3 Bed Semi-Detached House, Refurb/BRRR, Blackpool, FY3 8EY, £127,450

Birchway Avenue, Stanley Park, FY3 8EY - 8 months ago

Refurb/BRRR
ROI: 4%
~76 m²
+14 photos

ValuationOvervalued

Sold Prices£72K - £575K
Sold Prices/m²£774/m² - £4.2K/m²

 

 

Square Metres

~75.81 m²
Price/m²£1.7K/m²

Value Estimate

£95,200

 

 

End Value (After Refurb)

£121,188

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£31,863

Stamp Duty & Legal Fees

£7,622

Refurb Costs

£30,967

Bridging Loan Interest

£3,346

Total Cash In

£75,547

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£121,188

Mortgage (After Refinance)

£90,891

Mortgage LTV

75%

Cash Left In

£75,547

Equity

£30,297

Rent Range

£700 - £1,200

Rent Estimate

£843

Running Costs/mo

£567

Cashflow/mo

£276

Cashflow/yr

£3,308

ROI

4%

Gross Yield

8%

Local Sold Prices

50 sold prices from £72K to £575K, average is £136.8K. £774/m² to £4.2K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£114.6K02/230.01 mi35, Birchway Avenue, Blackpool FY3 8EZ3
£158K11/200.02 mi72, Birchway Avenue, Blackpool FY3 8EY3
£95.5K10/210.05 mi17, Fordway Avenue, Blackpool FY3 8HD3
£135K12/200.06 mi102, Layton Road, Blackpool FY3 8ES3
£179.9K08/230.08 mi269, Layton Road, Blackpool FY3 8ER3
£130K03/210.09 mi11, Waterfoot Avenue, Blackpool FY3 8DB3
£335K09/210.1 mi116, Newton Drive, Blackpool FY3 8JA3
£142.5K12/210.12 mi48, Collingwood Avenue, Blackpool FY3 8BZ3
£191K11/200.12 mi5, Kingscote Drive, Blackpool FY3 8HB3
£150K04/230.14 mi10, Beetham Place, Blackpool FY3 8HL3
£117.5K11/200.14 mi15, Collingwood Avenue, Blackpool FY3 8DE3
£120K01/210.14 mi5, Collingwood Avenue, Blackpool FY3 8DE3
£90K07/210.14 mi7, Collingwood Avenue, Blackpool FY3 8DE3
£124.5K08/210.14 mi61, Collingwood Avenue, Blackpool FY3 8DE3
£162.5K01/230.16 mi24, Ingleway Avenue, Blackpool FY3 8JJ3
£137.5K06/230.16 mi22, Ascot Road, Blackpool FY3 8DG3
£93K11/210.16 mi24, Layton Road, Blackpool FY3 8HT3
£145K07/230.16 mi32, Layton Road, Blackpool FY3 8HT3
£112K02/210.16 mi70, Ascot Road, Blackpool FY3 8DF3
£110K03/210.2 mi45, Dutton Road, Blackpool FY3 8DH3
£129.9K10/210.2 mi34, Dutton Road, Blackpool FY3 8DH3
£115K04/210.2 mi34, Dutton Road, Blackpool FY3 8DH3
£185K11/200.21 mi1, Ridgwood Avenue, Blackpool FY3 8EL3
£160K05/230.21 mi30, Deneway Avenue, Blackpool FY3 8JQ3
£575K09/210.23 mi39, North Park Drive, Blackpool FY3 8NJ3
£140K01/230.25 mi86, Fordway Avenue, Blackpool FY3 8JN3
£197K11/210.25 mi94, Ingleway Avenue, Blackpool FY3 8JG3
£151.5K05/230.26 mi78, Bardsway Avenue, Blackpool FY3 8JR3
£98K03/210.26 mi63, London Road, Blackpool FY3 8DJ3
£153K03/230.27 mi13, Elm Avenue, Blackpool FY3 9BQ3
£124K11/200.27 mi10, Elm Avenue, Blackpool FY3 9BQ3
£110K02/210.27 mi67, Addison Crescent, Blackpool FY3 8AG3
£238K03/210.27 mi166, Newton Drive, Blackpool FY3 8JD3
£100K01/230.28 mi81, Layton Road, Blackpool FY3 8HR3
£185K01/230.29 mi2a, Bryan Road, Blackpool FY3 9BE3
£155K07/210.29 mi2a, Poplar Avenue, Blackpool FY3 9BH3
£210K05/210.29 mi1, North Park Drive, Blackpool FY3 8LP3
£88K02/210.3 mi53, Larbreck Avenue, Blackpool FY3 8EF3
£100K03/210.3 mi68, Larbreck Avenue, Blackpool FY3 8EF3
£72K07/210.3 mi108, Manchester Road, Blackpool FY3 8DP3
£190K12/220.32 mi5, Forest Gate, Blackpool FY3 9AW3
£139.9K01/210.32 mi10, Nethway Avenue, Blackpool FY3 8JU3
£130K12/200.32 mi2, Maple Avenue, Blackpool FY3 9BJ3
£169.9K05/210.32 mi44, Forest Gate, Blackpool FY3 9AW3
£160K03/230.32 mi13, Hazel Grove, Blackpool FY3 9AX3
£95K03/210.33 mi7, Campbell Avenue, Blackpool FY3 8RG3
£485K06/210.34 mi75, North Park Drive, Blackpool FY3 8NH3
£115K06/230.34 mi19, Blairway Avenue, Blackpool FY3 8LB3
£136K03/210.34 mi8, Caledonian Avenue, Blackpool FY3 8RB3
£84K03/210.34 mi3, Stirling Road, Blackpool FY3 8RX3

Local Rents

35 rents from £700/mo to £1.2K/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£71505/240.08 mi-3
£71505/240.08 mi-3
£71505/240.08 miLayton Road, Blackpool, FY33
£1,05002/250.21 mi-3
£95004/240.22 miDeneway Avenue, Blackpool3
£92503/240.24 mi-3
£92504/240.25 mi-3
£75004/240.28 miManchester Road, Blackpool, FY3 8DN3
£95004/240.29 miBryan Road, Blackpool3
£75005/240.29 mi-3
£80005/240.3 miManchester Road, Blackpool, FY3 8BP3
£80004/240.31 mi-3
£1,00004/250.36 mi-3
£79504/240.39 miBeckway Avenue, Blackpool3
£80004/240.4 miSelbourne Road, Blackpool, Lancashire, FY13
£95005/240.42 mi-3
£85001/250.45 mi-3
£95005/240.45 mi8 Westwood Avenue, Blackpool, FY3 9DW3
£82505/240.46 miWestwood Avenue, Blackpool3
£80004/240.47 mi16 Harley Road, Blackpool, FY3 9DY3
£95001/240.48 mi-3
£75004/240.48 miCaunce Street, Blackpool3
£72501/250.48 mi-3
£72501/250.48 mi-3
£85005/240.49 mi-3
£79512/240.49 mi-3
£79501/250.49 mi-3
£80003/250.56 mi-3
£85004/240.56 miDevonshire Road, Blackpool, Lancashire, FY33
£90005/240.58 mi57 Gainsborough Road, Blackpool. FY1 4DZ3
£70004/240.58 miHardman Street, Blackpool, Lancashire, FY13
£85004/240.58 mi34 Woodland Grove3
£1,20004/250.59 mi-3
£70004/240.59 miPeter Street, Blackpool, FY1 3LT3
£77505/240.59 miHardman Street, Blackpool3

Local Area Statistics

Population in FY3

31,569

Population in Blackpool

133,713

Town centre distance

0.89 miles away

Nearest school

0.30 miles away

Nearest train station

0.77 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+2%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Price changed to £127,450

April 5, 2025

Price changed to £129,950

December 27, 2024

Price changed to £135,000

October 16, 2024

Listed for £139,000

August 27, 2024

Floor Plans

Description

REQUIRES MODERNISATIONNO CHAIN Three bedroom semi-detached property for sale on Birchway Avenue in Blackpool, by Stanley Park. The property is located in a quiet residential area and ideally located for local shops, schools and Blackpool Victoria Hospital. The property features two reception rooms, three good size bedrooms and a good size south/west facing rear garden. Briefly comprises; entrance hallway, lounge, dining room, kitchen, landing, three bedrooms, bathroom, front and rear gardens CALL TO VIEW**

GROUND FLOOR
HALLWAY
Solid wooden front door with secondary glazing insulating the surrounding windows, meter cupboard, stairs leading to first floor and radiator.

LOUNGE
3.61m x 3.45m (11'10 x 11'4)
UPVC double glazed window to the front aspect, gas fire in featured surround and radiator.

DINING ROOM
3.74m x 3.45m (12'3 x 11'4)
UPVC double glazed window to the rear aspect, electric fan convector fire and radiator.

KITCHEN
2.58m x 1.80m (8'6 x 5'11)
UPVC double glazed window and door to the rear aspect. Fitted with a range of wall and base units with complimentary work surfaces, space for fridge freezer and oven, stainless steel sink with drainer and mixer tap.

FIRST FLOOR
LANDING
UPVC double glazed opaque window to side aspect and loft hatch.

BEDROOM ONE
3.91m x 3.37m (12'10 x 11'1)
UPVC double glazed window to the front aspect and radiator.

BEDROOM TWO
3.37m x 3.33m (11'1 x 10'11)
UPVC doubled glazed window to the rear aspect, storage cupboard and radiator.

BEDROOM THREE
2.07m x 1.81m (6'9 x 5'11)
UPVC double glazed window to the front aspect, storage cupboard and radiator

BATHROOM
1.75m x 1.73m (5'9 x 5'8)
UPVC double glazed opaque window to the rear aspect, panelled bath with electric shower, wash hand basin, low flush WC and radiator.

EXTERNAL

FRONT
Mainly paved with stairs leading to the property and gated access to the rear.

REAR
65 ft rear garden, mainly laid to lawn with mature trees, new wooden garden shed and shrubs and patio area.

TENURE
We have been informed that the property is Freehold; prospective purchasers should seek clarification of this from their solicitors.

VIEWINGS
Viewings are strictly by appointment through the agents office.

All measurements are approximate and for illustrative purposes only. Digital images are reproduced for general information only and must not be inferred that any item shown is included for sale with the property. We have been unable to confirm if services / items in the property are in full working order. The property is offered for sale on this basis. Prospective purchasers are advised to seek expert advice where appropriate.

Agent Details

The Square Room, Fylde Coast

01253 835668

Next Steps?

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