2 Bed Terraced House, Single Let, Blackpool, FY3 8BA, £69,950

26 Warwick Road, Blackpool, FY3 8BA - 2 views - 9 months ago

Leasehold
BTL
ROI: 14%
109 m²
+19 photos

ValuationUndervalued

Sold Prices£55K - £170K
Sold Prices/m²£707/m² - £1.8K/m²

 

 

Square Metres

109 m²
Price/m²£642/m²

Value Estimate

£85,339
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£17,488

Stamp Duty & Legal Fees

£3,299

Total Cash In

£20,786

 

 

Cash Out

 

Rent Range

£550 - £1,350

Rent Estimate

£594

Running Costs/mo

£357

Cashflow/mo

£237

Cashflow/yr

£2,839

ROI

14%

Gross Yield

10%

Local Sold Prices

50 sold prices from £55K to £170K, average is £80.3K. £707/m² to £1.8K/m², average is £1.1K/m².

PriceDateDistanceAddressBeds 
£76.5K09/210.03 mi18, Heald Street, Blackpool FY3 8BG2
£65K08/210.03 mi3, Heald Street, Blackpool FY3 8BG2
£60.5K07/210.03 mi6, Heald Street, Blackpool FY3 8BG2
£77.5K03/230.1 mi19, Healey Street, Blackpool FY3 8RW2
£62.5K10/200.1 mi1, Laburnum Street, Blackpool FY3 8RP2
£170K05/210.19 mi1, Ramsey Avenue, Blackpool FY3 7AH2
£170K05/210.19 mi1, Ramsey Avenue, Blackpool FY3 7AH2
£105K10/200.19 mi4, Caledonian Avenue, Blackpool FY3 8RB2
£72K05/210.19 mi7, Whittaker Avenue, Blackpool FY3 8RE2
£72K02/210.19 mi27, Whittaker Avenue, Blackpool FY3 8RE2
£70K03/210.19 mi22, Whittaker Avenue, Blackpool FY3 8RE2
£60K06/210.22 mi17, Beresford Street, Blackpool FY1 3RF2
£96K05/230.27 mi23, Gorton Street, Blackpool FY1 3HP2
£75K04/230.28 mi29, Ascot Road, Blackpool FY3 8DG2
£91K09/210.29 mi10, Brierley Avenue, Blackpool FY3 8HP2
£109K11/200.29 mi17, Sussex Road, Blackpool FY3 8HW2
£75K12/210.3 mi2, Handley Road, Blackpool FY1 3HW2
£85K05/210.3 mi32, Broughton Avenue, Blackpool FY3 8EQ2
£85K12/220.31 mi3, Camden Road, Blackpool FY3 8HN2
£92K06/230.31 mi31, Butler Street, Blackpool FY1 3HR2
£77.5K11/200.31 mi66, Enfield Road, Blackpool FY1 2RB2
£75K12/200.31 mi19, Rathlyn Avenue, Blackpool FY3 8ED2
£56K03/230.31 mi21, Fisher Street, Blackpool FY1 3HX2
£61.5K12/200.32 mi43, Fisher Street, Blackpool FY1 3HX2
£64K11/200.32 mi81, Handsworth Road, Blackpool FY1 2QZ2
£85K06/210.33 mi82, Charles Street, Blackpool FY1 3JL2
£165K07/220.33 mi28, Camden Road, Blackpool FY3 8HN2
£80.5K12/200.33 mi21, Larbreck Avenue, Blackpool FY3 8EF2
£78K11/200.33 mi6, Hampstead Mews, Blackpool FY1 2SG2
£64K02/230.33 mi19, Larbreck Avenue, Blackpool FY3 8EF2
£91.5K09/210.34 mi19, Smithy Mews, Blackpool FY1 2EQ2
£85K07/210.34 mi42, Drummond Avenue, Blackpool FY3 8EG2
£80K06/230.34 mi7, Drummond Avenue, Blackpool FY3 8EG2
£80K11/200.34 mi70, Drummond Avenue, Blackpool FY3 8EG2
£77.5K04/210.34 mi62, Drummond Avenue, Blackpool FY3 8EG2
£82.5K03/210.34 mi38, Drummond Avenue, Blackpool FY3 8EG2
£95K05/210.35 mi16, Granville Road, Blackpool FY1 3NP2
£55K01/210.35 mi11, Fairfield Road, Blackpool FY1 2RA2
£75K01/230.35 mi53, Manchester Road, Blackpool FY3 8DN2
£77K12/200.35 mi11, Stanhope Road, Blackpool FY1 2QY2
£77K12/200.36 mi10, Leavesley Road, Blackpool FY1 2QP2
£83K02/230.36 mi60, Manchester Road, Blackpool FY3 8DN2
£83K07/230.36 mi27, Manchester Road, Blackpool FY3 8DN2
£85K08/210.36 mi3, Manchester Road, Blackpool FY3 8DN2
£83K03/210.36 mi31, Broughton Avenue, Blackpool FY3 8EQ2
£84.5K03/210.36 mi5, Broughton Avenue, Blackpool FY3 8EQ2
£83K03/210.36 mi31, Broughton Avenue, Blackpool FY3 8EQ2
£83K03/210.36 mi31, Broughton Avenue, Blackpool FY3 8EQ2
£90K12/220.36 mi26, Broughton Avenue, Blackpool FY3 8EQ2
£86K12/200.38 mi6, Coveway Avenue, Blackpool FY3 8ET2

Local Rents

50 rents from £550/mo to £1.4K/mo, average is £675/mo.

RentDateDistanceAddressBeds 
£62503/250.02 mi-2
£62504/240.02 mi-2
£62504/240.03 miChester Road, Blackpool2
£75012/240.03 mi-2
£67504/240.03 miChester Road, Blackpool, Lancashire, FY32
£57512/240.04 mi-2
£60005/240.1 mi-2
£60003/250.1 mi-2
£65004/240.1 miLaburnum Street, Blackpool, Blackpool2
£67504/240.11 miCypress Grove, Blackpool, FY3 8RR2
£66503/240.23 mi-2
£66505/240.23 mi-2
£67503/250.23 mi-2
£66504/240.23 miCoopers Way, Blackpool, FY12
£66504/240.23 miCoopers Way, Blackpool, FY12
£69502/240.23 mi-2
£63502/250.25 mi-2
£1,35001/240.3 mi-2
£1,35001/250.3 mi-2
£80005/240.31 miRathlyn Avenue, Blackpool2
£65012/240.31 mi-2
£69001/250.33 mi-2
£70012/240.33 mi-2
£68004/250.34 mi-2
£99504/250.34 mi-2
£77502/250.34 mi-2
£77501/250.34 mi-2
£67504/240.36 mi-2
£62504/240.36 mi-2
£67504/240.37 mi-2
£65004/250.38 mi-2
£69501/250.38 mi-2
£65004/240.41 mi-2
£70004/250.41 mi-2
£55003/250.42 mi-2
£90002/250.43 mi-2
£70002/250.43 mi-2
£57505/240.43 miDanesbury Place, BLACKPOOL, FY1 3LX2
£80004/250.43 mi-2
£65004/240.43 miClaremont Road, Blackpool2
£64005/240.43 mi-2
£65005/240.43 mi-2
£70003/240.45 mi-2
£70004/240.45 miWoburn Road, Blackpool, FY12
£65004/240.45 miWilford Street, Blackpool2
£77505/240.45 miWhitley Avenue, Blackpool, Lancashire, FY32
£97504/240.46 miCourtfield Avenue, Blackpool, Lancashire, FY22
£62504/240.47 mi-2
£75003/250.47 mi-2
£60605/240.48 miLewtas Street, Blackpool, FY1 2DY2

Local Area Statistics

Population in FY3

31,569

Population in Blackpool

133,713

Town centre distance

1.30 miles away

Nearest school

0.10 miles away

Nearest train station

0.49 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+2%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Listed for £69,950

July 24, 2024

Sold for £40,800

2003

Sold for £36,000

2001

Sold for £23,000

1999

Floor Plans

Description

Two Bed Mid-Terrace House in Popular Location.
Vestibule Entrance. Lounge. Kitchen.
2 Bedrooms. Shower Room/W.C.
uPVC Double-Glazing.
Gas Central Heating.
Courtyard Area to Front.
Yard to Rear.
EPC: D
(Floorplan and Measurements to Follow).

PROPERTY DESCRIPTION

VESTIBULE ENTRANCE:
uPVC Double-Glazed entrance door.
Door to Lounge.

LOUNGE:
12' 1" x 11' 7" (max)
uPVC Double-Glazed window to front.
Central heating radiator.
Ceiling light.
Cornice.
Television point.

KITCHEN:
11' 7" x 11' 5" (max)
uPVC Double-Glazed window to rear.
uPVC Double-Glazed door to rear.
Range of wall and base units finished in Grey.
Worktops in Black.
Stainless Steel single drainer sink unit with mixer taps.
Space for slot-in Cooker.
Space for freestanding Fridge/Freezer.
Plumbed for a Washing Machine/Dryer.
Ceiling light.
Central heating radiator.
Logic Combi 30 wall mounted gas fired central heating boiler.
Telephone point.
Stairs to first floor.

BEDROOM ONE:
12' 1" x 11' 7" (max)
uPVC Double-Glazed window to front.
Space for freestanding wardrobes.
Storage cupboard.
Central heating radiator.
Ceiling light.

BEDROOM TWO:
8' 6" x 8' 3" (max)
uPVC Double-Glazed window to rear.
Space for freestanding wardrobes.
Central heating radiator.
Ceiling light.

SHOWER ROOM/W.C.:
5' 6" x 4' 3" (max)
uPVC Double-Glazed window to rear.
3-piece suite in White.
Walk-in shower cubicle.
Ceiling light.
Fully panelled walls.

GARDENS:
Concrete garden to front.
Wooden gate.
Concrete Yard to rear.
Access to rear service road.

TENURE:
The property is Leasehold.

COUNCIL TAX:
The property is in Band A.

LOCATION:
The property is in a sought after location.
There are local shops and facilities a short distance away.
Blackpool town centre is a short distance away.
The M55 Motorway is within commuting distance.

Council Tax Band: A
Tenure: Leasehold

Agent Details

Orchard Estates, Lytham St. Annes

01253 725226

Next Steps?

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