2 Bed Flat, Single Let, Blackpool, FY1 2NR, £55,000

28 Carshalton Road, Blackpool, FY1, FY1 2NR - 1 views - 10 months ago

BTL

ROI: 10%

~62 m²

+4 photos

ValuationUndervalued

Sold Prices	£51K - £130K
Sold Prices/m²	£606/m² - £2.1K/m²

Square Metres	~62.43 m²
Price/m²	£881/m²
Value Estimate	£67,650£67,650
BMV	23%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£13,750£13,750
Stamp Duty & Legal Fees	£3,950£3,950
Total Cash In	£17,700£17,700

Cash Out
Rent Range	£411 - £3,000£411 - £3,000
Rent Estimate	£420
Running Costs/mo	£276£276
Cashflow/mo	£144£144
Cashflow/yr	£1,730£1,730
ROI	10%10%
Gross Yield	9%9%

Local Sold Prices

20 sold prices from £51K to £130K, average is £82.8K. £606/m² to £2.1K/m², average is £1.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£59K	05/23	0.14 mi	12a, Northfield Avenue, Blackpool FY1 2ND	-	-	2	Flat
£109K	01/23	0.32 mi	Flat 16, Warbreck Court, Warbreck Hill Road, Blackpool FY2 9SR	-	-	2	Flat
£94K	07/23	0.32 mi	Flat 4, Warbreck Court, Warbreck Hill Road, Blackpool FY2 9SR	£1,516	62	2	Flat
£91.5K	07/21	0.32 mi	Flat 1, Warbreck Court, Warbreck Hill Road, Blackpool FY2 9SR	-	-	2	Flat
£97K	03/23	0.32 mi	Flat 14, Warbreck Court, Warbreck Hill Road, Blackpool FY2 9SR	-	-	2	Flat
£83K	03/23	0.32 mi	11, Hampstead Mews, Blackpool FY1 2SG	£1,361	61	2	Flat
£51K	11/20	0.39 mi	102, Spencer Court, Blackpool FY1 3TP	£1,244	41	2	Flat
£92K	01/23	0.43 mi	Flat 5, Argyll Court, Argyll Road, Blackpool FY2 9UF	-	-	2	Flat
£80K	02/21	0.46 mi	Flat 4, Vine Court, Gosforth Road, Blackpool FY2 9UL	-	-	2	Flat
£60K	08/22	0.53 mi	88, Gorton Street, Blackpool FY1 3HP	£606	99	2	Flat
£107.5K	05/21	0.69 mi	49, Topping Street, Blackpool FY1 3AF	£2,067	52	2	Flat
£63.5K	05/21	0.72 mi	162 - 164, Caunce Street, Blackpool FY1 3NJ	-	-	2	Flat
£73K	05/23	0.87 mi	Flat 3, Lowther Court, Queens Promenade, Bispham, Blackpool FY2 9NY	£1,304	56	2	Flat
£95K	01/23	0.9 mi	Flat 16, Queens Court, Queens Promenade, Bispham, Blackpool FY2 9PG	-	-	2	Flat
£80K	10/20	0.9 mi	Flat 6, Queens Court, Queens Promenade, Blackpool FY2 9PG	-	-	2	Flat
£72.5K	10/20	0.9 mi	Flat 25, Queens Court, Queens Promenade, Bispham, Blackpool FY2 9PG	-	-	2	Flat
£130K	06/23	0.9 mi	Flat 12, Queens Court, Queens Promenade, Bispham, Blackpool FY2 9PG	£2,063	63	2	Flat
£77K	10/22	0.93 mi	Flat 6, Dutton Court, Dutton Road, Blackpool FY3 8DH	-	-	2	Flat
£82.5K	03/23	0.97 mi	Flat 29, Duchess Court, Queens Promenade, Bispham, Blackpool FY2 9PR	-	-	2	Flat
£97.5K	09/22	0.98 mi	Flat 7, Anselm Court, Pembroke Avenue, Bispham, Blackpool FY2 9QD	-	-	2	Flat

Local Rents

51 rents from £411/mo to £3K/mo, average is £700/mo.

Rent	Date	Distance	Address	Beds	Type
£650	04/24	0.03 mi	Carshalton Road , Blackpool	2	Flat
£411	04/24	0.08 mi	Clevedon Road, Blackpool, FY1 2NX	2	Flat
£525	04/24	0.14 mi	Warley Road, Blackpool, Lancashire, FY1	2	Flat
£750	03/25	0.15 mi	-	2	Flat
£700	04/24	0.17 mi	-	2	Flat
£700	03/24	0.17 mi	-	2	Flat
£700	04/24	0.17 mi	Woburn Road, Blackpool, FY1	2	Flat
£1,200	04/24	0.19 mi	Gynn Avenue, Blackpool, FY1	2	Terraced House
£1,200	04/24	0.19 mi	-	2	Terraced House
£1,200	04/24	0.19 mi	-	2	Terraced House
£1,000	11/24	0.19 mi	-	2	Terraced House
£695	01/25	0.27 mi	-	2	Terraced House
£625	04/24	0.29 mi	Cross Street, Blackpool	2	Terraced House
£1,200	02/25	0.3 mi	-	2	Terraced House
£1,250	04/24	0.3 mi	-	2	Terraced House
£800	01/25	0.3 mi	-	2	Terraced House
£800	03/25	0.31 mi	-	2	Terraced House
£775	01/25	0.31 mi	-	2	Terraced House
£650	04/24	0.33 mi	Claremont Road, Blackpool	2	Terraced House
£606	05/24	0.33 mi	Lewtas Street, Blackpool, FY1 2DY	2	Terraced House
£900	02/25	0.34 mi	-	2	Terraced House
£750	12/24	0.35 mi	-	2	Flat
£550	04/24	0.36 mi	Warbreck Drive, Blackpool, FY2 9SX	2	Flat
£635	02/25	0.38 mi	-	2	Terraced House
£670	04/25	0.38 mi	-	2	Flat
£850	02/25	0.43 mi	-	2	Flat
£665	03/24	0.44 mi	-	2	Flat
£665	04/24	0.44 mi	Coopers Way, Blackpool, FY1	2	Flat
£665	05/24	0.44 mi	-	2	Flat
£665	04/24	0.44 mi	Coopers Way, Blackpool, FY1	2	Flat
£675	03/25	0.44 mi	-	2	Flat
£695	02/24	0.45 mi	-	2	Flat
£625	04/24	0.46 mi	58 Cornwall Avenue	2	Flat
£650	02/25	0.46 mi	-	2	Flat
£750	04/24	0.47 mi	Francis Street, Blackpool	2	Terraced House
£975	03/24	0.48 mi	-	2	Flat
£1,050	04/24	0.48 mi	-	2	Flat
£1,150	04/24	0.48 mi	-	2	Flat
£1,100	04/24	0.48 mi	-	2	Flat
£1,050	04/24	0.48 mi	-	2	Flat
£975	02/24	0.48 mi	-	2	Flat
£1,100	01/25	0.48 mi	-	2	Flat
£900	03/25	0.48 mi	-	2	Flat
£3,000	05/24	0.49 mi	-	2	Flat
£3,000	06/24	0.49 mi	-	2	Flat
£625	02/25	0.49 mi	-	2	Flat
£550	02/24	0.53 mi	-	2	Flat
£550	02/25	0.53 mi	-	2	Flat
£580	04/24	0.54 mi	General Street, Blackpool, Lancashire, FY1	2	Flat
£545	04/24	0.54 mi	Flat 1, 3 General Street, Blackpool, Lancashire, FY1	2	Flat
£650	04/24	0.55 mi	-	2	Flat

Local Area Statistics

Population in FY1	33,50533,505
Population in Blackpool	133,713133,713
Town centre distance	1.91 miles away1.91 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.54 miles away0.54 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+26%+26%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+11%+11%

Property History

Price changed to £55,000

January 7, 2025

Price changed to £50,000

September 11, 2024

Listed for £55,000

June 13, 2024

Floor Plans

Description

THE PROPERTY IS BEING SOLD TENANTED - CURRENTLY PAYING £420 PCM Spacious two bedroom firs floor apartment for sale on Carshalton Road, in Blackpool. The property is ideally located to local shops and transport links, easy access to Blackpool town centre and features a modern shower room, spacious room sizes and driveway parking. Briefly comprising; Hallway, lounge/diner, kitchen, two bedrooms, shower room, driveway parking and rear yard. CALL TO VIEW**

GROUND FLOOR

COMMUNAL HALLWAY
Double glazed entrance door.

FIRST FLOOR

LOUNGE/DINER
5.64m x 3.23m (186 x 107)
UPVC double glazed window, newly fitted modern electric fire and surround and radiator.

KITCHEN
3.38m x 3.31m (111 x 1010)
UPVC double glazed window to the rear aspect. Modern fitted kitchen with a range of wall and base units and complementary work tops, space for oven with extractor fan over, sink with mixer tap, space for washing machine and fridge, radiator and boiler.

BEDROOM ONE
4.27m x 3.31m (140 x 1010)
UPVC double glazed window to front aspect, fitted wardrobes and radiator.

BEDROOM TWO
3.24m x 2.03m (108 x 68)
UPVC double glazed window to the front aspect.

SHOWER ROOM
3.31m x 1.39m (1010 x 47)
Modern fitted three piece suite briefly comprising: Shower cubicle, low flush w.c, wash hand basin and radiator.

EXTERNAL

PARKING
Allocated parking to the front.

GARDEN
Communal yard to the rear.

TENURE
We have been informed that the property is Freehold; Prospective purchasers should seek clarification of this from their solicitors.

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 💪

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CashflowsOpen in Analyser

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Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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Cashflows

Local Sold Prices

Local Rents