2 Bed Flat, Single Let, Blackpool, FY2 0SZ, £84,950

Warbreck Hill Road, Blackpool, Lancashire, FY2 0SZ - 4 views - 2 years ago

Under Offer
Leasehold
BTL
ROI: 9%
~68 m²
+1 photos

ValuationUndervalued

Sold Prices£51K - £247K
Sold Prices/m²£1K/m² - £2.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.2K/m²

Value Estimate

£92,676
BMV9%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£21,238

Stamp Duty & Legal Fees

£3,749

Total Cash In

£24,986

 

 

Cash Out

 

Rent Range

£542 - £975

Rent Estimate

£579

Running Costs/mo

£401

Cashflow/mo

£178

Cashflow/yr

£2,133

ROI

9%

Gross Yield

8%

Local Sold Prices

43 sold prices from £51K to £247K, average is £82.5K. £1K/m² to £2.2K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£83.5K03/210.44 mi45, Greenbriar Close, Blackpool FY3 7SA2
£80K02/210.65 miFlat 4, Vine Court, Gosforth Road, Blackpool FY2 9UL2
£92K01/230.68 miFlat 5, Argyll Court, Argyll Road, Blackpool FY2 9UF2
£83K03/230.76 mi11, Hampstead Mews, Blackpool FY1 2SG2
£109K01/230.8 miFlat 16, Warbreck Court, Warbreck Hill Road, Blackpool FY2 9SR2
£94K07/230.8 miFlat 4, Warbreck Court, Warbreck Hill Road, Blackpool FY2 9SR2
£91.5K07/210.8 miFlat 1, Warbreck Court, Warbreck Hill Road, Blackpool FY2 9SR2
£97K03/230.8 miFlat 14, Warbreck Court, Warbreck Hill Road, Blackpool FY2 9SR2
£51K11/200.82 mi102, Spencer Court, Blackpool FY1 3TP2
£69K11/210.84 mi34, Bishopsgate, Blackpool FY3 7UP2
£65K02/210.84 mi22, Bishopsgate, Blackpool FY3 7UP2
£59K05/230.85 mi12a, Northfield Avenue, Blackpool FY1 2ND2
£120K06/230.86 mi19, St Thomas Close, Blackpool FY3 7UT2
£247K10/210.9 mi59, Northgate, Bispham, Blackpool FY2 9LT2
£99K08/220.94 mi13, Kingfisher Mews, Poulton-le-fylde, Lancashire FY6 7ZB2
£110K06/230.95 mi7, Kingfisher Mews, Poulton-le-fylde, Lancashire FY6 7ZB2
£85K03/210.95 mi9, Kingfisher Mews, Poulton-le-fylde, Lancashire FY6 7ZB2
£65K10/200.95 mi22, Kingfisher Mews, Poulton-le-fylde, Lancashire FY6 7ZB2
£72K11/200.95 mi25, Kingfisher Mews, Poulton-le-fylde, Lancashire FY6 7ZB2
£78K07/210.95 mi10, Kingfisher Mews, Poulton-le-fylde, Lancashire FY6 7ZB2
£110K08/230.95 mi3, Kingfisher Mews, Poulton-le-fylde, Lancashire FY6 7ZB2
£101K02/230.95 mi12, Kingfisher Mews, Poulton-le-fylde, Lancashire FY6 7ZB2
£73K05/230.96 miFlat 3, Lowther Court, Queens Promenade, Bispham, Blackpool FY2 9NY2
£95K01/230.97 miFlat 16, Queens Court, Queens Promenade, Bispham, Blackpool FY2 9PG2
£80K10/200.97 miFlat 6, Queens Court, Queens Promenade, Blackpool FY2 9PG2
£72.5K10/200.97 miFlat 25, Queens Court, Queens Promenade, Bispham, Blackpool FY2 9PG2
£130K06/230.97 miFlat 12, Queens Court, Queens Promenade, Bispham, Blackpool FY2 9PG2
£97.5K09/220.97 miFlat 7, Anselm Court, Pembroke Avenue, Bispham, Blackpool FY2 9QD2
£52K04/210.97 mi97, Normoss Avenue, Blackpool FY3 7PX2
£102K10/200.99 miFlat 30, Duchess Court, Queens Promenade, Blackpool FY2 9PR2
£102K10/200.99 miFlat 30, Duchess Court, Queens Promenade, Blackpool FY2 9PR2
£82.5K03/230.99 miFlat 29, Duchess Court, Queens Promenade, Bispham, Blackpool FY2 9PR2
£90K03/210.99 miFlat 5, Pembroke Court, Queens Promenade, Blackpool FY2 9PY2
£80K11/210.99 miFlat 38, Pembroke Court, Queens Promenade, Blackpool FY2 9PY2
£75K10/220.99 miFlat 60, Pembroke Court, Queens Promenade, Bispham, Blackpool FY2 9PY2
£71K06/210.99 miFlat 24, Pembroke Court, Queens Promenade, Bispham, Blackpool FY2 9PY2
£85K03/210.99 miFlat 44, Pembroke Court, Queens Promenade, Blackpool FY2 9PY2
£77K04/230.99 miFlat 35, Pembroke Court, Queens Promenade, Bispham, Blackpool FY2 9PY2
£70.5K05/230.99 miFlat 27, Pembroke Court, Queens Promenade, Bispham, Blackpool FY2 9PY2
£65K04/230.99 miFlat 7, Pembroke Court, Queens Promenade, Bispham, Blackpool FY2 9PY2
£82K06/230.99 miFlat 21, Pembroke Court, Queens Promenade, Bispham, Blackpool FY2 9PY2
£76K01/230.99 miFlat 51, Pembroke Court, Queens Promenade, Bispham, Blackpool FY2 9PY2
£64K08/220.99 miFlat 33, Pembroke Court, Queens Promenade, Bispham, Blackpool FY2 9PY2

Local Rents

26 rents from £542/mo to £975/mo, average is £613/mo.

RentDateDistanceAddressBeds 
£60004/240.03 miChelsea Avenue, Blackpool2
£60004/240.03 miChelsea Avenue, Blackpool2
£57504/240.03 miChelsea Avenue, Blackpool2
£65003/250.06 mi-2
£65011/240.07 mi-2
£60012/230.07 mi-2
£54202/240.1 mi-2
£58505/240.1 miBispham Road, Blackpool, FY22
£58505/240.1 miBispham Road, Blackpool, FY22
£58506/240.1 miBispham Road, Blackpool, FY22
£58505/240.1 mi-2
£58505/240.1 mi-2
£58506/240.1 mi-2
£60004/240.19 miHolyoake Avenue, Blackpool, Lancashire, FY22
£75005/240.23 miHurstwood Drive, Bispham, FY2 0WU2
£82505/240.37 miGoodwood Avenue, Blackpool, Lancashire, FY22
£89504/240.38 miRaymond Avenue, Blackpool, Lancashire, FY22
£70004/240.4 miArdmore Road, Blackpool, Lancashire, FY22
£97504/240.45 miCourtfield Avenue, Blackpool, Lancashire, FY22
£60004/240.45 miParbold Close, Mowbray Drive2
£65004/240.5 mi-2
£67504/240.53 miMelrose Avenue, Blackpool, Lancashire, FY32
£64005/240.58 mi-2
£65005/240.58 mi-2
£65004/240.59 miWilford Street, Blackpool2
£62504/240.59 mi-2

Local Area Statistics

Population in FY2

24,589

Population in Blackpool

133,713

Town centre distance

1.64 miles away

Nearest school

0.30 miles away

Nearest train station

0.13 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+50%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £84,950

October 4, 2023

Description

  • SECOND FLOOR FLAT +
  • 2 DOUBLE BEDS +
  • GARAGE +
  • NO CHAIN +

. PURPOSE BUILT SECOND FLOOR FLAT
. TWO DOUBLE BEDROOMS
. UPVC DOUBLE GLAZING & GAS CENTRAL HEATING
. GARAGE
. POPULAR LOCATION
. REQUIRING UPDATING THROUGHOUT

DESCRIPTION Occupying a popular position midway between Blackpool town centre and Bispham Village, this purpose built second floor flat proves wonderfully spacious accommodation. Warmed by gas central heating and complemented by UPVC double glazing, features include communal entrance hall with security intercom and stairs, second floor, landing, entrance hall, large lounge, kitchen with beech style units, two double bedrooms and a bathroom and separate W.C. Outside are communal garden areas and the flat benefits from its own garage.

LOCATION Proceeding out of Blackpool along Devonshire Road to the roundabout junction with Warbreck Hill Road and turn right. Elstree Court is at the bottom on the right.

The accommodation comprises:-

ON THE GROUND FLOOR

COMMUNAL ENTRANCE HALL Security intercom.

ON THE SECOND FLOOR

ENTRANCE HALL Radiator, loft access, utility cupboard which is plumbed for washing machine.

LOUNGE 17'8 X 11'6. Two UPVC double glazed windows, two radiators.

KITCHEN 13'7 X 7'10. Fitted with a range of beech style base units and worktops with bevelled edges incorporating a single bowl, single drainer ceramic sink unit with mixer tsp over, built in oven, hob and hood, tiled splashbacks, matching eye level cupboards, radiator, cupboard housing combi boiler, UPVC double glazed window.

BEDROOM NO 1 14'9 X 13'13'10. UPVC double glazed window, radiator.

BEDROOM NO 2 11'4 X 11'10. UPVC double glazed window, radiator.

BATHROOM Panelled bath with shower over, pedestal wash hand basin, tiled walls, heated chrome style heated towel rail, UPVC double glazed window.

SEPARATE W.C W.C - low suite, UPVC double glazed window.

OUTSIDE

COMMUNAL GARDENS

GARAGE

SERVICES Mains electricity and drainage connected.

TENURE Leasehold.

VIEWINGS Only by prior appointment through Duncan Raistrick Estate Agents. Tel:- - open 7 days a week.

EPC RATING:- C

Agent Details

Duncan Raistrick, Blackpool

01253 835382

Next Steps?

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