2 Bed Terraced House, Single Let, Fleetwood, FY7 6LP, £50,000

Poulton Street, Fleetwood, Lancashire, FY7 6LP - 6 months ago

Sold STC
Leasehold
Auction
BTL
ROI: 23%
~68 m²
+3 photos

ValuationUndervalued

Sold Prices£55K - £190K
Sold Prices/m²£591/m² - £3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£734/m²

Value Estimate

£60,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£12,500

Stamp Duty & Legal Fees

£2,700

Total Cash In

£15,200

 

 

Cash Out

 

Rent Range

£450 - £890

Rent Estimate

£584

Running Costs/mo

£293

Cashflow/mo

£291

Cashflow/yr

£3,491

ROI

23%

Gross Yield

14%

Local Sold Prices

50 sold prices from £55K to £190K, average is £86.5K. £591/m² to £3K/m², average is £1.1K/m².

PriceDateDistanceAddressBeds 
£110K01/230.01 mi29, North Albion Street, Fleetwood, Lancashire FY7 6SZ2
£55K10/200.08 mi58, Poulton Street, Fleetwood, Lancashire FY7 6LP2
£85K04/230.09 mi69, Walmsley Street, Fleetwood, Lancashire FY7 6LJ2
£100K09/230.13 mi91, Mount Street, Fleetwood, Lancashire FY7 6LD2
£92.5K10/210.13 mi102, Mount Street, Fleetwood, Lancashire FY7 6LD2
£87K08/210.17 mi93, Preston Street, Fleetwood, Lancashire FY7 6LA2
£62K08/210.17 mi36, Mount Street, Fleetwood, Lancashire FY7 6HY2
£76K01/230.18 mi70, Preston Street, Fleetwood, Lancashire FY7 6LA2
£68K12/200.18 mi77, Blakiston Street, Fleetwood, Lancashire FY7 6LF2
£83K01/230.18 mi86, Radcliffe Road, Fleetwood, Lancashire FY7 6SJ2
£78K09/210.18 mi102, Blakiston Street, Fleetwood, Lancashire FY7 6LF2
£85K08/210.18 mi120, Mount Street, Fleetwood, Lancashire FY7 6LE2
£58K02/210.18 mi130, Mount Street, Fleetwood, Lancashire FY7 6LE2
£57K01/210.2 mi10, Warwick Place, Fleetwood, Lancashire FY7 6QY2
£119K10/210.2 mi65, Bayside, Fleetwood, Lancashire FY7 6FZ2
£86K10/210.22 mi31, Harris Street, Fleetwood, Lancashire FY7 6QX2
£86K02/210.22 mi26, Percy Street, Fleetwood, Lancashire FY7 7AD2
£97.5K02/210.23 mi5, Seaview Way, Fleetwood, Lancashire FY7 6FY2
£110K06/210.25 mi67, Kemp Street, Fleetwood, Lancashire FY7 6DY2
£98K11/210.25 mi82, Kemp Street, Fleetwood, Lancashire FY7 6DY2
£80K12/220.25 mi14, Seymour Street, Fleetwood, Lancashire FY7 7AG2
£68K06/210.25 mi73, Kemp Street, Fleetwood, Lancashire FY7 6DY2
£82K12/230.26 mi72, Blakiston Street, Fleetwood, Lancashire FY7 6EW2
£95K07/210.26 mi149, Poulton Road, Fleetwood, Lancashire FY7 7AP2
£100K03/210.27 mi43, Quayside, Fleetwood, Lancashire FY7 6FX2
£118K07/230.27 mi39, Quayside, Fleetwood, Lancashire FY7 6FX2
£120K08/210.27 mi10, Abercrombie Road, Fleetwood, Lancashire FY7 7AU2
£135.9K11/200.27 mi38, Abercrombie Road, Fleetwood, Lancashire FY7 7AU2
£91K01/210.28 mi65, Warren Street, Fleetwood, Lancashire FY7 6EA2
£83K02/230.28 mi46, Warren Street, Fleetwood, Lancashire FY7 6EA2
£91K01/210.28 mi65, Warren Street, Fleetwood, Lancashire FY7 6EA2
£72.5K12/200.28 mi76, Warren Street, Fleetwood, Lancashire FY7 6EA2
£77.5K09/230.29 mi125, Kemp Street, Fleetwood, Lancashire FY7 6DZ2
£107K12/200.29 mi13, Wolsley Road, Fleetwood, Lancashire FY7 7AQ2
£98K03/210.3 mi83, Warren Street, Fleetwood, Lancashire FY7 6EA2
£71.5K11/200.31 mi10, Jones Grove, Fleetwood, Lancashire FY7 6ES2
£92K07/210.31 mi40, Blakiston Street, Fleetwood, Lancashire FY7 6EN2
£90K08/230.31 mi64, Blakiston Street, Fleetwood, Lancashire FY7 6EN2
£95K12/200.31 mi56, Blakiston Street, Fleetwood, Lancashire FY7 6EN2
£97K10/230.31 mi40, Blakiston Street, Fleetwood, Lancashire FY7 6EN2
£81.5K05/210.32 mi107, Addison Road, Fleetwood, Lancashire FY7 6UB2
£89K12/220.32 mi157, Poulton Road, Fleetwood, Lancashire FY7 7AP2
£74K03/210.37 mi65, Victoria Street, Fleetwood, Lancashire FY7 6EJ2
£78K07/230.37 mi55, Victoria Street, Fleetwood, Lancashire FY7 6EJ2
£95K09/230.37 mi77, Victoria Street, Fleetwood, Lancashire FY7 6EJ2
£74K03/210.37 mi65, Victoria Street, Fleetwood, Lancashire FY7 6EJ2
£70K12/200.37 mi54, Victoria Street, Fleetwood, Lancashire FY7 6EJ2
£190K12/200.38 mi23, Dronsfield Road, Fleetwood, Lancashire FY7 7BW2
£115K04/210.38 mi32, Dronsfield Road, Fleetwood, Lancashire FY7 7BW2
£85K08/230.38 mi120, Addison Road, Fleetwood, Lancashire FY7 6SG2

Local Rents

44 rents from £450/mo to £890/mo, average is £663/mo.

RentDateDistanceAddressBeds 
£55012/240.06 mi-2
£65004/240.08 miPoulton Street, Fleetwood, FY72
£75010/240.13 mi-2
£60712/240.14 mi-2
£72501/250.16 mi-2
£65004/240.17 miBlakiston Street, Fleetwood2
£67504/240.2 miWarwick Place, Fleetwood, FY72
£65004/240.2 miBayside, Fleetwood, Lancashire, FY72
£72504/240.25 miClifton Road, Fleetwood, FY72
£62504/240.27 miQuayside, Fleetwood, Lancashire, FY72
£85005/240.28 mi-2
£75002/240.28 mi-2
£85004/240.28 miAbbotts Walk, Fleetwood, FY72
£65004/240.28 miWarren Street, Fleetwood, FY72
£89010/240.29 mi-2
£79012/240.29 mi-2
£65004/240.31 mi-2
£65012/240.33 mi-2
£85011/240.33 mi-2
£75004/240.34 miAdelaide Street, Fleetwood, FY72
£67512/240.34 miAdelaide Street, Fleetwood, FY72
£67504/240.34 miMarina Mews, Fleetwood, Lancashire, FY72
£63001/250.34 mi-2
£65004/240.36 mi-2
£79011/240.36 mi-2
£45004/240.36 miFlat B, 38 Church Street, Fleetwood, Lancashire, FY72
£60012/240.38 miVictoria Street, Fleetwood, FY72
£65004/240.38 miGordon Road, Fleetwood, Lancashire, FY72
£70004/240.4 miKeel House, Bulkhead Drive, Fleetwood, Lancashire, FY72
£75012/240.42 mi-2
£55004/240.42 miCross Street, Fleetwood, FY72
£65004/240.44 miPharos Street, Fleetwood, Lancashire, FY72
£70012/240.45 mi-2
£72512/240.45 mi-2
£60004/240.46 miPharos Grove, Fleetwood, Lancashire, FY72
£65010/240.47 mi-2
£62512/240.47 mi-2
£65012/240.47 mi-2
£67504/240.47 mi48 North Albert Street2
£85004/240.48 miPioneer Close, Fleetwood, FY72
£50012/240.49 mi-2
£69512/240.5 mi-2
£57504/240.51 miDock Street, Fleetwood2
£70004/240.54 miQueens Terrace, Fleetwood2

Local Area Statistics

Population in FY7

25,913

Population in Fleetwood

25,917

Town centre distance

0.83 miles away

Nearest school

0.10 miles away

Nearest train station

5.15 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-5%

Sales demand

Balanced market

Capital growth (5yrs)

+10%

Property History

Listed for £50,000

July 17, 2024

Description

  • Being Sold via Secure Sale online bidding. Terms and Conditions apply. +
  • Two Bedrooms +
  • Two Reception Rooms +
  • Bathroom +

Welcome to this charming mid-terrace house located on Poulton Street, Fleetwood.

This property boasts two cosy bedrooms, perfect for a small family or as a spacious home office.

With two reception rooms, there is ample space for creating a separate dining area.

Although this house requires some modernising throughout, it presents a fantastic opportunity to put your personal touch on it and make it truly your own.

The great location of this property ensures easy access to public transport routes, making commuting a breeze.

Don't miss out on the chance to own this lovely house in Fleetwood.

We have been advised that the ground rent has not been collected for the past 20 plus years.

Contact us today to arrange a viewing and envision the potential this property holds for you!

Council Tax Band: A
Tenure: Leasehold
Length Of Lease: 850
Annual Ground Rent Amount: £2.00

Agent Details

Pattinson Estate Agents, Auction

0191 625 0242

Next Steps?

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