2 Bed Flat, Potential PLO/LOA, Blackpool, FY2 0XS, £70,000

2 Kilmory Place, Blackpool, FY2 0XS - 6 views - 8 months ago

Leasehold
Negative Equity
ROI: 14%
64 m²
+8 photos

ValuationUndervalued

Sold Prices£57.5K - £247K
Sold Prices/m²£1K/m² - £2.2K/m²

 

 

Square Metres

64 m²
Price/m²£1.1K/m²

Value Estimate

£86,800
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£17,500

Stamp Duty & Legal Fees

£3,300

Total Cash In

£20,800

 

 

Cash Out

 

Rent Range

£530 - £950

Rent Estimate

£599

Running Costs/mo

£359

Cashflow/mo

£240

Cashflow/yr

£2,885

ROI

14%

Gross Yield

10%

Local Sold Prices

50 sold prices from £57.5K to £247K, average is £85K. £1K/m² to £2.2K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£71K12/200 mi2, Kilmory Place, Blackpool FY2 0XS2
£98K09/220.32 mi35, Tennyson Drive, Bispham, Blackpool FY2 0GH2
£57.5K10/210.38 mi22, Kincraig Place, Blackpool FY2 0NA2
£80K02/230.79 mi8, Melbourne Avenue, Thornton-cleveleys, Blackpool FY5 3DX2
£89.5K08/210.81 miFlat 27, Wimbledon Court, Wimbledon Avenue, Thornton-cleveleys, Blackpool FY5 1BE2
£85K06/210.85 miFlat 20, Warren Manor, Warren Drive, Thornton-cleveleys, Blackpool FY5 3TG2
£95K12/220.86 miFlat 20, Warren Manor, Warren Drive, Thornton-cleveleys, Blackpool FY5 3TG2
£247K10/210.9 mi59, Northgate, Bispham, Blackpool FY2 9LT2
£76K04/210.92 mi66, Sandhurst Avenue, Blackpool FY2 9EB2
£99K08/220.93 mi13, Kingfisher Mews, Poulton-le-fylde, Lancashire FY6 7ZB2
£110K06/230.94 mi7, Kingfisher Mews, Poulton-le-fylde, Lancashire FY6 7ZB2
£85K03/210.94 mi9, Kingfisher Mews, Poulton-le-fylde, Lancashire FY6 7ZB2
£65K10/200.94 mi22, Kingfisher Mews, Poulton-le-fylde, Lancashire FY6 7ZB2
£72K11/200.94 mi25, Kingfisher Mews, Poulton-le-fylde, Lancashire FY6 7ZB2
£78K07/210.94 mi10, Kingfisher Mews, Poulton-le-fylde, Lancashire FY6 7ZB2
£110K08/230.94 mi3, Kingfisher Mews, Poulton-le-fylde, Lancashire FY6 7ZB2
£101K02/230.94 mi12, Kingfisher Mews, Poulton-le-fylde, Lancashire FY6 7ZB2
£97K01/231.05 mi84a, Eastpines Drive, Thornton-cleveleys, Blackpool FY5 3RZ2
£85K10/211.11 mi12, Sanderling Close, Thornton-cleveleys, Lancashire FY5 3FN2
£94K11/221.15 mi58e, Red Bank Road, Bispham, Blackpool FY2 9HR2
£92K07/231.19 mi15a, Cavendish Road, Blackpool FY2 9JR2
£83.5K03/211.2 mi45, Greenbriar Close, Blackpool FY3 7SA2
£90K12/221.2 miFlat 16, Hesketh Court, Queens Promenade, Bispham, Blackpool FY2 9JJ2
£130K10/201.22 miFlat 13, Wilvere Court, Queens Promenade, Thornton-cleveleys, Blackpool FY5 1PG2
£130K10/201.22 miFlat 17, Wilvere Court, Queens Promenade, Thornton-cleveleys, Blackpool FY5 1PG2
£117.3K11/201.22 miFlat 2, Wilvere Court, Queens Promenade, Thornton-cleveleys, Blackpool FY5 1PG2
£126K04/211.22 miFlat 32, Wilvere Court, Queens Promenade, Thornton-cleveleys, Blackpool FY5 1PG2
£118K02/211.24 miFlat 2, Bannister Court, Queens Promenade, Blackpool FY2 9LW2
£112.7K12/221.24 miFlat 4, Bannister Court, Queens Promenade, Bispham, Blackpool FY2 9LW2
£94K12/201.24 mi17, Pochard Place, Thornton-cleveleys, Lancashire FY5 3FH2
£73K12/201.25 mi96, Aintree Road, Thornton-cleveleys, Lancashire FY5 5HP2
£83.5K05/231.26 mi109, Ascot Road, Thornton-cleveleys, Lancashire FY5 5HL2
£69K11/211.29 mi34, Bishopsgate, Blackpool FY3 7UP2
£65K02/211.29 mi22, Bishopsgate, Blackpool FY3 7UP2
£64K08/221.31 miFlat 33, Pembroke Court, Queens Promenade, Bispham, Blackpool FY2 9PY2
£90K03/211.31 miFlat 5, Pembroke Court, Queens Promenade, Blackpool FY2 9PY2
£80K11/211.31 miFlat 38, Pembroke Court, Queens Promenade, Blackpool FY2 9PY2
£75K10/221.31 miFlat 60, Pembroke Court, Queens Promenade, Bispham, Blackpool FY2 9PY2
£71K06/211.31 miFlat 24, Pembroke Court, Queens Promenade, Bispham, Blackpool FY2 9PY2
£85K03/211.31 miFlat 44, Pembroke Court, Queens Promenade, Blackpool FY2 9PY2
£77K04/231.31 miFlat 35, Pembroke Court, Queens Promenade, Bispham, Blackpool FY2 9PY2
£70.5K05/231.31 miFlat 27, Pembroke Court, Queens Promenade, Bispham, Blackpool FY2 9PY2
£65K04/231.31 miFlat 7, Pembroke Court, Queens Promenade, Bispham, Blackpool FY2 9PY2
£82K06/231.31 miFlat 21, Pembroke Court, Queens Promenade, Bispham, Blackpool FY2 9PY2
£76K01/231.31 miFlat 51, Pembroke Court, Queens Promenade, Bispham, Blackpool FY2 9PY2
£115K06/211.32 mi46, Stanley Avenue, Poulton-le-fylde, Lancashire FY6 7DP2
£120K06/231.32 mi19, St Thomas Close, Blackpool FY3 7UT2
£97.5K09/221.34 miFlat 7, Anselm Court, Pembroke Avenue, Bispham, Blackpool FY2 9QD2
£82.5K03/231.38 miFlat 29, Duchess Court, Queens Promenade, Bispham, Blackpool FY2 9PR2
£80K10/201.42 miFlat 6, Queens Court, Queens Promenade, Blackpool FY2 9PG2

Local Rents

41 rents from £530/mo to £950/mo, average is £695/mo.

RentDateDistanceAddressBeds 
£59504/240.26 miKincraig Place, Thornton-Cleveleys, Lancashire, FY22
£82503/250.34 mi-2
£69501/250.37 mi-2
£90004/240.55 mi-2
£85004/240.55 mi-2
£72504/240.6 miCoriander Close, Blackpool, Lancashire, FY22
£82512/240.7 mi-2
£82504/240.7 miKelvin Road, Thornton-Cleveleys, FY52
£69504/240.73 miMunster Avenue, Blackpool, FY2 0HG2
£65004/240.74 mi-2
£87504/240.8 miThirlmere Avenue, Poulton-Le-Fylde, Lancashire, FY62
£95012/240.81 miMaycroft Avenue, Poulton-Le-Fylde, Lancashire, FY62
£70004/240.9 miArdmore Road, Blackpool, Lancashire, FY22
£65004/240.92 miSandhurst Avenue, Blackpool, Lancashire, FY22
£62504/240.92 miSandhurst Avenue, FY22
£75012/240.95 miCompton Close, Poulton-Le-Fylde, Lancashire, FY62
£77505/240.99 miSeabrook Drive, Thornton Cleveleys2
£75004/240.99 mi4 Haddon Road, Blackpool, Blackpool2
£75004/240.99 mi4 Haddon Road, Blackpool, Blackpool2
£53004/240.99 miHaddon Road, Blackpool, Lancashire, FY22
£59504/241.02 miChatsworth Avenue, FY22
£75004/241.07 miEastpines Drive, Thornton-Cleveleys, FY5 3RY2
£79504/241.07 miFalcon Drive, Poulton-Le-Fylde, Lancashire, FY62
£60004/241.09 miHolyoake Avenue, Blackpool, Lancashire, FY22
£75005/241.1 miHurstwood Drive, Bispham, FY2 0WU2
£70004/241.11 mi-2
£60004/241.11 miParbold Close, Mowbray Drive2
£65004/241.13 miRosebank, Thornton-Cleveleys, Lancashire, FY52
£57504/241.13 miRed Bank Road, Blackpool, FY22
£69504/241.14 miRosebank, Thornton-Cleveleys2
£82504/241.15 miTithebarn Gate, Poulton-Le-Fylde2
£69504/251.18 mi-2
£80004/241.18 miTithebarn Gate, Poulton le Fylde. FY6 7FA2
£75004/241.19 mi-2
£60004/241.22 miChelsea Avenue, Blackpool2
£60004/241.22 miChelsea Avenue, Blackpool2
£57504/241.22 miChelsea Avenue, Blackpool2
£67504/241.24 miCavendish Road, Bispham, Blackpool2
£65004/251.24 mi-2
£60012/231.24 mi-2
£65003/251.24 mi-2

Local Area Statistics

Population in FY2

24,589

Population in Blackpool

133,713

Town centre distance

2.60 miles away

Nearest school

0.20 miles away

Nearest train station

1.30 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+50%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £70,000

-17%

August 7, 2024

Sold for £82,000

2007

Floor Plans

Description

  • Two/Three Bedroom Apartment +
  • Deceptively Spacious +
  • Quiet Location +
  • Close To Bispham Village +
  • No Onward Chain Delay +
  • 360 Virtual Tour Available +

Tiger Estates Introduce To The Market This Good Sized Two/Three Bedroom First Floor Flat, Neatly Positioned With Views Over The The Nearby Pond. Available With The Convenience Of No Onward Chain Delay.

For Your Viewing Call Tiger Estates Today Or Visit Our 360 Virtual Tour For A Closer Look.

Agent Details

Tiger Sales & Lettings, Blackpool

01253 835609

Next Steps?

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