6 Bed Terraced House, Cash/Bridging Only, Blackpool, FY2 9JX, £125,000

33 Hesketh Avenue, Blackpool, FY2 9JX - 8 views - a year ago

Sold STC
Auction
Cash
199 m²
+19 photos

ValuationUndervalued

Sold Prices£132K - £1.3M
Sold Prices/m²£917/m² - £2.8K/m²

 

 

Square Metres

199 m²
Price/m²£628/m²

Value Estimate

£131,300
BMV1%

 

 

End Value (After Refurb)

£292,647

Uplift in Value

+125%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£31,250

Stamp Duty & Legal Fees

£5,100

Refurb Costs

£81,312

Bridging Loan Interest

£3,281

Total Cash In

£122,693

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£292,647

Agent Fees (1%)

£2,926

Bridging Loan

£93,750

Bridging Loan Interest

£3,281

Flip Profit

£73,278

Local Sold Prices

11 sold prices from £132K to £1.3M, average is £377.5K. £917/m² to £2.8K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£377.5K11/200.94 mi3, Regency Gardens, Blackpool FY2 0WX6
£154K04/211.05 mi24, Warbreck Hill Road, Blackpool FY2 9SP6
£155K11/201.14 mi34, Hodgson Road, Blackpool FY1 2LZ6
£167.5K12/222.25 mi103, Newton Drive, Blackpool FY3 8LZ6
£132K12/222.31 mi84, Regent Road, Blackpool FY1 4NB6
£315K11/222.38 mi149, Hornby Road, Blackpool FY1 4JG6
£550K06/212.4 mi23, Lockwood Avenue, Poulton-le-fylde, Lancashire FY6 7AB6
£940K02/212.49 mi103, Hardhorn Road, Poulton-le-fylde, Lancashire FY6 8AY6
£750K08/212.65 mi20, Station Road, Thornton-cleveleys, Lancashire FY5 5HY6
£1.0M02/232.96 mi314, Hardhorn Road, Poulton-le-fylde, Lancashire FY6 8DH6
£1.3M05/212.96 mi326, Hardhorn Road, Poulton-le-fylde, Lancashire FY6 8DH6

Local Rents

38 rents from £650/mo to £1.4K/mo, average is £968/mo.

RentDateDistanceAddressBeds 
£1,15004/240.09 miCliff Place, Bispham5
£1,15005/240.09 mi3 Cliff Place, Bispham, Blackpool. FY2 9JT3
£89504/240.09 miEdenvale Avenue, FY23
£89505/240.15 miCavendish Road, FY23
£89504/240.22 miAdmiral Gardens, Bispham3
£1,30001/250.26 mi-4
£96003/250.26 mi-4
£1,35001/250.26 mi-4
£85005/240.27 miSandhurst Avenue, Bispham, FY2 9EB3
£90012/230.28 mi-3
£97503/250.28 mi-3
£99504/240.29 mi-3
£89504/240.29 mi-3
£99504/240.29 mi-3
£99504/240.29 mi-3
£99505/240.29 mi-3
£1,25006/240.34 mi-3
£1,15006/240.34 mi-3
£1,25003/250.34 mi-3
£1,25004/240.34 miMontpelier Avenue, Blackpool, FY23
£1,15005/240.34 miMontpelier Avenue, Blackpool, FY23
£1,15005/240.34 miMontpelier Avenue, Blackpool, FY23
£1,20004/240.34 mi-3
£85004/240.48 miDevonshire Road, Bispham3
£65004/240.48 mi340 Queens Promenade, Blackpool3
£1,20011/230.48 mi-5
£92504/240.5 miInver Road, Blackpool, FY2 0LW3
£87504/240.5 miInver Road, Blackpool, FY2 0LW3
£87505/240.5 miInver Road, Blackpool, FY2 0LW3
£85004/240.51 mi-3
£92505/240.51 miInver Road, Blackpool, Lancashire3
£1,00004/240.52 miDevonshire Road, Bispham, Blackpool3
£69504/240.54 miDales View, Queens Promenade, Blackpool, FY2 9AB3
£89505/240.54 mi-3
£89505/240.54 mi-3
£89505/240.54 mi-3
£95002/250.55 mi-3
£1,10005/240.57 miRivington Avenue, Bispham, Blackpool3

Local Area Statistics

Population in FY2

24,589

Population in Blackpool

133,713

Town centre distance

2.80 miles away

Nearest school

0.50 miles away

Nearest train station

1.30 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+50%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Price changed to £125,000

December 4, 2024

Listed for £130,000

December 19, 2023

Sold for £136,000

2020

Sold for £143,000

2006

Sold for £40,000

1995

Floor Plans

Description

  • Buyer’s fees apply +
  • Buy-it-now option available +
  • Being sold by GOTO online auction +
  • Currently Set Out As A Six / Seven Bedroom Home +
  • Open Plan, Approx 30ft Lounge Diner, 20ft Kitchen Breakfast Area +
  • Basement; Two Rooms Plus Ideal Kitchen & Bathroom Space +
  • Four Bedrooms To The First Floor With Bathroom & Extra WC +
  • Two Double Bedrooms To The Second Floor +
  • Enclosed Garden, Off Street Parking +
  • Ideal Investment Opportunity, NO CHAIN +

Being Sold by YOPA Online Auction Starting Bids from £130,000 Buy it now option available Please call or visit YOPA Online Auctions for more information. YOPA Online Auctions is a new, innovative and pioneering platform for buying and selling property. Open to both cash and mortgage buyers. It provides all the benefits synonymous with traditional auctions, including: speed and certainty of sale, transparency and zero risk of gazumping or double-selling but with the added advantage of being able to bid pressure-free from the comfort of your own home or office via desktop, tablet or mobile phone. YOPA also offer a Buy-it-Now feature which allows you to place an offer and purchase before the Auction end date. If you request a viewing of this property or make an offer, then you agree that your personal information (name and contact details) will be shared with  GOTO Auctions (YOPA’s Online Auction partner) to enable them to ensure that you understand the auction process. To book a viewing visit YOPA. **
A VERSITILE 6 BEDROOM HOME - BASEMENT PERFECT FOR A SELF CONTAINED FLAT - 30FT LOUNGE DINER - 20FT KITCHEN BREAKFAST ROOM - BEDROOM & LOUNGE TO THE BASEMENT WITH IDEAL KITCHEN & BATHROOM SPACE - 4 BEDROOMS & BATHROOM, PLUS WC TO THE FIRST FLOOR - 2 BEDROOMS TO THE SECOND FLOOR - NO CHAIN - PARKING
** Entrance Hallway - Laminate flooring, radiator, stairs to the first floor and stairs to the basement. Lounge 4.95 (into bay) x 3.86m - Double glazed bay window to the front, fitted carpet, radiator and electric fire. Opening into; Dining Room 4.08m x 3.34m - Double glazed window to the rear, fitted carpet and radiator. Kitchen Diner 6.65m x 3.16m - A range of wall and base units with complimentary work surfaces over, inset 1.5 stainless steel sink unit, eye level oven and grill, inset gas hob with extractor over, space for fridge freezer and plumbing for washing machine, laminate flooring and double glazed window to the side and rear and door to the side giving access to the rear garden. BASEMENT Room One 3.83m x 3.15m - Fitted carpet and two radiators. Room Two 3.71m x 3.16m - Double glazed window to the side, radiator and fitted carpet. Room Three 3.88m x 2.03m - Door to the rear, ideal to be a kitchen area. Two further rooms feed off this room, one makes an ideal bathroom and the other houses the boiler (approx 3 year old) FIRST FLOOR Landing - Some fitted carpet and stairs to the first floor. Bedroom One 3.99m x 3.34m - Double glazed window to the rear, wall lights, sink unit, fitted carpet and radiator. Bedroom Two 3.83m x 3.13 - Double glazed window to the front, fitted carpet and radiator. Bedroom Three 2.86m x 2.23m - Double glazed window to the side, built in storage cupboard. Bedroom Four 2.87m x 1.96m - Double glazed window to the front, fitted carpet and radiator.  Bathroom 4.14m x 2.93m - A three piece suite comprising of a low flush WC, pedestal wash hand basin and panelled bath with shower over. Double glazed window to the rear, wood flooring and storage cupboard. Separate WC - A low flush WC, tiled flooring and double glazed window to the side. SECOND FLOOR Landing - Storage cupboard and access to all rooms. Bedroom Five 4.23 (at longest) x 3.43m - Double glazed window to the front, eaves storage, radiator and fitted carpet. Bedroom Six 4.01m (into lower area) x 3.31m- Double glazed window to the rear, fitted carpet and radiator. Exterior Rear - An enclosed and low maintenance garden area, fully paved with timber gate to the rear. Exterior Front - Off street parking via a block paved driveway with dropped kerb. EPC band: D Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller or information supplied by a third party. We strongly advise prospective buyers to commission their own survey or service reports before finalizing their offer to purchase. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate. Money Laundering Regulations Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement.  We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £70 plus. VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances. **Auctioneer's Comments: ** This property is for sale by Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer but will be given 56 working days in which to complete the transaction, from the date the Draft Contract are issued by the seller’s solicitor. By giving a buyer time to exchange contracts on the property, means normal residential finance can be sort. The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer reserve the property to the buyer during the Reservation Period and are paid in addition to the purchase price and are considered within calculations for Stamp Duty Land Tax. Further clarification on this must be sought from your legal representative. The buyer will be required to sign a Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Info Pack which can be downloaded for free from our website or requested from our Auction Department. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyers Premium of £6,600 including VAT plus an administration charge of £372 including VAT, a total of £6,972. This secures the transaction and takes the property off the market. The Buyer’s Premium and administration charge are in addition to the final negotiated selling price.

Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate. Money Laundering Regulations Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £70 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.

Agent Details

Yopa, North West & Midlands

01525 659945

Next Steps?

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