3 Bed Terraced House, Single Let, Blackpool, FY3 7RL, £100,000

Bathurst Avenue, Blackpool, Lancashire, FY3 7RL - 2 views - 10 months ago

Sold STC
BTL
ROI: 10%
~86 m²
+12 photos

ValuationUndervalued

Sold Prices£69K - £325K
Sold Prices/m²£625/m² - £3.2K/m²

 

 

Square Metres

~86.10 m²
Price/m²£1.2K/m²

Value Estimate

£120,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£25,000

Stamp Duty & Legal Fees

£6,200

Total Cash In

£31,200

 

 

Cash Out

 

Rent Range

£725 - £1,150

Rent Estimate

£725

Running Costs/mo

£478

Cashflow/mo

£248

Cashflow/yr

£2,970

ROI

10%

Gross Yield

9%

Local Sold Prices

50 sold prices from £69K to £325K, average is £135.5K. £625/m² to £3.2K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£90K02/210 mi14, Bathurst Avenue, Blackpool FY3 7RL3
£167.5K09/210.12 mi10, Tarnbrook Drive, Blackpool FY3 7QA3
£90K05/230.16 mi4, Elgin Place, Blackpool FY3 7RY3
£115K04/230.18 mi8, Newton Place, Blackpool, Lancashire FY3 7PT3
£105K03/210.18 mi15, Newton Place, Blackpool, Lancashire FY3 7PT3
£305K09/210.19 mi263, Newton Drive, Blackpool FY3 8PY3
£225K09/210.21 mi12, Normoss Avenue, Blackpool, Lancashire FY3 7PU3
£128K04/210.23 mi16, Ravenswood Avenue, Blackpool FY3 7SJ3
£126K04/230.23 mi4, Moresby Avenue, Blackpool, Lancashire FY3 7ST3
£129.9K11/200.23 mi12, Moresby Avenue, Blackpool, Lancashire FY3 7ST3
£95K03/210.24 mi26, Furness Avenue, Blackpool FY3 7QQ3
£185K12/220.24 mi187, St Walburgas Road, Blackpool FY3 7EF3
£162K03/210.25 mi44, Ledbury Road, Blackpool, Lancashire FY3 7SP3
£133.5K10/200.25 mi6, Ledbury Road, Blackpool, Lancashire FY3 7SP3
£225K10/220.26 mi2, Heron Way, Blackpool FY3 8FB3
£147K06/210.27 mi19, Warwick Place, Blackpool, Lancashire FY3 7SS3
£136K07/210.27 mi15, Bideford Avenue, Blackpool FY3 8PU3
£122K01/210.27 mi2, St Bernard Avenue, Blackpool FY3 7EH3
£255K11/200.27 mi231, Normoss Road, Blackpool, Lancashire FY3 8QW3
£285K01/230.27 mi166, Normoss Road, Blackpool, Lancashire FY3 8QW3
£175K06/230.28 mi147, St Walburgas Road, Blackpool FY3 7EY3
£120K04/230.32 mi76, Lakeway, Blackpool FY3 8PF3
£130K12/200.32 mi6, Grebe Close, Blackpool, Lancashire FY3 8FR3
£85K02/230.33 mi14, Hockley Place, Blackpool FY3 7NY3
£86K05/210.33 mi21, Marlhill Road, Blackpool FY3 7TG3
£300K04/210.34 mi236, Newton Drive, Blackpool FY3 8NB3
£325K05/230.34 mi11, Burwood Drive, Blackpool FY3 8NS3
£205K11/200.34 mi44, Burwood Drive, Blackpool FY3 8NS3
£270K12/200.34 mi11, Burwood Drive, Blackpool FY3 8NS3
£120K11/200.34 mi53, Lakeway, Blackpool FY3 8PE3
£135K03/210.34 mi45, Lakeway, Blackpool FY3 8PE3
£160.5K06/210.34 mi26, Ravens Close, Blackpool, Lancashire FY3 7SL3
£200K12/200.35 mi58, Plovers Way, Blackpool FY3 8FE3
£69K12/200.35 mi70, Scorton Avenue, Blackpool FY3 7HD3
£155K03/230.35 mi14, Ravenswood Avenue, Blackpool, Lancashire FY3 7SJ3
£198K11/210.35 mi34, Whitemoss Avenue, Blackpool, Lancashire FY3 8QA3
£179K08/230.35 mi35, Whitemoss Avenue, Blackpool, Lancashire FY3 8QA3
£150K01/210.35 mi25, Whitemoss Avenue, Blackpool, Lancashire FY3 8QA3
£115K04/210.35 mi4, Beckway Avenue, Blackpool FY3 8JY3
£220K07/210.36 mi23, Heron Way, Blackpool, Lancashire FY3 8FA3
£180K01/210.37 mi5, Snipe Close, Blackpool, Lancashire FY3 8FQ3
£130K03/210.37 mi32, Whinney Heys Road, Blackpool FY3 8NP3
£95K03/230.38 mi85, Grange Road, Blackpool FY3 8PJ3
£132K07/210.39 mi10, Dobson Road, Blackpool, Lancashire FY3 7SH3
£115K06/230.39 mi19, Blairway Avenue, Blackpool FY3 8LB3
£110K06/210.41 mi68, Chepstow Road, Blackpool FY3 7PJ3
£160K11/200.42 mi3, Westfield Avenue, Staining, Blackpool, Lancashire FY3 8QB3
£139.9K01/210.43 mi10, Nethway Avenue, Blackpool FY3 8JU3
£93.5K03/210.44 mi99, Argosy Avenue, Blackpool FY3 7NG3
£132K03/210.44 mi28, Avenue Road, Blackpool FY3 7SG3

Local Rents

21 rents from £725/mo to £1.1K/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£72504/240.12 mi-3
£80004/240.34 miBurwood Drive, FY3 8NS3
£79504/240.35 miBeckway Avenue, Blackpool3
£1,15004/240.36 miWindsor Road, Blackpool3
£72502/240.41 mi-3
£1,05012/240.41 mi-3
£1,05003/250.41 mi-3
£79504/240.44 miArgosy Avenue, Blackpool, Lancashire, FY33
£90002/250.44 mi-3
£75004/240.46 miSchofield Avenue, Blackpool, FY3 8QD3
£92504/240.48 mi-3
£80003/250.48 mi-3
£80004/240.5 miShaftesbury Avenue, Staining, Blackpool3
£1,00003/250.52 mi-3
£95004/240.55 miDeneway Avenue, Blackpool3
£82505/240.59 mi-3
£82504/240.59 miMeyler Avenue, Blackpool, FY33
£95004/240.6 mi-3
£95005/240.6 mi-3
£95004/240.6 miWades Court, Blackpool, FY33
£95008/230.6 mi-3

Local Area Statistics

Population in FY3

31,569

Population in Blackpool

133,713

Town centre distance

0.77 miles away

Nearest school

0.20 miles away

Nearest train station

0.80 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+2%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Price changed to £100,000

November 27, 2024

Price changed to £110,000

October 18, 2024

Listed for £120,000

June 21, 2024

Floor Plans

Description

  • Three Bedroom MId Terrace House +
  • Spacious Open Plan Lounge Diner +
  • Fitted Kitchen, G/Floor Wc Room +
  • Three Good Size Bedrooms, Three Piece Bathroom +
  • Gas Central Heating, uPVC Double Glazing +
  • Gardens To The Front And Rear +
  • Sold With No Onward Chain, Viewing Essential +

This three bedroom mid terrace house offers good sized accommodation throughout, that with some updating works would make an ideal first time purchase/family home.

On entry to the ground floor there is an entrance hallway, spacious open plan lounge/diner along with a good size fitted kitchen with ground floor wc room. The first floor houses three generous sized bedrooms and a three piece bathroom suite.

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

Situated in a much sought after residential area on the doorstep of the picturesque Stanley Park and Blackpool Victoria Hospital. The property is also ideally placed for access to amenities, well performing local schools and transport links including access to the M55 Motorway network.

Agent Details

Entwistle Green, Blackpool

01253 835054

Next Steps?

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