2 Bed Terraced House, Single Let, Preston, PR5 6LQ, £120,000

Oxford Road, Bamber Bridge, Preston, Lancashire, PR5 6LQ - 3 months ago

Sold STC
Leasehold
BTL
ROI: 4%
~81 m²
+10 photos

ValuationUndervalued

Sold Prices£80K - £209.9K
Sold Prices/m²£976/m² - £3.5K/m²

 

 

Square Metres

~81.40 m²
Price/m²£1.5K/m²

Value Estimate

£129,557
BMV8%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£7,200

Total Cash In

£37,200

 

 

Cash Out

 

Rent Range

£625 - £975

Rent Estimate

£647

Running Costs/mo

£524

Cashflow/mo

£123

Cashflow/yr

£1,471

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £80K to £209.9K, average is £121.8K. £976/m² to £3.5K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£125K07/230.01 mi13, Cambridge Road, Bamber Bridge, Preston, Lancashire PR5 6LR2
£107K02/230.02 mi5, Oxford Road, Bamber Bridge, Preston, Lancashire PR5 6LQ2
£100K10/210.03 mi5, Mounsey Road, Bamber Bridge, Preston, Lancashire PR5 6LS2
£87K03/210.03 mi9, Mounsey Road, Bamber Bridge, Preston, Lancashire PR5 6LS2
£85K12/220.05 mi10, Montgomery Street, Bamber Bridge, Preston, Lancashire PR5 6WP2
£111.4K09/210.06 mi2, Brown Street, Bamber Bridge, Preston, Lancashire PR5 6NQ2
£170K04/210.08 mi4a, Princess Street, Bamber Bridge, Preston, Lancashire PR5 6LP2
£110K02/230.12 mi285, Station Road, Bamber Bridge, Preston, Lancashire PR5 6ED2
£132K10/200.12 mi293, Station Road, Bamber Bridge, Preston, Lancashire PR5 6ED2
£116K07/230.16 mi8, Smith Street, Bamber Bridge, Preston, Lancashire PR5 6LJ2
£155K11/210.17 mi8, Cranbourne Street, Bamber Bridge, Preston, Lancashire PR5 6TU2
£165K09/210.2 mi23, Edward Street, Bamber Bridge, Preston, Lancashire PR5 6FB2
£154K02/210.2 mi29, Edward Street, Bamber Bridge, Preston, Lancashire PR5 6FB2
£200K06/210.27 mi5, Withy Trees Close, Bamber Bridge, Preston, Lancashire PR5 6WT2
£132K12/220.3 mi45, Old Hall Drive, Bamber Bridge, Preston, Lancashire PR5 6EX2
£137K06/230.3 mi47, Old Hall Drive, Bamber Bridge, Preston, Lancashire PR5 6EX2
£138.5K06/230.32 mi17, St Marys Road, Bamber Bridge, Preston, Lancashire PR5 6TD2
£125K12/220.34 mi44, St Marys Road, Bamber Bridge, Preston, Lancashire PR5 6TE2
£115.5K06/230.34 mi40, St Marys Road, Bamber Bridge, Preston, Lancashire PR5 6TE2
£142K12/220.34 mi132, Station Road, Bamber Bridge, Preston, Lancashire PR5 6TN2
£103K05/230.35 mi37, Meanygate, Bamber Bridge, Preston, Lancashire PR5 6UP2
£108K05/210.35 mi9, John Street, Bamber Bridge, Preston, Lancashire PR5 6TJ2
£108K05/210.35 mi9, John Street, Bamber Bridge, Preston, Lancashire PR5 6TJ2
£108.5K03/210.38 mi51, Brownedge Lane, Bamber Bridge, Preston, Lancashire PR5 6TA2
£205K11/220.38 mi75, Withy Trees Avenue, Bamber Bridge, Preston, Lancashire PR5 6NU2
£135K11/210.39 mi11, Lady Acre, Bamber Bridge, Preston, Lancashire PR5 6XN2
£118.5K12/220.4 mi19, Further Field, Bamber Bridge, Preston, Lancashire PR5 6XP2
£112.5K05/210.41 mi9, Aspden Street, Bamber Bridge, Preston, Lancashire PR5 6TL2
£112K08/210.48 mi82, Collins Road, Bamber Bridge, Preston, Lancashire PR5 6GU2
£110K02/210.48 mi1, Dean Street, Bamber Bridge, Preston, Lancashire PR5 6GP2
£102.5K03/210.48 mi2, Dean Street, Bamber Bridge, Preston, Lancashire PR5 6GP2
£140K01/210.52 mi55, Longbrook Avenue, Bamber Bridge, Preston, Lancashire PR5 6XD2
£112.5K06/210.52 mi45, Longbrook Avenue, Bamber Bridge, Preston, Lancashire PR5 6XD2
£131.5K11/200.52 mi79, Longbrook Avenue, Bamber Bridge, Preston, Lancashire PR5 6XD2
£170K12/200.54 mi2, Convent Close, Bamber Bridge, Preston, Lancashire PR5 6US2
£112.5K11/200.56 mi52, Longbrook Avenue, Bamber Bridge, Preston, Lancashire PR5 6XG2
£155K05/210.57 mi2, St Benets Close, Walton Le Dale, Preston, Lancashire PR5 4UT2
£115K12/210.58 mi14, Skipton Close, Bamber Bridge, Preston, Lancashire PR5 6HF2
£107.5K05/210.58 mi4, Skipton Close, Bamber Bridge, Preston, Lancashire PR5 6HF2
£80K01/210.61 mi18, Station Road, Bamber Bridge, Preston, Lancashire PR5 6QL2
£141K06/230.62 mi5, St Judes Avenue, Walton Le Dale, Preston, Lancashire PR5 4UH2
£175K02/230.62 mi22, St Judes Avenue, Walton Le Dale, Preston, Lancashire PR5 4UH2
£145K07/210.62 mi115, Coniston Drive, Walton Le Dale, Preston, Lancashire PR5 4RQ2
£187.5K11/210.63 mi21, Brownedge Close, Walton Le Dale, Preston, Lancashire PR5 4UJ2
£109K05/210.63 mi18, St Aidans Park, Bamber Bridge, Preston, Lancashire PR5 6HG2
£118K07/210.63 mi8, St Aidans Park, Bamber Bridge, Preston, Lancashire PR5 6HG2
£186K12/200.68 mi53a, Duddle Lane, Walton Le Dale, Preston, Lancashire PR5 4UB2
£209.9K08/230.71 mi20, Renshaw Drive, Walton Le Dale, Preston, Lancashire PR5 4RA2
£92.3K10/200.74 mi48, Brandiforth Street, Bamber Bridge, Preston, Lancashire PR5 6GA2
£200K05/230.74 mi40, Renshaw Drive, Walton Le Dale, Preston, Lancashire PR5 4RB2

Local Rents

16 rents from £625/mo to £975/mo, average is £785/mo.

RentDateDistanceAddressBeds 
£72512/240.05 mi-2
£65012/240.1 mi-2
£62506/240.22 miStation Road, PR52
£62506/240.29 miStation Road, Bamber Bridge, Preston PR52
£80006/240.31 mi-2
£75006/240.34 miSt Marys Road, Bamber Bridge, Preston2
£70001/250.44 mi-2
£77501/250.45 mi-2
£85002/240.46 mi-2
£80012/240.46 mi-2
£89512/240.46 mi-2
£97503/250.49 mi-2
£97503/250.49 mi-2
£85002/240.49 mi-2
£77506/240.49 mi-2
£79512/240.58 miSkipton Close, Bamber Bridge2

Local Area Statistics

Population in PR5

40,828

Population in Preston

286,036

Town centre distance

3.21 miles away

Nearest school

0.10 miles away

Nearest train station

0.12 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+1%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £120,000

January 24, 2025

Floor Plans

Description

  • Two Bedrooms Mid Terrace +
  • Additional Loft Storage Area +
  • Dining Kitchen +
  • Ideal for First Time Buyers +
  • Private Rear Yard +
  • On Street Parking +

Bridgfords Bamber Bridge are pleased to bring to the market this fantastic two bedroom mid – terraced property situated within close proximity to the centre of Bamber Bridge with fantastic access to transport links, local schools and shops.

The accommodation briefly comprises of; entrance vestibule, good sized lounge, great sized modern dining kitchen upgraded within the last two years and access leading out onto the private rear yard. To the first floor are two bedrooms with bedroom one being a fantastic size and a family bathroom. To the second floor is a loft storage area which is an additional bonus to the property and is flexible for usage depending on the new owner’s requirements.

The property also benefits from double glazed windows throughout, gas central heating and on street parking.

Early viewing is highly recommended to avoid disappointment!

Agent Details

Bridgfords, Bamber Bridge

01772 211266

Next Steps?

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