2 Bed Terraced House, Single Let, Preston, PR1 4XX, £100,000

100, Scotforth Road, Fishwick, Preston, PR1 - 7 days ago

BTL
ROI: 5%
~68 m²
+2 photos

ValuationOvervalued

Sold Prices£55K - £200K
Sold Prices/m²£707/m² - £2.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.5K/m²

Value Estimate

£85,721

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£25,000

Stamp Duty & Legal Fees

£6,200

Total Cash In

£31,200

 

 

Cash Out

 

Rent Range

£475 - £995

Rent Estimate

£575

Running Costs/mo

£448

Cashflow/mo

£128

Cashflow/yr

£1,530

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £55K to £200K, average is £81K. £707/m² to £2.7K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£69.5K06/210.01 mi9, Scotforth Road, Preston, Lancashire PR1 4XX2
£105K07/230.01 mi46, Chatsworth Street, Preston, Lancashire PR1 4XY2
£70K04/210.07 mi26, Dundonald Street, Preston, Lancashire PR1 4SN2
£80K04/230.11 mi19, Caroline Street, Preston, Lancashire PR1 5UX2
£200K04/230.11 mi70, Fishwick View, Preston, Lancashire PR1 4YB2
£66K12/210.13 mi8, Derby Square, Preston, Lancashire PR1 5XN2
£127K02/210.13 mi6, Cliffe Court, Preston, Lancashire PR1 4QB2
£55K04/210.16 mi4, Elijah Street, Preston, Lancashire PR1 4SR2
£75K03/230.17 mi35, Rigby Street, Preston, Lancashire PR1 5XL2
£75K06/230.19 mi35, Samuel Street, Preston, Lancashire PR1 4YE2
£75K08/230.2 mi42, Salisbury Street, Preston, Lancashire PR1 5YL2
£76K11/210.22 mi3, Tunbridge Street, Preston, Lancashire PR1 5YP2
£70K02/230.24 mi10, Denville Road, Preston, Lancashire PR1 5XU2
£75K04/230.25 mi30, Acregate Lane, Preston, Lancashire PR1 5QN2
£115K03/230.31 mi65, Oxley Road, Preston, Lancashire PR1 5QJ2
£80K02/210.35 mi23, Waverley Road, Preston, Lancashire PR1 5QD2
£83K12/200.37 mi10, Holman Street, Preston, Lancashire PR1 5HB2
£60K02/210.37 mi5, Harling Road, Preston, Lancashire PR1 5YR2
£96K03/230.38 mi41, Brockholes View, Preston, Lancashire PR1 4BH2
£82K12/210.38 mi2, St Lukes Place, Preston, Lancashire PR1 5DE2
£88K03/230.38 mi4, St Lukes Place, Preston, Lancashire PR1 5DE2
£79K04/210.4 mi24, Andrew Street, Preston, Lancashire PR1 5HU2
£95K01/230.4 mi136, Skeffington Road, Preston, Lancashire PR1 5HD2
£102K02/230.4 mi159, Skeffington Road, Preston, Lancashire PR1 5HD2
£100K02/230.4 mi19, Alexandra Street, Preston, Lancashire PR1 4BL2
£76K11/210.41 mi3, Raikes Road, Preston, Lancashire PR1 5EQ2
£110K05/230.41 mi167, London Road, Preston, Lancashire PR1 4BA2
£62.8K04/210.44 mi79, Raikes Road, Preston, Lancashire PR1 5ER2
£75K08/210.44 mi58, Raikes Road, Preston, Lancashire PR1 5ER2
£75.5K12/200.45 mi268, Fletcher Road, Preston, Lancashire PR1 5HJ2
£93K06/210.45 mi311, Fletcher Road, Preston, Lancashire PR1 5HJ2
£88.5K05/230.49 mi12, Lutwidge Avenue, Preston, Lancashire PR1 5HS2
£105K06/230.49 mi27, Lutwidge Avenue, Preston, Lancashire PR1 5HS2
£73.5K05/210.49 mi35, Lutwidge Avenue, Preston, Lancashire PR1 5HS2
£90K05/230.49 mi30, Lutwidge Avenue, Preston, Lancashire PR1 5HS2
£85K06/210.51 mi25, Coronation Crescent, Preston, Lancashire PR1 4JY2
£58K06/210.51 mi101, Miller Road, Preston, Lancashire PR1 5QT2
£60K12/200.51 mi153, Miller Road, Preston, Lancashire PR1 5QT2
£65.3K12/200.53 mi3, Downing Street, Preston, Lancashire PR1 4RE2
£55K07/230.56 mi407, New Hall Lane, Preston, Lancashire PR1 4SY2
£95K12/200.56 mi7, Browning Road, Preston, Lancashire PR1 5SH2
£83K05/230.56 mi63, Lincoln Street, Preston, Lancashire PR1 6RE2
£83K05/230.57 mi14, Illingworth Road, Preston, Lancashire PR1 4TU2
£70K10/210.62 mi8, Devonshire Place, Preston, Lancashire PR1 4UE2
£80K05/210.63 mi44, Trower Street, Preston, Lancashire PR1 4LY2
£95K02/230.63 mi12, Castleton Road, Preston, Lancashire PR1 6QE2
£115K02/230.63 mi13, Raven Street, Preston, Lancashire PR1 6XU2
£95K04/230.63 mi24, Castleton Road, Preston, Lancashire PR1 6QE2
£88K02/210.63 mi84, Castleton Road, Preston, Lancashire PR1 6QE2
£125K05/210.67 mi4, Bridge Terrace, Walton Le Dale, Preston, Lancashire PR5 4AH2

Local Rents

49 rents from £475/mo to £995/mo, average is £775/mo.

RentDateDistanceAddressBeds 
£80008/240.08 mi-2
£80003/250.08 mi-2
£80007/240.08 miDeepdale Road, Preston, PR12
£72507/240.11 miCaroline Street, Preston2
£47507/240.16 miThames House, Samuel Street2
£75003/250.19 mi-2
£60007/240.19 miCromford Walk, Preston2
£72506/240.2 miDelaware Street, Preston, PR12
£75007/240.2 miCalverley Street, Preston2
£90001/250.22 mi-2
£70006/240.25 miWoodrow House,Mercer Street, Preston, PR1 4LQ2
£62509/240.25 miAcregate Lane, Preston2
£67507/240.26 miMercer Street, Preston, PR12
£80012/240.27 mi-2
£75008/240.28 miSkeffington Road, Preston, PR12
£85003/250.28 mi-2
£75008/240.28 mi-2
£75008/240.28 mi-2
£57506/240.28 miKayley House, Preston2
£57507/240.28 miKayley House, New Hall Lane, Preston2
£62502/240.29 mi-2
£79506/240.29 mi-2
£89506/240.29 mi-2
£95008/240.29 mi-2
£89508/240.29 mi-2
£85003/250.29 mi-2
£99511/240.29 mi-2
£79501/250.29 mi-2
£85007/240.29 miCentenary Mill Court, Preston, PR12
£89507/240.29 miCentenary Mill Court, Preston, PR12
£89508/240.29 miCentenary Mill Court, Preston, PR12
£89501/250.29 mi-2
£75010/240.29 mi-2
£75006/240.29 miCentenary Mill, New Hall Lane2
£80008/240.29 miCentenary Mill, Preston2
£79508/240.29 miCentenary Mill Court, New Hall Lane, Preston, PR12
£80012/240.3 mi-2
£75003/250.3 mi-2
£80007/240.35 miWaverley Road, Preston, PR12
£75012/240.4 mi-2
£75002/250.4 mi-2
£57503/250.42 mi-2
£65006/240.44 miBleasdale Street East, Preston, PR12
£75012/240.45 mi-2
£70007/240.45 miDodgson Road, Preston2
£77507/240.49 miLutwidge Avenue, Preston2
£77507/240.49 mi-2
£78609/240.5 mi-2
£79508/240.52 miCoronation Crescent, Frenchwood, Preston, PR12

Local Area Statistics

Population in PR1

72,064

Population in Preston

286,036

Town centre distance

0.72 miles away

Nearest school

0.10 miles away

Nearest train station

1.32 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 26, 2025

Floor Plans

Description

  • Available Now! +
  • Large reception +
  • Freehold +
  • Vacant possession +
  • NO Chain +
  • Close to All Local Amenities +

This well-presented two-bedroom terraced house on Scotforth Road, Fishwick, offers a fantastic opportunity for first-time buyers or investors. Recently painted and newly carpeted throughout, the property is ready to move into providing a fresh and modern living space in a convenient location close to Preston City Centre.

Upon entering, you step into a bright and spacious living room, designed to offer a comfortable and welcoming atmosphere. The fresh neutral décor enhances the sense of space, while the newly fitted carpets add warmth underfoot. The room provides ample space for both relaxation and entertaining.

The full new kitchen, situated at the rear of the property, is well-proportioned with plenty of worktop space and storage cupboards. It offers a practical layout for cooking and meal preparation, with access to the private rear yard, which provides an outdoor space ideal for additional storage or a seating area.

Upstairs, the property features two well-sized bedrooms, both of which have been newly carpeted and decorated to a high standard. The main bedroom offers generous space for furnishings, while the second bedroom is perfect as a guest room or even a home office.

The family bathroom is fitted with a modern suite, including a bath with an overhead shower, a washbasin, and a WC. The neutral tiling and well-maintained fittings make it both stylish and functional.

The property benefits from excellent local amenities, including shops, schools, and places of worship. It is within easy reach of Preston City Centre, making it a great option for those who need quick access to shopping, dining, and transport links. The property is also well connected to the M61 motorway network, providing convenient access to surrounding towns and cities.

Contact Open House Lancashire Today to arrange your viewing.

Council Tax Band: A
Tenure: Freehold

Agent Details

Open House Preston Ltd, Preston

01772 503146

Next Steps?

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