3 Bed Terraced House, Single Let, Preston, PR2 6TX, £160,000

Watling Street Road, Preston, PR2 6TX - a month ago

BTL
ROI: 3%
~93 m²
+12 photos

ValuationUndervalued

Sold Prices£80K - £262K
Sold Prices/m²£304/m² - £3.1K/m²

 

 

Square Metres

~93 m²
Price/m²£1.7K/m²

Value Estimate

£166,349
BMV4%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£9,200

Total Cash In

£49,200

 

 

Cash Out

 

Rent Range

£750 - £1,200

Rent Estimate

£781

Running Costs/mo

£676

Cashflow/mo

£105

Cashflow/yr

£1,258

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £80K to £262K, average is £147K. £304/m² to £3.1K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£121K03/210.02 mi515, Watling Street Road, Ribbleton, Preston, Lancashire PR2 6TX3
£107.5K01/230.04 mi20, Marsett Place, Ribbleton, Preston, Lancashire PR2 6ST3
£115K12/210.05 mi61, Gisburn Road, Ribbleton, Preston, Lancashire PR2 6SS3
£80K05/210.05 mi33, Gisburn Road, Ribbleton, Preston, Lancashire PR2 6SS3
£120K04/230.05 mi57, Gisburn Road, Ribbleton, Preston, Lancashire PR2 6SS3
£94K03/210.08 mi9, Ambleside Road, Ribbleton, Preston, Lancashire PR2 6QU3
£160K03/210.14 miStation House, Gamull Lane, Ribbleton, Preston, Lancashire PR2 6SJ3
£115K07/230.17 mi75, Garsdale Road, Ribbleton, Preston, Lancashire PR2 6TA3
£90K03/210.21 mi9, Sion Close, Ribbleton, Preston, Lancashire PR2 6RP3
£155K02/230.21 mi11, Sion Close, Ribbleton, Preston, Lancashire PR2 6RP3
£132K08/210.21 mi40, Sion Close, Ribbleton, Preston, Lancashire PR2 6RP3
£87K12/200.22 mi12, Heathfield Drive, Ribbleton, Preston, Lancashire PR2 6SX3
£115K02/230.22 mi48, Heathfield Drive, Ribbleton, Preston, Lancashire PR2 6SX3
£135K05/210.24 mi6, Halstead Road, Ribbleton, Preston, Lancashire PR2 6XA3
£125K08/230.25 mi14, Sulby Drive, Ribbleton, Preston, Lancashire PR2 6RR3
£168.5K03/230.29 mi16, Franklands Drive, Ribbleton, Preston, Lancashire PR2 6RX3
£121K10/210.31 mi366, Watling Street Road, Ribbleton, Preston, Lancashire PR2 6UA3
£230K03/230.32 mi26, Haighton Drive, Fulwood, Preston, Lancashire PR2 9LU3
£125K02/210.34 mi21, Fir Trees Avenue, Ribbleton, Preston, Lancashire PR2 6PP3
£185K01/210.34 mi4, Springsands Close, Fulwood, Preston, Lancashire PR2 9AN3
£120K02/230.34 mi38, Dawnay Road, Ribbleton, Preston, Lancashire PR2 6BD3
£148K02/230.34 mi439, Watling Street Road, Ribbleton, Preston, Lancashire PR2 6TY3
£183K03/210.34 mi56, Leesands Close, Fulwood, Preston, Lancashire PR2 9AJ3
£155K04/210.35 mi81, Longridge Road, Ribbleton, Preston, Lancashire PR2 6RH3
£161.5K06/210.38 mi37, Westfield Drive, Ribbleton, Preston, Lancashire PR2 6TH3
£133K12/200.38 mi35, Lambert Road, Ribbleton, Preston, Lancashire PR2 6YP3
£146K01/230.39 mi41, Wyresdale Crescent, Ribbleton, Preston, Lancashire PR2 6UN3
£185K07/230.39 mi9, Wyresdale Crescent, Ribbleton, Preston, Lancashire PR2 6UN3
£144K12/200.39 mi57, Wyresdale Crescent, Ribbleton, Preston, Lancashire PR2 6UN3
£132K05/210.39 mi49, Wyresdale Crescent, Ribbleton, Preston, Lancashire PR2 6UN3
£168K06/230.4 mi7, Neapsands Close, Fulwood, Preston, Lancashire PR2 9AQ3
£235K06/230.41 mi22, Whinsands Close, Fulwood, Preston, Lancashire PR2 9AP3
£122K12/200.43 mi8, Newby Place, Ribbleton, Preston, Lancashire PR2 6UP3
£87.5K11/200.46 mi51, Rowan Avenue, Ribbleton, Preston, Lancashire PR2 6QE3
£217K10/210.46 mi62, Teil Green, Fulwood, Preston, Lancashire PR2 9PD3
£110K03/230.47 mi11, Maple Grove, Ribbleton, Preston, Lancashire PR2 6QH3
£140K03/210.48 mi1, Cavendish Crescent, Ribbleton, Preston, Lancashire PR2 6NB3
£262K05/230.5 mi23, Teil Green, Fulwood, Preston, Lancashire PR2 9PA3
£146K01/210.51 mi2, Ashdown Mews, Fulwood, Preston, Lancashire PR2 9LE3
£180K09/210.51 mi88, Teil Green, Fulwood, Preston, Lancashire PR2 9PE3
£182K01/210.52 mi85, Cromwell Road, Ribbleton, Preston, Lancashire PR2 6YE3
£200K12/200.53 mi53, Squires Wood, Fulwood, Preston, Lancashire PR2 9QA3
£224K01/230.53 mi61, Squires Wood, Fulwood, Preston, Lancashire PR2 9QA3
£154K08/210.53 mi51, Squires Wood, Fulwood, Preston, Lancashire PR2 9QA3
£170K12/210.53 mi10, Squires Wood, Fulwood, Preston, Lancashire PR2 9QA3
£186K05/210.53 mi4, Squires Wood, Fulwood, Preston, Lancashire PR2 9QA3
£206K11/200.54 mi1, Wookey Close, Fulwood, Preston, Lancashire PR2 9HE3
£156.5K04/210.55 mi7, Woodside Avenue, Ribbleton, Preston, Lancashire PR2 6QQ3
£213K05/230.55 mi22, Woodside Avenue, Ribbleton, Preston, Lancashire PR2 6QQ3
£195K12/200.56 mi15, Cheddar Drive, Fulwood, Preston, Lancashire PR2 9HA3

Local Rents

16 rents from £750/mo to £1.2K/mo, average is £875/mo.

RentDateDistanceAddressBeds 
£85004/250.1 mi-3
£85004/250.11 mi-3
£75007/240.17 miEllerbeck Avenue, Preston, PR23
£80012/240.2 mi-3
£75006/240.3 mi-3
£90006/240.3 mi-3
£80007/240.34 miLongridge Road, Ribbleton, Preston3
£85003/250.37 mi-3
£1,00004/250.38 mi-3
£90006/240.38 miRedsands Drive, Ashton-On-Ribble, Preston3
£92512/240.42 mi-3
£90003/250.44 mi-3
£85007/240.44 mi-3
£1,04903/250.46 mi-3
£1,20012/240.52 mi-3
£95006/240.55 miWoodside Avenue,Ribbleton,Preston,PR23

Local Area Statistics

Population in PR2

77,713

Population in Preston

286,036

Town centre distance

1.50 miles away

Nearest school

0.10 miles away

Nearest train station

2.61 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-7%

Sales demand

Seller's market

Capital growth (5yrs)

+25%

Property History

Listed for £160,000

March 13, 2025

Floor Plans

Description

  • Brand New Kitchen with Gas Hob +
  • Newly Replaced Roof (within last few months) +
  • Enclosed Garden to Rear +
  • Through Lounge +
  • Patio Doors to Rear Garden +
  • Generously Sized Bedrooms +
  • Modern Gas Fire & Fireplace to Lounge +
  • Open Plan Kitchen/Diner +
  • New Carpets and Flooring Throughout +

This very well appointed 3-bedroom mid-terraced house is a true gem and presents an exceptional opportunity for families and first-time buyers alike.

Boasting a range of recent upgrades and modern features, this property offers a comfortable and contemporary living space.

The newly installed kitchen exudes modern design and functionality. The brand-new kitchen features a gas hob for convenient cooking, making meal preparation a breeze.

The open-plan kitchen/diner layout creates a seamless flow between the spaces, perfect for entertaining guests or enjoying family meals together.

The through lounge is a spacious and inviting area that benefits from plenty of natural light streaming through the patio doors leading to the enclosed garden at the rear. A modern gas fire and fireplace add warmth and character to the lounge, creating a cosy atmosphere for relaxing evenings indoors.

The generously sized bedrooms are well-proportioned and offer ample space for furnishing and personalisation. The modern family bathroom is perfect for families.

New carpets and flooring throughout the property provide a fresh and clean canvas for the new owners to make their mark and add their own personal touches.

One of the standout features of this property is the newly replaced roof, completed within the last few months, ensuring peace of mind for the new owners in terms of maintenance and longevity.

The enclosed garden to the rear offers a private outdoor space that can be customised to suit various needs, whether it be a tranquil retreat for relaxation or a play area for children. The front garden area could be developed into off-street parking space for 2 vehicles.

In summary, this property presents a fantastic opportunity to acquire a modern and well-maintained family home in a desirable location. With its brand-new kitchen, spacious living areas, and recent upgrades, this mid-terraced house is ready for its next chapter.

Don't miss out on the chance to make this house your home. Contact us today to arrange a viewing and experience the charm and comfort this property has to offer.

EPC Rating: C

Agent Details

Clarkson Holden, Preston

01772 419889

Next Steps?

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