5 Bed Terraced House, Single Let, Preston, PR1 6TJ, £190,000

Linnet Street, Preston, PR1 6TJ - 1 views - 2 months ago

BTL
~130 m²
+9 photos

ValuationUndervalued

Sold Prices£128.5K - £1.1M
Sold Prices/m²£918/m² - £3.3K/m²

 

 

Square Metres

~130.20 m²
Price/m²£1.5K/m²

Value Estimate

£235,600
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£47,500

Stamp Duty & Legal Fees

£12,000

Total Cash In

£59,500

 

 

Cash Out

 

Rent Range

£700 - £6,760

Rent Estimate

£763

Running Costs/mo

£766

Cashflow/mo

£-3

Cashflow/yr

£-40

Gross Yield

5%

Local Sold Prices

45 sold prices from £128.5K to £1.1M, average is £327.5K. £918/m² to £3.3K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£240K12/200.64 mi81, Ribbleton Avenue, Preston, Lancashire PR1 5RX5
£220K01/210.79 mi68, Fishwick View, Preston, Lancashire PR1 4YB5
£210K03/210.88 mi56, Brackenbury Road, Preston, Lancashire PR1 7UQ5
£610K06/210.92 mi41, Watling Street Road, Fulwood, Preston, Lancashire PR2 8EA5
£128.5K06/210.97 mi23, Fermor Road, Preston, Lancashire PR1 4TX5
£240K06/231.01 mi22, Latham Street, Preston, Lancashire PR1 3TE5
£380K03/211.09 mi2, Highgate Avenue, Fulwood, Preston, Lancashire PR2 8LL5
£430K08/231.14 mi1, Glencourse Drive, Fulwood, Preston, Lancashire PR2 6AF5
£146.5K05/211.2 mi21, Stanley Place, Preston, Lancashire PR1 8NA5
£503.8K06/211.22 mi6, Eton Park, Fulwood, Preston, Lancashire PR2 9NL5
£210K08/211.31 mi91, Wellington Street, Preston, Lancashire PR1 8TQ5
£250K12/201.44 mi8, Almond Close, Fulwood, Preston, Lancashire PR2 9PZ5
£352K07/231.63 mi28, Squires Wood, Fulwood, Preston, Lancashire PR2 9QA5
£280K08/231.64 mi13, Higher Walton Road, Walton Le Dale, Preston, Lancashire PR5 4HA5
£565K09/211.77 miHighfield House, Fulwood Row, Fulwood, Preston, Lancashire PR2 5RU5
£345K03/211.87 mi7, The Vineyard, Walton Le Dale, Preston, Lancashire PR5 4PR5
£1.1M06/231.93 miValley Lodge, Valley Road, Penwortham, Preston, Lancashire PR1 9XQ5
£310K06/211.98 mi49, Ridge Way, Penwortham, Preston, Lancashire PR1 9XW5
£412K12/201.98 mi15, Ridge Way, Penwortham, Preston, Lancashire PR1 9XW5
£370K02/232.05 mi24, The Oaks, Walton Le Dale, Preston, Lancashire PR5 4LT5
£200K09/212.08 mi24, Bexhill Road, Ingol, Preston, Lancashire PR2 3UA5
£700K07/232.14 miIngol Head House, Walker Lane, Fulwood, Preston, Lancashire PR2 7AN5
£480K08/232.15 mi28, Highgate, Penwortham, Preston, Lancashire PR1 0DU5
£275K06/212.2 mi128, Greencroft, Penwortham, Preston, Lancashire PR1 9LD5
£362.5K01/212.21 mi21, Carrwood Way, Walton Le Dale, Preston, Lancashire PR5 4NR5
£487.5K11/202.21 mi64, Cop Lane, Penwortham, Preston, Lancashire PR1 0SR5
£195K03/212.22 mi49, Dorchester Avenue, Walton Le Dale, Preston, Lancashire PR5 4PE5
£403K01/232.29 mi3, Laburnum Drive, Fulwood, Preston, Lancashire PR2 3NA5
£440K08/212.29 mi1, Oakwood Drive, Fulwood, Preston, Lancashire PR2 3LX5
£290K06/212.32 mi9, Barn Flatt Close, Higher Walton, Preston, Lancashire PR5 4HW5
£210K11/202.32 mi25, Barn Flatt Close, Higher Walton, Preston, Lancashire PR5 4HW5
£380K11/202.35 mi114, Cop Lane, Penwortham, Preston, Lancashire PR1 0UR5
£375K03/232.37 miBeech Croft, Cottam Lane, Ingol, Preston, Lancashire PR2 3XW5
£230K02/212.4 mi5, Cottonwood Close, Bamber Bridge, Preston, Lancashire PR5 6DG5
£253K05/212.46 mi41a, Severn Drive, Walton Le Dale, Preston, Lancashire PR5 4TD5
£330K05/212.48 mi63, Greenacres, Fulwood, Preston, Lancashire PR2 7DB5
£305K05/212.48 mi69, Greenacres, Fulwood, Preston, Lancashire PR2 7DB5
£327.5K12/202.49 mi2, Broad Oak Lane, Penwortham, Preston, Lancashire PR1 0UX5
£825K06/212.53 miGregson House, Haighton Green Lane, Haighton, Preston, Lancashire PR2 5SR5
£450K03/232.66 mi8, The Maples, Fulwood, Preston, Lancashire PR4 0DL5
£269.9K11/202.66 mi13, Cedar Way, Penwortham, Preston, Lancashire PR1 0PE5
£280K04/232.73 mi91, Whitefield Road, Penwortham, Preston, Lancashire PR1 0QR5
£230K01/212.79 mi273, Brownedge Road, Bamber Bridge, Preston, Lancashire PR5 6UU5
£459.9K10/222.89 mi54, Townlea Close, Penwortham, Preston, Lancashire PR1 0NY5
£320K12/202.92 miBreezehill, Gregson Lane, Hoghton, Preston, Lancashire PR5 0LE5

Local Rents

51 rents from £700/mo to £6.8K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,10003/250.17 mi-3
£1,10002/250.17 mi-3
£1,10002/250.17 mi-3
£1,09501/250.17 mi-3
£99506/240.17 miDeepdale Road, Preston, Lancashire, PR13
£80008/240.19 miSomerset Road, Preston, Lancashire, PR13
£92506/240.23 miSt. Martins Road, Preston4
£1,52106/240.23 miSt Stephens Road, Flat 2, PRESTON, Lancashire PR1 6NU3
£1,30007/240.25 miBurrow Road, PRESTON PR1 6JU6
£1,00006/240.25 miBurrow Road, PRESTON, Lancashire PR1 6JU3
£80008/240.27 miLowthorpe Road, Deepdale, PR13
£85010/240.28 mi-3
£77506/240.28 mi-3
£77506/240.28 mi-3
£80009/240.3 mi-3
£2,99006/240.3 miStanleyfield Road, PRESTON PR1 1QL6
£80010/240.31 mi-3
£1,15008/240.31 miSt. Gregory Road, Preston3
£72508/240.33 mi-3
£1,00007/240.34 miSt Christophers Road, Preston4
£1,20007/240.34 miHolstein Street, PRESTON, Lancashire PR1 1UN3
£75002/240.35 mi-3
£75002/240.35 mi-3
£1,90707/240.38 miEast Street, Preston4
£1,56007/240.39 miSt Pauls Road - Upstairs, PRESTON, Lancashire PR1 6NS4
£90006/240.39 mi-3
£1,05008/240.39 mi-4
£1,05007/240.39 mi-3
£1,05007/240.39 miSherbourne Crescent, Preston, PR14
£1,05003/250.39 mi-3
£1,00001/250.4 mi-4
£1,25002/250.41 mi-4
£2,27507/240.42 miSt Pauls Square, Preston5
£1,40006/240.42 miSt. Pauls Square, Preston, Lancashire, PR14
£6,76007/240.42 miSt. Pauls Square, Preston, PR14
£2,55004/250.43 mi-4
£1,05007/240.44 miCharnock Street, PRESTON, Lancashire PR1 6DR4
£1,10007/240.44 miSt. Pauls Square, Preston, PR13
£99507/240.44 mi-3
£99801/250.46 mi-3
£95003/250.46 mi-3
£2,38006/240.46 mi-3
£2,52004/250.46 mi-3
£1,20006/240.46 miSt Thomas Road, PRESTON, Lancashire PR1 6AY3
£70008/240.47 miSkeffington Road, Preston, PR13
£1,15009/240.48 mi-3
£1,65006/240.5 miThe Exchange, Percy Street, Preston3
£1,56506/240.5 miThe Exchange, Percy Street, Preston3
£1,80006/240.5 miThe Exchange, Percy Street, Preston3
£1,57006/240.5 miThe Exchange, Percy Street, Preston3
£1,65006/240.5 miThe Exchange, Percy Street, Preston3

Local Area Statistics

Population in PR1

72,064

Population in Preston

286,036

Town centre distance

0.09 miles away

Nearest school

0.10 miles away

Nearest train station

1.15 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+3%

Sales demand

Seller's market

Capital growth (5yrs)

+17%

Property History

Listed for £190,000

February 17, 2025

Floor Plans

Description

  • 5 Bed Terraced +
  • View Our 360 Tour +
  • 2 Reception Rooms +
  • Great Transport Links +
  • Close To Local Amenities And Schools +
  • Schedule A Viewing 24/7 +

The Property
1 Linnet Street is a spacious and well-proportioned five-bedroom terraced home, offering flexible family living across three floors. With a total floor area of approximately 130.2 m² (1,401 sq.ft.), this property is perfect for growing families, investors, or those seeking a generous home in a convenient Preston location.

Upon entering the property, you are greeted by a welcoming hallway leading to the ground floor living spaces. To the front is a separate lounge, offering a cosy and private sitting area. Beyond this, a large open-plan lounge/dining room provides an ideal space for family gatherings and entertaining. The room benefits from plenty of natural light and flows seamlessly into the rear kitchen. The kitchen is fitted with a range of modern units, worktops, and appliances, with access to the rear yard.

The first floor hosts four well-sized bedrooms, each offering flexibility for use as sleeping quarters, a home office, or playroom. A family bathroom is also situated on this floor, complete with a bathtub, washbasin, and WC.

The second floor is dedicated to an impressive master bedroom, providing a private retreat with ample space for a large bed and additional furnishings.

Externally, the property benefits from a rear yard, offering low-maintenance outdoor space.

Situated in a convenient Preston location, 1 Linnet Street is close to local amenities, schools, and transport links, making it an ideal home for families and professionals alike. The property offers excellent potential for both owner-occupiers and buy-to-let investors, thanks to its size and location.

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Preston

020 3834 8192

Next Steps?

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