2 Bed Flat, Single Let, Blackpool, FY4 1DL, £66,000





ValuationOvervalued
Sold Prices | £42K - £129.9K |
Sold Prices/m² | £672/m² - £1.9K/m² |
| |
Square Metres | ~51.65 m² |
Price/m² | £1.3K/m² |
Value Estimate | £48,121 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £16,500 |
Stamp Duty & Legal Fees | £4,500 |
Total Cash In | £21,000 |
| |
Cash Out | |
Rent Range | £450 - £1,733 |
Rent Estimate | £503 |
Running Costs/mo | £327 |
Cashflow/mo | £176 |
Cashflow/yr | £2,114 |
ROI | 10% |
Gross Yield | 9% |
Local Sold Prices
22 sold prices from £42K to £129.9K, average is £60.5K. £672/m² to £1.9K/m², average is £932/m².
Local Rents
44 rents from £450/mo to £1.7K/mo, average is £650/mo.
Local Area Statistics
Population in FY4 | 43,982 |
Population in Blackpool | 133,713 |
Town centre distance | 2.15 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 0.13 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +58% |
Sales demand | Balanced market |
Capital growth (5yrs) | +12% |
Property History
Price changed to £66,000
December 4, 2024
Price changed to £67,000
November 8, 2024
Listed for £69,950
June 27, 2024
Floor Plans

Description
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