2 Bed Terraced House, Single Let, Blackpool, FY4 4PB, £80,000

Newhouse Road, Blackpool, FY4 4PB - 5 views - 8 months ago

Sold STC
BTL
ROI: 8%
~68 m²
+9 photos

ValuationUndervalued

Sold Prices£57K - £210K
Sold Prices/m²£792/m² - £2.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.2K/m²

Value Estimate

£96,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£20,000

Stamp Duty & Legal Fees

£3,600

Total Cash In

£23,600

 

 

Cash Out

 

Rent Range

£525 - £1,500

Rent Estimate

£540

Running Costs/mo

£378

Cashflow/mo

£162

Cashflow/yr

£1,944

ROI

8%

Gross Yield

8%

Local Sold Prices

51 sold prices from £57K to £210K, average is £100K. £792/m² to £2.9K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£100K11/210.03 mi230, Newhouse Road, Blackpool FY4 4PA2
£96K01/230.07 mi25, Carson Road, Blackpool FY4 4HX2
£88K07/210.09 mi49, Levine Avenue, Blackpool FY4 4PD2
£200K06/230.09 mi45, Cherry Tree Road, Blackpool FY4 4NS2
£75K01/230.14 mi140, Penrose Avenue, Blackpool FY4 4JX2
£75K05/230.14 mi138, Penrose Avenue, Blackpool FY4 4JX2
£90K08/230.18 mi19, Fredora Avenue, Blackpool FY3 9NL2
£104K11/210.18 mi122, Penrose Avenue, Blackpool FY4 4JU2
£113K12/220.19 mi44, Fredora Avenue, Blackpool FY3 9NL2
£88.5K03/210.19 mi11, June Avenue, Blackpool FY4 4LQ2
£105K09/210.19 mi9, Sunningdale Avenue, Blackpool FY4 4HS2
£110K03/210.19 mi41, Devona Avenue, Blackpool FY4 4NU2
£100K01/210.2 mi65, Rosedale Avenue, Blackpool FY4 4JB2
£102.5K07/230.21 mi269, Preston Old Road, Blackpool FY3 9UN2
£100K03/210.22 mi5, Ryldon Place, Blackpool FY4 4JD2
£127.5K06/230.23 mi41, Clifton Crescent, Blackpool FY3 9NQ2
£84K03/210.25 mi28, Norfolk Road, Blackpool FY3 9NW2
£95K01/230.26 mi23, Norfolk Road, Blackpool FY3 9NW2
£78.5K02/230.28 mi1, Elaine Avenue, Blackpool FY4 4LD2
£57K12/200.29 mi38, Falkland Avenue, Blackpool FY4 4HJ2
£85K02/210.29 mi8, Falkland Avenue, Blackpool FY4 4HJ2
£73K04/230.29 mi46, Falkland Avenue, Blackpool FY4 4HJ2
£115K11/200.29 mi6, Catforth Avenue, Blackpool FY4 4SF2
£88K02/230.31 mi5, Ailsa Avenue, Blackpool FY4 4HW2
£210K06/230.31 mi2a, Ailsa Avenue, Blackpool FY4 4HW2
£78.5K05/210.31 mi232, Preston Old Road, Blackpool FY3 9SP2
£125K01/210.32 mi3, Eskdale Close, Blackpool FY4 4JZ2
£90K03/230.33 mi5, Skipton Close, Blackpool FY4 4JY2
£134.9K05/210.36 mi6, Ribblesdale Close, Blackpool FY4 4NR2
£120K11/210.36 mi90, Southbourne Road, Blackpool FY3 9SW2
£110K11/210.38 mi23, Barclay Avenue, Blackpool FY4 4HH2
£123K12/200.39 mi5, Wasdale Road, Blackpool FY4 4NP2
£76.5K01/210.39 mi1, Borrowdale Road, Blackpool FY4 4RU2
£120K10/210.41 mi4, Camborne Court, Blackpool FY3 9NS2
£123K11/210.41 mi10, Camborne Court, Blackpool FY3 9NS2
£105K01/240.42 mi19, Phillip Street, Blackpool FY4 4DE2
£121K01/210.43 mi11, Mooretree Drive, Blackpool FY4 4LL2
£110K01/240.45 mi32, Clifton Avenue, Blackpool FY4 4RF2
£80K12/210.45 mi2, Oscar Street, Blackpool FY4 4DB2
£108.5K08/210.45 mi21, Quernmore Avenue, Blackpool FY3 9SU2
£148K06/230.46 mi18, Clitheroe Place, Blackpool FY4 4PN2
£85K07/230.47 mi140, Preston Old Road, Blackpool FY3 9QP2
£85K07/230.47 mi140, Preston Old Road, Blackpool FY3 9QP2
£92.5K03/210.48 mi30, Langdale Road, Blackpool FY4 4RS2
£132.5K02/210.48 mi4, Ellisland, Blackpool FY4 4SB2
£129K12/220.49 mi6, Elterwater Place, Blackpool FY3 9UH2
£82.5K01/240.49 mi38, Whalley Lane, Blackpool FY4 4PL2
£85K12/200.5 mi24, Newhouse Road, Blackpool FY4 4BY2
£153.5K06/230.5 mi4, Annan Crescent, Blackpool FY4 4RQ2
£158K11/230.5 mi6, Annan Crescent, Blackpool FY4 4RQ2
£88K12/210.51 mi203, Cherry Tree Road, Blackpool FY4 4PJ2

Local Rents

32 rents from £525/mo to £1.5K/mo, average is £695/mo.

RentDateDistanceAddressBeds 
£60004/240.14 miClifton Road, Blackpool2
£77011/240.16 mi-2
£77004/250.16 mi-2
£67504/240.16 mi-2
£67504/240.16 miDove Tree Court, Blackpool, FY42
£62004/240.17 miJune Avenue, Blackpool2
£62004/240.17 miJune Avenue, Blackpool2
£69505/240.19 mi-2
£69504/240.19 miDove Tree Court, Blackpool, FY42
£69504/250.21 mi-2
£67504/250.32 mi-2
£72504/240.41 miCamborne Court, Blackpool, FY3 9NS2
£71004/240.42 miDalkeith Avenue, Blackpool2
£57504/240.42 miNewhouse Road, Blackpool, Lancashire, FY42
£54204/240.42 miNewhouse Road, Blackpool, Lancashire, FY42
£72504/240.45 miQuernmore Avenue, Blackpool, FY3 9SU2
£62501/240.47 mi-2
£54004/240.49 miGarfield Court, Elterwater Place, Blackpool, FY3 9UH2
£92505/240.5 miCherry Tree Road, Blackpool, Lancashire, FY42
£71503/250.5 mi-2
£67505/240.5 miPreston Old Road, FY3 9QJ2
£52505/240.5 miPreston Old Road, Blackpool " AVAILABLE WITH ZERO DEPOSIT "2
£85004/250.51 mi-2
£85004/240.52 mi49 Clifton Avenue2
£69504/240.52 miBriercliffe Mews, Marton2
£65004/240.54 mi-2
£65004/240.55 miVicarage Lane, Blackpool2
£1,50004/240.55 mi-2
£1,00005/240.55 mi-2
£1,00004/240.55 miVicarage Lane, Blackpool, FY42
£75003/250.58 mi-2
£68505/240.59 mi71 Southbank Avenue2

Local Area Statistics

Population in FY4

43,982

Population in Blackpool

133,713

Town centre distance

1.08 miles away

Nearest school

0.20 miles away

Nearest train station

1.45 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+58%

Sales demand

Balanced market

Capital growth (5yrs)

+12%

Property History

Listed for £80,000

August 13, 2024

Floor Plans

Description

  • Two Bedroom Mid Terrace House +
  • Lounge, Dining Room, Fitted Kitchen +
  • Two Double Bedrooms, Three Piece Bathroom +
  • Gas Central Heating, uPVC Double Glazing +
  • Off Road Parking, Rear Garden +
  • Sold With No Onward Chain +

A two bedroom mid terrace house that would make an ideal first/last time purchase or a buy to let investment property.

On internal inspection to the ground floor there is an entrance hall, lounge, dining room and kitchen. The first floor houses two double bedrooms along with a three piece bathroom suite.

The property benefits from gas central heating, uPVC Double glazing while externally boasts off road parking to the front, along with a garden to the rear. To be sold with no onward chain, viewing essential.

Situated in a popular residential area of Marton ideally placed for access to supermarkets, local amenities, schools and transport links. The property is also located a short distance from both Stanley Park and the M55 motorway network.

Agent Details

Entwistle Green, Blackpool

01253 835054

Next Steps?

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