2 Bed Flat, Single Let, Preston, PR5 6SU, £117,000

Firbank, Bamber Bridge, Preston, Lancashire, PR5 6SU - 2 months ago

Leasehold
BTL
ROI: 4%
~68 m²
+1 photos

ValuationUndervalued

Sold Prices£80K - £160.3K
Sold Prices/m²£1.3K/m² - £5.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.7K/m²

Value Estimate

£124,870
BMV7%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£29,250

Stamp Duty & Legal Fees

£7,050

Total Cash In

£36,300

 

 

Cash Out

 

Rent Range

£625 - £900

Rent Estimate

£647

Running Costs/mo

£515

Cashflow/mo

£132

Cashflow/yr

£1,584

ROI

4%

Gross Yield

7%

Local Sold Prices

35 sold prices from £80K to £160.3K, average is £108K. £1.3K/m² to £5.8K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£98K04/210.02 mi24, Firbank, Bamber Bridge, Preston, Lancashire PR5 6SU2
£115K12/220.02 mi29, Firbank, Bamber Bridge, Preston, Lancashire PR5 6SU2
£107K01/230.02 mi60, Firbank, Bamber Bridge, Preston, Lancashire PR5 6SU2
£105K04/220.02 mi32, Firbank, Bamber Bridge, Preston, Lancashire PR5 6SU2
£120K04/230.02 mi2, Firbank, Bamber Bridge, Preston, Lancashire PR5 6SU2
£106K07/230.02 mi47, Firbank, Bamber Bridge, Preston, Lancashire PR5 6SU2
£90K08/220.02 mi37, Firbank, Bamber Bridge, Preston, Lancashire PR5 6SU2
£110K07/220.02 mi33, Firbank, Bamber Bridge, Preston, Lancashire PR5 6SU2
£107K07/220.09 mi5, Baxendale Grove, Bamber Bridge, Preston, Lancashire PR5 6SZ2
£120K10/220.09 mi6, Baxendale Grove, Bamber Bridge, Preston, Lancashire PR5 6SZ2
£100K02/210.09 mi8, Baxendale Grove, Bamber Bridge, Preston, Lancashire PR5 6SZ2
£122.5K08/220.09 mi11, Baxendale Grove, Bamber Bridge, Preston, Lancashire PR5 6SZ2
£105K06/230.09 mi4, Baxendale Grove, Bamber Bridge, Preston, Lancashire PR5 6SZ2
£120K10/200.17 mi10, Dean Court, Bamber Bridge, Preston, Lancashire PR5 6TF2
£135K03/210.43 mi17, Townsway, Lostock Hall, Preston, Lancashire PR5 5YQ2
£100K08/210.43 mi1, Grove Street, Bamber Bridge, Preston, Lancashire PR5 6LN2
£100K08/210.43 mi1, Grove Street, Bamber Bridge, Preston, Lancashire PR5 6LN2
£83K06/220.45 mi27, Duke Street, Bamber Bridge, Preston, Lancashire PR5 6ET2
£160.3K10/210.55 mi3, Bridge End, Lostock Hall, Preston, Lancashire PR5 5YH2
£80K11/220.82 mi4, St James Court, Lostock Hall, Preston, Lancashire PR5 5QY2
£105K07/210.83 mi36, Dorchester Avenue, Walton Le Dale, Preston, Lancashire PR5 4PE2
£116K09/230.83 mi39, Dorchester Avenue, Walton Le Dale, Preston, Lancashire PR5 4PE2
£126K11/200.83 mi16, Dorchester Avenue, Walton Le Dale, Preston, Lancashire PR5 4PE2
£108K05/220.85 mi188, Holland House Road, Walton Le Dale, Preston, Lancashire PR5 4HY2
£100K09/210.85 mi198, Holland House Road, Walton Le Dale, Preston, Lancashire PR5 4HY2
£110K04/210.85 mi206, Holland House Road, Walton Le Dale, Preston, Lancashire PR5 4HY2
£128K05/230.85 mi86, Holland House Road, Walton Le Dale, Preston, Lancashire PR5 4JG2
£131K05/230.85 mi86a, Holland House Road, Walton Le Dale, Preston, Lancashire PR5 4JG2
£152K07/230.88 mi18, Abbotts Close, Walton Le Dale, Preston, Lancashire PR5 4NU2
£116K09/220.88 mi22, Abbotts Close, Walton Le Dale, Preston, Lancashire PR5 4NU2
£150K09/220.88 mi14, Abbotts Close, Walton Le Dale, Preston, Lancashire PR5 4NU2
£115K05/230.88 mi52, Fareham Close, Walton Le Dale, Preston, Lancashire PR5 4JX2
£102K07/220.89 mi182, Holland House Road, Walton Le Dale, Preston, Lancashire PR5 4HY2
£108K03/220.89 mi184, Holland House Road, Walton Le Dale, Preston, Lancashire PR5 4HY2
£104K06/210.9 mi7, Halliwell Heights, Walton Le Dale, Preston, Lancashire PR5 4NT2

Local Rents

16 rents from £625/mo to £900/mo, average is £785/mo.

RentDateDistanceAddressBeds 
£77506/240.05 mi-2
£85002/240.07 mi-2
£80012/240.07 mi-2
£89512/240.07 mi-2
£77501/250.09 mi-2
£75006/240.24 miSt Marys Road, Bamber Bridge, Preston2
£80006/240.31 mi-2
£85002/240.4 mi-2
£65012/240.45 mi-2
£90012/240.46 miDuddle Lane, Walton-Le-Dale, Preston, PR52
£62506/240.49 miStation Road, PR52
£72512/240.51 mi-2
£79512/240.54 miSkipton Close, Bamber Bridge2
£62506/240.55 miStation Road, Bamber Bridge, Preston PR52
£70001/250.55 mi-2
£85006/240.55 miBridge End, PR52

Local Area Statistics

Population in PR5

40,828

Population in Preston

286,036

Town centre distance

2.86 miles away

Nearest school

0.20 miles away

Nearest train station

0.38 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+1%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £117,000

February 28, 2025

Description

This superb apartment now only offers space but offers the ideal location. Situated in the heart of Bamber Bridge, with easy access to motorway links, amenities and walking routes. Inside the property benefits from good sized rooms throughout with an ensuite to the master bedroom. The lounge/dining does allow for a dining table, being the perfect place to entertain. Outside are beautiful green areas surrounding with allocated parking for one car. CALL TODAY TO BOOK YOUR VIEWING. Tenure Leasehold, EPC Grade C, Council Tax Band B.

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.

BBR250062/2

Agent Details

Reeds Rains, Bamber Bridge

01772 288285

Next Steps?

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