2 Bed Terraced House, Single Let, Preston, PR5 6LJ, £125,000

Smith Street, Bamber Bridge, Preston, Lancashire, PR5 6LJ - 2 months ago

BTL
ROI: 3%
~68 m²
+7 photos

ValuationOvervalued

Sold Prices£80K - £209.9K
Sold Prices/m²£976/m² - £3.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.8K/m²

Value Estimate

£108,406

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£31,250

Stamp Duty & Legal Fees

£4,950

Total Cash In

£36,200

 

 

Cash Out

 

Rent Range

£625 - £975

Rent Estimate

£644

Running Costs/mo

£539

Cashflow/mo

£105

Cashflow/yr

£1,255

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £80K to £209.9K, average is £120.8K. £976/m² to £3.5K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£116K07/230.01 mi8, Smith Street, Bamber Bridge, Preston, Lancashire PR5 6LJ2
£155K11/210.07 mi8, Cranbourne Street, Bamber Bridge, Preston, Lancashire PR5 6TU2
£170K04/210.09 mi4a, Princess Street, Bamber Bridge, Preston, Lancashire PR5 6LP2
£125K07/230.15 mi13, Cambridge Road, Bamber Bridge, Preston, Lancashire PR5 6LR2
£107K02/230.15 mi5, Oxford Road, Bamber Bridge, Preston, Lancashire PR5 6LQ2
£138.5K06/230.16 mi17, St Marys Road, Bamber Bridge, Preston, Lancashire PR5 6TD2
£142K12/220.17 mi132, Station Road, Bamber Bridge, Preston, Lancashire PR5 6TN2
£100K10/210.18 mi5, Mounsey Road, Bamber Bridge, Preston, Lancashire PR5 6LS2
£87K03/210.18 mi9, Mounsey Road, Bamber Bridge, Preston, Lancashire PR5 6LS2
£125K12/220.19 mi44, St Marys Road, Bamber Bridge, Preston, Lancashire PR5 6TE2
£115.5K06/230.19 mi40, St Marys Road, Bamber Bridge, Preston, Lancashire PR5 6TE2
£108K05/210.19 mi9, John Street, Bamber Bridge, Preston, Lancashire PR5 6TJ2
£108K05/210.19 mi9, John Street, Bamber Bridge, Preston, Lancashire PR5 6TJ2
£111.4K09/210.2 mi2, Brown Street, Bamber Bridge, Preston, Lancashire PR5 6NQ2
£165K09/210.2 mi23, Edward Street, Bamber Bridge, Preston, Lancashire PR5 6FB2
£154K02/210.2 mi29, Edward Street, Bamber Bridge, Preston, Lancashire PR5 6FB2
£85K12/220.21 mi10, Montgomery Street, Bamber Bridge, Preston, Lancashire PR5 6WP2
£200K06/210.21 mi5, Withy Trees Close, Bamber Bridge, Preston, Lancashire PR5 6WT2
£108.5K03/210.22 mi51, Brownedge Lane, Bamber Bridge, Preston, Lancashire PR5 6TA2
£110K02/230.23 mi285, Station Road, Bamber Bridge, Preston, Lancashire PR5 6ED2
£103K05/230.24 mi37, Meanygate, Bamber Bridge, Preston, Lancashire PR5 6UP2
£112.5K05/210.25 mi9, Aspden Street, Bamber Bridge, Preston, Lancashire PR5 6TL2
£110K02/210.32 mi1, Dean Street, Bamber Bridge, Preston, Lancashire PR5 6GP2
£102.5K03/210.32 mi2, Dean Street, Bamber Bridge, Preston, Lancashire PR5 6GP2
£132K12/220.34 mi45, Old Hall Drive, Bamber Bridge, Preston, Lancashire PR5 6EX2
£205K11/220.34 mi75, Withy Trees Avenue, Bamber Bridge, Preston, Lancashire PR5 6NU2
£137K06/230.34 mi47, Old Hall Drive, Bamber Bridge, Preston, Lancashire PR5 6EX2
£140K01/210.36 mi55, Longbrook Avenue, Bamber Bridge, Preston, Lancashire PR5 6XD2
£112.5K06/210.36 mi45, Longbrook Avenue, Bamber Bridge, Preston, Lancashire PR5 6XD2
£131.5K11/200.36 mi79, Longbrook Avenue, Bamber Bridge, Preston, Lancashire PR5 6XD2
£112K08/210.36 mi82, Collins Road, Bamber Bridge, Preston, Lancashire PR5 6GU2
£170K12/200.4 mi2, Convent Close, Bamber Bridge, Preston, Lancashire PR5 6US2
£112.5K11/200.4 mi52, Longbrook Avenue, Bamber Bridge, Preston, Lancashire PR5 6XG2
£115K12/210.42 mi14, Skipton Close, Bamber Bridge, Preston, Lancashire PR5 6HF2
£107.5K05/210.42 mi4, Skipton Close, Bamber Bridge, Preston, Lancashire PR5 6HF2
£155K05/210.43 mi2, St Benets Close, Walton Le Dale, Preston, Lancashire PR5 4UT2
£80K01/210.45 mi18, Station Road, Bamber Bridge, Preston, Lancashire PR5 6QL2
£135K11/210.47 mi11, Lady Acre, Bamber Bridge, Preston, Lancashire PR5 6XN2
£145K07/210.47 mi115, Coniston Drive, Walton Le Dale, Preston, Lancashire PR5 4RQ2
£109K05/210.47 mi18, St Aidans Park, Bamber Bridge, Preston, Lancashire PR5 6HG2
£118K07/210.47 mi8, St Aidans Park, Bamber Bridge, Preston, Lancashire PR5 6HG2
£118.5K12/220.5 mi19, Further Field, Bamber Bridge, Preston, Lancashire PR5 6XP2
£141K06/230.5 mi5, St Judes Avenue, Walton Le Dale, Preston, Lancashire PR5 4UH2
£175K02/230.5 mi22, St Judes Avenue, Walton Le Dale, Preston, Lancashire PR5 4UH2
£187.5K11/210.52 mi21, Brownedge Close, Walton Le Dale, Preston, Lancashire PR5 4UJ2
£186K12/200.53 mi53a, Duddle Lane, Walton Le Dale, Preston, Lancashire PR5 4UB2
£209.9K08/230.54 mi20, Renshaw Drive, Walton Le Dale, Preston, Lancashire PR5 4RA2
£200K05/230.58 mi40, Renshaw Drive, Walton Le Dale, Preston, Lancashire PR5 4RB2
£92.3K10/200.59 mi48, Brandiforth Street, Bamber Bridge, Preston, Lancashire PR5 6GA2
£123K01/230.59 mi25, Brandiforth Street, Bamber Bridge, Preston, Lancashire PR5 6QA2

Local Rents

16 rents from £625/mo to £975/mo, average is £785/mo.

RentDateDistanceAddressBeds 
£80006/240.15 mi-2
£75006/240.19 miSt Marys Road, Bamber Bridge, Preston2
£65012/240.2 mi-2
£72512/240.21 mi-2
£70001/250.31 mi-2
£62506/240.32 miStation Road, PR52
£77501/250.32 mi-2
£85002/240.33 mi-2
£85002/240.33 mi-2
£80012/240.33 mi-2
£89512/240.33 mi-2
£77506/240.37 mi-2
£62506/240.41 miStation Road, Bamber Bridge, Preston PR52
£79512/240.42 miSkipton Close, Bamber Bridge2
£97503/250.51 mi-2
£97504/250.51 mi-2

Local Area Statistics

Population in PR5

40,828

Population in Preston

286,036

Town centre distance

3.04 miles away

Nearest school

0.20 miles away

Nearest train station

0.11 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+1%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £125,000

February 25, 2025

Floor Plans

Description

  • Stylish lounge with a traditional fireplace and handy under-stair storage +
  • Bright, modern kitchen with space for appliances and access to the yard +
  • Generous double bedroom plus a smaller second bedroom - ideal as a nursery or home office +
  • White three-piece bathroom suite with a shower over the bath +
  • Low-maintenance back yard +
  • Just a 3 minute walk to Bamber Bridge station, with trains to Preston taking around 15 minutes +
  • Quick access to the M6, M61 and M65 +
  • Move-in ready and perfect for first-time buyers or a smart BTL investment +

Smart, Stylish And Ready For You To Move In - Your Perfect First Home In The Heart Of Bamber Bridge. This tastefully modernised mid-terrace is round the corner from the shops, minutes from the station and handy for the motorways.

Finding an affordable first home that’s stylish, move-in ready and in a convenient location isn’t always easy - but this mid-terrace in the heart of Bamber Bridge ticks all the boxes.

It’s been thoughtfully updated by the current owners, who bought it in 2021. Back then it was “neutrally decorated” and a little uninspiring.

But now they’ve applied tasteful modern design touches to make it feel much more contemporary - and much more like a home.

The ground floor has a traditional layout with the stylish lounge at the front and the kitchen at the rear.

The back door leads out from the kitchen to the small, low-maintenance yard.

Upstairs, there are two bedrooms and the family bathroom. There’s one generous double bedroom and a smaller single that will be ideal as a nursery or home office.

The bathroom has a white three-piece suite with a shower over the bath.

Outside, you’ll find on-street parking at the front - but with everything on your doorstep you may not even need a car.

If you commute, Bamber Bridge station is just a 3 minute walk away, with regular trains to Preston taking less than 15 minutes.

If you drive, the M6, M61 and M65 are all within easy reach.

With its move-in-ready condition and local shops, schools and supermarkets on your doorstep, it will never be easier to take your first step onto the property ladder.

Whether you’re looking for your first home or a BTL smart investment, this move-in ready mid-terrace is one you won’t want to miss.
Council tax band: A

Agent Details

Michael Bailey, Powered by Keller Williams, Preston

0117 298 0991

Next Steps?

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