WARD STREET - PR5

Only a short walk to Lostock Hall railway station and close to the M56 and M6 motorways as well as a large Amazon distribution facility, this two bed freehold mid terraced house is in an area of high rental demand. With work needed to bring the property up to a good standard, achievable end values could be as much as £130,000 with achievable rental yield over 7%.

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Financial Breakdown

Quick Sale Price: £100,000
Deposit: £25,000
Est Rent PCM: £595
Mortgage Payment PCM: £187.50

NET Profit PCM: £407.50
NET Profit PA: £4,890.00
NET Yield 7.1%
NET ROI 19.5% 

Ward Street

Preston

PR5 5HR

Potential Market Value £125,000

Purchase Price £100,000

Discount £25,000

20% BMV

Launched February 2022