3 Bed Semi-Detached House, Refurb/BRRR, Blackpool, FY4 1EF, £129,950

10 Trent Road, Blackpool, FY4 1EF - 13 views - 10 months ago

Refurb/BRRR
ROI: 4%
~93 m²
+3 photos

ValuationOvervalued

Sold Prices£82.5K - £369K
Sold Prices/m²£712/m² - £2.4K/m²

 

 

Square Metres

~93 m²
Price/m²£1.4K/m²

Value Estimate

£123,208

 

 

End Value (After Refurb)

£118,250

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£32,488

Stamp Duty & Legal Fees

£5,099

Refurb Costs

£38,071

Bridging Loan Interest

£3,411

Total Cash In

£80,818

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£118,250

Mortgage (After Refinance)

£88,688

Mortgage LTV

75%

Cash Left In

£80,818

Equity

£29,563

Rent Range

£575 - £1,500

Rent Estimate

£864

Running Costs/mo

£562

Cashflow/mo

£302

Cashflow/yr

£3,620

ROI

4%

Gross Yield

8%

Local Sold Prices

50 sold prices from £82.5K to £369K, average is £155K. £712/m² to £2.4K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£137.5K11/220.04 mi6, Severn Road, Blackpool FY4 1EE3
£150K11/200.05 mi26, Watson Road, Blackpool FY4 1EG3
£94K04/210.08 mi30, Thames Road, Blackpool FY4 1ED3
£187K01/230.09 mi23, Arlington Avenue, Blackpool FY4 1EL3
£172.5K01/240.09 mi15, Arlington Avenue, Blackpool FY4 1EL3
£141K04/210.11 mi5, Mersey Road, Blackpool FY4 1EN3
£139K07/210.13 mi9, Kingsway, Blackpool FY4 2DF3
£125K10/210.13 mi18, Seabourne Avenue, Blackpool FY4 1EH3
£82.5K12/210.14 mi9, The Crescent, Blackpool FY4 1EQ3
£150K01/210.14 mi2a, The Crescent, Blackpool FY4 1EQ3
£135K03/230.16 mi74, Woodstock Gardens, Blackpool FY4 1JP3
£137K11/200.17 mi13, Princeway, Blackpool FY4 2DQ3
£165K03/210.17 mi3, Princeway, Blackpool FY4 2DQ3
£185K04/230.17 mi11a, Woodstock Gardens, Blackpool FY4 1JW3
£200K12/220.2 mi28, Thirlmere Road, Blackpool FY4 2DA3
£200K04/230.21 mi4, Worsley Avenue, Blackpool FY4 2DH3
£160K02/210.21 mi24, Worsley Avenue, Blackpool FY4 2DH3
£155K11/210.22 mi30, Rangeway Avenue, Blackpool FY4 2DJ3
£115K12/230.22 mi2a, Rangeway Avenue, Blackpool FY4 2DJ3
£102K12/200.25 mi16, Ventnor Road, Blackpool FY4 1JN3
£160K06/230.25 mi20, Ventnor Road, Blackpool FY4 1JN3
£204K03/210.25 mi5, Second Avenue, Blackpool FY4 2EX3
£240K06/210.25 mi4, Second Avenue, Blackpool FY4 2EX3
£175K05/210.25 mi8, Second Avenue, Blackpool FY4 2EX3
£103.5K01/210.26 mi27, Fenber Avenue, Blackpool FY4 2DL3
£150K08/210.26 mi88, Burlington Road, Blackpool FY4 1JR3
£275K09/220.27 mi6, Third Avenue, Blackpool FY4 2EU3
£183K02/230.3 mi18, Bamton Avenue, Blackpool FY4 2DN3
£200K05/230.3 mi90, Watson Road, Blackpool FY4 2DE3
£155K05/230.34 mi5, Beverley Grove, Blackpool FY4 2BG3
£168K01/230.34 mi3, Beverley Grove, Blackpool FY4 2BG3
£200K09/210.34 mi56, St Lukes Road, Blackpool FY4 2EJ3
£214.9K12/210.34 mi41, St Lukes Road, Blackpool FY4 2EL3
£170K11/200.34 mi61, St Lukes Road, Blackpool FY4 2EL3
£144.9K05/210.34 mi57, St Lukes Road, Blackpool FY4 2EL3
£185K10/210.34 mi7, St Lukes Road, Blackpool FY4 2EL3
£129.9K12/200.35 mi20, Horncliffe Road, Blackpool FY4 1LN3
£117K10/200.35 mi10, Eastbourne Road, Blackpool FY4 1LG3
£184K07/230.35 mi10, Fifth Avenue, Blackpool FY4 2ES3
£267K03/210.35 mi88, Arnold Avenue, Blackpool FY4 2EN3
£120K08/210.36 mi36, Beverley Grove, Blackpool FY4 2BE3
£112.5K08/210.36 mi6, Beverley Grove, Blackpool FY4 2BE3
£170K05/230.36 mi6, Beverley Grove, Blackpool FY4 2BE3
£150K10/200.36 mi44, St Lukes Road, Blackpool FY4 2EJ3
£120K03/210.37 mi39, Stamford Avenue, Blackpool FY4 2BH3
£369K11/220.37 mi2, Seventh Avenue, Blackpool FY4 2ED3
£148K05/230.38 mi11, Ventnor Road, Blackpool FY4 1LE3
£187.5K02/210.38 mi90, Arnold Avenue, Blackpool FY4 2EW3
£87K04/210.38 mi34, Hill Street, Blackpool FY4 1DF3
£106.4K04/210.4 mi39, Arnold Avenue, Blackpool FY4 2BQ3

Local Rents

18 rents from £575/mo to £1.5K/mo, average is £885/mo.

RentDateDistanceAddressBeds 
£75004/240.09 miJesmond Avenue, Blackpool, FY4 1EJ3
£75004/240.16 miQueensway, Blackpool3
£99504/240.19 mi-3
£99504/240.19 mi-3
£75005/240.22 miRangeway Avenue, Blackpool3
£1,50002/250.31 mi-3
£1,25004/240.41 miSt. Lukes Road, Blackpool3
£1,00004/240.48 miHarrowside, Blackpool, Lancashire, FY43
£65011/240.48 mi-3
£87011/240.56 mi-3
£75005/240.56 mi-3
£65005/240.58 miShaw Road, Blackpool3
£57501/240.58 mi-3
£82503/250.59 mi-3
£90001/250.6 mi-3
£95005/240.6 mi-3
£95005/240.6 miHaig Road, Blackpool, FY13
£90002/250.61 mi-3

Local Area Statistics

Population in FY4

43,982

Population in Blackpool

133,713

Town centre distance

2.37 miles away

Nearest school

0.10 miles away

Nearest train station

0.32 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+58%

Sales demand

Balanced market

Capital growth (5yrs)

+12%

Property History

Listed for £129,950

June 12, 2024

Sold for £55,500

2002

Floor Plans

Description

SEMI DETACHED HOUSE REQUIRING RENOVATION WITH NO ONWARD CHAIN Semi Detached House comprising Entrance Vestibule, Hallway, Lounge, Dining Room. Kitchen, 3 Bedrooms, Bathroom, Enclosed Rear Garden, No Onward Chain, Council Tax Band B

Entrance Vestibule - Double glazed double doors to front

Hallway - Stairs to first floor landing with under stairs storage cupboard, radiator, decorative cornice style ceiling

Lounge - 3.58m x 4.88m (11'9 x 16'0) - Double glazed walk in bay window to front with encapsulated stained glass, decorative cornice style ceiling, electric fire set in to feature surround, radiator, picture rail

Dining Room - 3.58m x 4.85m (11'9 x 15'11) - Walk in bay window to rear, decorative cornice style ceiling, gas fire set in to feature surround, radiator

Kitchen - 1.96m x 4.17m (6'5 x 13'8) - Fitted base and wall units with round edge worktops, stainless steel sink with mixer taps & tiled splashbacks, space for gas cooker, space for fridge freezer, door to side, window to rear

Landing - Window to side, loft access

Bedroom 1 - 3.48m x 3.91m (11'5 x 12'10) - Double glazed walk in bay window to front with encapsulated stained glass, chimney breast, radiator, fitted cupboards

Bedroom 2 - 3.61m x 4.22m (11'10 x 13'10) - Window to rear, chimney breast, radiator, fitted cupboards

Bedroom 3 - 2.11m x 2.90m (6'11 x 9'6) - Double glazed window to front with encapsulated stained glass, radiator

Bathroom - 1.96m x 3.05m (6'5 x 10'0) - Fitted with a 3 piece bathroom suite comprising shower enclosure, pedestal wash hand basin, low level wc, tiled walls, double glazed window to rear, airing cupboard

Outside - Enclosed West facing rear garden, space for off road parking to the rear

Agent Details

Hunters, Blackpool

01253 542441

Next Steps?

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