3 Bed Flat, Single Let, Blackpool, FY2 9PG, £134,950

Queens Promenade, Bispham, FY2 9PG - a year ago

Under Offer
Leasehold
BTL
ROI: 8%
~67 m²
+20 photos

ValuationOvervalued

Sold Prices£70K - £283K
Sold Prices/m²£706/m² - £3.6K/m²

 

 

Square Metres

~67 m²
Price/m²£2K/m²

Value Estimate

£112,640

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£33,738

Stamp Duty & Legal Fees

£7,948

Total Cash In

£41,685

 

 

Cash Out

 

Rent Range

£800 - £4,500

Rent Estimate

£878

Running Costs/mo

£617

Cashflow/mo

£261

Cashflow/yr

£3,128

ROI

8%

Gross Yield

8%

Local Sold Prices

17 sold prices from £70K to £283K, average is £113K. £706/m² to £3.6K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£113K09/210 miFlat 9, Queens Court, Queens Promenade, Blackpool FY2 9PG3
£129.3K10/220 miFlat 22, Queens Court, Queens Promenade, Bispham, Blackpool FY2 9PG3
£94K02/210.07 miFlat 14, Duchess Court, Queens Promenade, Blackpool FY2 9PR3
£70K06/210.07 miFlat 20, Duchess Court, Queens Promenade, Bispham, Blackpool FY2 9PR3
£75K04/230.14 miFlat 55, Pembroke Court, Queens Promenade, Bispham, Blackpool FY2 9PY3
£79K05/231.02 mi29, Linden Place, Blackpool FY2 0QZ3
£75K05/231.1 mi32, Edmonton Place, Blackpool FY2 0UT3
£80K06/231.42 mi24, Kilmory Place, Bispham, Blackpool FY2 0XS3
£153K11/201.46 mi23, Kendal Avenue, Blackpool FY3 7LG3
£80K07/221.82 mi38b, Bryan Road, Blackpool FY3 9BE3
£170K04/212.35 mi310, Admirals Sound, Thornton-cleveleys, Lancashire FY5 1AE3
£72K09/222.73 mi23, Dunelt Road, Blackpool FY1 6LR3
£270K09/212.78 mi6, Poplar Avenue, Poulton-le-fylde, Lancashire FY6 8JD3
£250K08/212.79 mi15, Windsor Court, Poulton-le-fylde, Lancashire FY6 7UX3
£126K11/212.91 mi84, Saville Road, Blackpool FY1 6JT3
£125K11/212.93 mi17, Shaw Road, Blackpool FY1 6HA3
£283K01/212.96 mi2, Briar Mews, Thornton-cleveleys, Lancashire FY5 4NH3

Local Rents

18 rents from £800/mo to £4.5K/mo, average is £913/mo.

RentDateDistanceAddressBeds 
£89504/240.28 miAdmiral Gardens, Bispham3
£89504/240.4 miEdenvale Avenue, FY23
£1,15005/240.4 mi3 Cliff Place, Bispham, Blackpool. FY2 9JT3
£90004/240.4 miBispham, Blackpool, FY2 9RZ3
£97504/240.4 miWarbreck Drive, Blackpool, FY2 9RZ3
£1,40003/240.41 mi-3
£1,30011/240.41 mi-3
£4,50004/240.42 miEmpress Drive, Blackpool, FY23
£4,50006/240.42 mi-3
£1,05002/240.45 mi-3
£89505/240.52 miCavendish Road, FY23
£80004/240.6 mi-3
£89902/240.6 mi-3
£89503/240.6 mi-3
£92504/240.61 miInver Road, Blackpool, FY2 0LW3
£87504/240.61 miInver Road, Blackpool, FY2 0LW3
£87505/240.61 miInver Road, Blackpool, FY2 0LW3
£92505/240.62 miInver Road, Blackpool, Lancashire3

Local Area Statistics

Population in FY2

24,589

Population in Blackpool

133,713

Town centre distance

2.50 miles away

Nearest school

0.70 miles away

Nearest train station

1.07 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+50%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Price changed to £134,950

February 16, 2025

Listed for £129,000

May 8, 2024

Floor Plans

Description

SIMPLY STUNNING Three bedroom first floor apartment for sale in Queens Court, Queens Promenade in Bispham. The apartment is fully modernised throughout and benefits from sea views, a modern kitchen, three double bedrooms and a garage. The apartment briefly comprises; entrance hallway, storage cupboards, kitchen, lounge/diner, balcony, modern shower room, separate wc, three double bedrooms, garage, communal gardens. CALL TO VIEW

HALLWAY
UPVC front door, electric storage heater and storage cupboards.

LOUNGE/DINER
14'5 X 14'5 (4.40 X 4.39)
UPVC double glazed window to side aspect, UPVC double glazed bay window to front aspect with stunning ocean views, door opening onto the balcony, electric storage heater, tv point and space for dining/lounge furniture.

KITCHEN
11'4 x 8'1 (3.45 x 2.46)
UPVC double glazed window to front aspect with stunning sea views, A range of modern fitted wall and base units with complementary work surfaces, sink with drainer unit and mixer tap, integrated electric oven, grill, hob with extractor over, integrated washing machine, integrated dishwasher, space for fridge/freezer and electric radiator.

BEDROOM ONE
11'3 x 11'0 (3.43 x 3.35)
UPVC double glazed window to the side aspect and electric radiator

BEDROOM TWO
11'3 x 7'7 (3.43 x 2.31)
UPVC double glazed window to the side aspect and electric radiator

BEDROOM THREE
9'5 x 8'5 (2.87 x 2.57)
UPVC double glazed window to side aspect and electric radiator. This is a versatile room which is currently being used as a dining room.

SHOWER ROOM
8'1 x 4'0 (2.46 x 1.22)
UPVC double glazed window to side aspect, modern fitted two piece suite comprising; large walk in shower with glass screen, wash hand basin and storage cupboard.

WC
6'4 x 2'7 (1.93 x 0.79)
UPVC double glazed window to side aspect, low flush wc.

BALCONY
stunning views of the north sea.

GARAGE
Up and over door.

TENURE
We have been informed that the property is Leasehold; prospective purchasers should seek clarification of this from their solicitors. We have been informed that the Service Charge is currently £106pcm (including window cleaning and maintenance of the communal areas) and £5pa Ground rent.

VIEWINGS
Viewings are strictly by appointment through the agents office.

All measurements are approximate and for illustrative purposes only. Digital images are reproduced for general information only and must not be inferred that any item shown is included for sale with the property. We have been unable to confirm if services / items in the property are in full working order. The property is offered for sale on this basis. Prospective purchasers are advised to seek expert advice where appropriate.

Agent Details

The Square Room, Fylde Coast

01253 835668

Next Steps?

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