2 bedroom end of terrace house
Queensway, Warton, Preston, PR4 1XU
£125,000
Added on: 26th March 2025 (14 days on market)Property features
Area research for PR4
Sales (Past 12 months)
| Avg asking price | Avg sold price | Asking to sold price % Percentage of sold price to asking price. A lower percentage indicates more of a buyer's market, i.e. lower demand. A higher percentage indicates a sellers market, i.e. demand is higher and pushing prices up. | Avg £/sqft | Sales per month |
|---|---|---|---|---|
| £374,272 | £194,684 | 52.0% | £171 | 52 |
Rentals
| Avg asking rent pm | Avg yield |
|---|---|
| £928 | 6% |
Growth
| 1 year | 3 year | 5 year |
|---|---|---|
| -48.7% | -42.5% | -39.9% |
Comparables for
bedroom within miles
of Queensway, Warton, Preston, PR4 1XU
Tempo are pleased to bring to the market this two bedroom end of terraced house. Situated off Harbour Lane in Warton in a convenient and popular residential location. Close to a range of local schools, amenities and transport links to Lytham, Preston and surrounding areas. Property briefly comprises: Lounge, Kitchen, Two Bedroom and Bathroom. Enclosed garden to the rear and garage providing off road parking. Property is currently tenanted until May 2025, pictures taken are pre-tenancy.
Lounge - L shaped lounge with uPVC window, ceiling light and panel radiator.
Kitchen - Fully fitted kitchen with eye and base level units, contrasting worktops and tiled splashback. Built in oven with four ring hob and cooker hood above. 1.5 stainless steel sink, uPVC window and ceiling light. Dining area with panel radiator, uPVC window and double doors leading to rear garden.
Bedroom One - Double bedroom with panel radiator, ceiling light and uPVC window.
Bedroom Two - Second bedroom with uPVC window, ceiling light, panel radiator and built in storage cupboard.
Bathroom - Three piece suite in white comprising: low flush WC, hand wash basin with pedestal and panel bath with overhead shower and shower screen. Tiled walls, lino flooring, ceiling light and two uPVC frosted windows.
Exterior - Enclosed rear garden with decking area, laid to lawn and paved pathway. Detached garage providing off road parking.
Laid to lawn area to the front with paved path.
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Rental type
Indicative return
| Monthly cashflow Cashflow is the amount of income left after all costs are paid. | £299 |
| Return on investment Return on investment (ROI) is how much profit is made as a percentage of the initial cost on a yearly basis. The percentage ROI is the net profit divided by the total initial investment. Higher is better | 9.23% |
| Rental yield Rental yield is annual rental income expressed as a percentage of the total property value. Rental yield can be used as a benchmark figure when comparing buy-to-let properties. | 8.08% |
Investment
| Purchase price (95% asking price) | £ |
| Mortgage deposit (25%) | £ |
| Stamp Duty Land Tax | £3,563 |
| Legal, professional and sourcing fee | £ |
| Development and refurb | £ |
| Furniture and furnishings | £ |
| Total investment | £38,851 |
Income
| Number of bedrooms | |
| Rent per room | £ |
| Total monthly rental income | £800 |
Costs
| Mortgage interest rate | % |
| Monthly mortgage payments (Interest only) | £371 |
| Service charges / Utilities | £ |
| Letting fees | £ |
| Corporation tax This assumes you will be buying via an SPV (a Special Purpose Vehicle) 19% of income less costs | £70 |
| Total monthly costs | £501 |
Activity log
| 27th March 2025 (14 days ago) | Status: For sale |
| 27th March 2025 (14 days ago) | Price: £125,000 |
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