2 Bed Terraced House, Single Let, Preston, PR5 6FT, £110,000

Duke Street, Preston, Lancashire, PR5 6FT - 2 months ago

Sold STC
Leasehold
BTL
ROI: 5%
~68 m²
+12 photos

ValuationUndervalued

Sold Prices£85K - £215K
Sold Prices/m²£1.1K/m² - £4.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.6K/m²

Value Estimate

£114,054
BMV4%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£27,500

Stamp Duty & Legal Fees

£4,500

Total Cash In

£32,000

 

 

Cash Out

 

Rent Range

£625 - £895

Rent Estimate

£631

Running Costs/mo

£490

Cashflow/mo

£141

Cashflow/yr

£1,693

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £85K to £215K, average is £132K. £1.1K/m² to £4.4K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£132K12/220.11 mi45, Old Hall Drive, Bamber Bridge, Preston, Lancashire PR5 6EX2
£137K06/230.11 mi47, Old Hall Drive, Bamber Bridge, Preston, Lancashire PR5 6EX2
£110K02/230.11 mi285, Station Road, Bamber Bridge, Preston, Lancashire PR5 6ED2
£132K10/200.12 mi293, Station Road, Bamber Bridge, Preston, Lancashire PR5 6ED2
£165K09/210.15 mi23, Edward Street, Bamber Bridge, Preston, Lancashire PR5 6FB2
£154K02/210.15 mi29, Edward Street, Bamber Bridge, Preston, Lancashire PR5 6FB2
£111.4K09/210.18 mi2, Brown Street, Bamber Bridge, Preston, Lancashire PR5 6NQ2
£85K12/220.19 mi10, Montgomery Street, Bamber Bridge, Preston, Lancashire PR5 6WP2
£100K10/210.21 mi5, Mounsey Road, Bamber Bridge, Preston, Lancashire PR5 6LS2
£87K03/210.21 mi9, Mounsey Road, Bamber Bridge, Preston, Lancashire PR5 6LS2
£107K02/230.22 mi5, Oxford Road, Bamber Bridge, Preston, Lancashire PR5 6LQ2
£125K07/230.24 mi13, Cambridge Road, Bamber Bridge, Preston, Lancashire PR5 6LR2
£170K04/210.24 mi4a, Princess Street, Bamber Bridge, Preston, Lancashire PR5 6LP2
£155K11/210.28 mi8, Cranbourne Street, Bamber Bridge, Preston, Lancashire PR5 6TU2
£116K07/230.32 mi8, Smith Street, Bamber Bridge, Preston, Lancashire PR5 6LJ2
£103K05/230.34 mi37, Meanygate, Bamber Bridge, Preston, Lancashire PR5 6UP2
£125K12/220.41 mi44, St Marys Road, Bamber Bridge, Preston, Lancashire PR5 6TE2
£115.5K06/230.41 mi40, St Marys Road, Bamber Bridge, Preston, Lancashire PR5 6TE2
£138.5K06/230.43 mi17, St Marys Road, Bamber Bridge, Preston, Lancashire PR5 6TD2
£108K05/210.47 mi9, John Street, Bamber Bridge, Preston, Lancashire PR5 6TJ2
£108K05/210.47 mi9, John Street, Bamber Bridge, Preston, Lancashire PR5 6TJ2
£142K12/220.47 mi132, Station Road, Bamber Bridge, Preston, Lancashire PR5 6TN2
£108.5K03/210.48 mi51, Brownedge Lane, Bamber Bridge, Preston, Lancashire PR5 6TA2
£200K06/210.49 mi5, Withy Trees Close, Bamber Bridge, Preston, Lancashire PR5 6WT2
£112.5K05/210.53 mi9, Aspden Street, Bamber Bridge, Preston, Lancashire PR5 6TL2
£170K12/200.55 mi2, Convent Close, Bamber Bridge, Preston, Lancashire PR5 6US2
£146K06/210.56 mi14, Tudor Croft, Lostock Hall, Preston, Lancashire PR5 5BF2
£187.5K11/210.57 mi21, Brownedge Close, Walton Le Dale, Preston, Lancashire PR5 4UJ2
£155K05/210.57 mi2, St Benets Close, Walton Le Dale, Preston, Lancashire PR5 4UT2
£141K06/230.57 mi5, St Judes Avenue, Walton Le Dale, Preston, Lancashire PR5 4UH2
£175K02/230.57 mi22, St Judes Avenue, Walton Le Dale, Preston, Lancashire PR5 4UH2
£135K11/210.59 mi11, Lady Acre, Bamber Bridge, Preston, Lancashire PR5 6XN2
£118.5K12/220.6 mi19, Further Field, Bamber Bridge, Preston, Lancashire PR5 6XP2
£110K02/210.6 mi1, Dean Street, Bamber Bridge, Preston, Lancashire PR5 6GP2
£102.5K03/210.6 mi2, Dean Street, Bamber Bridge, Preston, Lancashire PR5 6GP2
£140K01/210.61 mi55, Longbrook Avenue, Bamber Bridge, Preston, Lancashire PR5 6XD2
£112.5K06/210.61 mi45, Longbrook Avenue, Bamber Bridge, Preston, Lancashire PR5 6XD2
£131.5K11/200.61 mi79, Longbrook Avenue, Bamber Bridge, Preston, Lancashire PR5 6XD2
£205K11/220.61 mi75, Withy Trees Avenue, Bamber Bridge, Preston, Lancashire PR5 6NU2
£145K11/210.62 mi18, Blenheim Close, Lostock Hall, Preston, Lancashire PR5 5YX2
£135K05/210.62 mi30, Blenheim Close, Lostock Hall, Preston, Lancashire PR5 5YX2
£145K07/210.66 mi115, Coniston Drive, Walton Le Dale, Preston, Lancashire PR5 4RQ2
£112.5K11/200.66 mi52, Longbrook Avenue, Bamber Bridge, Preston, Lancashire PR5 6XG2
£115K04/210.67 mi11, Malvern Close, Lostock Hall, Preston, Lancashire PR5 5YU2
£150K06/230.67 mi17, Malvern Close, Lostock Hall, Preston, Lancashire PR5 5YU2
£130K05/210.67 mi8, Malvern Close, Lostock Hall, Preston, Lancashire PR5 5YU2
£215K06/230.67 mi6, Breeze Mount, Lostock Hall, Preston, Lancashire PR5 5YR2
£214K01/230.67 mi2, Breeze Mount, Lostock Hall, Preston, Lancashire PR5 5YR2
£129.8K03/210.67 mi3, Townsway, Lostock Hall, Preston, Lancashire PR5 5YQ2
£166.5K04/230.67 mi48, Townsway, Lostock Hall, Preston, Lancashire PR5 5YQ2

Local Rents

11 rents from £625/mo to £895/mo, average is £775/mo.

RentDateDistanceAddressBeds 
£62506/240.03 miStation Road, PR52
£62506/240.09 miStation Road, Bamber Bridge, Preston PR52
£65012/240.14 mi-2
£72512/240.19 mi-2
£75006/240.42 miSt Marys Road, Bamber Bridge, Preston2
£80006/240.43 mi-2
£85002/240.45 mi-2
£80012/240.45 mi-2
£89512/240.45 mi-2
£77501/250.46 mi-2
£77506/240.48 mi-2

Local Area Statistics

Population in PR5

40,828

Population in Preston

286,036

Town centre distance

3.30 miles away

Nearest school

0.10 miles away

Nearest train station

0.22 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+1%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £110,000

February 21, 2025

Floor Plans

Description

  • Two Bedrooms +
  • Mid Terrace +
  • No Chain Delay +
  • First Time Buyers +
  • Rear Yard +
  • Close to Local Amenities & Transport Links +
  • Dining Kitchen +

Bridgfords Bamber Bridge are pleased to bring to the market this fantastic two bedroom mid terrace property located close to the centre of Bamber Bridge and on the door step to local shops, Bamber Bridge train station and motorway links for the M6 and M65.

The accommodation briefly comprises; lounge, spacious dining kitchen and utility area to the rear. To the first floor are two good sized bedrooms with bedroom one benefitting from a walk in storage / wardrobe area and a three piece bathroom suite.

Offered with no onward chain delay this property would a make a great first time purchase for someone looking to get on the property ladder and viewing is highly recommended.

Agent Details

Bridgfords, Bamber Bridge

01772 211266

Next Steps?

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