5 Bed HMO, Preston, PR1 1TT, £240,000
St. Ignatius Square, Preston, Lancashire, PR1 1TT - 9 views - 3 months ago
HMO
ROI: 11%
~178 m²





+6 photos
ValuationUndervalued
Sold Prices | £128.5K - £1.1M |
Sold Prices/m² | £918/m² - £2.8K/m² |
| |
Square Metres | ~178.28 m² |
Price/m² | £1.3K/m² |
Value Estimate | £295,200 |
BMV | 23% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £60,000 |
Stamp Duty & Legal Fees | £8,400 |
Total Cash In | £68,400 |
| |
Cash Out | |
Room Rate | £490 |
Gross Rent | £2,450 |
Running Costs/mo | £1,809 |
Cashflow/mo | £641 |
Cashflow/yr | £7,692 |
ROI | 11% |
Gross Yield | 12% |
Local Sold Prices
23 sold prices from £128.5K to £1.1M, average is £352K. £918/m² to £2.8K/m², average is £1.7K/m².
Local Area Statistics
Population in PR1 | 72,064 |
Population in Preston | 286,036 |
Town centre distance | 0.29 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.98 miles away |
| |
Rental demand | Tenant's market |
Rental growth (12m) | +3% |
Sales demand | Seller's market |
Capital growth (5yrs) | +17% |
Property History
Listed for £240,000
February 6, 2025
Floor Plans

Description
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