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

Rawcliffe Street, Blackpool, FY4 1DL - 9 months ago

Under Offer
BTL
ROI: 10%
~52 m²
+7 photos

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.

PriceDateDistanceAddressBeds 
£70K01/210.29 mi129, St Heliers Road, Blackpool FY1 6JD2
£62K02/210.49 miFlat 7, Claughton Mansions, Harcourt Road, Blackpool FY4 3ES2
£59K05/210.65 mi29a, Burlington Road, Blackpool FY4 1JS2
£80K07/220.66 mi21, Eccleston Road, Blackpool FY1 6AU2
£52.5K03/230.7 mi22, Condor Grove, Blackpool FY1 5JU2
£87K01/230.72 miFlat C, 189, Bloomfield Road, Blackpool FY1 6QH2
£55K03/210.75 mi55a, Grasmere Road, Blackpool FY1 5HP2
£50K07/210.75 mi59f, Grasmere Road, Blackpool FY1 5HP2
£58K02/210.75 mi53f, Grasmere Road, Blackpool FY1 5HP2
£65K11/210.84 miFlat 8, The Maltings, Yorkshire Street, Blackpool FY1 5BF2
£100K06/230.86 mi2, Park View Court, Blackpool FY4 2RD2
£114K08/230.86 mi10, Park View Court, Blackpool FY4 2RD2
£58K05/210.87 mi26, Condor Grove, Blackpool FY1 5LT2
£129.9K07/210.89 mi68, Clifton Drive, Blackpool FY4 1NX2
£42K10/200.91 miFlat 8, Harrowside Heights, Brixham Place, Blackpool FY4 1LT2
£112.5K09/230.92 mi58, Harrowside, Blackpool FY4 1LY2
£107K05/230.92 mi60, Harrowside, Blackpool FY4 1LY2
£55K07/230.98 mi1c, South Lawn, Blackpool FY4 4BN2
£45K03/210.98 mi1d, South Lawn, Blackpool FY4 4BN2
£78K12/220.98 mi2f, South Lawn, Blackpool FY4 4BN2
£49.5K11/200.99 mi408f, Waterloo Road, Blackpool FY4 4BL2
£58K04/230.99 mi408c, Waterloo Road, Blackpool FY4 4BL2

Local Rents

44 rents from £450/mo to £1.7K/mo, average is £650/mo.

RentDateDistanceAddressBeds 
£52504/240.03 miClarence Court, Rawcliffe Street, Blackpool, FY4 1DJ2
£52505/240.03 miClarence Court, Rawcliffe Street, Blackpool, FY4 1DJ2
£62505/240.07 miWaterloo Road, Blackpool2
£62504/240.11 miDean Street, Blackpool, Lancashire, FY42
£65004/240.12 miBagot Street, Blackpool, Lancashire, FY16EZ2
£69003/250.15 mi-2
£62504/240.15 miStation Road, Blackpool2
£62504/240.15 miStation Road, Blackpool2
£1,73311/240.16 mi-2
£70003/250.19 mi-2
£55004/240.2 miBall Street, Blackpool2
£60004/240.22 miBall Street, Blackpool, Lancashire, FY12
£50012/240.22 mi-2
£65002/250.26 mi-2
£63005/240.27 miHAMPTON ROAD, BLACKPOOL, Blackpool2
£45004/240.27 miOsborne Road, Blackpool2
£45005/240.27 miOsborne Road, Blackpool2
£1,73311/240.28 mi-2
£1,73311/240.28 mi-2
£1,73302/250.28 mi-2
£1,73304/250.28 mi-2
£65003/250.29 mi-2
£85005/240.29 mi-2
£82503/250.29 mi-2
£85005/240.29 miClare Street, Blackpool, FY12
£62504/240.29 miSt Heliers Road, Blackpool2
£68004/240.33 miLytham Road, Blackpool2
£72004/240.33 miLytham Road, Blackpool2
£60005/240.37 miSt. Heliers Road, Blackpool, FY1 6JE2
£65004/240.37 miSt. Annes Road, Blackpool, Lancashire, FY42
£69504/240.37 miAmberbanks Grove, Blackpool2
£1,51703/250.38 mi-2
£70004/240.43 miMoon Avenue, Blackpool, FY1 6EH2
£65001/250.46 mi-2
£65004/250.46 mi-2
£80012/240.46 mi-2
£67504/240.46 miTruro Street, Blackpool, Lancashire, FY42
£1,25004/240.49 mi-2
£59505/240.49 mi-2
£59504/240.49 miHarcourt Road, Blackpool, FY42
£70004/240.52 miFrederick Street, Blackpool2
£60010/230.52 miLonsdale Road, Blackpool2
£65005/240.55 miCentral Drive, Blackpool2
£70005/240.55 miCentral Drive, Blackpool2

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

  • A Two Bedroom Second Floor Apartment +
  • Double Glazed Throughout +
  • Over Head Heating +
  • Well Proportioned Rooms +
  • Sold With No Onward Chain Delay +
  • Close To Local Shops & Blackpool Promenade +
  • Garage Included +
  • Ideal First Time Buy, No Ground Rent +

INTRODUCTION Tiger Sales are pleased to present this spacious and well proportioned 2 bedroom second floor apartment which has many local amenities on its doorstep including shops, buses and the famous Blackpool Promenade.

Sold with no onward chain delay and ideal for any first time buyer or clients downsizing. Also comes with a garage ideal for storage.

On entrance to the building there is a communal hallway with intercom system, stairs to all floors and door to communal rear garden.

The property has an inner hallway leading to a spacious lounge with a double glazed window, fitted carpet and television point. The kitchen is fitted with a matching range of wall and base units, complementary work surfaces, stainless steel sink with mixer tap, space and plumbing for a washing machine, space for cooker and storage cupboard.

There are two double bedrooms with fitted carpet, ceiling light and double glazed windows. A three piece bathroom suite comprising of a panelled bath with combined overhead shower, pedestal wash hand basin and toilet.

Externally there is a communal garden with laid to lawn grass and planted boarders and a single garage with manual up and over door.

Agent Details

Tiger Sales & Lettings, Blackpool

01253 835609

Next Steps?

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