Sold STC Terraced

47 FRENCHWOOD STREET

PRESTON, LANCASHIRE PR1 3SU

2 beds 110 m² Listed 23 Apr 2021 (-1891d)

£75,000

Guide Price

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# 2 bedroom terraced house for sale (PR1 3SU)

## Property Details

| Key | Value |
|-----|-------|
| Address | 47 FRENCHWOOD STREET, PRESTON, LANCASHIRE PR1 3SU |
| Price | £75,000 |
| Bedrooms | 2 |
| Last sold | £97,000 Jun 2021 |

## Description

A two bedroom Mid Terrace House In need of refurbishment

A Two Bedroom Mid Terrace House In Need Of some refurbishment

A two bedroom mid terrace house

Accommodation

Internally, the accommodation comprises ; entrance hallway, lounge, dining room, kitchen (with access to the cellar) and downstairs wet room. First floor – two double bedrooms, bathroom and separate w/c. potential to create a third bedroom from bathroom and w/c.  Yard to the rear and permit parking to the front .

We have taken the Net Internal Floor Areas from the Energy Performance Certificate (EPC) as follows:: 110 sq m (1,184 sq ft)

Location

Situated a short walking distance from Preston City centre , Winckley Square and Avenham Park. Also close to local schools and transport link

Tenancy

Vacant

Tenure

See legal pack

Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.

**Tenure**

See Legal Pack

**EPC Rating: **E

**Additional Fees**

**Administration Charge: **1.5% inc VAT of the purchase price, subject to a minimum of £1500 inc VAT, payable on exchange of contracts.

**Disbursements: **Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion

## Property Photos

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## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 47 FRENCHWOOD STREET, PRESTON, LANCASHIRE, PR1 3SU | £97,000 | 18/06/2021 | Terraced |
| 47 FRENCHWOOD STREET, PRESTON, LANCASHIRE, PR1 3SU | £28,700 | 10/12/1999 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 3 FRENCHWOOD STREET, PRESTON, LANCASHIRE, PR1 3ST | £105,500 | 09/01/2026 | Terraced |
| 14 BANK PARADE, PRESTON, LANCASHIRE, PR1 3TA | £366,000 | 25/08/2023 | Terraced |
| 19 GREAT AVENHAM STREET, PRESTON, LANCASHIRE, PR1 3TD | £106,000 | 05/05/2023 | Terraced |
| 28 LATHAM STREET, PRESTON, LANCASHIRE, PR1 3TE | £249,999 | 04/05/2023 | Terraced |
| 47 CHADDOCK STREET, PRESTON, LANCASHIRE, PR1 3TL | £132,000 | 22/11/2022 | Terraced |
| 67 FRENCHWOOD STREET, PRESTON, LANCASHIRE, PR1 3SU | £95,000 | 08/09/2022 | Terraced |
| 16 GREAT AVENHAM STREET, PRESTON, LANCASHIRE, PR1 3TD | £140,000 | 29/07/2022 | Terraced |
| 46 AVENHAM ROAD, PRESTON, LANCASHIRE, PR1 3TH | £70,000 | 30/06/2022 | Terraced |
| 47 AVENHAM ROAD, PRESTON, LANCASHIRE, PR1 3TH | £70,000 | 30/06/2022 | Terraced |
| 28 FRENCHWOOD STREET, PRESTON, LANCASHIRE, PR1 3ST | £160,000 | 17/06/2022 | Terraced |
| 1 AVENHAM ROAD, PRESTON, LANCASHIRE, PR1 3TH | £65,000 | 11/02/2022 | Terraced |
| 12 BANK PARADE, PRESTON, LANCASHIRE, PR1 3TA | £380,000 | 04/02/2022 | Terraced |
| 4 AVENHAM PLACE, PRESTON, LANCASHIRE, PR1 3SX | £122,500 | 22/01/2022 | Terraced |
| 17A AVENHAM ROAD, PRESTON, LANCASHIRE, PR1 3TH | £64,000 | 15/10/2021 | Terraced |
| 28 CHADDOCK STREET, PRESTON, LANCASHIRE, PR1 3TL | £175,000 | 22/09/2021 | Terraced |

**Area average:** £153,400 (15 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £128,859 (98 Terraced, PR1, 2024–2026)
- **Deviation:** -41.8%

## Rental Range

*ONS Price Index of Private Rents (Preston). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £704/mo
- **Realistic:** £782/mo
- **Optimistic:** £860/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Central Lancs (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £573/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Terraced House, Avenham Terrace, PR1 | £1,299/mo | 2 | 0.07 miles | OpenRent |
| 2 Bed Flat, Guildhall Street, PR1 | £3,000/mo | 2 | 0.24 miles | OpenRent |
| 2 Bed Flat, Waltons Parade, PR1 | £1,127/mo | 2 | 0.57 miles | OpenRent |

**Average rent: £1,809/mo (3 listings)**

## 1% Rule

- **Rent ratio:** 1.73% (strong)
- **Max investor price (0.8%):** £162,375
- **Target investor price (1%):** £129,900

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,299/mo).*

- **Gross yield:** 20.8%
- **Cost-to-rent:** 4.8×
- **Monthly cashflow:** £849/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 46.8%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 24.3%
- **10y growth:** 48%

## House Price Index (HM Land Registry)

*Official index for Preston; Terraced series; as of March 2026.*

- **1y growth (index):** 5.3%
- **5y growth (index):** 26.8%
- **10y growth (index):** 46.4%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

Listing type

Auction

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Property details

Listing category

Auction

Floor area

110 m²

Last sold

£97,000 Jun 2021

Local average

£128,859 (-41.8%)

Deprivation

Decile 2 (5,778 of 33,755)

Street crime

599 incidents within 1 mile (Apr 2026)

Key features

Auction date: 18th to 20th May 2021 - Online Auction

Additional details

Parking: Yes
Garden: Yes

Description

A two bedroom Mid Terrace House In need of refurbishment

A Two Bedroom Mid Terrace House In Need Of some refurbishment

A two bedroom mid terrace house

Accommodation
Internally, the accommodation comprises ; entrance hallway, lounge, dining room, kitchen (with access to the cellar) and downstairs wet room. First floor – two double bedrooms, bathroom and separate w/c. potential to create a third bedroom from bathroom and w/c. Yard to the rear and permit parking to the front .

We have taken the Net Internal Floor Areas from the Energy Performance Certificate (EPC) as follows:: 110 sq m (1,184 sq ft)
Location
Situated a short walking distance from Preston City centre , Winckley Square and Avenham Park. Also close to local schools and transport link

Tenancy
Vacant

Tenure
See legal pack

Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.

Tenure
See Legal Pack
EPC Rating: E
Additional Fees
Administration Charge: 1.5% inc VAT of the purchase price, subject to a minimum of £1500 inc VAT, payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion

Listed by

Fulwood

Farrell Heyworth

Reference: 79830672

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Price history

238% since 1999

Event	Date	Price	% change
Sold	18/06/2021 (5 years ago)	£97,000	+238%
Sold	10/12/1999 (26 years ago)	£28,700	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
3 FRENCHWOOD STREET, PRESTON, LANCASHIRE, PR1 3ST	£105,500	09/01/2026	Terraced
14 BANK PARADE, PRESTON, LANCASHIRE, PR1 3TA	£366,000	25/08/2023	Terraced
19 GREAT AVENHAM STREET, PRESTON, LANCASHIRE, PR1 3TD	£106,000	05/05/2023	Terraced
28 LATHAM STREET, PRESTON, LANCASHIRE, PR1 3TE	£249,999	04/05/2023	Terraced
47 CHADDOCK STREET, PRESTON, LANCASHIRE, PR1 3TL	£132,000	22/11/2022	Terraced
67 FRENCHWOOD STREET, PRESTON, LANCASHIRE, PR1 3SU	£95,000	08/09/2022	Terraced
16 GREAT AVENHAM STREET, PRESTON, LANCASHIRE, PR1 3TD	£140,000	29/07/2022	Terraced
46 AVENHAM ROAD, PRESTON, LANCASHIRE, PR1 3TH	£70,000	30/06/2022	Terraced
47 AVENHAM ROAD, PRESTON, LANCASHIRE, PR1 3TH	£70,000	30/06/2022	Terraced
28 FRENCHWOOD STREET, PRESTON, LANCASHIRE, PR1 3ST	£160,000	17/06/2022	Terraced
1 AVENHAM ROAD, PRESTON, LANCASHIRE, PR1 3TH	£65,000	11/02/2022	Terraced
12 BANK PARADE, PRESTON, LANCASHIRE, PR1 3TA	£380,000	04/02/2022	Terraced
4 AVENHAM PLACE, PRESTON, LANCASHIRE, PR1 3SX	£122,500	22/01/2022	Terraced
17A AVENHAM ROAD, PRESTON, LANCASHIRE, PR1 3TH	£64,000	15/10/2021	Terraced
28 CHADDOCK STREET, PRESTON, LANCASHIRE, PR1 3TL	£175,000	22/09/2021	Terraced

Area average: £153,400 (15 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 24.3%

10y growth 48%

House Price Index (HM Land Registry — official index, not sold-price averages): Preston. Series: Terraced. As of March 2026.

1y (index) 5.3%

5y (index) 26.8%

10y (index) 46.4%

Rental Range

Estimated market rent for Preston. Low = conservative, Realistic = average, Optimistic = best case.

Low £704/mo

Realistic £782/mo

Optimistic £860/mo

Based on Local Authority from postcode lookup → Preston.

LHA (30th percentile) floor for Central Lancs: £573/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View PR1 3SU

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Shop	AA Newsagents	0.2 miles
Shop	London Gents Barber	0.3 miles
Bus stop	Frenchwood N2 Cardinal Newman College	0.3 miles
Bus stop	Preston City Centre Stand G Lava Ignite	0.3 miles
Train station	Preston	0.5 miles
Train station	Lostock Hall	2.1 miles
Hospital	Ramsay Fulwood Hall Hospital	2.2 miles
Hospital	Greater Lancashire Hospital	3.0 miles
University	Westleigh Conference Centre	3.3 miles

Street-level crime

Category	Count
Violence and sexual offences	208
Anti-social behaviour	103
Shoplifting	52
Public order	51
Other theft	44
Criminal damage and arson	40
Drugs	25
Vehicle crime	19
Burglary	14
Other crime	12
Bicycle theft	10
Possession of weapons	10
Robbery	6
Theft from the person	5
Total incidents	599

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Imam Muhammad Zakariya School	Other	0.2 miles	Good — 2 Apr 2024
St Augustine's Catholic Primary School, Preston	Primary	0.2 miles	Good — 27 Feb 2012
Stoneygate Nursery School	Nursery	0.2 miles	Good — 9 Jun 2019
Frenchwood Community Primary School	Primary	0.3 miles	Requires improvement — 14 Sep 2023
Cardinal Newman College	Other	0.3 miles	— (No rating)

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
2 Bed Terraced House, Avenham Terrace, PR1	£1,299/mo	2	0.07 miles	OpenRent
2 Bed Flat, Guildhall Street, PR1	£3,000/mo	2	0.24 miles	OpenRent
2 Bed Flat, Waltons Parade, PR1	£1,127/mo	2	0.57 miles	OpenRent

Average rent: £1,809/mo (3 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 1.73%

Max investor price (0.8%) £162,375

Target investor price (1%) £129,900

Gross yield 20.8%

Cost-to-rent ratio 4.8×

Monthly cashflow £849/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 46.8%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).