6 Bed Terraced House, Single Let, Blackpool, FY4 1DB, £160,000

8 Moore Street, Blackpool, £160,000 - 1 views - 10 months ago

Under Offer
BTL
63 m²
+24 photos

ValuationOvervalued

Sold Prices£87.5K - £377.5K
Sold Prices/m²£917/m² - £2.2K/m²

 

 

Square Metres

63 m²
Price/m²£2.5K/m²

Value Estimate

£78,382

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£9,200

Total Cash In

£49,200

 

 

Cash Out

 

Rent Range

£575 - £2,600

Rent Estimate

£650

Running Costs/mo

£650

Cashflow/mo

£0

Cashflow/yr

£0

Gross Yield

5%

Local Sold Prices

10 sold prices from £87.5K to £377.5K, average is £198.8K. £917/m² to £2.2K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£340K08/210.35 mi20, Windermere Road, Blackpool FY4 2BX6
£87.5K07/210.45 mi7, Clarendon Road, Blackpool FY1 6EF6
£230K11/200.96 mi20, Tudor Place, Blackpool FY4 1PQ6
£315K11/221.24 mi149, Hornby Road, Blackpool FY1 4JG6
£132K12/221.24 mi84, Regent Road, Blackpool FY1 4NB6
£167.5K12/221.94 mi103, Newton Drive, Blackpool FY3 8LZ6
£155K11/202.38 mi34, Hodgson Road, Blackpool FY1 2LZ6
£250K06/212.44 mi1, Jervis Close, Lytham St. Annes, Lancashire FY8 2RL6
£154K04/212.47 mi24, Warbreck Hill Road, Blackpool FY2 9SP6
£377.5K11/202.87 mi3, Regency Gardens, Blackpool FY2 0WX6

Local Rents

30 rents from £575/mo to £2.6K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£75004/240.12 miWaterloo Road, Blackpool4
£65005/240.13 miShaw Road, Blackpool3
£70003/250.14 mi-5
£79504/250.15 mi-4
£90001/250.15 mi-3
£95005/240.16 miHaig Road, Blackpool, FY13
£95005/240.16 mi-3
£1,50003/250.17 mi-3
£99504/240.26 mi-3
£99504/240.26 mi-3
£1,00012/240.27 mi-3
£87504/240.28 miSt. Heliers Road, Blackpool4
£1,73302/250.31 mi-4
£1,20012/240.34 mi-3
£95002/250.34 mi-3
£1,73302/250.35 mi-3
£89502/250.36 mi-3
£97502/250.39 mi-4
£2,60012/240.41 mi-4
£2,60002/250.41 mi-4
£1,05001/240.46 mi-4
£57501/240.5 mi-3
£65011/240.51 mi-3
£75004/240.53 miJesmond Avenue, Blackpool, FY4 1EJ3
£75004/240.54 miQueensway, Blackpool3
£87011/240.55 mi-3
£75005/240.55 miRangeway Avenue, Blackpool3
£1,25004/240.58 miHudson Road, Blackpool, FY13
£1,25004/240.58 mi-3
£75001/250.6 mi-3

Local Area Statistics

Population in FY4

43,982

Population in Blackpool

133,713

Town centre distance

2.14 miles away

Nearest school

0.30 miles away

Nearest train station

0.14 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+58%

Sales demand

Balanced market

Capital growth (5yrs)

+12%

Property History

Price changed to £160,000

November 15, 2024

Listed for £165,000

June 26, 2024

Floor Plans

Description

  • A Fantastic Investment Opportunity +
  • 3 x 2 Bedroom Flats +
  • Potential Return Of £21,600 Per Annum +
  • Approx 13% Yield Potential +
  • Walking Distance To Local Shops +
  • Ideal Investment Opportunity +
  • Viewing Recommended +

INTRODUCTION Tiger Sales are proud to introduce this fantastic investment opportunity in the form of 3 x 2 bedroom flats in good condition throughout. With a potential return of £21,600 per annum with a 13% yield. An ideal long term investment with viewing highly recommended. Walking distance to the famous Blackpool Promenade.

Flat 1 - On entrance a hallway with doors leading off to all rooms including 2 bedrooms and a modern shower room. There is a fixed staircase leading upstairs to a spacious lounge with a double glazed bay window and a modern kitchen with a range of appliances along with a wall mounted combination boiler.

Flat 2 - To the rear of the building is flat 2 on the ground floor there is a lounge with window to rear, hallway and kitchen, stairs leading to the first floor with contains 2 double bedrooms and a generous size bathroom.

Flat 3 - On the second floor there is the owner occupied apartment. Beautifully presented throughout and offering a spacious living area / kitchen, 2 bedrooms along with a storage cupboard and a bathroom suite.

Each flat has the potential to be rented for approx. £600.00 per calendar month.

Externally to the rear there is a wall enclosure garden with gated access to alley and the front has gated access with pathway to entrance.

Agent Details

Tiger Sales & Lettings, Blackpool

01253 835609

Next Steps?

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