3 Bed Terraced House, Refurb/BRRR, Preston, PR2 1LS, £140,000

Bartle Place, Preston, Lancashire, PR2 1LS - 1 views - 17 days ago

BTL
Refurb/BRRR
ROI: 3%
~93 m²
+12 photos

ValuationFair Value

Sold Prices£80K - £240K
Sold Prices/m²£727/m² - £2.6K/m²

 

 

Square Metres

~93 m²
Price/m²£1.5K/m²

Value Estimate

£140,000

 

 

End Value (After Refurb)

£153,218

Uplift in Value

+9%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£35,000

Stamp Duty & Legal Fees

£8,200

Refurb Costs

£39,357

Bridging Loan Interest

£3,675

Total Cash In

£87,982

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£153,218

Mortgage (After Refinance)

£114,914

Mortgage LTV

75%

Cash Released

£9,914

Cash Left In

£78,068

Equity

£38,305

Rent Range

£725 - £1,500

Rent Estimate

£925

Running Costs/mo

£684

Cashflow/mo

£241

Cashflow/yr

£2,894

ROI

3%

Gross Yield

8%

Local Sold Prices

50 sold prices from £80K to £240K, average is £153.8K. £727/m² to £2.6K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£122K07/230.03 mi693, Blackpool Road, Ashton On Ribble, Preston, Lancashire PR2 1XH3
£101K05/210.03 mi765, Blackpool Road, Ashton On Ribble, Preston, Lancashire PR2 1XH3
£108K12/200.09 mi12, Roseacre Place, Ashton On Ribble, Preston, Lancashire PR2 1ND3
£133K07/230.1 mi21, Birkdale Drive, Ashton On Ribble, Preston, Lancashire PR2 1UL3
£140K08/230.1 mi5, Birkdale Drive, Ashton On Ribble, Preston, Lancashire PR2 1UL3
£112K08/210.12 mi31, West Park Avenue, Ashton On Ribble, Preston, Lancashire PR2 1UH3
£122K04/230.13 mi60, Starrgate Drive, Ashton On Ribble, Preston, Lancashire PR2 1NA3
£140K03/230.14 mi13, Norcross Place, Ashton On Ribble, Preston, Lancashire PR2 1LP3
£160K03/230.17 mi3, The Ploughlands, Ashton On Ribble, Preston, Lancashire PR2 1QW3
£142.3K06/230.17 mi1, West Park Avenue, Ashton On Ribble, Preston, Lancashire PR2 1UH3
£148K05/230.18 mi70, Layton Road, Ashton On Ribble, Preston, Lancashire PR2 1PU3
£132K02/210.18 mi70, Layton Road, Ashton On Ribble, Preston, Lancashire PR2 1PU3
£135K02/210.18 mi86, Layton Road, Ashton On Ribble, Preston, Lancashire PR2 1PU3
£152.5K05/230.18 mi61, Layton Road, Ashton On Ribble, Preston, Lancashire PR2 1PU3
£97K11/200.24 mi39, Larches Lane, Ashton On Ribble, Preston, Lancashire PR2 1PN3
£105K11/200.25 mi57, Ainsdale Drive, Ashton On Ribble, Preston, Lancashire PR2 1TU3
£208.5K02/210.27 mi16, Lea Road, Lea, Preston, Lancashire PR2 1TN3
£120K12/200.29 mi40, Larches Lane, Ashton On Ribble, Preston, Lancashire PR2 1NJ3
£158K01/230.29 mi34, Larches Lane, Ashton On Ribble, Preston, Lancashire PR2 1NJ3
£135K05/230.3 mi1, Forton Road, Ashton On Ribble, Preston, Lancashire PR2 1QD3
£129K05/210.3 mi2, Luton Road, Ashton On Ribble, Preston, Lancashire PR2 1UT3
£148K06/210.32 mi4, Westerlong, Lea, Preston, Lancashire PR2 1PH3
£202K09/210.33 mi621, Blackpool Road, Ashton On Ribble, Preston, Lancashire PR2 1LH3
£80K08/230.33 mi671, Blackpool Road, Ashton On Ribble, Preston, Lancashire PR2 1LH3
£157.5K07/210.33 mi46, Aldwych Drive, Ashton On Ribble, Preston, Lancashire PR2 1SL3
£157.5K06/230.33 mi16, Marton Road, Ashton On Ribble, Preston, Lancashire PR2 1NN3
£110K06/210.33 mi59, Staining Avenue, Ashton On Ribble, Preston, Lancashire PR2 1NL3
£165K04/230.33 mi19, Staining Avenue, Ashton On Ribble, Preston, Lancashire PR2 1NL3
£235K08/210.35 mi38, Lea Road, Lea, Preston, Lancashire PR2 1TP3
£119K07/210.36 mi40, Ryelands Crescent, Ashton On Ribble, Preston, Lancashire PR2 1PY3
£148K06/210.37 mi32, Thorntrees Avenue, Lea, Preston, Lancashire PR2 1PJ3
£122K04/230.37 mi30, Thorntrees Avenue, Lea, Preston, Lancashire PR2 1PJ3
£225K08/230.38 mi10, Kingsway, Ashton On Ribble, Preston, Lancashire PR2 1SP3
£156.5K08/210.4 mi59, Ashton Bank Way, Preston, Lancashire PR2 1BZ3
£158K10/210.4 mi61, Ashton Bank Way, Preston, Lancashire PR2 1BZ3
£155K11/210.4 mi159, Ashton Bank Way, Ashton On Ribble, Preston, Lancashire PR2 1BZ3
£130K05/230.4 mi4, The Avenue, Lea, Preston, Lancashire PR2 1RS3
£187K10/200.41 mi845, Blackpool Road, Lea, Preston, Lancashire PR2 1QR3
£178K03/210.41 mi54, Elm Avenue, Ashton On Ribble, Preston, Lancashire PR2 1SS3
£161.5K01/210.44 mi81, Savick Way, Ashton On Ribble, Preston, Lancashire PR2 1SD3
£240K01/210.45 mi40, Whinfield Lane, Ashton On Ribble, Preston, Lancashire PR2 1NQ3
£175K02/210.45 mi13, Lime Grove, Ashton On Ribble, Preston, Lancashire PR2 1SZ3
£210K12/220.45 mi40, Finney Park Drive, Lea, Preston, Lancashire PR2 1QZ3
£213K12/200.45 mi58, Clifton Avenue, Ashton On Ribble, Preston, Lancashire PR2 1SQ3
£160K01/210.46 mi4, Victoria Park Drive, Lea, Preston, Lancashire PR2 1RQ3
£182K03/230.46 mi178, Savick Way, Lea, Preston, Lancashire PR2 1XF3
£180K01/210.46 mi173, Savick Way, Lea, Preston, Lancashire PR2 1XF3
£187.5K01/230.47 mi25, Miller Field, Lea, Preston, Lancashire PR2 1XB3
£240K03/230.47 mi5, Aldwych Drive, Ashton On Ribble, Preston, Lancashire PR2 1SJ3
£165K12/200.47 mi25, Finney Park Drive, Lea, Preston, Lancashire PR2 1QZ3

Local Rents

13 rents from £725/mo to £1.5K/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£90003/250.09 mi-3
£85006/240.18 miLayton Road, Preston, Lancashire, PR23
£85012/240.2 mi-3
£85012/240.2 miPreesall Close, Ashton-On-Ribble, Preston, PR23
£1,50002/250.21 mi-3
£85012/240.25 mi-3
£80007/240.27 mi-3
£72507/240.31 miCartmel Place, Ashton-On-Ribble3
£95007/240.32 miMarton Road, Ashton-On-Ribble, Preston, PR23
£95007/240.32 mi-3
£90012/240.41 miElm Avenue, Ashton-on-Ribble, Preston, PR23
£95006/240.45 miWhinfield Lane, Ashton On Ribble, Preston, PR23
£95007/240.6 miThe Campions, Lea, Preston3

Local Area Statistics

Population in PR2

77,713

Population in Preston

286,036

Town centre distance

2.60 miles away

Nearest school

0.10 miles away

Nearest train station

2.07 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-7%

Sales demand

Seller's market

Capital growth (5yrs)

+25%

Property History

Listed for £140,000

March 21, 2025

Floor Plans

Description

  • Fitted Kitchen +
  • In Need Of Some Modernisation +
  • Three Good Sized Bedrooms +
  • Large Living Room +
  • Three Piece Family Bathroom +
  • Ideal First Time Buy Or Buy To Let Investment +
  • End Terrace +

We are proud to offer this three double bedroom end of terrace home. Set in the much sought after location of Ashton. Convenient for access to local amenities, schools, Royal Preston Hospital, main motorway connections, including the new western link and Preston City Centre. The property is perfect for a first time buyer, investment or family home with NO CHAIN DELAY. The property is well maintained throughout, benefiting from gas central heating and double glazing.

Upon entering the property there is a hallway providing access to the living room and kitchen. The kitchen feature plenty of base and wall storage units and space for appliances. The kitchen has access to the hallway where there are two further storage cupboards and door leading to the rear garden. 

To the first floor there are three great sized double bedrooms all serviced by a three piece family bathroom with shower over bath, toilet, and wash hand basin. 

Externally the property benefits from large front driveway, side access to the rear and fully enclosed rear garden. 

This property is sold with no chain and is perfect for a first time buyer or investment opportunity. 

Viewings are highly recommended to appreciate the accommodation on offer, please call Dewhurst Homes for an appointment on .

 

Disclaimer:

These particulars, whilst believed to be correct, do not form any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. All measurements quoted are approximate. Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.These particulars, whilst believed to be correct, do not form any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact. No person in this firm's employment has the authority to make or give any representation or warranty in respect of the property. All measurements quoted are approximate. Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.

Agent Details

Dewhurst Homes, Fulwood

01772 963627

Next Steps?

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