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 %
- Est sale value
- 866,660.70 £Increased by 20.34 %
- Average area rental value
- 1,836.00 £/moIncreased by 4.79 %
- Est letting value
- 2,687.32 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.95 %Increased by 8.79 %
- Crime Rate
- 58.00 %Unchanged by 0.00 %
Agent Activity
Home Truths created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Coppull Primary School And Nursery | Community School | Good | 0.04 KM |
| Coppull Children'S Centre | Children's Centre | 0.21 KM | |
| St Oswald'S Catholic Primary School, Coppull | Voluntary Aided School | Good | 0.71 KM |
| Coppull Parish Church Of England Primary School | Voluntary Aided School | Good | 1.17 KM |
| Coppull St John'S Church Of England Voluntary Aided Primary School | Voluntary Aided School | Good | 1.48 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| St. Oswalds Court | £ 274,995 | 0 | 0.00 KM |
| Springfield Road | £ 185,000 | 0 | 0.00 KM |
| Tan Yard Close | £ 0 | 0 | 0.00 KM |
| Meadow Way | £ 0 | 0 | 0.00 KM |
| Railway Gardens | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Euxton Balshaw Lane | 2080 | EBA | 4.41 KM |
| Chorley | 2745 | CRL | 5.49 KM |
| Buckshaw Parkway | 7501 | BSV | 5.80 KM |
| Adlington (Lancashire) | 2641 | ADL | 6.94 KM |
| Gathurst | 2397 | GST | 7.60 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Spendmore Lane, Coppull, PR7 5DE | £ 225,000 | BUY | 5 / 10 | 0.00 KM |
| Darlington Street, Coppull, Lancashire, PR7 5AB | £ 269,995 | BUY | 7 / 10 | 0.14 KM |
| Darlington Street, Coppull, Lancashire, PR7 5AB | £ 357,995 | BUY | 6 / 10 | 0.14 KM |
| Darlington Street, Coppull, Lancashire, PR7 5AB | £ 299,995 | BUY | 7 / 10 | 0.14 KM |
| Darlington Street, Coppull, Lancashire, PR7 5AB | £ 407,995 | BUY | Unknown | 0.14 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 4 John Street | £ 120,000 | 0.04 KM |
| 2 John Street | £ 120,000 | 0.04 KM |
| 12 John Street | £ 91,000 | 0.05 KM |
| 3 John Street | £ 100,000 | 0.05 KM |
| 6 John Street | £ 62,000 | 0.05 KM |