6 Bed Flat, Single Let, Blackpool, FY1 5PG, £179,950

48 Westmorland Avenue, Blackpool, FY1 5PG - a year ago

BTL
~186 m²
+16 photos

Valuation

Sold Prices£57K - £65K
Sold Prices/m²£760/m² - £833/m²

 

 

Square Metres

~186 m²
Price/m²£967/m²

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£44,988

Stamp Duty & Legal Fees

£6,599

Total Cash In

£51,586

 

 

Cash Out

 

Rent Range

£700 - £2,600

Rent Estimate

£725

Running Costs/mo

£727

Cashflow/mo

£-2

Cashflow/yr

£-28

Gross Yield

5%

Local Sold Prices

2 sold prices from £57K to £65K, average is £61K.

PriceDateDistanceAddressBeds 
£65K11/210.37 mi59, Chapel Street, Blackpool FY1 5HF4
£57K04/220.56 mi13, Lincoln Road, Blackpool FY1 4HA4

Local Rents

51 rents from £700/mo to £2.6K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£95004/240.02 miWestmorland Avenue, Blackpool, Lancashire, FY15
£82504/240.09 miWyre Grove, Blackpool3
£1,20003/250.1 mi-3
£1,10004/240.11 mi92 Grasmere Road3
£1,10005/240.11 mi-3
£95001/250.15 mi-3
£72504/240.16 miHarrison Street, Blackpool, Lancashire, FY13
£77504/240.2 miErdington Road, Blackpool3
£80004/240.2 miPark Road, Blackpool, FY1 5QN3
£80005/240.21 miCondor Grove, Blackpool, Lancashire, FY14
£79504/240.24 miAnsdell Road, Blackpool, Lancashire, FY15LX3
£1,05004/250.26 mi-3
£85005/240.33 mi-3
£2,00002/250.33 mi-3
£2,00002/250.33 mi-3
£80005/240.35 mi28 Gloucester Avenue3
£75001/250.36 mi-3
£1,40004/250.38 mi-4
£80005/240.38 mi-3
£80005/240.38 mi-3
£80005/240.38 miCunliffe Road, Great Marton, Blackpool, FY13
£70004/240.39 miFlat 2, 16 Coop Street3
£75004/240.39 miCunliffe Road, Blackpool, FY1 6SD3
£1,25004/240.39 miHudson Road, Blackpool, FY13
£1,25004/240.39 mi-3
£82504/240.4 miBoardman Avenue, Blackpool, FY1 6QE3
£90002/250.41 mi-3
£1,10004/240.42 miPrincess Street3
£1,40004/250.43 mi-4
£78004/240.44 mi-3
£90005/240.44 mi57 Gainsborough Road, Blackpool. FY1 4DZ3
£82504/240.45 miBickerstaffe Street, Blackpool3
£85003/250.45 mi-3
£89502/250.5 mi-3
£95004/240.51 mi-4
£85004/250.51 mi-3
£1,20012/240.52 mi-3
£95002/250.52 mi-3
£2,60012/240.52 mi-4
£2,60004/250.52 mi-4
£97502/250.52 mi-4
£72504/240.53 miAnsdell Road, Blackpool3
£1,15010/230.53 miElmslie Gardens,Marton,Blackpool,FY34
£85004/240.53 mi34 Woodland Grove3
£1,00012/240.54 mi-3
£1,50003/250.54 mi-3
£90004/240.55 miWilkinson Avenue, Blackpool3
£1,73302/250.55 mi-3
£1,10003/250.56 mi-3
£95004/240.56 miHarris Avenue, FY1 6NJ3
£95001/240.57 mi-3

Local Area Statistics

Population in FY1

33,505

Population in Blackpool

133,713

Town centre distance

1.47 miles away

Nearest school

0.10 miles away

Nearest train station

0.75 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+26%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £179,950

May 17, 2024

Sold for £86,000

2002

Floor Plans

Description

  • VIRTUAL VIEWING AVAILABLE. CLICK ON THE VIDEO TOUR ABOVE +
  • Block of Five flats Near Blackpool Prom +
  • Great Investment opportunity +
  • Great Location, Close To Local Shops, Schools & Transport Links +
  • Please Call To Avoid Missing Out +

Fantastic opportunity to purchase this block of five self contained flats situated in popular residential location in Blackpool.

Flat 1 - Lounge and kitchen together, separate bathroom and bedroom (small double).

Flat 2 – Studio, bedroom and lounge together - separate bathroom and archway to kitchen from lounge/bedroom - access to back yard from this flat.

Flat 3 - Lounge and kitchen together, separate bathroom and spacious double bedroom.

Flat 4 - Lounge and kitchen together, separate bathroom and small double bedroom.

Flat 5 - Lounge and kitchen together – two bedrooms and a separate bathroom.

Viewings are highly recommended to appreciate this superb investment property on offer.

Flat 1 – EPC Rating D, Council Tax Band A
Flat 2 – EPC Rating E, Council Tax Band A
Flat 3 – EPC Rating C, Council Tax Band A
Flat 4 – EPC Rating E, Council Tax Band A
Flat 5 – EPC Rating D, Council Tax Band A

Council Tax Information: Band A

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?

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