2 Bed Flat, Single Let, Blackpool, FY1 4JG, £89,950

143 Hornby Road, Blackpool, FY1 4JG - 4 views - a year ago

Sold STC
Leasehold
BTL
ROI: 5%
84 m²
+7 photos

ValuationOvervalued

Sold Prices£45K - £130K
Sold Prices/m²£606/m² - £2.2K/m²

 

 

Square Metres

83.64 m²
Price/m²£1.1K/m²

Value Estimate

£80,782

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£22,488

Stamp Duty & Legal Fees

£3,899

Total Cash In

£26,386

 

 

Cash Out

 

Rent Range

£433 - £1,350

Rent Estimate

£524

Running Costs/mo

£406

Cashflow/mo

£118

Cashflow/yr

£1,417

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £45K to £130K, average is £77.5K. £606/m² to £2.2K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£107.5K05/210.42 mi49, Topping Street, Blackpool FY1 3AF2
£78K03/210.43 mi9, Somerset Court, Blackpool FY1 5QQ2
£77K10/220.5 miFlat 6, Dutton Court, Dutton Road, Blackpool FY3 8DH2
£65K04/210.5 miFlat 39, Grizedale Court, Forest Gate, Blackpool FY3 9AP2
£63.5K05/210.51 mi162 - 164, Caunce Street, Blackpool FY1 3NJ2
£65K11/210.52 miFlat 8, The Maltings, Yorkshire Street, Blackpool FY1 5BF2
£58K05/210.55 mi26, Condor Grove, Blackpool FY1 5LT2
£55K03/210.55 mi55a, Grasmere Road, Blackpool FY1 5HP2
£50K07/210.55 mi59f, Grasmere Road, Blackpool FY1 5HP2
£58K02/210.55 mi53f, Grasmere Road, Blackpool FY1 5HP2
£60K08/220.57 mi88, Gorton Street, Blackpool FY1 3HP2
£52.5K03/230.63 mi22, Condor Grove, Blackpool FY1 5JU2
£87K01/230.72 miFlat C, 189, Bloomfield Road, Blackpool FY1 6QH2
£51K11/200.83 mi102, Spencer Court, Blackpool FY1 3TP2
£83K03/230.94 mi11, Hampstead Mews, Blackpool FY1 2SG2
£90K04/231 mi36, Lomond Avenue, Blackpool FY3 9QL2
£70K01/211 mi129, St Heliers Road, Blackpool FY1 6JD2
£78K12/221.01 mi2f, South Lawn, Blackpool FY4 4BN2
£55K07/231.01 mi1c, South Lawn, Blackpool FY4 4BN2
£45K03/211.01 mi1d, South Lawn, Blackpool FY4 4BN2
£49.5K11/201.02 mi408f, Waterloo Road, Blackpool FY4 4BL2
£58K04/231.02 mi408c, Waterloo Road, Blackpool FY4 4BL2
£80K07/221.03 mi21, Eccleston Road, Blackpool FY1 6AU2
£59K05/231.16 mi12a, Northfield Avenue, Blackpool FY1 2ND2
£62K02/211.34 miFlat 7, Claughton Mansions, Harcourt Road, Blackpool FY4 3ES2
£109K01/231.35 miFlat 16, Warbreck Court, Warbreck Hill Road, Blackpool FY2 9SR2
£94K07/231.35 miFlat 4, Warbreck Court, Warbreck Hill Road, Blackpool FY2 9SR2
£91.5K07/211.35 miFlat 1, Warbreck Court, Warbreck Hill Road, Blackpool FY2 9SR2
£97K03/231.35 miFlat 14, Warbreck Court, Warbreck Hill Road, Blackpool FY2 9SR2
£92K01/231.42 miFlat 5, Argyll Court, Argyll Road, Blackpool FY2 9UF2
£80K02/211.44 miFlat 4, Vine Court, Gosforth Road, Blackpool FY2 9UL2
£70K10/221.45 mi116, Boston Way, Blackpool FY4 4YB2
£95K06/231.47 mi10, Teal Court, Blackpool FY3 8FT2
£91K02/231.47 mi12, Teal Court, Blackpool FY3 8FT2
£49K02/211.48 mi91, Boston Way, Blackpool FY4 4YQ2
£107K10/221.52 miFlat 11, Carrick Mews, Kingsley Road, Blackpool FY3 9US2
£120K10/221.54 mi8, Camborne Court, Blackpool FY3 9NS2
£52K04/211.55 mi97, Normoss Avenue, Blackpool FY3 7PX2
£72K08/221.68 mi3, Bowood Court, Blackpool, Lancashire FY3 7SD2
£66K01/211.68 mi2, Bowood Court, Blackpool, Lancashire FY3 7SD2
£83.5K03/211.74 mi45, Greenbriar Close, Blackpool FY3 7SA2
£59K05/211.85 mi29a, Burlington Road, Blackpool FY4 1JS2
£73K05/231.91 miFlat 3, Lowther Court, Queens Promenade, Bispham, Blackpool FY2 9NY2
£94K02/231.92 mi114, Southbank Avenue, Blackpool FY4 5BX2
£95K01/231.94 miFlat 16, Queens Court, Queens Promenade, Bispham, Blackpool FY2 9PG2
£80K10/201.94 miFlat 6, Queens Court, Queens Promenade, Blackpool FY2 9PG2
£130K06/231.94 miFlat 12, Queens Court, Queens Promenade, Bispham, Blackpool FY2 9PG2
£100K06/231.95 mi2, Park View Court, Blackpool FY4 2RD2
£114K08/231.95 mi10, Park View Court, Blackpool FY4 2RD2
£120K06/231.98 mi19, St Thomas Close, Blackpool FY3 7UT2

Local Rents

51 rents from £433/mo to £1.4K/mo, average is £675/mo.

RentDateDistanceAddressBeds 
£64903/250.06 mi-2
£68512/240.08 mi-2
£80012/240.17 mi-2
£52005/240.17 mi-2
£52005/240.17 mi-2
£52001/250.17 mi-2
£72504/240.19 miReads Avenue, Blackpool, Lancashire, FY12
£60004/240.19 miFlat B,164 Reads Avenue, Blackpool, Lancashire, FY12
£75004/240.2 miHornby Road, Blackpool2
£70004/240.21 miBack Palatine Road, Blackpool, FY1 4DA2
£62004/240.24 miAdelaide Street, Blackpool2
£67504/240.24 miAnderson Street, Blackpool, FY12
£55005/240.25 miPortland Road, Blackpool2
£56304/240.26 miPortland Road, Blackpool, FY1 4EF2
£65004/240.26 mi-2
£67502/250.26 mi-2
£65004/250.26 mi-2
£59502/250.28 mi-2
£62504/240.28 miAshton Road, Blackpool2
£60004/250.3 mi-2
£70002/250.3 mi-2
£57505/240.31 miDanesbury Place, BLACKPOOL, FY1 3LX2
£70004/250.32 mi-2
£65004/240.32 mi-2
£55003/250.33 mi-2
£90004/240.33 miAshton Road,Blackpool,FY12
£70004/240.35 miWestmorland Avenue, Blackpool2
£45004/240.36 miFlat 5, Central Drive, Blackpool, FY1 5JN2
£67504/240.37 mi-2
£62503/250.37 mi-2
£77505/240.4 miWhitley Avenue, Blackpool, Lancashire, FY32
£77502/250.4 mi-2
£99504/250.4 mi-2
£43304/240.41 mi-2
£75004/240.41 mi-2
£79512/240.41 mi-2
£99504/240.41 mi-2
£62504/240.42 mi-2
£62504/240.43 miSomerset Court, Blackpool, Lancashire, FY12
£75002/250.43 mi-2
£70012/240.45 mi-2
£75004/240.45 miCoop Street, Blackpool, FY1 5AJ2
£85012/240.45 mi-2
£85004/250.45 mi-2
£82512/240.46 mi-2
£60004/240.46 mi-2
£65004/240.46 miCheapside, Blackpool2
£65005/240.46 miCheapside, Blackpool2
£1,35001/240.48 mi-2
£1,35001/250.48 mi-2
£95004/240.48 mi-2

Local Area Statistics

Population in FY1

33,505

Population in Blackpool

133,713

Town centre distance

1.37 miles away

Nearest school

0.30 miles away

Nearest train station

0.53 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+26%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £89,950

May 1, 2024

Floor Plans

Description

  • VIRTUAL VIEWING AVAILABLE. CLICK ON THE VIDEO TOUR ABOVE +
  • Two Bedroom Ground Floor Apartment With Garage +
  • Spacious Lounge, Fitted Kitchen, Two Bedrooms, Bathroom +
  • Allocated Parking, Great Location +
  • Please Call To Avoid Missing Out +

Fantastic opportunity to purchase this two bedroom ground floor apartment, the property is ready to move into and is situated in the popular residential location of Blackpool

On internal inspection the property briefly comprises; entrance hallway, lounge, kitchen, bathroom and two bedrooms.

Externally the property has communal areas, allocated parking and a garage

Viewings are highly recommended to appreciate this superb property on offer.
Leasehold information: Terms: 999 years from 1st January 1976
Current Ground Rent:
Current Maintenance/Service Charges: £1000 per annum split into two payments, January and July.
Council Tax Information: Band B

Agent Note
In order to be able to purchase a property in the UK all agents have a legal requirement to conduct identity checks on all customers involved in the transaction to fulfil their obligations under anti money laundering regulations. Farrell Heyworth outsource this check to a third party and a charge will apply. Please ask the branch for further details.

Agent Details

Farrell Heyworth, Fylde Coast

01253 835297

Next Steps?

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