3 Bed Semi-Detached House, Single Let, Blackpool, FY4 1BP, £70,000

Dean Street, Blackpool, FY4 1BP - 1 views - 7 months ago

Auction
BTL
ROI: 15%
~93 m²
+9 photos

ValuationUndervalued

Sold Prices£60K - £200K
Sold Prices/m²£673/m² - £1.9K/m²

 

 

Square Metres

~93 m²
Price/m²£753/m²

Value Estimate

£84,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£17,500

Stamp Duty & Legal Fees

£4,700

Total Cash In

£22,200

 

 

Cash Out

 

Rent Range

£575 - £1,733

Rent Estimate

£641

Running Costs/mo

£367

Cashflow/mo

£274

Cashflow/yr

£3,289

ROI

15%

Gross Yield

11%

Local Sold Prices

50 sold prices from £60K to £200K, average is £129K. £673/m² to £1.9K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£87K04/210.04 mi34, Hill Street, Blackpool FY4 1DF3
£67.5K02/210.19 mi24, Bagot Street, Blackpool FY1 6EZ3
£77.5K12/200.2 mi20, Hilton Avenue, Blackpool FY1 6HF3
£72.5K11/210.23 mi19, Wolsley Road, Blackpool FY1 6HG3
£110K06/230.23 mi6, Wolsley Road, Blackpool FY1 6HG3
£141K04/210.23 mi5, Mersey Road, Blackpool FY4 1EN3
£94K04/210.26 mi30, Thames Road, Blackpool FY4 1ED3
£88K05/230.28 mi48, Haig Road, Blackpool FY1 6BZ3
£72.5K02/230.28 mi46, Haig Road, Blackpool FY1 6BZ3
£137.5K11/220.33 mi6, Severn Road, Blackpool FY4 1EE3
£137K02/210.33 mi12, Lightwood Avenue, Blackpool FY4 2AU3
£200K12/220.35 mi28, Thirlmere Road, Blackpool FY4 2DA3
£150K11/200.36 mi26, Watson Road, Blackpool FY4 1EG3
£70K12/200.4 mi76, St Annes Road, Blackpool FY4 2AS3
£110K01/210.4 mi48, St Annes Road, Blackpool FY4 2AS3
£82.5K11/210.41 mi9, Exeter Street, Blackpool FY4 3BN3
£163K11/200.41 mi13, Hall Avenue, Blackpool FY4 3AQ3
£149K02/210.42 mi469, Central Drive, Blackpool FY1 6LB3
£187K01/230.42 mi23, Arlington Avenue, Blackpool FY4 1EL3
£172.5K01/240.42 mi15, Arlington Avenue, Blackpool FY4 1EL3
£139K07/210.43 mi9, Kingsway, Blackpool FY4 2DF3
£125K10/210.43 mi18, Seabourne Avenue, Blackpool FY4 1EH3
£137K11/200.43 mi13, Princeway, Blackpool FY4 2DQ3
£165K03/210.43 mi3, Princeway, Blackpool FY4 2DQ3
£125K12/200.44 mi102, St Annes Road, Blackpool FY4 2BA3
£82.5K12/210.45 mi9, The Crescent, Blackpool FY4 1EQ3
£150K01/210.45 mi2a, The Crescent, Blackpool FY4 1EQ3
£155K11/210.45 mi30, Rangeway Avenue, Blackpool FY4 2DJ3
£115K12/230.45 mi2a, Rangeway Avenue, Blackpool FY4 2DJ3
£88K01/230.45 mi21, Amberbanks Grove, Blackpool FY1 6DW3
£200K04/230.45 mi4, Worsley Avenue, Blackpool FY4 2DH3
£160K02/210.45 mi24, Worsley Avenue, Blackpool FY4 2DH3
£155K02/210.45 mi255, Waterloo Road, Blackpool FY4 3AA3
£200K05/230.46 mi90, Watson Road, Blackpool FY4 2DE3
£120K12/200.47 mi29, Lunedale Avenue, Blackpool FY1 6LL3
£150K09/210.47 mi6, Lunedale Avenue, Blackpool FY1 6LL3
£100K03/230.47 mi30, Lunedale Avenue, Blackpool FY1 6LL3
£97.5K09/210.47 mi7, Maudland Road, Blackpool FY1 6JQ3
£103.5K01/210.47 mi27, Fenber Avenue, Blackpool FY4 2DL3
£60K06/210.47 mi81, Aintree Road, Blackpool FY4 3BD3
£135K03/230.48 mi74, Woodstock Gardens, Blackpool FY4 1JP3
£133K11/200.48 mi50, Chislehurst Avenue, Blackpool FY4 3AR3
£155K11/200.48 mi350, Central Drive, Blackpool FY1 6LF3
£97K03/210.49 mi130, St Annes Road, Blackpool FY4 2BD3
£185K04/230.5 mi11a, Woodstock Gardens, Blackpool FY4 1JW3
£98.5K07/210.5 mi21, Saville Road, Blackpool FY1 6JP3
£102K10/210.5 mi46, Hemingway, Blackpool FY4 3BS3
£100K10/210.51 mi54, Hemingway, Blackpool FY4 3BS3
£183K02/230.51 mi18, Bamton Avenue, Blackpool FY4 2DN3
£145K06/230.51 mi87, Marsden Road, Blackpool FY4 3BY3

Local Rents

20 rents from £575/mo to £1.7K/mo, average is £898/mo.

RentDateDistanceAddressBeds 
£1,50002/250.09 mi-3
£99504/240.14 mi-3
£99504/240.14 mi-3
£65005/240.24 miShaw Road, Blackpool3
£90001/250.27 mi-3
£95005/240.27 mi-3
£95005/240.27 miHaig Road, Blackpool, FY13
£1,00012/240.37 mi-3
£1,20012/240.4 mi-3
£95002/250.4 mi-3
£75004/240.42 miJesmond Avenue, Blackpool, FY4 1EJ3
£89502/250.42 mi-3
£75004/240.43 miQueensway, Blackpool3
£75005/240.45 miRangeway Avenue, Blackpool3
£65011/240.46 mi-3
£1,73302/250.46 mi-3
£57501/240.48 mi-3
£87011/240.51 mi-3
£75005/240.58 mi-3
£82503/250.61 mi-3

Local Area Statistics

Population in FY4

43,982

Population in Blackpool

133,713

Town centre distance

2.19 miles away

Nearest school

0.30 miles away

Nearest train station

0.16 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+58%

Sales demand

Balanced market

Capital growth (5yrs)

+12%

Property History

Price changed to £70,000

January 27, 2025

Listed for £80,000

September 2, 2024

Floor Plans

Description

  • NO CHAIN +
  • SHORT DISTANCE TO BLACKPOOL PROMENADE +
  • FOR SALE BY AUCTION +

Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £80,000. SEMI-DETACHED PROPERTY, CURRENTLY SET UP AS TWO FLATS. SITUATED IN A CONVENIENT LOCATION CLOSE TO TRANSPORT LINKS AND LOCAL AMENITIES. OFFERED WITH NO ONWARD CHAIN! Unique are pleased to offer this property to the open market!

This property has been entered into an online auction ending 12/03/2025 12:00:00

Fantastic investment opportunity. Unique are pleased to present a Semi detached property, currently comprising of 2 self contained flats situated in a convenient location close to shops, local amenities and the Promenade. To the ground floor there is a 1 Bedroom flat with Lounge, Kitchen and Shower Room. To the first floor a 2 Bedroom flat with Lounge, Kitchen and Bathroom. Off-road parking and an enclosed yard to the rear. 

GF Flat Lounge 
4.35m x 3.32m
Lounge to the front of the property, UPVC double glazed window, radiator.

GF Flat Bedroom 
Double bedroom, UPVC double glazed window, radiator.

GF Flat Kitchen 
2.7m x 3.28m
Fitted kitchen.

GF Flat Shower Room 
Shower Room

1st Floor Flat Lounge 
3.19m x 3.31m
Lounge to the front of the property. UPVC double glazed window, radiator.

First Floor Flat Bedroom 1 
4.23m x 3.31m
Double bedroom, UPVC double glazed window, radiator.

First Floor Flat Bedroom 2 
2.31m x 3.31m
Bedroom 2, UPVC double glazed window, radiator.

First Floor Flat Kitchen 
2.74m x 2.83m
Fitted Kitchen

First Floor Flat Bathroom 
1.77m x 1.74m
Three piece suite. Bath with overhead shower. UPVC double glazed window.

Yard 
Enclosed yard to the rear of the property

Parking - Off street 
Off road parking available at the front of the property

Auctioneers Additional Comments

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as The Auctioneer.

 

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers- obligations and sellers- commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

Agent Details

Unique Estate Agency Ltd, Lytham St Annes

01258 442322

Next Steps?

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