2 Bed Flat, Single Let, Preston, PR1 1AW, £190,000

Percy Street, , Preston , PR1 1AW - 14 days ago

Leasehold
Auction
BTL
ROI: 2%
~68 m²
+5 photos

ValuationOvervalued

Sold Prices£44.5K - £175K
Sold Prices/m²£1.1K/m² - £3.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.8K/m²

Value Estimate

£123,614

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£47,500

Stamp Duty & Legal Fees

£12,000

Total Cash In

£59,500

 

 

Cash Out

 

Rent Range

£675 - £1,595

Rent Estimate

£904

Running Costs/mo

£795

Cashflow/mo

£109

Cashflow/yr

£1,313

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £44.5K to £175K, average is £91K. £1.1K/m² to £3.3K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£81K12/220.15 mi13, Grimshaw Place, Preston, Lancashire PR1 3BW2
£82K05/230.15 mi16, Grimshaw Place, Preston, Lancashire PR1 3BW2
£72.8K02/230.15 mi41, Grimshaw Place, Preston, Lancashire PR1 3BW2
£66K03/210.15 mi10, Grimshaw Place, Preston, Lancashire PR1 3BW2
£50K07/230.3 miFlat 240, Sandown Court, Avenham Lane, Preston, Lancashire PR1 3UQ2
£51K10/210.3 miFlat 214, Sandown Court, Avenham Lane, Preston, Lancashire PR1 3UQ2
£79.5K04/210.3 mi119a, Walker Street, Preston, Lancashire PR1 2RR2
£67K12/220.45 miApartment 59, Centenary Mill Court, New Hall Lane, Preston, Lancashire PR1 5JQ2
£44.5K10/200.45 miApartment 58, Centenary Mill Court, New Hall Lane, Preston, Lancashire PR1 5JQ2
£60K04/210.45 miApartment 59, Centenary Mill Court, New Hall Lane, Preston, Lancashire PR1 5JQ2
£60K04/210.49 miApartment 59, Centenary Mill Court, New Hall Lane, Preston, Lancashire PR1 5JQ2
£65K04/210.64 mi71, Wilbraham Street, Preston, Lancashire PR1 5NN2
£80K09/210.67 mi36a, Charnock Street, Preston, Lancashire PR1 6DR2
£105K01/230.82 miApartment 22, Old School Square, Burleigh Road, Preston, Lancashire PR1 8PW2
£85K12/220.9 mi12, South Meadow Lane, Preston, Lancashire PR1 8JN2
£97K01/230.93 mi2, Abbey Street, Ashton On Ribble, Preston, Lancashire PR2 2QD2
£78K03/230.97 mi118, Elliott Street, Preston, Lancashire PR1 7XN2
£130K06/230.97 mi11, Edward Street, Walton Le Dale, Preston, Lancashire PR5 4BY2
£80K06/211.06 mi5, Seymour Court, Preston, Lancashire PR1 7PT2
£83K10/211.29 mi51, Royal Drive, Fulwood, Preston, Lancashire PR2 3AF2
£86K03/231.29 mi70, Royal Drive, Fulwood, Preston, Lancashire PR2 3AF2
£90K11/221.29 mi49, Royal Drive, Fulwood, Preston, Lancashire PR2 3AF2
£90K05/231.29 mi45, Royal Drive, Fulwood, Preston, Lancashire PR2 3AF2
£92K05/211.38 mi7, The Fieldings, Fulwood, Preston, Lancashire PR2 3BB2
£52.5K04/211.4 miFlat 21, Guardian Close, Poole Road, Fulwood, Preston, Lancashire PR2 8EX2
£59.4K10/201.4 miFlat 14, Guardian Close, Poole Road, Fulwood, Preston, Lancashire PR2 8EX2
£61.5K12/221.4 miFlat 6, Guardian Close, Poole Road, Fulwood, Preston, Lancashire PR2 8EX2
£75K11/201.43 mi25, Derby Road, Fulwood, Preston, Lancashire PR2 8JJ2
£160K01/211.47 mi3, Trafalgar Close, Ashton On Ribble, Preston, Lancashire PR2 2HG2
£110K11/221.48 miFlat 7, Garden Court, Tulketh Avenue, Ashton On Ribble, Preston, Lancashire PR2 1DG2
£112.5K07/231.48 miFlat 5, Garden Court, Tulketh Avenue, Ashton On Ribble, Preston, Lancashire PR2 1DG2
£100K10/201.54 mi94a, Britannia Drive, Ashton On Ribble, Preston, Lancashire PR2 2YD2
£140K12/221.54 mi54, Britannia Drive, Ashton On Ribble, Preston, Lancashire PR2 2YD2
£130K11/221.61 mi13, Mountbatten Close, Ashton On Ribble, Preston, Lancashire PR2 2YJ2
£105K09/231.61 mi49, Mountbatten Close, Ashton On Ribble, Preston, Lancashire PR2 2YJ2
£118K04/231.61 mi4, Mountbatten Close, Ashton On Ribble, Preston, Lancashire PR2 2YJ2
£145K11/211.62 mi138, Mountbatten Close, Ashton On Ribble, Preston, Lancashire PR2 2XE2
£125K01/231.62 mi184, Mountbatten Close, Ashton On Ribble, Preston, Lancashire PR2 2XF2
£142.5K06/231.62 mi44, Mountbatten Close, Ashton On Ribble, Preston, Lancashire PR2 2XB2
£163K02/231.62 mi42, Mountbatten Close, Ashton On Ribble, Preston, Lancashire PR2 2XB2
£123K12/221.62 mi30, Mountbatten Close, Ashton On Ribble, Preston, Lancashire PR2 2XB2
£151.5K01/231.62 mi56, Mountbatten Close, Ashton On Ribble, Preston, Lancashire PR2 2XB2
£74K02/211.69 mi18, Tinniswood, Ashton On Ribble, Preston, Lancashire PR2 1EL2
£170K02/231.72 miFlat 88, Victoria Mansions, Navigation Way, Ashton On Ribble, Preston, Lancashire PR2 2YZ2
£105K07/211.74 mi36, Dorchester Avenue, Walton Le Dale, Preston, Lancashire PR5 4PE2
£116K09/231.74 mi39, Dorchester Avenue, Walton Le Dale, Preston, Lancashire PR5 4PE2
£126K11/201.74 mi16, Dorchester Avenue, Walton Le Dale, Preston, Lancashire PR5 4PE2
£175K10/211.79 miFlat 5, Victoria Mansions, Navigation Way, Ashton On Ribble, Preston, Lancashire PR2 2YX2
£145K10/221.79 miFlat 11, Victoria Mansions, Navigation Way, Ashton On Ribble, Preston, Lancashire PR2 2YX2
£128K12/201.8 miFlat 6, Wembley Court, Wembley Avenue, Penwortham, Preston, Lancashire PR1 9UW2

Local Rents

50 rents from £675/mo to £1.6K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£87506/240.05 miThe Exchange, Pole Street, PR12
£1,00006/240.05 mi-2
£1,00006/240.05 mi-2
£1,10006/240.05 mi-2
£1,10006/240.05 mi-2
£1,00006/240.05 mi-2
£1,00006/240.05 mi-2
£1,25006/240.05 miThe Exchange, Preston City Centre2
£1,00006/240.05 miThe Exchange, Preston City Centre2
£69507/240.06 miCity Court Preston PR1 1DY2
£90007/240.08 mi-2
£1,00006/240.09 mi-2
£1,15006/240.11 miThe Exchange, Percy Street, Preston2
£1,20006/240.11 miThe Exchange, Percy Street, Preston2
£1,25506/240.11 miThe Exchange, Percy Street, Preston2
£1,35006/240.11 miThe Exchange, Percy Street, Preston2
£1,17506/240.11 miThe Exchange, Percy Street, Preston2
£1,35006/240.11 miThe Exchange, Percy Street, Preston2
£1,10007/240.11 miThe Exchange, Percy Street, Preston2
£1,20006/240.11 miThe Exchange, Percy Street, Preston2
£1,50006/240.11 miThe Exchange, Percy Street , Preston2
£1,00006/240.11 miThe Exchange, Percy Street, Preston2
£1,10007/240.11 miThe Exchange, Percy Street , Preston2
£1,14506/240.11 miThe Exchange, Percy Street, Preston2
£1,25006/240.11 miThe Exchange, Percy Street, Preston2
£1,14506/240.11 miThe Exchange, Percy Street, Preston2
£1,00006/240.11 miThe Exchange, Percy Street, Preston2
£1,15007/240.11 miThe Exchange, Percy Street, Preston2
£1,15007/240.11 miThe Exchange, Percy Street, Preston2
£1,15007/240.11 miThe Exchange , Percy Street, Preston2
£1,25007/240.11 miThe Exchange, Percy Street, Preston2
£1,12007/240.11 miThe Exchange, Percy Street, Preston2
£1,28007/240.11 miThe Exchange, Percy Street, Preston2
£1,22507/240.11 miThe Exchange, Percy Street, Preston 2
£1,24507/240.11 miThe Exchange, Percy Street, Preston2
£1,10007/240.11 miThe Exchange, Percy Street , Preston2
£1,10007/240.11 miThe Exchange, Percy Street , Preston2
£1,27007/240.11 miThe Exchange, Percy Street, Preston2
£1,27008/240.11 miThe Exchange, Percy Street, Preston2
£1,10008/240.11 miThe Exchange, Percy Street , Preston2
£1,27006/240.11 miThe Exchange, Percy Street, Preston2
£1,00011/240.13 mi-2
£93003/250.13 mi-2
£72507/240.14 miManchester Road, Preston2
£67506/240.15 miAbram House, Manchester Road, Preston, Lancashire, PR12
£85011/240.15 mi-2
£1,59507/240.15 miOrmskirk Rd, Preston , 2
£1,15008/240.16 miBishopgate, Preston, Lancashire, PR12
£97106/240.17 miCunliffe Court, Cunliffe Street, Preston2
£86706/240.17 miCunliffe Court, Cunliffe Street, Preston2

Local Area Statistics

Population in PR1

72,064

Population in Preston

286,036

Town centre distance

0.58 miles away

Nearest school

0.20 miles away

Nearest train station

0.61 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+3%

Sales demand

Seller's market

Capital growth (5yrs)

+17%

Property History

Listed for £190,000

March 24, 2025

Description

  • Being Sold via Secure Sale online bidding. Terms and Conditions apply. +
  • Apartment +
  • Two Bedroom's +
  • One Reception Room +
  • Two Bathroom's +

We are pleased to welcome this newly constructed corner 2 bedroom apartment, with floor to ceiling windows located on the third floor.

The apartment briefly comprises; hallway, lounge, kitchen with integrated appliances, two bedroom's and two bathroom's. The property comes with a washer/dryer.

This property is being sold vacant possession. The property also has high speed optic fibre internet connection, a concierge service and on-site gym

The apartment building is located in Preston with shops, bars and transports links.

Council Tax Band: B
Tenure: Leasehold
Length Of Lease: 248
Ground Rent Review Period: Peppercorn Rent
Annual Service Charge Amount: £1,192.00

Agent Details

Pattinson Estate Agents, Auction

0191 625 0242

Next Steps?

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