3 Bed Terraced House, Single Let, Preston, PR1 5YN, £55,000

32 Calverley Street, Preston, Lancashire PR1 5YN - 8 days ago

Auction
BTL
ROI: 26%
71 m²
+7 photos

ValuationUndervalued

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

 

 

Square Metres

71 m²
Price/m²£775/m²

Value Estimate

£67,650
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£13,750

Stamp Duty & Legal Fees

£3,950

Total Cash In

£17,700

 

 

Cash Out

 

Rent Range

£694 - £2,520

Rent Estimate

£722

Running Costs/mo

£336

Cashflow/mo

£386

Cashflow/yr

£4,629

ROI

26%

Gross Yield

16%

Local Sold Prices

50 sold prices from £59K to £280K, average is £108.8K. £728/m² to £2.4K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£66K01/210.02 mi7, Tunbridge Place, Preston, Lancashire PR1 5YQ3
£62K12/200.04 mi20, Calverley Street, Preston, Lancashire PR1 5YN3
£95K08/210.08 mi21, Oxley Road, Preston, Lancashire PR1 5QH3
£110K04/230.11 mi5, Denville Road, Preston, Lancashire PR1 5XU3
£80K04/210.11 mi2, Grimsargh Street, Preston, Lancashire PR1 5QR3
£59K06/230.12 mi13, Samuel Street, Preston, Lancashire PR1 4YD3
£140K08/210.15 mi77, Harling Road, Preston, Lancashire PR1 5YR3
£89K12/200.2 mi2, Braddon Street, Preston, Lancashire PR1 4TP3
£73K12/200.2 mi44, Skeffington Road, Preston, Lancashire PR1 5UQ3
£92.5K07/230.21 mi34, Nimes Street, Preston, Lancashire PR1 4SH3
£68K01/210.22 mi29, Crompton Street, Preston, Lancashire PR1 5RT3
£75K02/210.24 mi5, Ansdell Street, Preston, Lancashire PR1 5ES3
£93.5K08/210.25 mi160, Miller Road, Preston, Lancashire PR1 5QS3
£88K04/210.27 mi62, Raikes Road, Preston, Lancashire PR1 5ER3
£90K04/210.29 mi8, Raikes Road, Preston, Lancashire PR1 5EQ3
£80K05/230.29 mi21, Fishwick View, Preston, Lancashire PR1 4YA3
£93.5K06/230.32 mi23, Rydal Road, Preston, Lancashire PR1 5SL3
£98.5K05/230.32 mi54, Pinfold Street, Preston, Lancashire PR1 4RT3
£79K05/210.33 mi50, Dodgson Road, Preston, Lancashire PR1 5HL3
£110K05/230.33 mi52, Dodgson Road, Preston, Lancashire PR1 5HL3
£135K02/230.33 mi6, Walton View, Preston, Lancashire PR1 4QU3
£107.5K02/230.36 mi35, Chester Road, Preston, Lancashire PR1 5HR3
£148K05/230.38 mi44, Blackpool Road, Ribbleton, Preston, Lancashire PR2 6NU3
£77K02/230.38 mi6, Stefano Road, Preston, Lancashire PR1 5PL3
£90K11/210.39 mi18, Illingworth Road, Preston, Lancashire PR1 4TU3
£205K04/230.42 mi55, Blackpool Road, Ribbleton, Preston, Lancashire PR2 6BX3
£90K07/210.42 mi36, Lutwidge Avenue, Preston, Lancashire PR1 5HS3
£77K12/200.43 mi27, St Chads Road, Preston, Lancashire PR1 5HT3
£127.5K05/210.43 mi15, Bidston Street, Preston, Lancashire PR1 4RP3
£130K03/230.44 mi18, Hesketh Road, Ribbleton, Preston, Lancashire PR2 6NS3
£129K02/210.44 mi17, Hesketh Road, Ribbleton, Preston, Lancashire PR2 6NS3
£110K06/210.44 mi91, Ribbleton Avenue, Ribbleton, Preston, Lancashire PR2 6DA3
£115K03/210.45 mi39, Basil Street, Preston, Lancashire PR1 6XS3
£90K03/210.52 mi26, Rufus Street, Preston, Lancashire PR1 6XX3
£145K01/230.58 mi42, Belmont Avenue, Ribbleton, Preston, Lancashire PR2 6DH3
£137K04/230.59 mi36, Lincoln Street, Preston, Lancashire PR1 6RE3
£130K01/230.59 mi19, Ringwood Road, Preston, Lancashire PR1 6XP3
£280K01/230.6 mi16, Woodlands Avenue, Ribbleton, Preston, Lancashire PR2 6DT3
£114.5K03/210.61 mi28, Woodlands Avenue, Ribbleton, Preston, Lancashire PR2 6DT3
£85K04/230.62 mi22, Linnet Street, Preston, Lancashire PR1 6TL3
£165K05/210.65 mi22, Gaythorne Avenue, Preston, Lancashire PR1 5TA3
£120K05/210.66 mi26, Deepdale Road, Preston, Lancashire PR1 5AQ3
£162K04/230.67 mi1, Clifton Grove, Preston, Lancashire PR1 6YJ3
£125K06/210.68 mi3, Cairnsmore Avenue, Preston, Lancashire PR1 4UN3
£120K12/220.7 mi15, Cairnsmore Avenue, Preston, Lancashire PR1 4UN3
£140K02/230.7 mi49, Ronaldsway, Preston, Lancashire PR1 6EP3
£92K03/230.71 mi22, George Street, Preston, Lancashire PR1 4JP3
£180.5K12/200.72 mi11, Primrose Road, Preston, Lancashire PR1 6HT3
£225K01/230.72 mi2, Ronaldsway, Preston, Lancashire PR1 6EP3
£144K11/210.73 mi226, Deepdale Road, Preston, Lancashire PR1 6QB3

Local Rents

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

RentDateDistanceAddressBeds 
£80010/240.02 mi-3
£69408/240.06 mi-3
£85008/240.08 miAcregate Lane, Preston3
£2,38006/240.14 mi-3
£2,52002/250.14 mi-3
£70008/240.19 miSkeffington Road, Preston, PR13
£99801/250.19 mi-3
£95003/250.19 mi-3
£1,30008/240.2 mi-3
£1,30008/240.2 mi-3
£75002/240.27 mi-3
£75002/240.27 mi-3
£72508/240.29 mi-3
£80002/250.36 mi-3
£85008/240.4 miCavendish Road, Preston, PR13
£1,10012/240.4 mi-3
£1,15009/240.41 mi-3
£80010/240.41 mi-3
£80003/250.45 mi-3
£80003/250.45 mi-3
£85012/240.53 mi-3
£85012/240.53 miMimosa Road, Ribbleton, Preston, PR23
£80009/240.54 mi-3
£80010/240.55 mi-3
£1,00011/240.59 mi-3
£1,10003/250.61 mi-3
£1,10002/250.61 mi-3
£1,10002/250.61 mi-3
£1,09501/250.61 mi-3

Local Area Statistics

Population in PR1

72,064

Population in Preston

286,036

Town centre distance

0.69 miles away

Nearest school

0.10 miles away

Nearest train station

1.49 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+3%

Sales demand

Seller's market

Capital growth (5yrs)

+17%

Property History

Listed for £55,000

March 28, 2025

Description

  • Great Investment Property +
  • Refurbishment Opportunity +
  • Three Bedrooms +
  • Close To Schools & Shops +

Online Auction - 15th to 16th April 2025 Vacant Three Bedroom Terrace House The property comprises of lounge, kitchen, three bedrooms and a bathroom.
Externally there is yard to the rear.
The property is located in a popular residential area, close to shops and schools.

Tenure: Freehold
Title number: LA398750
Council Tax Band: A
Local Authority: Preston City Council

Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/
IMPORTANT INFORMATION Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.
ANTI-MONEY LAUNDERING REGULATIONS In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects.

Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars.

Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.
Tenure: Freehold EPC Rating: C Administration Fee: 2.5% inc VAT of the purchase price, subject to a minimum of £1980 inc VAT, payable on exchange of contracts. Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Agent Details

Auction House, Fulwood

01772 286883

Next Steps?

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