2 Bed Terraced House, Single Let, Preston, PR2 2DY, £119,000

Balcarres Road, Ashton-On-Ribble, Preston, PR2 2DY - 3 months ago

BTL
ROI: 4%
~68 m²
+7 photos

ValuationOvervalued

Sold Prices£76K - £220K
Sold Prices/m²£561/m² - £3.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.7K/m²

Value Estimate

£113,833

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£29,750

Stamp Duty & Legal Fees

£7,150

Total Cash In

£36,900

 

 

Cash Out

 

Rent Range

£600 - £1,312

Rent Estimate

£650

Running Costs/mo

£522

Cashflow/mo

£128

Cashflow/yr

£1,538

ROI

4%

Gross Yield

7%

Local Sold Prices

50 sold prices from £76K to £220K, average is £118.3K. £561/m² to £3.3K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£125K07/230.01 mi99, Balcarres Road, Ashton On Ribble, Preston, Lancashire PR2 2DY2
£119K10/200.03 mi11, Gathurst Road, Ashton On Ribble, Preston, Lancashire PR2 2ED2
£130K12/220.03 mi9, Gathurst Road, Ashton On Ribble, Preston, Lancashire PR2 2ED2
£106K12/200.09 mi228, Stocks Road, Ashton On Ribble, Preston, Lancashire PR2 2JS2
£104.5K03/210.09 mi236, Stocks Road, Ashton On Ribble, Preston, Lancashire PR2 2JS2
£125K02/230.09 mi214, Stocks Road, Ashton On Ribble, Preston, Lancashire PR2 2JS2
£121.5K01/210.09 mi194, Stocks Road, Ashton On Ribble, Preston, Lancashire PR2 2JS2
£117.5K02/230.09 mi186, Stocks Road, Ashton On Ribble, Preston, Lancashire PR2 2JS2
£156K03/210.12 mi4, Rose Avenue, Ashton On Ribble, Preston, Lancashire PR2 2HA2
£100K04/230.12 mi15, Belmont Road, Ashton On Ribble, Preston, Lancashire PR2 2LJ2
£99K09/210.12 mi3, Colenso Road, Ashton On Ribble, Preston, Lancashire PR2 2LL2
£134K02/230.13 mi7, Dorman Close, Ashton On Ribble, Preston, Lancashire PR2 2BF2
£76K12/200.14 mi5, Ridley Road, Ashton On Ribble, Preston, Lancashire PR2 2BS2
£112.5K02/230.15 mi132, Stocks Road, Ashton On Ribble, Preston, Lancashire PR2 2JR2
£160K04/210.15 mi51, Seymour Road, Ashton On Ribble, Preston, Lancashire PR2 2EU2
£164K03/230.15 mi63, Seymour Road, Ashton On Ribble, Preston, Lancashire PR2 2EU2
£95K03/210.15 mi206, Shelley Road, Ashton On Ribble, Preston, Lancashire PR2 2BX2
£106K11/200.16 mi77, Roebuck Street, Ashton On Ribble, Preston, Lancashire PR2 2BQ2
£146K11/210.16 mi140, Lytham Road, Ashton On Ribble, Preston, Lancashire PR2 2EP2
£200K01/230.16 mi128, Lytham Road, Ashton On Ribble, Preston, Lancashire PR2 2EP2
£120K10/230.17 mi1, Ladysmith Road, Ashton On Ribble, Preston, Lancashire PR2 2JP2
£116K12/200.2 mi105, Parker Street, Ashton On Ribble, Preston, Lancashire PR2 2AJ2
£151K05/230.21 mi5, The Ferns, Ashton On Ribble, Preston, Lancashire PR2 2BZ2
£110K07/210.22 mi78, Murdock Avenue, Ashton On Ribble, Preston, Lancashire PR2 2BL2
£110K01/210.22 mi58, Murdock Avenue, Ashton On Ribble, Preston, Lancashire PR2 2BL2
£94K02/230.22 mi14, Coniston Avenue, Ashton On Ribble, Preston, Lancashire PR2 2HS2
£130K04/230.24 mi60, Lulworth Avenue, Ashton On Ribble, Preston, Lancashire PR2 2BE2
£107K01/230.25 mi33, Ecroyd Road, Ashton On Ribble, Preston, Lancashire PR2 2LA2
£112K03/210.26 mi14, Bulmer Street, Ashton On Ribble, Preston, Lancashire PR2 2SL2
£130K08/230.26 mi41, Ecroyd Road, Ashton On Ribble, Preston, Lancashire PR2 2LA2
£112K12/200.26 mi23, Ecroyd Road, Ashton On Ribble, Preston, Lancashire PR2 2LA2
£85K11/210.26 mi45, Ecroyd Road, Ashton On Ribble, Preston, Lancashire PR2 2LA2
£123.5K03/230.26 mi15, Ecroyd Road, Ashton On Ribble, Preston, Lancashire PR2 2LA2
£88K01/210.26 mi19, Armstrong Street, Ashton On Ribble, Preston, Lancashire PR2 2LB2
£92K05/210.27 mi11, Bucklands Avenue, Ashton On Ribble, Preston, Lancashire PR2 2BP2
£177K05/230.28 mi5, Trafalgar Close, Ashton On Ribble, Preston, Lancashire PR2 2HG2
£110K04/230.28 mi4, Clifton Place, Ashton On Ribble, Preston, Lancashire PR2 2LD2
£113.5K05/210.29 mi11, Lulworth Avenue, Ashton On Ribble, Preston, Lancashire PR2 2BD2
£120K02/210.29 mi4, Lulworth Avenue, Ashton On Ribble, Preston, Lancashire PR2 2BD2
£120K03/230.29 mi19, Lulworth Avenue, Ashton On Ribble, Preston, Lancashire PR2 2BD2
£114K06/210.3 mi98, Stocks Road, Ashton On Ribble, Preston, Lancashire PR2 2SY2
£220K06/230.3 mi111, Lytham Road, Fulwood, Preston, Lancashire PR2 3EW2
£135K06/230.31 mi107, Shelley Road, Ashton On Ribble, Preston, Lancashire PR2 2DA2
£115K08/210.35 mi1, Greenbank Avenue, Preston, Lancashire PR1 7QB2
£125K01/230.35 mi11, Greenbank Avenue, Preston, Lancashire PR1 7QB2
£83K05/230.37 mi13, Nares Street, Ashton On Ribble, Preston, Lancashire PR2 2SS2
£148.3K06/210.38 mi26, Garden Walk, Ashton On Ribble, Preston, Lancashire PR2 1DP2
£110K03/230.39 mi64, Inkerman Street, Ashton On Ribble, Preston, Lancashire PR2 2AQ2
£127.4K03/230.39 mi23, Oswald Road, Ashton On Ribble, Preston, Lancashire PR2 1BT2
£135K12/220.39 mi386, Brook Street, Fulwood, Preston, Lancashire PR2 3AH2

Local Rents

52 rents from £600/mo to £1.3K/mo, average is £798/mo.

RentDateDistanceAddressBeds 
£75012/240.07 mi-2
£75006/240.1 miBrook Court, Dorman Close, Preston, Lancashire, PR22
£69506/240.1 miBrook Court, Ashton2
£89502/250.12 mi-2
£65007/240.15 mi-2
£67506/240.17 miLadysmith Road, Ashton2
£80012/240.23 mi-2
£80002/250.23 mi-2
£65006/240.24 miTulketh Brow, Preston, PR22
£67502/250.26 mi-2
£85004/250.27 mi-2
£72506/240.3 miEldon Street - flat 2, PRESTON PR2 2BA2
£74506/240.3 miAshley Mews, Ashton on Ribble, Preston, PR22
£79507/240.33 miRoyal Drive, Fulwood, PR22
£80004/250.33 mi-2
£67506/240.37 mi-2
£67506/240.37 mi-2
£67506/240.37 miNares Street, Preston, PR22
£69912/240.37 mi-2
£63504/250.38 mi-2
£69507/240.38 miRaglan Street, Ashton-on-ribble, Preston2
£72512/240.38 mi-2
£85006/240.38 miPark View Avenue, Ashton-On-Ribble, Preston, PR22
£85006/240.38 mi-2
£85006/240.38 mi-2
£85012/240.38 mi-2
£85006/240.38 miInkerman Street Preston PR2 2AQ2
£75012/240.39 mi-2
£80006/240.4 miDelacy Street, PRESTON PR2 2DD2
£85012/240.41 miBank Place, Ashton-On-Ribble, Preston, PR22
£85012/240.41 mi-2
£95006/240.43 miBrampton Street, Ashton-On-Ribble, Preston, PR22
£95006/240.43 mi-2
£95006/240.43 mi-2
£65012/240.44 miGarden Court, Tulketh Avenue, Preston, PR22
£80003/250.45 mi-2
£80007/240.45 mi-2
£80012/240.45 mi-2
£85006/240.47 miNorris Street, Preston2
£70007/240.47 miVictoria Parade, Ashton-on-ribble, Preston2
£82507/240.48 mi-2
£1,31204/250.49 mi-2
£80007/240.49 mi-2
£80001/250.49 mi-2
£80003/250.49 mi-2
£79507/240.49 miPlungington Road, Preston, Lancashire, PR12
£75006/240.51 miWildman street, Plungington, Preston2
£60006/240.51 miRoyal Drive, Fulwood, Preston, PR22
£72507/240.51 miCannon Hill, Ashton-on-Ribble - , PRESTON, Lancashire PR2 2RR2
£81502/250.52 mi-2
£75008/240.53 miEmmanuel Street, Preston2
£62506/240.55 miTulketh Road, Ashton-on-Ribble2

Local Area Statistics

Population in PR2

77,713

Population in Preston

286,036

Town centre distance

1.46 miles away

Nearest school

0.20 miles away

Nearest train station

1.36 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-7%

Sales demand

Seller's market

Capital growth (5yrs)

+25%

Property History

Price changed to £119,000

February 28, 2025

Listed for £122,000

January 28, 2025

Floor Plans

Description

  • Traditional Terrace 2 Bedroom House +
  • Desirable & Popular Location +
  • Gas Central Heating +
  • Utility Room +
  • Well Maintained Rear Yard +
  • Modern Shower Room +
  • On Street Permit Parking +
  • Generously Sized Master Bedroom +

This charming terraced house presents an excellent opportunity to acquire a traditional terrace 2-bedroom property in a desirable and popular location.

Boasting gas central heating throughout, the house features a well-equipped kitchen, separate utility room and a modern shower room, enhancing practicality and convenience.

The generously sized master bedroom adds an element of luxury to this cosy abode.

Additionally, the well-maintained rear yard provides a tranquil outdoor space perfect for relaxing or entertaining.

Owners will benefit from the on-street permit parking, ensuring convenience for those with vehicles.

With its characterful features and convenient layout, this property offers a comfortable and inviting living space for a variety of buyers.

The abundance of natural light and fresh air creates a pleasant environment for relaxation, reading, or hosting guests.

This delightful terraced house combines modern amenities with traditional charm, providing a perfect blend of comfort and style within a sought-after location.
EPC Rating: D

Agent Details

Clarkson Holden, Preston

01772 419889

Next Steps?

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