3 Bed Semi-Detached House, Refurb/BRRR, Preston, PR5 5JX, £199,950

7 Kellet Acre, Lostock Hall, PR5 5JX - 2 months ago

Sold STC
Refurb/BRRR
ROI: 2%
~91 m²
+16 photos

ValuationOvervalued

Sold Prices£93K - £335.5K
Sold Prices/m²£939/m² - £3.5K/m²

 

 

Square Metres

~90.50 m²
Price/m²£2.2K/m²

Value Estimate

£181,449

 

 

End Value (After Refurb)

£192,756

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£49,988

Stamp Duty & Legal Fees

£12,697

Refurb Costs

£38,368

Bridging Loan Interest

£5,249

Total Cash In

£108,051

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£192,756

Mortgage (After Refinance)

£144,567

Mortgage LTV

75%

Cash Left In

£108,051

Equity

£48,189

Rent Range

£695 - £1,500

Rent Estimate

£997

Running Costs/mo

£822

Cashflow/mo

£175

Cashflow/yr

£2,103

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £93K to £335.5K, average is £153.8K. £939/m² to £3.5K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£193K09/230.06 mi3, School Lane, Lostock Hall, Preston, Lancashire PR5 5JS3
£147.5K03/210.06 mi4, School Lane, Lostock Hall, Preston, Lancashire PR5 5JS3
£240K11/220.09 mi22, Lowry Close, Lostock Hall, Preston, Lancashire PR5 5ND3
£259.9K04/210.12 mi1, Turner Avenue, Lostock Hall, Preston, Lancashire PR5 5LW3
£223K11/200.15 mi31, Wellfield Road, Lostock Hall, Preston, Lancashire PR5 5LQ3
£250K12/220.15 mi35, St Pauls Close, Farington Moss, Leyland, Lancashire PR26 6RT3
£205K04/210.17 mi7, Blake Avenue, Lostock Hall, Preston, Lancashire PR5 5LY3
£215K06/210.19 mi6, North Union View, Lostock Hall, Preston, Lancashire PR5 5RF3
£125K12/200.19 mi21, Greenfield Drive, Lostock Hall, Preston, Lancashire PR5 5JL3
£188K08/210.22 mi22, Morland Avenue, Lostock Hall, Preston, Lancashire PR5 5LU3
£185K01/210.22 mi5, Morland Avenue, Lostock Hall, Preston, Lancashire PR5 5LU3
£135K07/210.25 mi63, Lostock View, Lostock Hall, Preston, Lancashire PR5 5LS3
£177K09/230.25 mi77, Lostock View, Lostock Hall, Preston, Lancashire PR5 5LS3
£190K12/220.25 mi167, Croston Road, Farington Moss, Leyland, Lancashire PR26 6PQ3
£215K11/200.25 miOaklands, Church Lane, Farington Moss, Leyland, Lancashire PR26 6RD3
£237.5K02/230.29 mi160, Fir Trees Avenue, Lostock Hall, Preston, Lancashire PR5 5SY3
£147.9K06/210.3 mi63, Coote Lane, Lostock Hall, Preston, Lancashire PR5 5JD3
£150K01/210.36 mi1, Jubilee Road, Lostock Hall, Preston, Lancashire PR5 5RR3
£150K03/210.36 mi23b, Victoria Street, Lostock Hall, Preston, Lancashire PR5 5RA3
£124K06/230.37 mi2, Hoghton Street, Lostock Hall, Preston, Lancashire PR5 5RQ3
£171.5K11/220.37 mi10, Great Meadow, Lostock Hall, Preston, Lancashire PR5 5EY3
£152K09/210.39 mi43, Broadmeadow, Lostock Hall, Preston, Lancashire PR5 5SF3
£127.5K01/210.41 mi1, Harold Terrace, Lostock Hall, Preston, Lancashire PR5 5SE3
£93K11/200.41 mi434, Leyland Road, Lostock Hall, Preston, Lancashire PR5 5RY3
£157K01/210.41 mi223, Croston Road, Farington Moss, Leyland, Lancashire PR26 6PP3
£190K01/210.42 mi207, Croston Road, Farington Moss, Leyland, Lancashire PR26 6PP3
£128K01/230.42 mi20, Ward Street, Lostock Hall, Preston, Lancashire PR5 5HR3
£106K04/210.44 mi475, Leyland Road, Lostock Hall, Preston, Lancashire PR5 5SD3
£185K11/220.45 mi14, Fir Trees Crescent, Lostock Hall, Preston, Lancashire PR5 5SL3
£155K12/220.48 mi8, Fern Close, Lostock Hall, Preston, Lancashire PR5 5BU3
£135K05/210.48 mi125, Watkin Lane, Lostock Hall, Preston, Lancashire PR5 5HA3
£135K05/210.48 mi125, Watkin Lane, Lostock Hall, Preston, Lancashire PR5 5HA3
£155K10/210.49 mi87, Marina Grove, Lostock Hall, Preston, Lancashire PR5 5SQ3
£152.5K03/210.5 mi435, Leyland Road, Lostock Hall, Preston, Lancashire PR5 5SB3
£106K11/210.5 mi32, Avondale Drive, Lostock Hall, Preston, Lancashire PR5 5BQ3
£132.5K01/210.53 mi9, South View, Lostock Hall, Preston, Lancashire PR5 5HE3
£163K04/230.53 mi35, Marina Grove, Lostock Hall, Preston, Lancashire PR5 5SQ3
£151K12/220.53 mi81, Marina Grove, Lostock Hall, Preston, Lancashire PR5 5SQ3
£129.9K10/210.54 mi66, Marina Grove, Lostock Hall, Preston, Lancashire PR5 5SR3
£136.5K11/200.54 mi68, Marina Grove, Lostock Hall, Preston, Lancashire PR5 5SR3
£175K08/230.54 mi52, Marina Grove, Lostock Hall, Preston, Lancashire PR5 5SR3
£177.5K05/230.54 mi20, Marina Grove, Lostock Hall, Preston, Lancashire PR5 5SR3
£175K11/210.54 mi3, Werneth Close, Penwortham, Preston, Lancashire PR1 9TS3
£150.1K05/210.56 mi383, Leyland Road, Penwortham, Preston, Lancashire PR1 9SS3
£128K11/200.56 mi45, Alpine Avenue, Lostock Hall, Preston, Lancashire PR5 5LG3
£137.5K12/200.57 mi12, Aldwych Drive, Lostock Hall, Preston, Lancashire PR5 5LF3
£147.5K06/230.57 mi43, Lourdes Avenue, Lostock Hall, Preston, Lancashire PR5 5TB3
£335.5K05/210.59 mi34, Chain House Lane, Whitestake, Preston, Lancashire PR4 4LE3
£140K12/200.59 mi51, Albrighton Road, Lostock Hall, Preston, Lancashire PR5 5LE3
£165K08/230.59 mi6, Albrighton Road, Lostock Hall, Preston, Lancashire PR5 5LE3

Local Rents

18 rents from £695/mo to £1.5K/mo, average is £995/mo.

RentDateDistanceAddressBeds 
£1,20009/240.16 mi-3
£1,20012/240.19 miMorland Avenue, Lostock Hall, Preston3
£79502/240.35 mi-3
£69502/240.36 mi-3
£75006/240.41 mi-3
£77512/240.41 miWatkin Lane, Lostock Hall, Preston3
£1,10003/250.49 mi-3
£1,00008/240.66 miLeyland Road, Penwortham3
£95008/240.88 miGreaves Meadow, Penwortham, Preston3
£1,20007/240.9 miRookery Drive, Penwortham, Preston3
£1,25006/240.99 miElmtree Avenue, Penwortham, Preston3
£1,50012/241.05 miTodd Lane North, Lostock Hall3
£99507/241.06 miGiller Close, Penwortham, Preston, Lancashire, PR13
£99512/241.09 miCenturion Way, Leyland, Lancashire, PR253
£1,25003/251.11 mi-3
£89507/241.17 miCloughfield, Penwortham, Preston3
£85007/241.18 miSycamore Drive, Penwortham, Preston, PR13
£89507/241.19 miWoodburn Grove, Penwortham3

Local Area Statistics

Population in PR5

40,828

Population in Preston

286,036

Town centre distance

3.28 miles away

Nearest school

0.10 miles away

Nearest train station

0.47 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+1%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £199,950

February 13, 2025

Floor Plans

Description

  • Semi Detached House +
  • Spacious Gardens Front & Rear +
  • Some Modernisation Needed +
  • Three bedrooms +
  • Detached garage +
  • Rear Extension +
  • Freehold +
  • Awaiting EPC +
  • Council Tax Band B +

Located within Kellet Acre, Lostock Hall, this delightful semi-detached house presents an excellent opportunity for families and individuals alike. Boasting three well-proportioned bedrooms, including two spacious double rooms and a comfortable single room, this property is designed to accommodate a variety of living arrangements.

The ground floor, comprising a spacious living room, separate dining area, and kitchen. This generous layout not only enhances the sense of space but also creates a warm and inviting atmosphere, perfect for both entertaining guests and enjoying quiet family evenings. The rear extension further enhances the kitchen, providing additional room without compromising the potential of the lovely gardens.

The exterior of the property is equally impressive, featuring a large front garden adorned with lush grass and a lengthy driveway, ensuring ample parking for residents and visitors. The rear garden is a delightful retreat, combining grassy areas with paved sections, ideal for outdoor gatherings or simply enjoying the fresh air. Additionally, a detached garage offers practical storage solutions or the potential for a workshop.

While the property exudes a welcoming charm, it also offers great potential for any new buyers to put their own stamp it, whilst also being liveable as it stands, allowing you to settle in comfortably while you consider your personal touches.

In summary, this semi-detached house in Lostock Hall is a wonderful blend of space, charm, and potential, making it a perfect choice for those seeking a family home in a friendly community. Don’t miss the chance to view this inviting property and envision the possibilities it holds. Council Tax Band B, A EPC Rating C, Freehold.
*Please note measurements for this property are located within the floorplan*

Agent Details

Holdens Estate Agents, Lostock Hall

01772 288956

Next Steps?

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