, spacious lounge, new kitchen, three piece bathroom, two double bedrooms and a master en-suite shower room. To the front of the property is one allocated car parking space, with sufficient visitor bays to the rear.

Property to sell?
If you have a property to sell we can offer a FREE market appraisal and experienced sales advice.

Hall -

Lounge - 4.85m x 3.78m (15'11" x 12'5") -

Kitchen - 3.53m x 2.11m (11'7" x 6'11") -

Bedroom One - 3.73m x 2.92m (12'3" x 9'7") -

En-Suite - 2.67m x 1.30m (8'9" x 4'3") -

Bedroom Two - 2.92m x 2.84m (9'7" x 9'4") -

Bathroom - 1.91m x 1.83m (6'3" x 6'0") -

Agent Details

Hunters, Darwen

01254 961479

Next Steps?

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