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3 Bed Terraced House, Refurb/BRRR, Preston, PR1 5XU, £100,000

7 Denville Road, Preston PR1 5XU - 2 views - 2 months ago

Refurb/BRRR
ROI: 7%
~90 m²
+4 photos

ValuationFair Value

Sold Prices£59K - £280K
Sold Prices/m²£728/m² - £2.4K/m²

 

 

Square Metres

~89.80 m²
Price/m²£1.1K/m²

Value Estimate

£102,000

 

 

End Value (After Refurb)

£110,064

Uplift in Value

+10%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£25,000

Stamp Duty & Legal Fees

£6,200

Refurb Costs

£38,079

Bridging Loan Interest

£2,625

Total Cash In

£73,654

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£110,064

Mortgage (After Refinance)

£82,548

Mortgage LTV

75%

Cash Released

£7,548

Cash Left In

£66,106

Equity

£27,516

Rent Range

£694 - £2,520

Rent Estimate

£1,005

Running Costs/mo

£565

Cashflow/mo

£440

Cashflow/yr

£5,281

ROI

7%

Gross Yield

12%

Local Sold Prices

50 sold prices from £59K to £280K, average is £103K. £728/m² to £2.4K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£110K04/230 mi5, Denville Road, Preston, Lancashire PR1 5XU3
£73K12/200.11 mi44, Skeffington Road, Preston, Lancashire PR1 5UQ3
£66K01/210.12 mi7, Tunbridge Place, Preston, Lancashire PR1 5YQ3
£62K12/200.12 mi20, Calverley Street, Preston, Lancashire PR1 5YN3
£80K04/210.14 mi2, Grimsargh Street, Preston, Lancashire PR1 5QR3
£68K01/210.17 mi29, Crompton Street, Preston, Lancashire PR1 5RT3
£95K08/210.18 mi21, Oxley Road, Preston, Lancashire PR1 5QH3
£75K02/210.18 mi5, Ansdell Street, Preston, Lancashire PR1 5ES3
£90K04/210.2 mi8, Raikes Road, Preston, Lancashire PR1 5EQ3
£59K06/230.2 mi13, Samuel Street, Preston, Lancashire PR1 4YD3
£88K04/210.21 mi62, Raikes Road, Preston, Lancashire PR1 5ER3
£92.5K07/230.23 mi34, Nimes Street, Preston, Lancashire PR1 4SH3
£140K08/210.23 mi77, Harling Road, Preston, Lancashire PR1 5YR3
£79K05/210.24 mi50, Dodgson Road, Preston, Lancashire PR1 5HL3
£110K05/230.24 mi52, Dodgson Road, Preston, Lancashire PR1 5HL3
£107.5K02/230.26 mi35, Chester Road, Preston, Lancashire PR1 5HR3
£80K05/230.29 mi21, Fishwick View, Preston, Lancashire PR1 4YA3
£89K12/200.3 mi2, Braddon Street, Preston, Lancashire PR1 4TP3
£93.5K06/230.31 mi23, Rydal Road, Preston, Lancashire PR1 5SL3
£77K02/230.32 mi6, Stefano Road, Preston, Lancashire PR1 5PL3
£93.5K08/210.32 mi160, Miller Road, Preston, Lancashire PR1 5QS3
£90K07/210.32 mi36, Lutwidge Avenue, Preston, Lancashire PR1 5HS3
£77K12/200.33 mi27, St Chads Road, Preston, Lancashire PR1 5HT3
£115K03/210.39 mi39, Basil Street, Preston, Lancashire PR1 6XS3
£135K02/230.39 mi6, Walton View, Preston, Lancashire PR1 4QU3
£98.5K05/230.43 mi54, Pinfold Street, Preston, Lancashire PR1 4RT3
£205K04/230.43 mi55, Blackpool Road, Ribbleton, Preston, Lancashire PR2 6BX3
£90K03/210.45 mi26, Rufus Street, Preston, Lancashire PR1 6XX3
£148K05/230.46 mi44, Blackpool Road, Ribbleton, Preston, Lancashire PR2 6NU3
£110K06/210.48 mi91, Ribbleton Avenue, Ribbleton, Preston, Lancashire PR2 6DA3
£137K04/230.48 mi36, Lincoln Street, Preston, Lancashire PR1 6RE3
£90K11/210.49 mi18, Illingworth Road, Preston, Lancashire PR1 4TU3
£85K04/230.52 mi22, Linnet Street, Preston, Lancashire PR1 6TL3
£130K01/230.52 mi19, Ringwood Road, Preston, Lancashire PR1 6XP3
£130K03/230.52 mi18, Hesketh Road, Ribbleton, Preston, Lancashire PR2 6NS3
£129K02/210.52 mi17, Hesketh Road, Ribbleton, Preston, Lancashire PR2 6NS3
£127.5K05/210.54 mi15, Bidston Street, Preston, Lancashire PR1 4RP3
£120K05/210.56 mi26, Deepdale Road, Preston, Lancashire PR1 5AQ3
£145K01/230.6 mi42, Belmont Avenue, Ribbleton, Preston, Lancashire PR2 6DH3
£162K04/230.61 mi1, Clifton Grove, Preston, Lancashire PR1 6YJ3
£144K11/210.62 mi226, Deepdale Road, Preston, Lancashire PR1 6QB3
£180.5K12/200.66 mi11, Primrose Road, Preston, Lancashire PR1 6HT3
£280K01/230.66 mi16, Woodlands Avenue, Ribbleton, Preston, Lancashire PR2 6DT3
£92K03/230.66 mi22, George Street, Preston, Lancashire PR1 4JP3
£114.5K03/210.67 mi28, Woodlands Avenue, Ribbleton, Preston, Lancashire PR2 6DT3
£95K12/200.67 mi53, Lark Hill Street, Preston, Lancashire PR1 4JJ3
£143K02/230.68 mi2, Nottingham Road, Preston, Lancashire PR1 6LE3
£130K08/210.69 mi209, St Georges Road, Preston, Lancashire PR1 6NR3
£174K08/210.69 mi298, St Georges Road, Preston, Lancashire PR1 6NR3
£140K02/230.7 mi49, Ronaldsway, Preston, Lancashire PR1 6EP3

Local Rents

33 rents from £694/mo to £2.5K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£2,38006/240.06 mi-3
£2,52004/250.06 mi-3
£70008/240.1 miSkeffington Road, Preston, PR13
£99801/250.1 mi-3
£95003/250.1 mi-3
£80010/240.12 mi-3
£85008/240.13 miAcregate Lane, Preston3
£69408/240.14 mi-3
£75002/240.18 mi-3
£75002/240.18 mi-3
£72508/240.2 mi-3
£1,30008/240.27 mi-3
£1,30008/240.27 mi-3
£1,15009/240.33 mi-3
£1,10004/250.44 mi-3
£80002/250.46 mi-3
£80009/240.47 mi-3
£80010/240.48 mi-3
£1,10012/240.48 mi-3
£1,10003/250.5 mi-3
£1,10002/250.5 mi-3
£1,10002/250.5 mi-3
£1,09501/250.5 mi-3
£85008/240.51 miCavendish Road, Preston, PR13
£80010/240.51 mi-3
£1,15008/240.55 miSt. Gregory Road, Preston3
£80004/250.55 mi-3
£80003/250.55 mi-3
£80008/240.59 miLowthorpe Road, Deepdale, PR13
£85012/240.6 mi-3
£85012/240.6 miMimosa Road, Ribbleton, Preston, PR23
£99506/240.62 miDeepdale Road, Preston, Lancashire, PR13
£69408/240.62 mi-3

Links

Local Area Statistics

Population in PR1

72,064

Population in Preston

286,036

Town centre distance

0.59 miles away

Nearest school

0.40 miles away

Nearest train station

1.40 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+3%

Sales demand

Seller's market

Capital growth (5yrs)

+17%

Property History

Listed for £100,000

March 4, 2025

Floor Plans

Description

  • Spacious three bedroom mid terraced home +
  • Requiring some modernisation +
  • Easy access for local amenities, schools and transport links +
  • Vestibule, lounge, dining room, kitchen +
  • Three bedrooms and bathroom +
  • No chain delay and viewing recommended +

PUBLIC NOTICE
ADDRESS; 7 Denville Road, Preston PR1 5XU
We are acting in the sale of the above property and have received an offer of £114,000.
Any interested parties must submit any higher offers in writing to the selling agent before an exchange of contracts takes place
EPC Rating: D

Spacious three bedroom mid terraced home boasting two reception rooms and large kitchen. No chain delay and viewing recommended. Situated within this convenient location for local amenities, schools and transport links. The accommodation requires some modernisation and briefly comprises; vestibule, lounge, dining room, kitchen, to the first floor, three bedrooms and bathroom. Double glazing, gas central heating system and yard to the rear.

Agent Details

Entwistle Green, Preston

01772 284722

Next Steps?

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

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