3 Bed Terraced House, Single Let, Preston, PR1 5XT, £110,000

Delaware Street, Preston, Lancashire, PR1 5XT - 3 views - 3 months ago

Sold STC
BTL
ROI: 7%
~93 m²
+7 photos

ValuationUndervalued

Sold Prices£59K - £280K
Sold Prices/m²£728/m² - £2.4K/m²

 

 

Square Metres

~93 m²
Price/m²£1.2K/m²

Value Estimate

£127,260
BMV16%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£27,500

Stamp Duty & Legal Fees

£4,500

Total Cash In

£32,000

 

 

Cash Out

 

Rent Range

£694 - £2,520

Rent Estimate

£699

Running Costs/mo

£504

Cashflow/mo

£195

Cashflow/yr

£2,345

ROI

7%

Gross Yield

8%

Local Sold Prices

50 sold prices from £59K to £280K, average is £98.8K. £728/m² to £2.4K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£62K12/200.03 mi20, Calverley Street, Preston, Lancashire PR1 5YN3
£59K06/230.08 mi13, Samuel Street, Preston, Lancashire PR1 4YD3
£66K01/210.09 mi7, Tunbridge Place, Preston, Lancashire PR1 5YQ3
£95K08/210.12 mi21, Oxley Road, Preston, Lancashire PR1 5QH3
£110K04/230.12 mi5, Denville Road, Preston, Lancashire PR1 5XU3
£92.5K07/230.14 mi34, Nimes Street, Preston, Lancashire PR1 4SH3
£73K12/200.18 mi44, Skeffington Road, Preston, Lancashire PR1 5UQ3
£80K04/210.18 mi2, Grimsargh Street, Preston, Lancashire PR1 5QR3
£140K08/210.2 mi77, Harling Road, Preston, Lancashire PR1 5YR3
£89K12/200.21 mi2, Braddon Street, Preston, Lancashire PR1 4TP3
£80K05/230.22 mi21, Fishwick View, Preston, Lancashire PR1 4YA3
£68K01/210.27 mi29, Crompton Street, Preston, Lancashire PR1 5RT3
£135K02/230.27 mi6, Walton View, Preston, Lancashire PR1 4QU3
£75K02/210.29 mi5, Ansdell Street, Preston, Lancashire PR1 5ES3
£93.5K08/210.31 mi160, Miller Road, Preston, Lancashire PR1 5QS3
£90K04/210.32 mi8, Raikes Road, Preston, Lancashire PR1 5EQ3
£88K04/210.32 mi62, Raikes Road, Preston, Lancashire PR1 5ER3
£98.5K05/230.33 mi54, Pinfold Street, Preston, Lancashire PR1 4RT3
£77K02/230.34 mi6, Stefano Road, Preston, Lancashire PR1 5PL3
£79K05/210.36 mi50, Dodgson Road, Preston, Lancashire PR1 5HL3
£110K05/230.36 mi52, Dodgson Road, Preston, Lancashire PR1 5HL3
£107.5K02/230.38 mi35, Chester Road, Preston, Lancashire PR1 5HR3
£93.5K06/230.39 mi23, Rydal Road, Preston, Lancashire PR1 5SL3
£90K11/210.43 mi18, Illingworth Road, Preston, Lancashire PR1 4TU3
£148K05/230.43 mi44, Blackpool Road, Ribbleton, Preston, Lancashire PR2 6NU3
£127.5K05/210.43 mi15, Bidston Street, Preston, Lancashire PR1 4RP3
£90K07/210.44 mi36, Lutwidge Avenue, Preston, Lancashire PR1 5HS3
£77K12/200.45 mi27, St Chads Road, Preston, Lancashire PR1 5HT3
£130K03/230.48 mi18, Hesketh Road, Ribbleton, Preston, Lancashire PR2 6NS3
£129K02/210.48 mi17, Hesketh Road, Ribbleton, Preston, Lancashire PR2 6NS3
£205K04/230.49 mi55, Blackpool Road, Ribbleton, Preston, Lancashire PR2 6BX3
£115K03/210.5 mi39, Basil Street, Preston, Lancashire PR1 6XS3
£110K06/210.51 mi91, Ribbleton Avenue, Ribbleton, Preston, Lancashire PR2 6DA3
£90K03/210.57 mi26, Rufus Street, Preston, Lancashire PR1 6XX3
£137K04/230.58 mi36, Lincoln Street, Preston, Lancashire PR1 6RE3
£120K05/210.63 mi26, Deepdale Road, Preston, Lancashire PR1 5AQ3
£130K01/230.64 mi19, Ringwood Road, Preston, Lancashire PR1 6XP3
£85K04/230.64 mi22, Linnet Street, Preston, Lancashire PR1 6TL3
£145K01/230.64 mi42, Belmont Avenue, Ribbleton, Preston, Lancashire PR2 6DH3
£92K03/230.65 mi22, George Street, Preston, Lancashire PR1 4JP3
£165K05/210.66 mi22, Gaythorne Avenue, Preston, Lancashire PR1 5TA3
£280K01/230.67 mi16, Woodlands Avenue, Ribbleton, Preston, Lancashire PR2 6DT3
£95K12/200.67 mi53, Lark Hill Street, Preston, Lancashire PR1 4JJ3
£114.5K03/210.68 mi28, Woodlands Avenue, Ribbleton, Preston, Lancashire PR2 6DT3
£115K08/210.68 mi52, Brixton Road, Preston, Lancashire PR1 4NR3
£125K06/210.7 mi3, Cairnsmore Avenue, Preston, Lancashire PR1 4UN3
£120K12/220.71 mi15, Cairnsmore Avenue, Preston, Lancashire PR1 4UN3
£162K04/230.72 mi1, Clifton Grove, Preston, Lancashire PR1 6YJ3
£165K01/230.74 mi28, Glenluce Drive, Preston, Lancashire PR1 5TB3
£99K11/210.74 mi13, Bence Road, Preston, Lancashire PR1 4NN3

Local Rents

29 rents from £694/mo to £2.5K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£69408/240.03 mi-3
£80010/240.09 mi-3
£1,30008/240.14 mi-3
£1,30008/240.14 mi-3
£85008/240.15 miAcregate Lane, Preston3
£70008/240.16 miSkeffington Road, Preston, PR13
£99801/250.17 mi-3
£95003/250.17 mi-3
£2,38006/240.17 mi-3
£2,52004/250.17 mi-3
£75002/240.3 mi-3
£75002/240.3 mi-3
£72508/240.32 mi-3
£80002/250.34 mi-3
£1,15009/240.36 mi-3
£85008/240.42 miCavendish Road, Preston, PR13
£80010/240.43 mi-3
£80003/250.44 mi-3
£1,10012/240.46 mi-3
£80004/250.47 mi-3
£69408/240.58 mi-3
£85012/240.58 mi-3
£85012/240.58 miMimosa Road, Ribbleton, Preston, PR23
£80009/240.58 mi-3
£80010/240.59 mi-3
£1,10003/250.6 mi-3
£1,10002/250.6 mi-3
£1,10002/250.6 mi-3
£1,09501/250.6 mi-3

Local Area Statistics

Population in PR1

72,064

Population in Preston

286,036

Town centre distance

0.71 miles away

Nearest school

0.50 miles away

Nearest train station

1.45 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+3%

Sales demand

Seller's market

Capital growth (5yrs)

+17%

Property History

Listed for £110,000

January 24, 2025

Floor Plans

Description

  • Ideal First Time Buyer Home +
  • Three Bedroom Mid Terrace +
  • Lounge and Modern Kitchen +
  • Yard to the Rear +
  • Close to Amenities +
  • Close to Motorway Connections +
  • No Chain +
  • Viewing Advised! +

Presenting a charming terraced house available for sale, ideally suited for first-time buyers or investors. This delightful property offers a well-structured layout that promises a comfortable lifestyle.

The house comprises three generously proportioned bedrooms, providing ample space for relaxation and tranquillity. Each room is well-lit, inviting a warm and homely atmosphere. The property also includes a single bathroom, designed to provide a serene and private space for your daily routines.

The heart of the house is its single reception room, a perfect setting for family gatherings or entertaining guests. The layout encourages a natural flow through the property, fostering a sense of connection and harmony.

The property includes a functional kitchen, ready to cater to all your culinary needs. The kitchen area is spacious, offering enough room to manoeuvre and ample storage space for your utensils and groceries.

One of the prime advantages of this property is its location. Nestled conveniently close to public transport links and local amenities, the property ensures easy accessibility and convenience, making daily errands a breeze.

This terraced house, with its spacious rooms and prime location, offers a remarkable opportunity for those looking to invest in a property or for first-time buyers looking to make a valuable purchase. A visit to this property is highly recommended to appreciate its full potential.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

PRS240645/2

Agent Details

Reeds Rains, Preston

01772 283830

Next Steps?

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