2 Bed Flat, Single Let, Preston, PR5 6SU, £115,000

Firbank, Bamber Bridge, Preston, PR5 6SU - 23 days ago

Leasehold
BTL
ROI: 5%
~68 m²
+14 photos

ValuationUndervalued

Sold Prices£80K - £160.3K
Sold Prices/m²£1.3K/m² - £5.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.7K/m²

Value Estimate

£124,870
BMV9%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£28,750

Stamp Duty & Legal Fees

£6,950

Total Cash In

£35,700

 

 

Cash Out

 

Rent Range

£625 - £900

Rent Estimate

£647

Running Costs/mo

£509

Cashflow/mo

£138

Cashflow/yr

£1,659

ROI

5%

Gross Yield

7%

Local Sold Prices

35 sold prices from £80K to £160.3K, average is £108K. £1.3K/m² to £5.8K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£110K07/220 mi33, Firbank, Bamber Bridge, Preston, Lancashire PR5 6SU2
£98K04/210.03 mi24, Firbank, Bamber Bridge, Preston, Lancashire PR5 6SU2
£115K12/220.03 mi29, Firbank, Bamber Bridge, Preston, Lancashire PR5 6SU2
£107K01/230.03 mi60, Firbank, Bamber Bridge, Preston, Lancashire PR5 6SU2
£105K04/220.03 mi32, Firbank, Bamber Bridge, Preston, Lancashire PR5 6SU2
£120K04/230.03 mi2, Firbank, Bamber Bridge, Preston, Lancashire PR5 6SU2
£106K07/230.03 mi47, Firbank, Bamber Bridge, Preston, Lancashire PR5 6SU2
£90K08/220.03 mi37, Firbank, Bamber Bridge, Preston, Lancashire PR5 6SU2
£107K07/220.07 mi5, Baxendale Grove, Bamber Bridge, Preston, Lancashire PR5 6SZ2
£120K10/220.07 mi6, Baxendale Grove, Bamber Bridge, Preston, Lancashire PR5 6SZ2
£100K02/210.07 mi8, Baxendale Grove, Bamber Bridge, Preston, Lancashire PR5 6SZ2
£122.5K08/220.07 mi11, Baxendale Grove, Bamber Bridge, Preston, Lancashire PR5 6SZ2
£105K06/230.07 mi4, Baxendale Grove, Bamber Bridge, Preston, Lancashire PR5 6SZ2
£120K10/200.15 mi10, Dean Court, Bamber Bridge, Preston, Lancashire PR5 6TF2
£100K08/210.41 mi1, Grove Street, Bamber Bridge, Preston, Lancashire PR5 6LN2
£100K08/210.41 mi1, Grove Street, Bamber Bridge, Preston, Lancashire PR5 6LN2
£83K06/220.44 mi27, Duke Street, Bamber Bridge, Preston, Lancashire PR5 6ET2
£135K03/210.45 mi17, Townsway, Lostock Hall, Preston, Lancashire PR5 5YQ2
£160.3K10/210.57 mi3, Bridge End, Lostock Hall, Preston, Lancashire PR5 5YH2
£108K05/220.83 mi188, Holland House Road, Walton Le Dale, Preston, Lancashire PR5 4HY2
£100K09/210.83 mi198, Holland House Road, Walton Le Dale, Preston, Lancashire PR5 4HY2
£110K04/210.83 mi206, Holland House Road, Walton Le Dale, Preston, Lancashire PR5 4HY2
£105K07/210.84 mi36, Dorchester Avenue, Walton Le Dale, Preston, Lancashire PR5 4PE2
£116K09/230.84 mi39, Dorchester Avenue, Walton Le Dale, Preston, Lancashire PR5 4PE2
£126K11/200.84 mi16, Dorchester Avenue, Walton Le Dale, Preston, Lancashire PR5 4PE2
£128K05/230.84 mi86, Holland House Road, Walton Le Dale, Preston, Lancashire PR5 4JG2
£131K05/230.84 mi86a, Holland House Road, Walton Le Dale, Preston, Lancashire PR5 4JG2
£80K11/220.85 mi4, St James Court, Lostock Hall, Preston, Lancashire PR5 5QY2
£152K07/230.86 mi18, Abbotts Close, Walton Le Dale, Preston, Lancashire PR5 4NU2
£116K09/220.86 mi22, Abbotts Close, Walton Le Dale, Preston, Lancashire PR5 4NU2
£150K09/220.86 mi14, Abbotts Close, Walton Le Dale, Preston, Lancashire PR5 4NU2
£115K05/230.86 mi52, Fareham Close, Walton Le Dale, Preston, Lancashire PR5 4JX2
£102K07/220.87 mi182, Holland House Road, Walton Le Dale, Preston, Lancashire PR5 4HY2
£108K03/220.87 mi184, Holland House Road, Walton Le Dale, Preston, Lancashire PR5 4HY2
£104K06/210.89 mi7, Halliwell Heights, Walton Le Dale, Preston, Lancashire PR5 4NT2

Local Rents

16 rents from £625/mo to £900/mo, average is £785/mo.

RentDateDistanceAddressBeds 
£77506/240.03 mi-2
£85002/240.05 mi-2
£80012/240.05 mi-2
£89512/240.05 mi-2
£77501/250.07 mi-2
£75006/240.22 miSt Marys Road, Bamber Bridge, Preston2
£80006/240.28 mi-2
£85002/240.38 mi-2
£65012/240.44 mi-2
£90012/240.45 miDuddle Lane, Walton-Le-Dale, Preston, PR52
£62506/240.48 miStation Road, PR52
£72512/240.5 mi-2
£79512/240.52 miSkipton Close, Bamber Bridge2
£70001/250.53 mi-2
£62506/240.54 miStation Road, Bamber Bridge, Preston PR52
£85006/240.57 miBridge End, PR52

Local Area Statistics

Population in PR5

40,828

Population in Preston

286,036

Town centre distance

2.86 miles away

Nearest school

0.20 miles away

Nearest train station

0.37 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+1%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £115,000

March 24, 2025

Floor Plans

Description

  • Two Bedroom +
  • Ground Floor Apartment +
  • First Time Buyers +
  • Convenient Location +
  • Excellent Travel Links +
  • Must Be Viewed +
  • EPC Rating C +
  • Approx 611 SQ.FT +

Ben Rose Estate Agents are pleased to present to market this well-presented, two-bedroom, ground-floor apartment in the heart of Bamber Bridge. Ideal for first-time buyers, this delightful home offers a blend of modern comfort and convenience, situated in a sought-after location with excellent transport links. The property benefits from easy access to Preston city centre and the nearby Capitol Centre retail park, providing a wealth of shopping, dining, and leisure options. Bamber Bridge train station is only a short distance away, offering direct connections to Preston and beyond, while the M6, M61, and M65 motorways are all easily accessible, making this an excellent choice for commuters. The area also boasts local amenities, including supermarkets, parks, and well-regarded schools.

Upon entering the apartment, you are welcomed by a spacious main hallway that provides access to all rooms. The generous lounge/diner is filled with natural light from the charming bay window, creating a bright and airy space perfect for relaxing or entertaining guests. The modern-designed kitchen is fitted with sleek cabinetry, an integrated oven and hob, and space for additional freestanding appliances. The master bedroom is a comfortable double, benefitting from its own en-suite shower room for added privacy and convenience. The second bedroom is a versatile space, suitable for use as a guest room, home office, or dressing room, catering to a variety of lifestyle needs. Completing the interior is the contemporary three-piece family bathroom,

Externally, the property benefits from an allocated parking bay, with additional visitor bays available around the development. The well-maintained communal grounds offer a pleasant setting, with green spaces enhancing the overall appeal of the area.

This fantastic apartment presents an excellent opportunity for first-time buyers looking for a stylish and conveniently located home with great connectivity and amenities nearby.

Agent Details

Ben Rose, Bamber Bridge

01789 335881

Next Steps?

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