4 Bed Detached House, Single Let, Preston, PR1 0ED, £550,000

Kingsway, Penwortham, PR1 0ED - 2 months ago

Sold STC
BTL
~129 m²
+13 photos

ValuationOvervalued

Sold Prices£94K - £1.4M
Sold Prices/m²£888/m² - £4.9K/m²

 

 

Square Metres

~129.26 m²
Price/m²£4.3K/m²

Value Estimate

£314,575

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£137,500

Stamp Duty & Legal Fees

£32,700

Total Cash In

£170,200

 

 

Cash Out

 

Rent Range

£900 - £1,550

Rent Estimate

£959

Running Costs/mo

£1,931

Cashflow/mo

£-972

Cashflow/yr

£-11,659

Gross Yield

2%

Local Sold Prices

50 sold prices from £94K to £1.4M, average is £325K. £888/m² to £4.9K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£580K07/230.12 mi32, Kingsway, Penwortham, Preston, Lancashire PR1 0BJ4
£370K02/230.12 mi21, Kingsway, Penwortham, Preston, Lancashire PR1 0BJ4
£442K12/200.15 mi34, Woodland Grove, Penwortham, Preston, Lancashire PR1 0JB4
£265K02/230.16 mi1, Ryddingwood, Penwortham, Preston, Lancashire PR1 0EN4
£490K08/210.18 mi33, Priory Lane, Penwortham, Preston, Lancashire PR1 0AR4
£600K03/230.21 mi7, Kingsway, Penwortham, Preston, Lancashire PR1 0AP4
£452K03/210.25 mi9, Abbotsway, Penwortham, Preston, Lancashire PR1 0BD4
£460K02/210.29 mi26, Round Wood, Penwortham, Preston, Lancashire PR1 0BN4
£375K09/210.3 mi7, Ganton Court, Penwortham, Preston, Lancashire PR1 0JX4
£349.9K06/210.31 mi90, Liverpool Road, Penwortham, Preston, Lancashire PR1 0HT4
£299K03/210.31 mi92, Liverpool Road, Penwortham, Preston, Lancashire PR1 0HT4
£595K02/230.32 mi9, Hollinhurst Avenue, Penwortham, Preston, Lancashire PR1 0AE4
£473K11/200.32 mi23, Hollinhurst Avenue, Penwortham, Preston, Lancashire PR1 0AE4
£290K03/210.32 mi1, Priory Crescent, Penwortham, Preston, Lancashire PR1 0AL4
£270K06/210.33 mi12, Crow Hills Road, Penwortham, Preston, Lancashire PR1 0JE4
£287K04/210.34 mi28, Gleneagles Drive, Penwortham, Preston, Lancashire PR1 0JT4
£475K03/210.35 mi9, Tower View, Penwortham, Preston, Lancashire PR1 0BQ4
£1.4M09/210.36 mi9, Church Avenue, Penwortham, Preston, Lancashire PR1 0AH4
£630K06/210.36 mi12, Church Avenue, Penwortham, Preston, Lancashire PR1 0AH4
£395K02/230.38 mi5, Alcester Avenue, Penwortham, Preston, Lancashire PR1 9XN4
£352K04/210.44 mi129, Liverpool Road, Penwortham, Preston, Lancashire PR1 0QH4
£425K08/210.44 mi54, Newlands Avenue, Penwortham, Preston, Lancashire PR1 0QY4
£195K10/200.5 mi15, Manor Lane, Penwortham, Preston, Lancashire PR1 0SY4
£365K11/200.52 mi5, Danesway, Penwortham, Preston, Lancashire PR1 0TH4
£365K02/230.54 mi2, Manor Avenue, Penwortham, Preston, Lancashire PR1 0XE4
£255K10/210.55 mi48, Stanley Grove, Penwortham, Preston, Lancashire PR1 0JJ4
£280K03/210.56 mi94, Cop Lane, Penwortham, Preston, Lancashire PR1 0UR4
£265K12/200.6 mi12, Whitefield Road, Penwortham, Preston, Lancashire PR1 0XJ4
£222.5K05/210.6 mi28, Whitefield Road, Penwortham, Preston, Lancashire PR1 0XJ4
£340K01/230.6 mi23, Carlisle Avenue, Penwortham, Preston, Lancashire PR1 0QP4
£193K11/200.61 mi18, The Grove, Penwortham, Preston, Lancashire PR1 0UU4
£269.9K07/230.61 mi68, Whitefield Road, Penwortham, Preston, Lancashire PR1 0QQ4
£445K07/230.62 mi23, Glenway, Penwortham, Preston, Lancashire PR1 9AJ4
£280K01/210.64 mi9, Broadwood Close, Penwortham, Preston, Lancashire PR1 0XU4
£280K03/210.66 mi50, Oaklands Drive, Penwortham, Preston, Lancashire PR1 0XY4
£470K03/210.68 mi1, Parklands Close, Penwortham, Preston, Lancashire PR1 0QN4
£415K04/230.69 mi16, Parklands Avenue, Penwortham, Preston, Lancashire PR1 0QL4
£292.5K06/210.69 mi22, Maple Grove, Penwortham, Preston, Lancashire PR1 0YB4
£250K05/230.74 mi1, Chestnut Avenue, Penwortham, Preston, Lancashire PR1 0PP4
£247K06/230.76 mi53, Broadgate, Preston, Lancashire PR1 8DU4
£310K03/210.8 mi22, Cedar Way, Penwortham, Preston, Lancashire PR1 0PE4
£290K06/210.8 mi2, Cedar Way, Penwortham, Preston, Lancashire PR1 0PE4
£264K12/200.8 mi47, Powis Road, Ashton On Ribble, Preston, Lancashire PR2 1AD4
£480K10/210.82 mi2, Penwortham Court, Penwortham, Preston, Lancashire PR1 9YX4
£195K10/200.86 mi27, Walnut Close, Penwortham, Preston, Lancashire PR1 0YJ4
£475K02/230.86 mi67, Abbot Meadow, Penwortham, Preston, Lancashire PR1 9JX4
£210K12/200.89 mi48, Farfield, Penwortham, Preston, Lancashire PR1 9YQ4
£265K01/210.89 mi1, Far Field, Penwortham, Preston, Lancashire PR1 9YQ4
£259.9K05/230.89 mi39, Cromwell Road, Penwortham, Preston, Lancashire PR1 9AT4
£94K02/210.9 mi10, Cheviot Street, Preston, Lancashire PR1 8UE4

Local Rents

12 rents from £900/mo to £1.6K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,20006/240.33 miCrow Hills Road, Preston, Lancashire, PR14
£1,25008/240.36 miMoorhey Drive, Penwortham, PR13
£1,25008/240.36 miMoorhey Drive, Penwortham, PR13
£1,10009/240.36 miMoorhey Drive, Penwortham, PR13
£1,10008/240.38 miAlcester Avenue, Penwortham3
£1,20007/240.41 mi-4
£97506/240.49 miVictoria Quay, Ashton-on-Ribble, Preston, Lancashire, PR23
£1,55006/240.49 miVictoria Quay, Docklands, Ashton On Ribble, Preston5
£1,10007/240.53 miNavigation Way, Ashton-on-ribble3
£90006/240.57 miPrinces Reach, Ashton-On-Ribble, Preston3
£95006/240.6 miPrinces Reach, Ashton-on-Ribble3
£1,35012/240.6 miPrinces Reach, Ashton-on-ribble3

Local Area Statistics

Population in PR1

72,064

Population in Preston

286,036

Town centre distance

2.09 miles away

Nearest school

0.30 miles away

Nearest train station

1.10 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+3%

Sales demand

Seller's market

Capital growth (5yrs)

+17%

Property History

Listed for £550,000

January 27, 2025

Floor Plans

Description

  • 1920s 4 Bedroom Detached +
  • Higher Penwortham +
  • Offered With No Chain +
  • Sizeable Plot +
  • Detached Double Garage and Work Shop +
  • 2 Reception Rooms +
  • Extended Dining Kitchen +
  • Downstairs Shower Room +
  • Front and Rear Gardens +

This lovely 1920s detached house, set on a sizeable plot with a detached double garage and ample parking

No Chain Delay | One of Penwortham's most Sought- After Addresses

Ground Floor: The ground floor offers a spacious and versatile layout, including a bright and airy hallway and two large reception rooms, one of which features a retro-style bar. The extended dining kitchen is fitted with solid wood cabinetry, a gas double oven with hob, an integrated dishwasher, and a fridge freezer, with direct access to the garden. There is also a utility porch with plumbing for a washing machine and dryer. Completing the ground floor is a convenient shower room with a WC.

First Floor: Upstairs, the property features four bedrooms, including three doubles and one single. The main bedroom includes fitted wardrobes and a charming bay window. A newly installed boiler (just six months old) is located in the third bedroom. The family bathroom completes the first-floor accommodation.

Exterior: The property sits on a sizeable plot with a beautifully maintained, mature garden offering privacy and featuring trees and shrubs. The front garden includes an artificial lawn and block-paved parking for three cars, leading to a large detached double garage with a workshop and loft storage.

What We Love About This Property: "This home combines character and space, offering a fantastic opportunity to modernize and make it your own. The private and well-maintained garden and its prime location on one of Penwortham's most sought-after streets add to its appeal."

Tenure: Freehold

Council Tax Band: E 

LOCAL INFORMATION PENWORTHAM is a town in South Ribble, Lancashire. Situated on the South Bank of the River Ribble, where a vibrant community with an abundance of shops, cafes, diverse eateries and trendy wine bars, are conveniently on hand. Excellent catchment area for primary and secondary schools. Preston city centre is no more than a mile away, easy access to the motorway network with the Lake District, Manchester and Liverpool being only an hour's drive. Fantastic walks, parks and cycleways are also easily accessed within minutes of the area.  

PORCH  

ENTRANCE HALL  

LIVING ROOM 12' 5" x 15' 2" (3.78m x 4.62m)  

SECOND RECEPTION 12' 1" x 15' 10" (3.68m x 4.83m)  

KITCHEN  

DINING AREA  

UTILITY ROOM  

DOWNSTAIRS SHOWER ROOM  

LANDING  

BEDROOM ONE 12' 4" x 13' 5" (3.76m x 4.09m)  

BEDROOM TWO 12' 2" x 13' 10" (3.71m x 4.22m)  

BEDROOM THREE 9' 3" x 11' 9" (2.82m x 3.58m)  

BEDROOM FOUR 7' 6" x 7' 8" (2.29m x 2.34m)  

BATHROOM 8' 3" x 7' 3" (2.51m x 2.21m)  

OUTSIDE  

GARAGE 16' 2" x 14' 2" (4.93m x 4.32m)  

WORK SHOP 16' 2" x 5' 10" (4.93m x 1.78m)  

Whilst we believe the data within these statements to be accurate, any person(s) intending to place an offer and/or purchase the property should satisfy themselves by inspection in person or by a third party as to the validity and accuracy.

Please call to arrange a viewing on this property now. Our office hours are 9am-5pm Monday to Friday and 9am-4pm Saturday.

Agent Details

Roberts & Co Estate Agents, Preston & South Ribble

01772 963610

Next Steps?

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