3 Bed Terraced House, Single Let, Preston, PR5 6LP, £140,000

Princess Street, Bamber Bridge, Preston, Lancashire, PR5 6LP - 2 months ago

Sold STC
BTL
ROI: 5%
~93 m²
+11 photos

ValuationUndervalued

Sold Prices£90K - £274K
Sold Prices/m²£841/m² - £3.4K/m²

 

 

Square Metres

~93 m²
Price/m²£1.5K/m²

Value Estimate

£166,735
BMV19%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£35,000

Stamp Duty & Legal Fees

£8,500

Total Cash In

£43,500

 

 

Cash Out

 

Rent Range

£775 - £1,475

Rent Estimate

£809

Running Costs/mo

£619

Cashflow/mo

£190

Cashflow/yr

£2,276

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £90K to £274K, average is £150K. £841/m² to £3.4K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£160K03/230.01 mi9, Princess Street, Bamber Bridge, Preston, Lancashire PR5 6LP3
£220K05/230.12 mi32, Withy Trees Avenue, Bamber Bridge, Preston, Lancashire PR5 6NS3
£125K02/210.13 mi264, Station Road, Bamber Bridge, Preston, Lancashire PR5 6EB3
£160K03/230.15 mi36, Kingsway, Bamber Bridge, Preston, Lancashire PR5 6UJ3
£165K09/210.16 mi39, Withy Grove Road, Bamber Bridge, Preston, Lancashire PR5 6WY3
£165K03/210.19 mi47, Withy Trees Avenue, Bamber Bridge, Preston, Lancashire PR5 6NR3
£145K08/230.21 mi2, Hodder Close, Bamber Bridge, Preston, Lancashire PR5 6WA3
£170K12/220.22 mi12, Ellen Street, Bamber Bridge, Preston, Lancashire PR5 6UN3
£151K10/210.22 mi11, Queensway, Bamber Bridge, Preston, Lancashire PR5 6UB3
£173K08/230.23 mi7, Brennand Close, Bamber Bridge, Preston, Lancashire PR5 6WH3
£150K06/210.24 mi4, Regents Way, Bamber Bridge, Preston, Lancashire PR5 6UH3
£274K04/210.24 mi111, Edward Street, Bamber Bridge, Preston, Lancashire PR5 6FD3
£150K02/230.24 mi54, Edward Street, Bamber Bridge, Preston, Lancashire PR5 6FD3
£167.5K10/210.24 mi117, Old Hall Drive, Bamber Bridge, Preston, Lancashire PR5 6EU3
£90K06/230.24 mi81, Old Hall Drive, Bamber Bridge, Preston, Lancashire PR5 6EU3
£115K03/230.26 mi2, James Street, Bamber Bridge, Preston, Lancashire PR5 6TH3
£135K07/230.26 mi14, James Street, Bamber Bridge, Preston, Lancashire PR5 6TH3
£123K02/210.27 mi74, Stockdale Crescent, Bamber Bridge, Preston, Lancashire PR5 6NB3
£97K05/210.27 mi5, Duke Street, Bamber Bridge, Preston, Lancashire PR5 6ET3
£153K10/210.28 mi43, Langden Crescent, Bamber Bridge, Preston, Lancashire PR5 6ND3
£110K03/210.28 mi6, Maple Drive, Bamber Bridge, Preston, Lancashire PR5 6RA3
£162K11/220.28 mi24, Langden Crescent, Bamber Bridge, Preston, Lancashire PR5 6ND3
£105K10/200.29 mi7, John Street, Bamber Bridge, Preston, Lancashire PR5 6TJ3
£145K07/230.3 mi29, Brownedge Lane, Bamber Bridge, Preston, Lancashire PR5 6TA3
£200K11/220.3 mi17, West View, Bamber Bridge, Preston, Lancashire PR5 6DL3
£180K12/220.31 mi52, Old Hall Drive, Bamber Bridge, Preston, Lancashire PR5 6FX3
£149K02/210.31 mi17, West View, Bamber Bridge, Preston, Lancashire PR5 6DL3
£143.2K08/230.31 mi48, Collins Road, Bamber Bridge, Preston, Lancashire PR5 6GT3
£128K03/210.31 mi66, Collins Road, Bamber Bridge, Preston, Lancashire PR5 6GT3
£150K08/210.31 mi44, Langden Crescent, Bamber Bridge, Preston, Lancashire PR5 6NE3
£130K02/230.31 mi45, Langden Crescent, Bamber Bridge, Preston, Lancashire PR5 6NE3
£137K10/200.33 mi4, Welbeck Crescent, Bamber Bridge, Preston, Lancashire PR5 6ST3
£179K04/210.33 mi10, Welbeck Crescent, Bamber Bridge, Preston, Lancashire PR5 6ST3
£137K02/230.33 mi3, Poplar Avenue, Bamber Bridge, Preston, Lancashire PR5 6QX3
£138K11/200.33 mi33, Collins Road, Bamber Bridge, Preston, Lancashire PR5 6QT3
£135K01/210.33 mi59, Collins Road, Bamber Bridge, Preston, Lancashire PR5 6QT3
£180K01/230.33 mi13, Collins Road, Bamber Bridge, Preston, Lancashire PR5 6QT3
£91K05/210.33 mi18, Bridge Street, Bamber Bridge, Preston, Lancashire PR5 6FR3
£91K05/210.33 mi18, Bridge Street, Bamber Bridge, Preston, Lancashire PR5 6FR3
£178K06/210.36 mi394, Station Road, Bamber Bridge, Preston, Lancashire PR5 6EL3
£172.5K02/210.37 mi55, Withy Trees Avenue, Bamber Bridge, Preston, Lancashire PR5 6NU3
£140K08/230.37 mi42, Havelock Road, Bamber Bridge, Preston, Lancashire PR5 6ER3
£110K10/200.41 mi26, Dean Street, Bamber Bridge, Preston, Lancashire PR5 6GP3
£165K01/230.43 mi19, Riverside, Bamber Bridge, Preston, Lancashire PR5 6ES3
£123K04/230.43 mi28, Riverside, Bamber Bridge, Preston, Lancashire PR5 6ES3
£165K11/220.43 mi15, Longbrook Avenue, Bamber Bridge, Preston, Lancashire PR5 6XB3
£158K06/210.43 mi29, Further Field, Bamber Bridge, Preston, Lancashire PR5 6XP3
£160K02/230.43 mi29, Further Field, Bamber Bridge, Preston, Lancashire PR5 6XP3
£160K01/210.43 mi17, Further Field, Bamber Bridge, Preston, Lancashire PR5 6XP3
£225K11/220.44 mi16, Hazel Avenue, Bamber Bridge, Preston, Lancashire PR5 6PJ3

Local Rents

12 rents from £775/mo to £1.5K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£80006/240.07 miCambridge Road, Bamber Bridge3
£1,15006/240.23 miSpinners Avenue, Bamber Bridge, Preston3
£1,47506/240.23 miSpinners Avenue, Wren Green Bamber Bridge3
£77512/240.24 mi-3
£82512/240.26 miJames Street, Bamber Bridge, Preston3
£1,19512/240.27 mi-3
£89506/240.31 miCollins Road, Bamber Bridge3
£1,10006/240.31 miGarforth Crescent,Bamber Bridge,PR5 6SS ***PETS WELCOME***3
£1,00012/240.36 miBrampton Drive, Bamber Bridge3
£1,10003/250.51 mi-3
£1,10002/250.51 mi-3
£1,30001/250.59 mi-3

Local Area Statistics

Population in PR5

40,828

Population in Preston

286,036

Town centre distance

3.13 miles away

Nearest school

0.10 miles away

Nearest train station

0.06 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+1%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £140,000

February 14, 2025

Description

  • Immaculate terraced house +
  • Open-plan design +
  • Two reception rooms +
  • Three bedrooms +
  • Two bathrooms +
  • Functional modern kitchen +
  • Single garage +
  • Ample parking space +
  • Well-maintained garden +
  • Backs onto Withy Grove Park +

This immaculate terraced house is on the market and presents an excellent opportunity for first time buyers and families alike. The property boasts an open-plan design with a wealth of unique features including two inviting reception rooms, three bedrooms, and two bathrooms. Of the three bedrooms, two are generous doubles and the third is an oversized single, all bathed in ample natural light.

The heart of this home is undoubtedly the kitchen, which is designed to be both functional and aesthetically pleasing, perfectly catering to the needs of a modern family. A sense of space is prevalent throughout the house, with a flow that seamlessly connects each room.

Outdoors, you will find a single garage and a parking space for convenience, along with a well-maintained garden that offers the perfect space for relaxation and family fun. The property is fortunate to back onto Withy Grove Park, providing an uninterrupted view of beautiful greenery and easy access to walking and cycling routes.

The house is ready to move into and is situated in a sought-after location with excellent public transport links. Local amenities are within easy reach, and the nearby schools make it an ideal location for families. The property also provides easy access to motorways, making it a convenient base for commuting.

In conclusion, this house presents a unique blend of space, convenience, and style, making it a compelling choice for those seeking a family home or a first-time purchase. Don't miss this opportunity to secure your dream home.

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.

BBR250053/2

Agent Details

Reeds Rains, Bamber Bridge

01772 288285

Next Steps?

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