3 Bed Semi-Detached House, Refurb/BRRR, Preston, PR5 4QB, £139,950

Allerton Road, Walton-le-Dale, Preston, Lancashire, PR5 4QB - 3 views - a year ago

Sold STC
Leasehold
Refurb/BRRR
ROI: 4%
~70 m²
+9 photos

ValuationFair Value

Sold Prices£80.5K - £286.8K
Sold Prices/m²£1.3K/m² - £3.6K/m²

 

 

Square Metres

~70.10 m²
Price/m²£2K/m²

Value Estimate

£139,400

 

 

End Value (After Refurb)

£153,854

Uplift in Value

+10%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£34,988

Stamp Duty & Legal Fees

£5,399

Refurb Costs

£29,720

Bridging Loan Interest

£3,674

Total Cash In

£75,529

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£153,854

Mortgage (After Refinance)

£115,391

Mortgage LTV

75%

Cash Released

£10,428

Cash Left In

£65,101

Equity

£38,464

Rent Range

£694 - £1,500

Rent Estimate

£953

Running Costs/mo

£691

Cashflow/mo

£262

Cashflow/yr

£3,139

ROI

4%

Gross Yield

8%

Local Sold Prices

50 sold prices from £80.5K to £286.8K, average is £185.3K. £1.3K/m² to £3.6K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£153K03/230 mi24, Allerton Road, Walton Le Dale, Preston, Lancashire PR5 4QB3
£144K07/210.05 mi5, Allerton Road, Walton Le Dale, Preston, Lancashire PR5 4QD3
£175K07/230.13 mi107, Marlborough Drive, Walton Le Dale, Preston, Lancashire PR5 4QX3
£184.5K03/210.13 mi142, Chorley Road, Walton Le Dale, Preston, Lancashire PR5 4PA3
£150K12/200.16 mi45, Windsor Road, Walton Le Dale, Preston, Lancashire PR5 4GE3
£80.5K11/200.16 mi64, Windsor Road, Walton Le Dale, Preston, Lancashire PR5 4GE3
£150K07/230.16 mi49, Hennel Lane, Walton Le Dale, Preston, Lancashire PR5 4LB3
£140K06/210.17 mi17, Sandringham Road, Walton Le Dale, Preston, Lancashire PR5 4QN3
£120K07/210.17 mi22, Sandringham Road, Walton Le Dale, Preston, Lancashire PR5 4QN3
£180K08/230.18 mi15, Balmoral Road, Walton Le Dale, Preston, Lancashire PR5 4GN3
£200K02/210.22 mi7, Beechill Close, Walton Le Dale, Preston, Lancashire PR5 4LF3
£285K12/220.24 mi52, Hampshire Road, Walton Le Dale, Preston, Lancashire PR5 4NH3
£265K06/230.27 mi8, Crowell Way, Walton Le Dale, Preston, Lancashire PR5 4LG3
£270K04/230.28 mi61, Hampshire Road, Walton Le Dale, Preston, Lancashire PR5 4NJ3
£179K12/200.3 mi5, Lowesby Close, Walton Le Dale, Preston, Lancashire PR5 4NF3
£190K05/210.3 mi14, Lowesby Close, Walton Le Dale, Preston, Lancashire PR5 4NF3
£220K01/210.35 mi8, Neath Close, Walton Le Dale, Preston, Lancashire PR5 4NE3
£286.8K06/230.35 mi9, Higher Walton Road, Walton Le Dale, Preston, Lancashire PR5 4HA3
£153.8K03/210.36 mi9, Somersby Close, Walton Le Dale, Preston, Lancashire PR5 4LY3
£253K12/220.36 mi7, Somersby Close, Walton Le Dale, Preston, Lancashire PR5 4LY3
£197K10/210.37 mi5, Fieldside Close, Lostock Hall, Preston, Lancashire PR5 5UD3
£130K02/210.37 mi109, Higher Walton Road, Walton Le Dale, Preston, Lancashire PR5 4HD3
£235K10/200.39 mi17, Odell Way, Walton Le Dale, Preston, Lancashire PR5 4ND3
£156K11/200.41 mi158, Todd Lane North, Lostock Hall, Preston, Lancashire PR5 5UN3
£210K11/200.42 mi19, Wellington Place, Walton Le Dale, Preston, Lancashire PR5 4TR3
£190K08/230.42 mi25, Kilngate, Lostock Hall, Preston, Lancashire PR5 5UW3
£171.3K03/210.43 mi166, Holland House Road, Walton Le Dale, Preston, Lancashire PR5 4HY3
£164K06/210.43 mi150, Holland House Road, Walton Le Dale, Preston, Lancashire PR5 4HY3
£186K05/230.46 mi11, Selkirk Drive, Walton Le Dale, Preston, Lancashire PR5 4TJ3
£201K01/230.48 mi18, Holland House Court, Walton Le Dale, Preston, Lancashire PR5 4HZ3
£230K06/230.48 mi18, Cherry Trees, Lostock Hall, Preston, Lancashire PR5 5ZA3
£175K03/210.49 mi15, Grasmere Close, Walton Le Dale, Preston, Lancashire PR5 4RR3
£260K01/230.49 mi59, The Ferns, Lostock Hall, Preston, Lancashire PR5 5QT3
£218K11/200.5 mi118, Duddle Lane, Walton Le Dale, Preston, Lancashire PR5 4TA3
£263K06/230.5 mi40, The Ferns, Lostock Hall, Preston, Lancashire PR5 5QT3
£195K02/210.5 mi29, Renshaw Drive, Walton Le Dale, Preston, Lancashire PR5 4RB3
£140K03/210.54 mi9, Ambleside Close, Walton Le Dale, Preston, Lancashire PR5 4RS3
£217K10/200.56 mi21, Knot Lane, Walton Le Dale, Preston, Lancashire PR5 4BQ3
£197K09/210.57 mi30, Severn Drive, Walton Le Dale, Preston, Lancashire PR5 4TE3
£165K04/210.57 mi2, Severn Drive, Walton Le Dale, Preston, Lancashire PR5 4TE3
£219K12/200.59 mi23, Fareham Close, Walton Le Dale, Preston, Lancashire PR5 4JX3
£148K05/210.59 mi24, Holland Avenue, Walton Le Dale, Preston, Lancashire PR5 4RJ3
£210K08/230.6 mi6, Badgers Way, Lostock Hall, Preston, Lancashire PR5 5QU3
£170K10/210.6 mi2, Pear Tree Close, Walton Le Dale, Preston, Lancashire PR5 4RH3
£205.5K01/210.61 mi3, Kingsdale Close, Walton Le Dale, Preston, Lancashire PR5 4BT3
£128K07/230.62 mi24, School Street, Bamber Bridge, Preston, Lancashire PR5 6GB3
£165K12/200.64 mi39, Rydal Avenue, Walton Le Dale, Preston, Lancashire PR5 4RU3
£134K11/200.64 mi11, Rydal Avenue, Walton Le Dale, Preston, Lancashire PR5 4RU3
£200K01/230.65 mi47, Pear Tree Crescent, Walton Le Dale, Preston, Lancashire PR5 4RE3
£150.5K11/210.65 mi50, Station Road, Bamber Bridge, Preston, Lancashire PR5 6QL3

Local Rents

15 rents from £694/mo to £1.5K/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£85006/240.39 miKilngate, Lostock Hall, Preston3
£90012/240.43 miHolland House Road, Walton Le Dale3
£97506/240.59 miFareham Close, Walton-le-Dale, Preston, PR53
£72512/240.62 mi-3
£1,50012/240.71 miTodd Lane North, Lostock Hall3
£89506/240.91 miCollins Road, Bamber Bridge3
£82512/240.91 miJames Street, Bamber Bridge, Preston3
£1,00012/240.95 miBrampton Drive, Bamber Bridge3
£1,10006/240.97 miGarforth Crescent,Bamber Bridge,PR5 6SS ***PETS WELCOME***3
£1,25006/240.99 miElmtree Avenue, Penwortham, Preston3
£95008/241.02 miFrenchwood Avenue, Preston, PR13
£80006/241.05 miBrixton Road, Preston, PR13
£69408/241.08 mi-3
£1,00004/251.11 mi-3
£80006/241.23 miCambridge Road, Bamber Bridge3

Local Area Statistics

Population in PR5

40,828

Population in Preston

286,036

Town centre distance

1.97 miles away

Nearest school

0.30 miles away

Nearest train station

1.16 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+1%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £139,950

April 4, 2024

Floor Plans

Description

  • Semi Detached House +
  • Three Bedrooms, Good-Size Lounge +
  • Bathroom, Gardens Front & Rear +
  • Driveway, Detached Outbuilding +
  • Views over the City of Preston +

Three bedroom semi-detached property in need of modernisation. The property briefly comprises entrance hallway with stairs leading to the first floor, good-size lounge and kitchen diner. To the first floor are two double bedrooms, one single bedroom and a three piece bathroom suite. The master bedroom offers views over the City of Preston. Externally the property has a garden to the front with driveway leading to a detached outbuilding. The rear garden is laid mainly to lawn with a patio area.

Agent Details

Bridgfords, Bamber Bridge

01772 287078

Next Steps?

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