4 Bed Detached House, Refurb/BRRR, Preston, PR5 5LW, £260,000

Turner Avenue, Lostock Hall, Preston, Lancashire, PR5 5LW - 1 views - 22 days ago

Sold STC
Refurb/BRRR
~145 m²
+13 photos

ValuationUndervalued

Sold Prices£177K - £715K
Sold Prices/m²£1.6K/m² - £3.5K/m²

 

 

Square Metres

~145.30 m²
Price/m²£1.8K/m²

Value Estimate

£267,800
BMV3%

 

 

End Value (After Refurb)

£298,562

Uplift in Value

+15%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£65,000

Stamp Duty & Legal Fees

£14,700

Refurb Costs

£61,602

Bridging Loan Interest

£6,825

Total Cash In

£149,877

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£298,562

Mortgage (After Refinance)

£223,921

Mortgage LTV

75%

Cash Released

£28,921

Cash Left In

£120,955

Equity

£74,640

Rent Range

£695 - £2,300

Rent Estimate

£1,158

Running Costs/mo

£1,185

Cashflow/mo

£-27

Cashflow/yr

£-319

Gross Yield

5%

Local Sold Prices

33 sold prices from £177K to £715K, average is £279.9K. £1.6K/m² to £3.5K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£228.5K11/200.06 mi16, Brackenbury Close, Lostock Hall, Preston, Lancashire PR5 5NB4
£235K06/210.06 mi3, Brackenbury Close, Lostock Hall, Preston, Lancashire PR5 5NB4
£375K08/230.13 mi12, Yewtree Grove, Lostock Hall, Preston, Lancashire PR5 5NP4
£222K01/210.15 mi17, Morland Avenue, Lostock Hall, Preston, Lancashire PR5 5LU4
£232.9K11/200.2 mi4, Gainsborough Avenue, Lostock Hall, Preston, Lancashire PR5 5JG4
£336.5K12/220.34 mi2, North Union View, Lostock Hall, Preston, Lancashire PR5 5RF4
£253K04/210.35 mi20, North Union View, Lostock Hall, Preston, Lancashire PR5 5RF4
£310K07/230.35 mi22, North Union View, Lostock Hall, Preston, Lancashire PR5 5RF4
£245K03/210.39 miSwiss Cottage, Coote Lane, Lostock Hall, Preston, Lancashire PR5 5JE4
£385K12/200.52 mi3, Fidler Lane, Farington Moss, Leyland, Lancashire PR26 6RB4
£251.5K07/210.56 mi8, Highgale Gardens, Lostock Hall, Preston, Lancashire PR5 5YT4
£230K07/230.6 mi425, Leyland Road, Lostock Hall, Preston, Lancashire PR5 5SB4
£227.5K12/200.63 mi52, Todd Lane South, Lostock Hall, Preston, Lancashire PR5 5XE4
£177K08/210.64 mi20, Rosemeade Avenue, Lostock Hall, Preston, Lancashire PR5 5XN4
£715K08/230.65 miLodge House, Lodge Lane, Farington Moss, Leyland, Lancashire PR26 6RA4
£600K12/220.66 mi270, Croston Road, Farington Moss, Leyland, Lancashire PR26 6PN4
£207.6K09/210.77 mi37, Ampleforth Drive, Lostock Hall, Preston, Lancashire PR5 5TD4
£230K05/210.78 mi190, Brownedge Road, Lostock Hall, Preston, Lancashire PR5 5AJ4
£229.9K08/210.79 mi28, Bridge Way, Lostock Hall, Preston, Lancashire PR5 5YJ4
£282K06/210.79 mi15, Bridge Way, Lostock Hall, Preston, Lancashire PR5 5YJ4
£179.9K11/200.79 mi304a, Leyland Road, Penwortham, Preston, Lancashire PR1 9SU4
£356K06/210.81 mi2, Charnock Gardens, Penwortham, Preston, Lancashire PR1 9PG4
£340K11/220.84 mi2, Eavesham Close, Penwortham, Preston, Lancashire PR1 9SF4
£518K06/210.87 mi46, Todd Lane North, Lostock Hall, Preston, Lancashire PR5 5US4
£279.9K01/210.88 mi6, Eavesham Close, Penwortham, Preston, Lancashire PR1 9SF4
£420K03/230.88 mi41, Cromwell Way, Penwortham, Preston, Lancashire PR1 9SB4
£339K02/210.88 mi7, Cromwell Way, Penwortham, Preston, Lancashire PR1 9SB4
£337.5K03/210.88 mi40, Cromwell Way, Penwortham, Preston, Lancashire PR1 9SB4
£341K12/220.9 mi14, Belle Field Close, Penwortham, Preston, Lancashire PR1 9SD4
£283K04/210.9 mi4, Claytongate Drive, Penwortham, Preston, Lancashire PR1 9SE4
£310K09/220.9 mi3, Belle Field Close, Penwortham, Preston, Lancashire PR1 9SD4
£260K09/210.91 mi22, Medway Close, Lostock Hall, Preston, Lancashire PR5 5AF4
£230K05/210.91 mi30, Bispham Avenue, Farington Moss, Leyland, Lancashire PR26 6QE4

Local Rents

19 rents from £695/mo to £2.3K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,20012/240.14 miMorland Avenue, Lostock Hall, Preston3
£1,20009/240.16 mi-3
£79502/240.27 mi-3
£75006/240.31 mi-3
£69502/240.38 mi-3
£1,10002/250.39 mi-3
£77512/240.45 miWatkin Lane, Lostock Hall, Preston3
£1,00008/240.79 miLeyland Road, Penwortham3
£1,35010/230.9 miCromwell Way, Penwortham, Preston PR14
£99512/240.95 miCenturion Way, Leyland, Lancashire, PR253
£95008/241.02 miGreaves Meadow, Penwortham, Preston3
£1,45012/241.03 miRiverside Close, Farington Moss4
£1,20007/241.04 miRookery Drive, Penwortham, Preston3
£1,50012/241.07 miTodd Lane North, Lostock Hall3
£1,25006/241.09 miElmtree Avenue, Penwortham, Preston3
£2,30006/241.13 miAshdale Crescent, Penwortham5
£99507/241.21 miGiller Close, Penwortham, Preston, Lancashire, PR13
£1,20006/241.21 miLilac Avenue, Penwortham, Preston, Lancashire, PR1 9PB4
£1,30006/241.21 miSimmons Avenue, Preston4

Local Area Statistics

Population in PR5

40,828

Population in Preston

286,036

Town centre distance

3.37 miles away

Nearest school

0.20 miles away

Nearest train station

0.42 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+1%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £260,000

March 12, 2025

Floor Plans

Description

  • Four Bedroom Detached House +
  • Two Receptions and a Study +
  • Bathroom, Ensuite and WC +
  • Converted garage and Drive +
  • Sold With No Chain +

Situated in the heart of Lostock Hall, this four-bedroom detached home is packed with potential and is perfect for those looking to add their own personal touch. With no onward chain, you can move quickly to make this house your own!

Inside, the property offers a versatile layout ideal for family life, featuring two reception rooms, a separate study, and a downstairs WC. Upstairs, there are four well-sized bedrooms, a family bathroom, and an ensuite to the master bedroom.

Externally, the home benefits from a private driveway, front and rear gardens, and a converted double garage—now offering a single garage and two additional storage rooms, providing plenty of space for storage or further development.

While the property requires modernisation, it offers an exciting opportunity to create a stylish and contemporary home in a fantastic location. Close to excellent schools, motorway links, and local amenities, this is an ideal choice for families or anyone eager to put their own stamp on a home.

EPC - Grade C
Council Tax Band - D
Tenure - Freehold

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.

BBR240283/2

Agent Details

Reeds Rains, Bamber Bridge

01772 288285

Next Steps?

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