2 Bed Bungalow, Single Let, Preston, PR2 2ER, £240,000

Lytham Road, Ashton on Ribble, Preston, PR2 2ER - 8 months ago

BTL
~121 m²
+14 photos

ValuationOvervalued

Sold Prices£76K - £245K
Sold Prices/m²£561/m² - £3.3K/m²

 

 

Square Metres

~120.80 m²
Price/m²£2K/m²

Value Estimate

£203,389

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£60,000

Stamp Duty & Legal Fees

£8,400

Total Cash In

£68,400

 

 

Cash Out

 

Rent Range

£600 - £1,312

Rent Estimate

£650

Running Costs/mo

£900

Cashflow/mo

£-250

Cashflow/yr

£-3,000

Gross Yield

3%

Local Sold Prices

50 sold prices from £76K to £245K, average is £120K. £561/m² to £3.3K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£130K12/220.08 mi9, Gathurst Road, Ashton On Ribble, Preston, Lancashire PR2 2ED2
£119K10/200.08 mi11, Gathurst Road, Ashton On Ribble, Preston, Lancashire PR2 2ED2
£125K07/230.11 mi99, Balcarres Road, Ashton On Ribble, Preston, Lancashire PR2 2DY2
£160K04/210.11 mi51, Seymour Road, Ashton On Ribble, Preston, Lancashire PR2 2EU2
£164K03/230.11 mi63, Seymour Road, Ashton On Ribble, Preston, Lancashire PR2 2EU2
£106K12/200.13 mi228, Stocks Road, Ashton On Ribble, Preston, Lancashire PR2 2JS2
£104.5K03/210.13 mi236, Stocks Road, Ashton On Ribble, Preston, Lancashire PR2 2JS2
£125K02/230.13 mi214, Stocks Road, Ashton On Ribble, Preston, Lancashire PR2 2JS2
£121.5K01/210.13 mi194, Stocks Road, Ashton On Ribble, Preston, Lancashire PR2 2JS2
£117.5K02/230.13 mi186, Stocks Road, Ashton On Ribble, Preston, Lancashire PR2 2JS2
£100K04/230.14 mi15, Belmont Road, Ashton On Ribble, Preston, Lancashire PR2 2LJ2
£146K11/210.15 mi140, Lytham Road, Ashton On Ribble, Preston, Lancashire PR2 2EP2
£156K03/210.16 mi4, Rose Avenue, Ashton On Ribble, Preston, Lancashire PR2 2HA2
£200K01/230.16 mi128, Lytham Road, Ashton On Ribble, Preston, Lancashire PR2 2EP2
£99K09/210.16 mi3, Colenso Road, Ashton On Ribble, Preston, Lancashire PR2 2LL2
£112.5K02/230.23 mi132, Stocks Road, Ashton On Ribble, Preston, Lancashire PR2 2JR2
£134K02/230.24 mi7, Dorman Close, Ashton On Ribble, Preston, Lancashire PR2 2BF2
£76K12/200.25 mi5, Ridley Road, Ashton On Ribble, Preston, Lancashire PR2 2BS2
£120K10/230.25 mi1, Ladysmith Road, Ashton On Ribble, Preston, Lancashire PR2 2JP2
£95K03/210.26 mi206, Shelley Road, Ashton On Ribble, Preston, Lancashire PR2 2BX2
£106K11/200.27 mi77, Roebuck Street, Ashton On Ribble, Preston, Lancashire PR2 2BQ2
£107K01/230.28 mi33, Ecroyd Road, Ashton On Ribble, Preston, Lancashire PR2 2LA2
£88K01/210.29 mi19, Armstrong Street, Ashton On Ribble, Preston, Lancashire PR2 2LB2
£130K08/230.29 mi41, Ecroyd Road, Ashton On Ribble, Preston, Lancashire PR2 2LA2
£112K12/200.29 mi23, Ecroyd Road, Ashton On Ribble, Preston, Lancashire PR2 2LA2
£85K11/210.29 mi45, Ecroyd Road, Ashton On Ribble, Preston, Lancashire PR2 2LA2
£123.5K03/230.29 mi15, Ecroyd Road, Ashton On Ribble, Preston, Lancashire PR2 2LA2
£177K05/230.29 mi5, Trafalgar Close, Ashton On Ribble, Preston, Lancashire PR2 2HG2
£94K02/230.3 mi14, Coniston Avenue, Ashton On Ribble, Preston, Lancashire PR2 2HS2
£110K04/230.3 mi4, Clifton Place, Ashton On Ribble, Preston, Lancashire PR2 2LD2
£220K06/230.3 mi111, Lytham Road, Fulwood, Preston, Lancashire PR2 3EW2
£116K12/200.3 mi105, Parker Street, Ashton On Ribble, Preston, Lancashire PR2 2AJ2
£110K07/210.32 mi78, Murdock Avenue, Ashton On Ribble, Preston, Lancashire PR2 2BL2
£110K01/210.32 mi58, Murdock Avenue, Ashton On Ribble, Preston, Lancashire PR2 2BL2
£185K06/230.32 mi21, Hollins Grove, Fulwood, Preston, Lancashire PR2 3TT2
£151K05/230.32 mi5, The Ferns, Ashton On Ribble, Preston, Lancashire PR2 2BZ2
£245K06/230.33 mi7, Fir Tree Avenue, Fulwood, Preston, Lancashire PR2 3TJ2
£130K04/230.34 mi60, Lulworth Avenue, Ashton On Ribble, Preston, Lancashire PR2 2BE2
£112K03/210.34 mi14, Bulmer Street, Ashton On Ribble, Preston, Lancashire PR2 2SL2
£92K05/210.36 mi11, Bucklands Avenue, Ashton On Ribble, Preston, Lancashire PR2 2BP2
£190K10/230.37 mi18, Thornton Avenue, Fulwood, Preston, Lancashire PR2 3TH2
£140K01/230.38 mi504, Blackpool Road, Ashton On Ribble, Preston, Lancashire PR2 1HY2
£159.9K07/230.39 mi1, Fairfield Drive, Ashton On Ribble, Preston, Lancashire PR2 1JJ2
£114K06/210.39 mi98, Stocks Road, Ashton On Ribble, Preston, Lancashire PR2 2SY2
£113.5K05/210.39 mi11, Lulworth Avenue, Ashton On Ribble, Preston, Lancashire PR2 2BD2
£120K02/210.39 mi4, Lulworth Avenue, Ashton On Ribble, Preston, Lancashire PR2 2BD2
£120K03/230.39 mi19, Lulworth Avenue, Ashton On Ribble, Preston, Lancashire PR2 2BD2
£135K06/230.41 mi107, Shelley Road, Ashton On Ribble, Preston, Lancashire PR2 2DA2
£168K07/230.42 mi62, Lytham Road, Fulwood, Preston, Lancashire PR2 3AQ2
£148.3K06/210.44 mi26, Garden Walk, Ashton On Ribble, Preston, Lancashire PR2 1DP2

Local Rents

50 rents from £600/mo to £1.3K/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£75012/240.04 mi-2
£89502/250.17 mi-2
£75006/240.21 miBrook Court, Dorman Close, Preston, Lancashire, PR22
£69506/240.21 miBrook Court, Ashton2
£67506/240.25 miLadysmith Road, Ashton2
£65007/240.26 mi-2
£80002/250.29 mi-2
£65006/240.31 miTulketh Brow, Preston, PR22
£80012/240.33 mi-2
£67502/250.35 mi-2
£85004/250.36 mi-2
£85006/240.37 mi-2
£85006/240.37 mi-2
£85012/240.37 mi-2
£85006/240.37 miPark View Avenue, Ashton-On-Ribble, Preston, PR22
£79507/240.39 miRoyal Drive, Fulwood, PR22
£80003/250.4 mi-2
£72506/240.41 miEldon Street - flat 2, PRESTON PR2 2BA2
£74506/240.41 miAshley Mews, Ashton on Ribble, Preston, PR22
£75012/240.46 mi-2
£67506/240.46 mi-2
£67506/240.46 mi-2
£67506/240.46 miNares Street, Preston, PR22
£85012/240.47 miBank Place, Ashton-On-Ribble, Preston, PR22
£85012/240.47 mi-2
£72512/240.48 mi-2
£69912/240.48 mi-2
£69507/240.49 miRaglan Street, Ashton-on-ribble, Preston2
£65012/240.49 miGarden Court, Tulketh Avenue, Preston, PR22
£85006/240.49 miInkerman Street Preston PR2 2AQ2
£95006/240.5 miBrampton Street, Ashton-On-Ribble, Preston, PR22
£95006/240.5 mi-2
£95006/240.5 mi-2
£70007/240.51 miVictoria Parade, Ashton-on-ribble, Preston2
£80006/240.51 miDelacy Street, PRESTON PR2 2DD2
£80007/240.52 mi-2
£82507/240.53 mi-2
£80012/240.54 mi-2
£80003/250.54 mi-2
£1,31204/250.55 mi-2
£85006/240.56 miNorris Street, Preston2
£60006/240.56 miRoyal Drive, Fulwood, Preston, PR22
£80007/240.57 mi-2
£80001/250.57 mi-2
£80003/250.57 mi-2
£79507/240.57 miPlungington Road, Preston, Lancashire, PR12
£75006/240.59 miWildman street, Plungington, Preston2
£70006/240.59 miDerby Road, Fulwood, Preston, PR2 8JJ2
£72507/240.61 miCannon Hill, Ashton-on-Ribble - , PRESTON, Lancashire PR2 2RR2
£81502/250.61 mi-2

Local Area Statistics

Population in PR2

77,713

Population in Preston

286,036

Town centre distance

1.55 miles away

Nearest school

0.30 miles away

Nearest train station

1.47 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-7%

Sales demand

Seller's market

Capital growth (5yrs)

+25%

Property History

Listed for £240,000

August 30, 2024

Floor Plans

Description

This well cared for semi detached bungalow boasts well laid out accommodation, complete with two double bedrooms, large lounge, sitting area, conservatory and a detached garage. Situated in a quiet spot along Lytham Road with a set back position, this bungalow benefits from a fantastic size plot and a private rear aspect. A stone's throw from great local amenities available within Ashton to include shops, doctor's and bus routes, it certainly has the location box ticked! Internally this home has been well loved and is truly immaculate in presentation, while still offering plenty of opportunity for its new owner.

You enter the property through a UPVC porch into a hallway with internal doors leading to the living accommodation, bedroom, kitchen, sitting area and bathroom. The lounge holds the heart of this home, the well delightful sitting room offers the opening into the conservatory with views across the garden. It's the perfect space for relaxing! To the rear is the kitchen/dining room which comes complete with a comprehensive arrangement of wall and base units providing ample storage, with space for appliances and work surfaces over. There is plenty of space for a dining table and with a side doors leading onto the driveway, the room is flooded with natural light. Furthermore, you will find two double bedrooms sharing a good size bathroom to include a WC, bidet, pedestal wash basin and bath with shower over.

The rear garden itself is truly lovely! Laid mainly to lawn with established planted borders, it is the perfect space for enjoying the warm summer months, with a completely private aspect to top it off! To the front of the property, you will find the property is set back from the road to offer a fantastic size driveway, leading directly to the detached garage at the rear.

If you are looking for a bungalow in a nice spot, within walking distance to all of the local amenities you could need, then this could be the home for you in the ever-popular area of Ashton.

Agent Details

Dewhurst Homes, Fulwood

01772 963627

Next Steps?

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