3 Bed Terraced House, Single Let, Blackpool, FY3 8DL, £95,000

London Road, Blackpool, Lancashire, FY3 8DL - a year ago

BTL
ROI: 10%
~79 m²
+12 photos

ValuationUndervalued

Sold Prices£72K - £190K
Sold Prices/m²£649/m² - £2.8K/m²

 

 

Square Metres

~79.40 m²
Price/m²£1.2K/m²

Value Estimate

£97,329
BMV2%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£23,750

Stamp Duty & Legal Fees

£5,950

Total Cash In

£29,700

 

 

Cash Out

 

Rent Range

£695 - £1,500

Rent Estimate

£709

Running Costs/mo

£459

Cashflow/mo

£250

Cashflow/yr

£3,004

ROI

10%

Gross Yield

9%

Local Sold Prices

50 sold prices from £72K to £190K, average is £116.3K. £649/m² to £2.8K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£110K03/210.04 mi45, Dutton Road, Blackpool FY3 8DH3
£129.9K10/210.04 mi34, Dutton Road, Blackpool FY3 8DH3
£115K04/210.04 mi34, Dutton Road, Blackpool FY3 8DH3
£112K02/210.09 mi70, Ascot Road, Blackpool FY3 8DF3
£98K03/210.1 mi63, London Road, Blackpool FY3 8DJ3
£90K01/210.1 mi20, Devonshire Road, Blackpool FY3 8AA3
£117.5K11/200.11 mi15, Collingwood Avenue, Blackpool FY3 8DE3
£120K01/210.11 mi5, Collingwood Avenue, Blackpool FY3 8DE3
£90K07/210.11 mi7, Collingwood Avenue, Blackpool FY3 8DE3
£124.5K08/210.11 mi61, Collingwood Avenue, Blackpool FY3 8DE3
£72K07/210.12 mi108, Manchester Road, Blackpool FY3 8DP3
£142.5K12/210.13 mi48, Collingwood Avenue, Blackpool FY3 8BZ3
£185K01/230.13 mi2a, Bryan Road, Blackpool FY3 9BE3
£137.5K06/230.13 mi22, Ascot Road, Blackpool FY3 8DG3
£100K07/210.14 mi38, Oxford Road, Blackpool FY1 3QL3
£89K11/200.14 mi30, Oxford Road, Blackpool FY1 3QL3
£87.5K05/230.14 mi15, Oxford Road, Blackpool FY1 3QL3
£85K06/210.16 mi97, Peter Street, Blackpool FY1 3NN3
£130K03/210.16 mi11, Waterfoot Avenue, Blackpool FY3 8DB3
£155K07/210.18 mi2a, Poplar Avenue, Blackpool FY3 9BH3
£130K12/200.18 mi2, Maple Avenue, Blackpool FY3 9BJ3
£153K03/230.19 mi13, Elm Avenue, Blackpool FY3 9BQ3
£124K11/200.19 mi10, Elm Avenue, Blackpool FY3 9BQ3
£100K03/230.19 mi138, Caunce Street, Blackpool FY1 3NG3
£104K11/210.19 mi86, Devonshire Road, Blackpool FY3 8AN3
£179.9K08/230.2 mi269, Layton Road, Blackpool FY3 8ER3
£190K12/220.2 mi5, Forest Gate, Blackpool FY3 9AW3
£169.9K05/210.2 mi44, Forest Gate, Blackpool FY3 9AW3
£135K12/200.21 mi102, Layton Road, Blackpool FY3 8ES3
£185K11/200.22 mi1, Ridgwood Avenue, Blackpool FY3 8EL3
£110K02/210.22 mi67, Addison Crescent, Blackpool FY3 8AG3
£89.5K08/210.22 mi84, Peter Street, Blackpool FY1 3NL3
£93.5K03/230.22 mi61, Peter Street, Blackpool FY1 3NL3
£80.5K10/210.22 mi46, Coleridge Road, Blackpool FY1 3SD3
£102K01/210.22 mi35, Coleridge Road, Blackpool FY1 3SD3
£97.5K01/230.23 mi43, Coleridge Road, Blackpool FY1 3SD3
£114K08/210.23 mi46, Selbourne Road, Blackpool FY1 3SA3
£114K08/210.23 mi46, Selbourne Road, Blackpool FY1 3SA3
£74.5K12/200.23 mi46, Selbourne Road, Blackpool FY1 3SA3
£158K11/200.23 mi72, Birchway Avenue, Blackpool FY3 8EY3
£148.5K01/210.23 mi9, Liverpool Road, Blackpool FY1 4HG3
£114.6K02/230.25 mi35, Birchway Avenue, Blackpool FY3 8EZ3
£119K12/200.26 mi3, Olive Grove, Blackpool FY3 9AS3
£145K12/200.26 mi16, Olive Grove, Blackpool FY3 9AS3
£153K05/230.26 mi3, Olive Grove, Blackpool FY3 9AS3
£85K05/230.26 mi101, Elizabeth Street, Blackpool FY1 3LZ3
£160K03/230.27 mi13, Hazel Grove, Blackpool FY3 9AX3
£93K11/210.27 mi24, Layton Road, Blackpool FY3 8HT3
£145K07/230.27 mi32, Layton Road, Blackpool FY3 8HT3
£185K01/230.27 mi16, Mere Road, Blackpool FY3 9AT3

Local Rents

44 rents from £695/mo to £1.5K/mo, average is £813/mo.

RentDateDistanceAddressBeds 
£75005/240.05 mi-3
£75004/240.05 miManchester Road, Blackpool, FY3 8DN3
£80005/240.12 miManchester Road, Blackpool, FY3 8BP3
£95004/240.13 miBryan Road, Blackpool3
£92503/240.14 mi-3
£1,05002/250.19 mi-3
£71505/240.2 mi-3
£71505/240.2 mi-3
£71505/240.2 miLayton Road, Blackpool, FY33
£85001/250.21 mi-3
£80004/240.22 miSelbourne Road, Blackpool, Lancashire, FY13
£75004/240.25 miCaunce Street, Blackpool3
£72501/250.29 mi-3
£72501/250.29 mi-3
£70004/240.34 miPeter Street, Blackpool, FY1 3LT3
£95005/240.36 mi-3
£1,20004/250.37 mi-3
£95001/240.39 mi-3
£80004/240.4 mi16 Harley Road, Blackpool, FY3 9DY3
£95005/240.41 mi8 Westwood Avenue, Blackpool, FY3 9DW3
£90005/240.41 mi57 Gainsborough Road, Blackpool. FY1 4DZ3
£82505/240.41 miWestwood Avenue, Blackpool3
£69504/250.42 mi-3
£70004/240.42 miHardman Street, Blackpool, Lancashire, FY13
£80004/240.42 mi-3
£77505/240.42 miHardman Street, Blackpool3
£1,50003/250.43 mi-3
£85005/240.44 mi-3
£79512/240.44 mi-3
£79501/250.44 mi-3
£95004/240.46 miDeneway Avenue, Blackpool3
£80005/240.47 mi-3
£80005/240.47 mi-3
£92504/240.49 mi-3
£90002/250.49 mi-3
£85004/240.51 miDevonshire Road, Blackpool, Lancashire, FY33
£80002/250.51 mi-3
£90004/240.51 miSouth King Street, Blackpool3
£85004/240.52 mi34 Woodland Grove3
£1,00004/250.53 mi-3
£80005/240.55 mi28 Gloucester Avenue3
£85004/240.57 miCoopers Way, Blackpool, FY13
£82512/240.57 mi-3
£90004/240.59 miWilkinson Avenue, Blackpool3

Local Area Statistics

Population in FY3

31,569

Population in Blackpool

133,713

Town centre distance

1.09 miles away

Nearest school

0.10 miles away

Nearest train station

0.55 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+2%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Price changed to £95,000

January 19, 2025

Listed for £100,000

May 29, 2024

Floor Plans

Description

  • Three Bedroom End Terrace House +
  • Two Reception Rooms, Fitted Kitchen, Utility Room +
  • Three Bedrooms, Three Piece Shower Room +
  • Gas Central Heating, uPVC Double Glazing +
  • Gardens To The Front And Rear +
  • Currently Tenanted Producing A 7.7% Annual Yield +
  • Sold With No Onward Chain +

A three bedroom end terrace house that offers good sized accommodation, making this an ideal first time purchase or buy to let investment property (currently tenanted producing an annual yield of 7.7%).

On internal inspection to the ground there is an entrance hallway, two reception rooms along with a fitted kitchen and ever handy utility room.

Top the first floor there are three bedrooms (two doubles and a single) along with a three piece shower room.

The property benefits from gas central heating, uPVC Double glazing while externally there are gardens to the front and rear. To be sold with no onward chain, viewing essential.

Situated in a popular residential location on the doorstep of Stanley Park and ideally placed for access to a broad range of local shops, amenities, and transport links. The property is also within a short distance to both Blackpool Victoria Hospital and the town centre.

Agent Details

Entwistle Green, Blackpool

01253 835054

Next Steps?

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