# 3 bedroom semi-detached house for sale (PR1 4RB)

## Property Details

| Key | Value |
|-----|-------|
| Address | 38 NEVETT STREET, PRESTON, LANCASHIRE PR1 4RB |
| Price | £50,000 |
| Bedrooms | 3 |
| Last sold | £58,000 Feb 2011 |

## Description

FOR SALE BY AUCTION AT PRESTON NORTH END FOOTBALL GROUND ON 22.02.2011. START TIME 2.00PM. GUIDE PRICE £50,000 +. SEMI DETACHED HOUSE, THREE BEDROOMS & TWO RECEPTION ROOMS. DRIVEWAY PLUS GARDEN TO THE REAR.

Accommodation

Entrance Hall

Door leading into the hall, ceiling light point. Stairs to first floor landing.

Lounge - 4.1m x 5.46m (13'5" x 17'10")

Gas fire and surround, TV aerial point, single glazed windows to the front and rear. Wall mounted lights and ceiling light point.

Kitchen - 3.43m x 3.11m (11'3" x 10'2")

Range of wall and base units with contrasting work surfaces. space for various appliances, Single glazed window and door leading to the rear, part tiled walls.

First Floor Landing

Single glazed window to the front and ceiling light point.

Bedroom One - 3.44m x 3.43m (11'3" x 11'3")

Single glazed window to the front, fitted wardrobes, wall heater and loft access.

Bedroom Two - 3.46m x 3.42m (11'4" x 11'2")

Single glazed window to the rear, built-in storage cupboard, wall heater and ceiling light point.

Bedroom Three - 2.41m x 2.45m (7'10" x 8'0")

Single glazed window to the front, wall heater and ceiling light point.

Bathroom - 1.88m x 1.89m (6'2" x 6'2")

Three piece suite comprising panelled bath with shower over, low level WC and wash hand basin. Fully tiled walls and single glazed window to the rear.

Externally

Front - Driveway providing off street parking for two cars. Rear - Patio area leading out to a mainly laid to lawn garden with mature borders with plants, trees and shrubs.

## Property Photos

- ![External](/listings/photos/32156741/209504) - External
- ![Lounge](/listings/photos/32156741/209507) - Lounge
- ![Kitchen](/listings/photos/32156741/209508) - Kitchen
- ![Rear Garden](/listings/photos/32156741/209509) - Rear Garden

## FENSA Certificates

This property has 1 FENSA certificate(s) on record.

### FENSA Certificate #10269868
- **Address:** 38 Nevett Street, PRESTON, PR1 4RB
- **Certificate Issued:** 06/05/2014
- **Work Completed:** 22/04/2014
- **Items:** 9 window(s), 2 door(s)

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 38 NEVETT STREET, PRESTON, LANCASHIRE, PR1 4RB | £58,000 | 10/02/2011 | Semi-detached |

## Sold Comparables

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| [Same street] 28 NEVETT STREET, PRESTON, LANCASHIRE, PR1 4RB | £47,000 | 19/05/2023 | Terraced |
| 13 CALLON STREET, PRESTON, LANCASHIRE, PR1 4QP | £380,000 | 29/07/2022 | Semi-detached |
| 111 FISHWICK VIEW, PRESTON, LANCASHIRE, PR1 4QS | £107,000 | 20/05/2022 | Semi-detached |
| 6 BRADDON STREET, PRESTON, LANCASHIRE, PR1 4TP | £100,000 | 08/04/2022 | Semi-detached |
| 85 FISHWICK VIEW, PRESTON, LANCASHIRE, PR1 4QS | £120,000 | 21/03/2022 | Semi-detached |
| 9 CLIFFE COURT, PRESTON, LANCASHIRE, PR1 4QB | £139,000 | 11/02/2022 | Semi-detached |
| [Same street] 30 NEVETT STREET, PRESTON, LANCASHIRE, PR1 4RB | £110,000 | 30/07/2021 | Terraced |

**Street average:** £78,500 (2 sales)
**Area average:** £169,200 (5 sales)

## Price vs local average

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

- **Local average:** £216,936 (61 Semi-detached, PR1, 2024–2026)
- **Deviation:** -77%

## Rental Range

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

- **Low:** £702/mo
- **Realistic:** £780/mo
- **Optimistic:** £858/mo

## LHA (Local Housing Allowance)

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

- **LHA floor (this property size):** £648/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 |
|------|------|------|------|------|
| 3 Bed Flat, Stanley Street, PR1 | £1,500/mo | 3 | 0.82 miles | OpenRent |

**Average rent: £1,500/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 3% (strong)
- **Max investor price (0.8%):** £187,500
- **Target investor price (1%):** £150,000

*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 £1,500/mo).*

- **Gross yield:** 36%
- **Cost-to-rent:** 2.8×
- **Monthly cashflow:** £1,128/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 93.4%

*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:** 32.6%
- **10y growth:** 36.3%

## House Price Index (HM Land Registry)

*Official index for Preston; Semi-detached series; as of March 2026.*

- **1y growth (index):** 5.7%
- **5y growth (index):** 26%
- **10y growth (index):** 44.3%

## 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)