4 Bed Terraced House, Single Let, Blackpool, FY1 4NB, £130,000

Regent Road, Blackpool, FY1 4NB - 2 views - a year ago

BTL
ROI: 5%
~115 m²
+12 photos

ValuationOvervalued

Sold Prices£70K - £450K
Sold Prices/m²£560/m² - £4K/m²

 

 

Square Metres

~114.88 m²
Price/m²£1.1K/m²

Value Estimate

£114,880

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£32,500

Stamp Duty & Legal Fees

£5,100

Total Cash In

£37,600

 

 

Cash Out

 

Rent Range

£650 - £2,000

Rent Estimate

£725

Running Costs/mo

£571

Cashflow/mo

£154

Cashflow/yr

£1,845

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £70K to £450K, average is £163.5K. £560/m² to £4K/m², average is £947/m².

PriceDateDistanceAddressBeds 
£210K08/210.04 mi67, Park Road, Blackpool FY1 4JQ4
£167K09/210.12 mi45, Lincoln Road, Blackpool FY1 4HA4
£155K05/230.12 mi33, Lincoln Road, Blackpool FY1 4HA4
£95K07/230.13 mi144, Adelaide Street, Blackpool FY1 4LU4
£110.1K02/210.16 mi22, Longton Road, Blackpool FY1 4HW4
£250K12/220.19 mi16, Leamington Road, Blackpool FY1 4EZ4
£160K05/230.23 mi7, Bennett Avenue, Blackpool FY1 4DP4
£129.9K06/210.27 mi133, Park Road, Blackpool FY1 4ET4
£230K07/210.29 mi172, Reads Avenue, Blackpool FY1 4JD4
£200K10/210.29 mi194, Reads Avenue, Blackpool FY1 4JD4
£230K07/210.29 mi172, Reads Avenue, Blackpool FY1 4JD4
£132.5K01/210.31 mi15, Leeds Road, Blackpool FY1 4HQ4
£85K05/210.31 mi229, Palatine Road, Blackpool FY1 4DX4
£93K10/210.37 mi49, Elizabeth Street, Blackpool FY1 3JF4
£117.7K02/230.37 mi44, Whitegate Drive, Blackpool FY3 9AL4
£70.5K02/210.38 mi15, Erdington Road, Blackpool FY1 5EG4
£75K02/210.38 mi30, Erdington Road, Blackpool FY1 5EG4
£70K05/210.39 mi30, Kent Road, Blackpool FY1 5HB4
£78.5K05/230.4 mi25, Rydal Avenue, Blackpool FY1 4AR4
£100K11/210.43 mi17, Devonshire Road, Blackpool FY3 8DS4
£79K07/210.43 mi2, Chadwick Street, Blackpool FY1 5EJ4
£245K01/210.49 mi153, Whitegate Drive, Blackpool FY3 9ER4
£215K11/200.49 mi145, Whitegate Drive, Blackpool FY3 9ER4
£173K11/210.49 mi35, Kensington Road, Blackpool FY3 9DU4
£125K08/210.49 mi3, Kensington Road, Blackpool FY3 9DU4
£157.5K03/210.49 mi34, Newton Drive, Blackpool FY3 8BY4
£75K10/210.5 mi227, Central Drive, Blackpool FY1 5HX4
£179.9K06/230.53 mi13, Gorse Road, Blackpool FY3 9ED4
£130K02/210.58 mi13, Westwood Avenue, Blackpool FY3 9DW4
£98K12/200.59 mi11, South Square, Blackpool FY3 8AJ4
£192.5K12/200.6 mi18, West Park Drive, Blackpool FY3 9DN4
£390K08/230.6 mi43, Forest Gate, Blackpool FY3 9BA4
£200K07/210.6 mi47, Forest Gate, Blackpool FY3 9BA4
£235K04/210.6 mi45, Forest Gate, Blackpool FY3 9BA4
£209K08/230.6 mi19, Ridgwood Avenue, Blackpool FY3 8EL4
£120K11/200.62 mi12, Collingwood Avenue, Blackpool FY3 8BZ4
£175K01/230.64 mi76, Newton Drive, Blackpool FY3 8EP4
£420K11/200.69 mi11, St Josephs Close, Blackpool FY3 8LU4
£270K06/210.71 mi90, West Park Drive, Blackpool FY3 9HU4
£245K04/230.71 mi80, West Park Drive, Blackpool FY3 9HU4
£260K11/210.74 mi39, Knowsley Avenue, Blackpool FY3 9HP4
£115K12/200.74 mi3, Thirsk Grove, Blackpool FY1 5NH4
£305K10/200.77 mi15, St Clements Avenue, Blackpool FY3 8LT4
£450K07/220.77 mi12, St Clements Avenue, Blackpool FY3 8LT4
£79K07/210.79 mi11, Hawthorn Road, Blackpool FY1 2RE4
£357K01/210.8 mi19, Vernon Avenue, Blackpool FY3 9JF4
£115K11/210.8 mi63, Sherbourne Road, Blackpool FY1 2PQ4
£399.9K06/220.83 mi16, Milton Avenue, Blackpool FY3 8LY4
£115K10/210.85 mi51, Sherbourne Road, Blackpool FY1 2PJ4
£227K11/220.85 mi7, Coopers Way, Blackpool FY1 3RJ4

Local Rents

51 rents from £650/mo to £2K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£1,50003/250.06 mi-3
£90004/240.1 miSouth King Street, Blackpool3
£69504/250.1 mi-3
£90002/250.13 mi-3
£2,00002/250.19 mi-3
£2,00002/250.19 mi-3
£70004/240.22 miPeter Street, Blackpool, FY1 3LT3
£80005/240.25 mi-3
£80005/240.25 mi-3
£1,05004/250.33 mi-3
£90005/240.33 mi57 Gainsborough Road, Blackpool. FY1 4DZ3
£75004/240.35 miCaunce Street, Blackpool3
£95004/240.35 mi-4
£72504/240.35 miHarrison Street, Blackpool, Lancashire, FY13
£85001/250.36 mi-3
£1,20004/250.4 mi-3
£77504/240.41 miErdington Road, Blackpool3
£80004/240.42 miPark Road, Blackpool, FY1 5QN3
£80005/240.42 mi28 Gloucester Avenue3
£70004/240.43 miFlat 2, 16 Coop Street3
£1,20003/250.43 mi-3
£1,30001/250.44 mi-5
£1,20003/250.44 mi-4
£75005/240.45 mi-3
£1,40004/250.45 mi-4
£95004/240.46 miBryan Road, Blackpool3
£72501/250.47 mi-3
£72501/250.47 mi-3
£1,30004/240.47 miMere Road, Blackpool, Lancashire, FY34
£75004/240.48 miManchester Road, Blackpool, FY3 8DN3
£65006/240.48 mi-3
£82504/240.49 miBickerstaffe Street, Blackpool3
£80004/240.5 miSelbourne Road, Blackpool, Lancashire, FY13
£95004/240.5 miWestmorland Avenue, Blackpool, Lancashire, FY15
£95001/240.5 mi-3
£80005/240.51 miManchester Road, Blackpool, FY3 8BP3
£1,25002/250.54 mi-4
£80004/240.55 mi16 Harley Road, Blackpool, FY3 9DY3
£95005/240.55 mi-3
£1,10004/240.55 miPrincess Street3
£85012/240.56 mi-4
£77505/240.57 miHardman Street, Blackpool3
£70004/240.57 miHardman Street, Blackpool, Lancashire, FY13
£82504/240.57 miWyre Grove, Blackpool3
£85004/240.58 mi34 Woodland Grove3
£85005/240.58 mi-3
£79512/240.58 mi-3
£79501/250.58 mi-3
£85005/240.58 mi-3
£82505/240.58 miWestwood Avenue, Blackpool3
£95005/240.58 mi8 Westwood Avenue, Blackpool, FY3 9DW3

Local Area Statistics

Population in FY1

33,505

Population in Blackpool

133,713

Town centre distance

1.46 miles away

Nearest school

0.20 miles away

Nearest train station

0.44 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+26%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £130,000

March 14, 2024

Floor Plans

Description

  • Off Road Parking +
  • 2 Reception Rooms +
  • GF WC +
  • Close Proximity to Town Centre +

This spacious 4 bedroom mid-terraced property offers a wonderful opportunity for those seeking a comfortable family home. The accommodation comprises two reception rooms providing ample space for entertaining, a ground floor WC, open plan kitchen/diner and four bedrooms to the first floor.

Boasting a prime location, with easy access to the town centre and local amenities, and with no onward chain, this property has lots to offer for prospective buyers.

Externally, the property is complemented by a driveway to the front, ensuring convenient parking facilities for residents and visitors alike. The enclosed yard to the rear provides a private outdoor space perfect for relaxation and recreation. Additionally, a wooden outhouse offers valuable storage space for outdoor equipment and belongings.
EPC Rating: E

Agent Details

Stephen Tew Estate Agents, Blackpool

01256 961179

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪