3 Bed Semi-Detached House, Refurb/BRRR, Preston, PR5 4BB, £239,950

Church Brow, Walton-Le-Dale, Preston, PR5 4BB - 2 views - 3 months ago

Sold STC
Refurb/BRRR
~93 m²
+24 photos

ValuationOvervalued

Sold Prices£80.5K - £286.8K
Sold Prices/m²£1.2K/m² - £3.6K/m²

 

 

Square Metres

~93 m²
Price/m²£2.6K/m²

Value Estimate

£176,068

 

 

End Value (After Refurb)

£236,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£59,988

Stamp Duty & Legal Fees

£9,500

Refurb Costs

£39,428

Bridging Loan Interest

£6,299

Total Cash In

£116,965

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£236,000

Mortgage (After Refinance)

£177,000

Mortgage LTV

75%

Cash Left In

£116,965

Equity

£59,000

Rent Range

£694 - £1,500

Rent Estimate

£923

Running Costs/mo

£942

Cashflow/mo

£-19

Cashflow/yr

£-229

Gross Yield

5%

Local Sold Prices

50 sold prices from £80.5K to £286.8K, average is £179.5K. £1.2K/m² to £3.6K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£286.8K06/230.08 mi9, Higher Walton Road, Walton Le Dale, Preston, Lancashire PR5 4HA3
£130K02/210.15 mi109, Higher Walton Road, Walton Le Dale, Preston, Lancashire PR5 4HD3
£217K10/200.3 mi21, Knot Lane, Walton Le Dale, Preston, Lancashire PR5 4BQ3
£205.5K01/210.36 mi3, Kingsdale Close, Walton Le Dale, Preston, Lancashire PR5 4BT3
£153K03/230.43 mi24, Allerton Road, Walton Le Dale, Preston, Lancashire PR5 4QB3
£128.5K06/210.45 mi48, Victoria Road, Walton Le Dale, Preston, Lancashire PR5 4AB3
£150K07/230.45 mi49, Hennel Lane, Walton Le Dale, Preston, Lancashire PR5 4LB3
£175K07/230.46 mi107, Marlborough Drive, Walton Le Dale, Preston, Lancashire PR5 4QX3
£144K07/210.47 mi5, Allerton Road, Walton Le Dale, Preston, Lancashire PR5 4QD3
£200K02/210.5 mi7, Beechill Close, Walton Le Dale, Preston, Lancashire PR5 4LF3
£265K06/230.52 mi8, Crowell Way, Walton Le Dale, Preston, Lancashire PR5 4LG3
£184.5K03/210.53 mi142, Chorley Road, Walton Le Dale, Preston, Lancashire PR5 4PA3
£275K09/230.53 mi207, Higher Walton Road, Walton Le Dale, Preston, Lancashire PR5 4HS3
£270K04/230.55 mi61, Hampshire Road, Walton Le Dale, Preston, Lancashire PR5 4NJ3
£150K12/200.57 mi45, Windsor Road, Walton Le Dale, Preston, Lancashire PR5 4GE3
£80.5K11/200.57 mi64, Windsor Road, Walton Le Dale, Preston, Lancashire PR5 4GE3
£285K12/220.57 mi52, Hampshire Road, Walton Le Dale, Preston, Lancashire PR5 4NH3
£171.3K03/210.58 mi166, Holland House Road, Walton Le Dale, Preston, Lancashire PR5 4HY3
£164K06/210.58 mi150, Holland House Road, Walton Le Dale, Preston, Lancashire PR5 4HY3
£140K06/210.59 mi17, Sandringham Road, Walton Le Dale, Preston, Lancashire PR5 4QN3
£120K07/210.59 mi22, Sandringham Road, Walton Le Dale, Preston, Lancashire PR5 4QN3
£153.8K03/210.59 mi9, Somersby Close, Walton Le Dale, Preston, Lancashire PR5 4LY3
£253K12/220.59 mi7, Somersby Close, Walton Le Dale, Preston, Lancashire PR5 4LY3
£201K01/230.6 mi18, Holland House Court, Walton Le Dale, Preston, Lancashire PR5 4HZ3
£180K08/230.61 mi15, Balmoral Road, Walton Le Dale, Preston, Lancashire PR5 4GN3
£132K11/200.62 mi1, Ashworth Grove, Preston, Lancashire PR1 4PB3
£179K12/200.64 mi5, Lowesby Close, Walton Le Dale, Preston, Lancashire PR5 4NF3
£190K05/210.64 mi14, Lowesby Close, Walton Le Dale, Preston, Lancashire PR5 4NF3
£143K09/210.66 mi40, The Boulevard, Preston, Lancashire PR1 4PE3
£180K09/210.66 mi46, Boulevard, Preston, Lancashire PR1 4PE3
£220K01/210.67 mi8, Neath Close, Walton Le Dale, Preston, Lancashire PR5 4NE3
£219K12/200.69 mi23, Fareham Close, Walton Le Dale, Preston, Lancashire PR5 4JX3
£235K10/200.69 mi17, Odell Way, Walton Le Dale, Preston, Lancashire PR5 4ND3
£170K11/200.71 mi93, Malvern Avenue, Preston, Lancashire PR1 4PL3
£170K07/230.72 mi7, Southern Avenue, Preston, Lancashire PR1 4NL3
£170K01/210.72 mi28, Southern Avenue, Preston, Lancashire PR1 4NL3
£197K10/210.72 mi5, Fieldside Close, Lostock Hall, Preston, Lancashire PR5 5UD3
£156K11/200.78 mi158, Todd Lane North, Lostock Hall, Preston, Lancashire PR5 5UN3
£185K02/230.79 mi16, Southern Parade, Preston, Lancashire PR1 4NH3
£195K11/200.79 mi23, Southern Parade, Preston, Lancashire PR1 4NH3
£128K07/230.82 mi24, School Street, Bamber Bridge, Preston, Lancashire PR5 6GB3
£190K08/230.82 mi25, Kilngate, Lostock Hall, Preston, Lancashire PR5 5UW3
£210K11/200.82 mi19, Wellington Place, Walton Le Dale, Preston, Lancashire PR5 4TR3
£115K08/210.82 mi52, Brixton Road, Preston, Lancashire PR1 4NR3
£195K02/210.83 mi29, Renshaw Drive, Walton Le Dale, Preston, Lancashire PR5 4RB3
£180K08/230.84 mi37, Frenchwood Avenue, Preston, Lancashire PR1 4ND3
£230K06/230.84 mi18, Cherry Trees, Lostock Hall, Preston, Lancashire PR5 5ZA3
£175K03/210.86 mi15, Grasmere Close, Walton Le Dale, Preston, Lancashire PR5 4RR3
£151K06/230.86 mi3, The Esplanade, Preston, Lancashire PR1 4PJ3
£99K11/210.86 mi13, Bence Road, Preston, Lancashire PR1 4NN3

Local Rents

26 rents from £694/mo to £1.5K/mo, average is £873/mo.

RentDateDistanceAddressBeds 
£90012/240.58 miHolland House Road, Walton Le Dale3
£97506/240.69 miFareham Close, Walton-le-Dale, Preston, PR53
£85006/240.79 miKilngate, Lostock Hall, Preston3
£95008/240.8 miFrenchwood Avenue, Preston, PR13
£69408/240.8 mi-3
£80006/240.82 miBrixton Road, Preston, PR13
£72512/240.83 mi-3
£80002/250.97 mi-3
£1,00004/251 mi-3
£1,30008/241.01 mi-3
£1,30008/241.01 mi-3
£80003/251.03 mi-3
£1,15009/241.12 mi-3
£1,50012/241.14 miTodd Lane North, Lostock Hall3
£69408/241.15 mi-3
£89506/241.19 miCollins Road, Bamber Bridge3
£70008/241.2 miSkeffington Road, Preston, PR13
£92506/241.21 miGreat Avenham Street, Preston, Lancashire, PR13
£80010/241.21 mi-3
£99801/251.21 mi-3
£95003/251.21 mi-3
£85008/241.21 miCavendish Road, Preston, PR13
£99912/231.22 mi-3
£80010/241.22 mi-3
£80004/251.22 mi-3
£82512/241.23 miJames Street, Bamber Bridge, Preston3

Local Area Statistics

Population in PR5

40,828

Population in Preston

286,036

Town centre distance

1.68 miles away

Nearest school

0.30 miles away

Nearest train station

1.49 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+1%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Price changed to £239,950

January 31, 2025

Listed for £260,000

January 15, 2025

Floor Plans

Description

  • Three Bedroom +
  • NO ONWARDS CHAIN +
  • Family Home +
  • Close To Amenities +
  • Excellent Travel Links +
  • Must Be Viewed +
  • Awaiting EPC Rating +
  • Approx 1421 SQ FT +

Ben Rose Estate Agents are delighted to present to market this charming three-bedroom semi-detached cottage, located on a highly sought-after road in Walton-le-Dale. Owned by the same family for nearly 50 years, this property has been well maintained and offers a fantastic opportunity for modernisation throughout and is even being presented with NO ONWARDS CHAIN. It is ideal for a growing family or anyone looking to upsize, situated in a quiet and desirable location with spacious and versatile living areas. The property is conveniently within walking distance of excellent local schools, shops, and amenities, with superb travel links via the M6 and M61 motorways and close proximity to Bamber Bridge town centre. Early viewing is highly recommended to avoid disappointment.

Internally the home opens into a welcoming porch leading immediately into a spacious hall. At the front of the home lies the shower room, complete with a corner shower and a large laundry cupboard for practicality. Adjacent to this is the kitchen, a well-proportioned space with ample countertops and room for freestanding appliances.

Moving to the rear of the property, the generous lounge offers a traditional fireplace and floor-to-ceiling sliding doors that open onto the south-facing garden, filling the room with natural light. Set in an open plan layout with the hall, the dining room is large enough to accommodate a full-sized family dining table and features a second floor-to-ceiling sliding door providing further access to the garden. A large under-stair storage cupboard accessible from the hall completes the ground floor.

Upstairs, the property offers three well-sized bedrooms. The master and second bedrooms both include integrated storage and are large enough to be divided into smaller rooms if desired, making this home perfect for a growing family. Both of these rooms benefit from not being overlooked. The third bedroom, while smaller, would comfortably fit a single bed or function as an ideal home office. The family bathroom is spacious, featuring a bath, an airing cupboard, and access to an additional storage cupboard that spans the length of the bathroom.

The rear garden is of a good size, primarily flagged for low maintenance, and fully enclosed by tall brick walls, offering privacy and security – ideal for families with young children or pets. The side of the property features a single detached garage with room for one car and an additional parking space in front.

This character-filled home offers a wonderful combination of potential and practicality, making it an excellent choice for those seeking to create their ideal living space.

Agent Details

Ben Rose, Longton

01772 503169

Next Steps?

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