Spendmore Lane, Coppull, PR7 5DE
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Spendmore Lane, Coppull, PR7 5DE

By Home Truths

£ 225,000

Reviews

2 out of 5 stars

Home Truths says ..

A rare opportunity to purchase a block of three rental properties with a combined rental income generating a gross return of 8.4% and two with tenants in situ. This combination of properties offers plenty of potential. Please note that the properties are being sold together.

Property Oracle says ..

Coppull, Chorley, Lancashire Property Analysis

The property at Spendmore Lane, Coppull is a 5 bedroom, 3 bathroom house with a list price of £225,000. The property is situated in a convenient location with several primary schools within a short distance, including Coppull Primary School and Nursery (0.04km), Coppull Children’s Centre (0.21km), and St Oswald’s Catholic Primary School (0.71km). All three schools have a good Ofsted rating. Several train stations are also within reasonable commuting distance, offering links to other towns and cities.

Based on the provided images, the property appears to be in generally good condition. While some areas show signs of wear, such as the carpets and some wall coverings, the overall presentation suggests the property is habitable and well-maintained. There is no evidence of major structural damage or significant repairs needed. The property benefits from a recently updated kitchen and bathroom.

The plot size is listed as 0.00 sqft, indicating a lack of garden space. This is a significant drawback, particularly when considering the average plot size in the area and the preferences of many buyers.

Considering the list price of £225,000 against the average house price in the area of £515,185 and the average price per sqft of £553, this property appears to be significantly underpriced. However, the lack of plot size and the need for some cosmetic updates to bring the property completely up-to-date should be taken into account. The nearby comparable properties listed do not provide sufficient data to make a more accurate assessment of the price.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
7
Location
7
Land
1
Bedrooms
5
Bathrooms
3
Sqft (est)
1,343.66

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
445,205.00 £
Decreased by 3.69 %
from 462,259.00 £
Est sale value
866,660.70 £
Increased by 20.34 %
from 720,201.76 £
Average area rental value
1,836.00 £/mo
Increased by 4.79 %
from 1,752.00 £/mo
Est letting value
2,687.32 £/mo
Unchanged by 0.00 %
from 2,687.32 £/mo
Est rental Yield
4.95 %
Increased by 8.79 %
from 4.55 %
Crime Rate
58.00 %
Unchanged by 0.00 %
from 58.00 %

Agent Activity

  • Home Truths created the listing.

Nearby Schools

NameTypeOfstedDistance
Coppull Primary School And NurseryCommunity SchoolGood0.04 KM
Coppull Children'S CentreChildren's Centre0.21 KM
St Oswald'S Catholic Primary School, CoppullVoluntary Aided SchoolGood0.71 KM
Coppull Parish Church Of England Primary SchoolVoluntary Aided SchoolGood1.17 KM
Coppull St John'S Church Of England Voluntary Aided Primary SchoolVoluntary Aided SchoolGood1.48 KM

Images

Three properties Living Room Bedroom 4 First floor flat Living Room Bathroom First floor flat First floor flat Bedroom 1 Bedroom 2 Bedroom 3 Ground floor flat Ground floor flat Ground floor flat Ground floor flat Ground floor flat Ground floor flat Ground floor flat Ground floor flat

Nearby Streets

NameAverage PriceAverage SqftDistance
St. Oswalds Court £ 274,99500.00 KM
Springfield Road £ 185,00000.00 KM
Tan Yard Close £ 000.00 KM
Meadow Way £ 000.00 KM
Railway Gardens £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Euxton Balshaw Lane2080EBA4.41 KM
Chorley2745CRL5.49 KM
Buckshaw Parkway7501BSV5.80 KM
Adlington (Lancashire)2641ADL6.94 KM
Gathurst2397GST7.60 KM

Nearby Listings

AddressPriceTypeScoreDistance
Spendmore Lane, Coppull, PR7 5DE £ 225,000BUY5 / 100.00 KM
Darlington Street, Coppull, Lancashire, PR7 5AB £ 269,995BUY7 / 100.14 KM
Darlington Street, Coppull, Lancashire, PR7 5AB £ 357,995BUY6 / 100.14 KM
Darlington Street, Coppull, Lancashire, PR7 5AB £ 299,995BUY7 / 100.14 KM
Darlington Street, Coppull, Lancashire, PR7 5AB £ 407,995BUYUnknown0.14 KM

Nearby Properties

AddressPriceDistance
4 John Street £ 120,0000.04 KM
2 John Street £ 120,0000.04 KM
12 John Street £ 91,0000.05 KM
3 John Street £ 100,0000.05 KM
6 John Street £ 62,0000.05 KM