3 Bed Terraced House, Single Let, Blackpool, FY1 2RH, £95,000

32 Sutherland View, Blackpool, £95,000 - 5 views - 9 months ago

BTL

ROI: 5%

75 m²

+9 photos

ValuationUndervalued

Sold Prices	£50.5K - £245K
Sold Prices/m²	£563/m² - £2.4K/m²

Square Metres	75 m²
Price/m²	£1.3K/m²
Value Estimate	£102,475£102,475
BMV	8%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£23,750£23,750
Stamp Duty & Legal Fees	£4,050£4,050
Total Cash In	£27,800£27,800

Cash Out
Rent Range	£500 - £4,500£500 - £4,500
Rent Estimate	£550
Running Costs/mo	£427£427
Cashflow/mo	£123£123
Cashflow/yr	£1,478£1,478
ROI	5%5%
Gross Yield	7%7%

Local Sold Prices

50 sold prices from £50.5K to £245K, average is £123.8K. £563/m² to £2.4K/m², average is £1.3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£50.5K	03/21	0.03 mi	46, Sutherland Road, Blackpool FY1 2QT	-	-	3	Terraced House
£70K	11/20	0.1 mi	1, Grantham Road, Blackpool FY1 2RF	£680	103	3	Terraced House
£72.5K	03/23	0.1 mi	20, Leavesley Road, Blackpool FY1 2QP	-	-	3	Semi-Detached House
£90K	06/21	0.1 mi	4, Leavesley Road, Blackpool FY1 2QP	£1,304	69	3	Semi-Detached House
£115K	01/23	0.13 mi	1, Newman Road, Blackpool FY1 2QN	£1,667	69	3	Semi-Detached House
£120K	03/21	0.14 mi	151, Warley Road, Blackpool FY1 2RW	-	-	3	Semi-Detached House
£149.9K	06/21	0.14 mi	139, Warley Road, Blackpool FY1 2RW	£1,704	88	3	Semi-Detached House
£59K	03/21	0.14 mi	45a, Handsworth Road, Blackpool FY1 2RQ	-	-	3	Terraced House
£99K	10/21	0.16 mi	23, Claremont Road, Blackpool FY1 2QF	£917	108	3	Terraced House
£138K	01/23	0.16 mi	25, Coopers Way, Blackpool FY1 3RJ	£1,467	94	3	Terraced House
£155K	02/21	0.16 mi	140, Warley Road, Blackpool FY1 2RP	£1,076	144	3	Semi-Detached House
£170K	03/23	0.16 mi	174, Warley Road, Blackpool FY1 2RP	£2,329	73	3	Semi-Detached House
£125K	05/21	0.16 mi	156, Warley Road, Blackpool FY1 2RP	£1,190	105	3	Semi-Detached House
£170K	07/23	0.16 mi	146, Warley Road, Blackpool FY1 2RP	-	-	3	Semi-Detached House
£245K	12/21	0.16 mi	134, Warley Road, Blackpool FY1 2RP	-	-	3	Detached House
£67K	05/21	0.21 mi	57, Sherbourne Road, Blackpool FY1 2PQ	£563	119	3	Terraced House
£190K	08/22	0.22 mi	11, Geldof Drive, Blackpool FY1 2AQ	£2,405	79	3	Detached House
£200K	03/23	0.22 mi	268, Devonshire Road, Blackpool FY2 0TL	£1,980	101	3	Semi-Detached House
£92K	02/23	0.22 mi	96, Sherbourne Road, Blackpool FY1 2PG	£1,082	85	3	Semi-Detached House
£84K	08/21	0.22 mi	79, Sherbourne Road, Blackpool FY1 2PG	£808	104	3	Semi-Detached House
£127.5K	11/20	0.22 mi	200, Devonshire Road, Blackpool FY3 7AA	-	-	3	Semi-Detached House
£148.7K	06/21	0.22 mi	193, Devonshire Road, Blackpool FY3 7AA	£1,813	82	3	Semi-Detached House
£137K	02/23	0.22 mi	169, Devonshire Road, Blackpool FY3 7AA	-	-	3	Semi-Detached House
£135K	03/23	0.22 mi	197, Devonshire Road, Blackpool FY3 7AA	£1,627	83	3	Semi-Detached House
£105K	03/21	0.24 mi	5, Waverley Avenue, Blackpool FY1 2RT	£1,134	93	3	Semi-Detached House
£130K	03/21	0.24 mi	25, Waverley Avenue, Blackpool FY1 2RT	£1,711	76	3	Semi-Detached House
£108.5K	02/21	0.24 mi	46, Westminster Road, Blackpool FY1 2RN	£919	118	3	Semi-Detached House
£130K	02/21	0.25 mi	25, Teesdale Avenue, Blackpool FY2 0TH	£1,605	81	3	Semi-Detached House
£98K	11/21	0.26 mi	19, Catterall Close, Blackpool FY1 3RB	-	-	3	Semi-Detached House
£122.5K	11/22	0.26 mi	9, Ramsey Avenue, Blackpool FY3 7AH	£1,424	86	3	Terraced House
£111.5K	12/21	0.27 mi	10, St Pauls Road, Blackpool FY1 2NY	£899	124	3	Terraced House
£135K	01/23	0.28 mi	39, Clifford Road, Blackpool FY1 2PU	£1,265	107	3	Terraced House
£150K	07/21	0.28 mi	29, Links Road, Blackpool FY1 2RU	£1,293	116	3	Semi-Detached House
£72.5K	04/21	0.29 mi	46, Clifford Road, Blackpool FY1 2PU	-	-	3	Terraced House
£96K	06/21	0.29 mi	11, Leckhampton Road, Blackpool FY1 2NB	£667	144	3	Terraced House
£91K	07/21	0.29 mi	6, Leckhampton Road, Blackpool FY1 2NB	£1,022	89	3	Semi-Detached House
£135K	04/23	0.29 mi	27, Douglas Avenue, Blackpool FY3 7AL	£1,731	78	3	Terraced House
£160K	04/23	0.29 mi	14, Douglas Avenue, Blackpool FY3 7AL	-	-	3	Terraced House
£115K	08/21	0.29 mi	44, Repton Avenue, Blackpool FY1 2RZ	£1,448	79	3	Terraced House
£110K	11/21	0.29 mi	41, Repton Avenue, Blackpool FY1 2RZ	-	-	3	Terraced House
£131K	05/23	0.29 mi	47, Repton Avenue, Blackpool FY1 2RZ	£1,560	84	3	Terraced House
£57.5K	11/20	0.31 mi	34, Peel Avenue, Blackpool FY3 7AF	£777	74	3	Terraced House
£130K	04/21	0.31 mi	40, Mansfield Road, Blackpool FY3 7AE	£1,111	117	3	Semi-Detached House
£107.5K	06/21	0.31 mi	26, Wynnwood Avenue, Blackpool FY1 2SA	-	-	3	Terraced House
£131K	05/21	0.31 mi	2, Wynnwood Avenue, Blackpool FY1 2SA	£1,617	81	3	Semi-Detached House
£172K	06/23	0.32 mi	24, Hodgson Road, Blackpool FY1 2LZ	-	-	3	Semi-Detached House
£191K	09/21	0.32 mi	314, Devonshire Road, Blackpool FY2 0TW	-	-	3	Semi-Detached House
£165K	07/23	0.32 mi	291, Devonshire Road, Blackpool FY2 0TW	£1,528	108	3	Semi-Detached House
£109K	12/20	0.32 mi	303, Devonshire Road, Blackpool FY2 0TW	-	-	3	Semi-Detached House
£85K	11/20	0.32 mi	209, Talbot Road, Blackpool FY3 7AS	£817	104	3	Semi-Detached House

Local Rents

35 rents from £500/mo to £4.5K/mo, average is £800/mo.

Rent	Date	Distance	Address	Beds	Type
£700	04/24	0.04 mi	Avon Place, Blackpool, FY1 2QX	3	Terraced House
£725	05/24	0.09 mi	-	3	Semi-Detached House
£700	12/24	0.09 mi	-	3	Semi-Detached House
£825	04/24	0.15 mi	Chesterfield Road, Blackpool, Lancashire, FY1	3	Terraced House
£775	04/24	0.15 mi	Chesterfield Road, Blackpool	3	Terraced House
£850	04/24	0.16 mi	Coopers Way, Blackpool, FY1	3	Terraced House
£850	04/24	0.23 mi	Devonshire Road, Blackpool, Lancashire, FY3	3	Terraced House
£800	02/25	0.24 mi	-	3	Terraced House
£650	04/24	0.27 mi	Cheltenham Road, Blackpool, FY1 2PR	3	Flat
£825	12/24	0.29 mi	-	3	Semi-Detached House
£795	07/24	0.3 mi	-	3	Terraced House
£700	04/24	0.35 mi	Hardman Street, Blackpool, Lancashire, FY1	3	Terraced House
£775	05/24	0.36 mi	Hardman Street, Blackpool	3	Terraced House
£725	04/24	0.37 mi	-	3	Terraced House
£795	09/24	0.37 mi	-	3	Terraced House
£500	12/24	0.42 mi	-	3	Terraced House
£800	05/24	0.43 mi	Braithwaite Street, Blackpool, FY1 2HS	3	Terraced House
£1,150	03/25	0.44 mi	-	3	Semi-Detached House
£900	06/24	0.44 mi	Mexford Avenue, Blackpool	3	Terraced House
£725	01/25	0.48 mi	-	3	Terraced House
£725	01/25	0.48 mi	-	3	Terraced House
£800	04/24	0.51 mi	Selbourne Road, Blackpool, Lancashire, FY1	3	Terraced House
£1,200	04/25	0.52 mi	-	3	Semi-Detached House
£800	04/24	0.55 mi	-	3	Terraced House
£1,050	02/25	0.58 mi	-	3	Semi-Detached House
£975	04/24	0.58 mi	Warbreck Drive, Blackpool, FY2 9RZ	3	House
£900	04/24	0.59 mi	Bispham, Blackpool, FY2 9RZ	3	Terraced House
£925	03/24	0.59 mi	-	3	Semi-Detached House
£800	05/24	0.59 mi	Manchester Road, Blackpool, FY3 8BP	3	Semi-Detached House
£1,400	03/24	0.6 mi	-	3	Semi-Detached House
£1,300	04/25	0.6 mi	-	3	Semi-Detached House
£4,500	06/24	0.61 mi	-	3	Flat
£4,500	04/24	0.61 mi	Empress Drive, Blackpool, FY2	3	Flat
£1,050	02/24	0.61 mi	-	3	Semi-Detached House
£750	04/24	0.61 mi	Caunce Street, Blackpool	3	Terraced House

Local Area Statistics

Population in FY1	33,50533,505
Population in Blackpool	133,713133,713
Town centre distance	1.64 miles away1.64 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.55 miles away0.55 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+26%+26%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+11%+11%

Property History

Listed for £95,000

July 18, 2024

Description

Buy To Let Opportunity +
Three Bedroom End Terrace +
Sold With Tenant In Situ +
Currently Achieving £550 PCM. +
Viewing By Appointment Only +

BUY TO LET OPPORTUNITY Tiger Estates Introduce To The Market This Three Bedroom End-Terraced Family Home Available With A Long Term Tenant In Situ, Currently Paying £550 PCM. Viewing By Appointment Only.

For More Information Or For Your Viewing Call Tiger Estates Today!

Agent Details

Tiger Sales & Lettings, Blackpool

01253 835609

Next Steps?

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

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