4 Bed Terraced House, Single Let, Blackpool, FY1 2NH, £60,000

Eaves Street, Blackpool, Lancashire, FY1 2NH - 3 views - 7 months ago

BTL
ROI: 20%
~139 m²
+9 photos

ValuationUndervalued

Sold Prices£79K - £480K
Sold Prices/m²£754/m² - £2.4K/m²

 

 

Square Metres

~138.70 m²
Price/m²£433/m²

Value Estimate

£72,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£15,000

Stamp Duty & Legal Fees

£4,200

Total Cash In

£19,200

 

 

Cash Out

 

Rent Range

£500 - £1,250

Rent Estimate

£650

Running Costs/mo

£338

Cashflow/mo

£313

Cashflow/yr

£3,750

ROI

20%

Gross Yield

13%

Local Sold Prices

42 sold prices from £79K to £480K, average is £166.5K. £754/m² to £2.4K/m², average is £1K/m².

PriceDateDistanceAddressBeds 
£115K10/210.18 mi51, Sherbourne Road, Blackpool FY1 2PJ4
£115K11/210.19 mi63, Sherbourne Road, Blackpool FY1 2PQ4
£102K05/230.25 mi9, Sherbourne Road, Blackpool FY1 2PW4
£79K07/210.27 mi11, Hawthorn Road, Blackpool FY1 2RE4
£187K10/200.41 mi54, Seafield Road, Blackpool FY1 2LS4
£166K12/200.45 mi148, Warley Road, Blackpool FY1 2RP4
£227K11/220.48 mi7, Coopers Way, Blackpool FY1 3RJ4
£93K10/210.51 mi49, Elizabeth Street, Blackpool FY1 3JF4
£124K03/210.64 mi23, Warbreck Drive, Blackpool FY2 9SZ4
£210K10/200.67 mi39, Holly Road, Blackpool FY1 2SF4
£95K07/230.68 mi144, Adelaide Street, Blackpool FY1 4LU4
£165K02/210.7 mi17, Northumberland Avenue, Blackpool FY2 9SB4
£130K12/200.71 mi65, Warbreck Drive, Blackpool FY2 9RZ4
£217.9K08/210.71 mi173, Warbreck Hill Road, Blackpool FY2 9UP4
£143K01/210.72 mi281, Talbot Road, Blackpool FY3 7AZ4
£220K04/210.73 mi65, Bexley Avenue, Blackpool FY2 0TE4
£218K03/210.75 mi12, Calder Road, Blackpool FY2 9TX4
£299.9K08/210.75 mi3, Calder Road, Blackpool FY2 9TX4
£250K12/220.76 mi16, Leamington Road, Blackpool FY1 4EZ4
£100K11/210.77 mi17, Devonshire Road, Blackpool FY3 8DS4
£210K08/210.78 mi67, Park Road, Blackpool FY1 4JQ4
£98K12/200.79 mi11, South Square, Blackpool FY3 8AJ4
£167K09/210.8 mi45, Lincoln Road, Blackpool FY1 4HA4
£155K05/230.8 mi33, Lincoln Road, Blackpool FY1 4HA4
£110.1K02/210.81 mi22, Longton Road, Blackpool FY1 4HW4
£245K03/210.85 mi57, Cleator Avenue, Blackpool FY2 9TS4
£190K08/230.86 mi88, Knowle Avenue, Blackpool FY2 9UU4
£187K01/230.86 mi102, Holmfield Road, Blackpool FY2 9RF4
£157.5K03/210.88 mi34, Newton Drive, Blackpool FY3 8BY4
£175K02/210.88 mi14, Cotswold Road, Blackpool FY2 0UH4
£215.5K02/230.89 mi79, Shaftesbury Avenue, Blackpool FY2 9TT4
£132.5K01/210.89 mi15, Leeds Road, Blackpool FY1 4HQ4
£120K11/200.91 mi12, Collingwood Avenue, Blackpool FY3 8BZ4
£117.7K02/230.92 mi44, Whitegate Drive, Blackpool FY3 9AL4
£169.9K03/210.98 mi189, Warbreck Drive, Blackpool FY2 9RA4
£159.9K02/210.98 mi141, Warbreck Drive, Blackpool FY2 9RA4
£230K07/210.98 mi172, Reads Avenue, Blackpool FY1 4JD4
£200K10/210.98 mi194, Reads Avenue, Blackpool FY1 4JD4
£230K07/210.98 mi172, Reads Avenue, Blackpool FY1 4JD4
£245K07/230.99 mi265, Warbreck Hill Road, Blackpool FY2 0SP4
£480K04/230.99 mi128, Cornwall Avenue, Bispham, Blackpool FY2 9QR4
£145K12/200.99 mi144, Cornwall Avenue, Bispham, Blackpool FY2 9QR4

Local Rents

26 rents from £500/mo to £1.3K/mo, average is £785/mo.

RentDateDistanceAddressBeds 
£80005/240.07 miBraithwaite Street, Blackpool, FY1 2HS3
£65004/240.12 miCheltenham Road, Blackpool, FY1 2PR3
£1,10003/250.13 mi-4
£50012/240.2 mi-3
£1,10002/250.2 mi-4
£82504/240.24 miChesterfield Road, Blackpool, Lancashire, FY13
£77504/240.24 miChesterfield Road, Blackpool3
£85012/240.25 mi-4
£82512/240.26 mi-3
£72504/240.34 mi-3
£79509/240.34 mi-3
£80002/250.36 mi-3
£1,25002/250.36 mi-4
£65006/240.37 mi-3
£77505/240.4 miHardman Street, Blackpool3
£70004/240.41 miHardman Street, Blackpool, Lancashire, FY13
£70004/240.43 miAvon Place, Blackpool, FY1 2QX3
£72505/240.48 mi-3
£70012/240.48 mi-3
£1,20004/250.48 mi-3
£85004/240.49 miCoopers Way, Blackpool, FY13
£85004/240.53 miDevonshire Road, Blackpool, Lancashire, FY33
£72501/250.53 mi-3
£72501/250.53 mi-3
£80004/240.61 miSelbourne Road, Blackpool, Lancashire, FY13
£75004/240.62 miCaunce Street, Blackpool3

Local Area Statistics

Population in FY1

33,505

Population in Blackpool

133,713

Town centre distance

1.88 miles away

Nearest school

0.30 miles away

Nearest train station

0.37 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+26%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Price changed to £60,000

March 24, 2025

Price changed to £75,000

November 12, 2024

Listed for £85,000

September 6, 2024

Floor Plans

Description

LOOKING FOR A FANTASTIC INVESMENT BUY OR POTENTIAL BUY TO LET? LOOK NO FURTHER THAN THIS FOUR BEDROOM PROPERTY ON EAVES STREET

Requiring updating and improvement, this property really does offer fantastic potential to become something quite special. With a possible rental income of up to £900 pcm, it could offer an excellent yield. With accommodation comprising Four Bedrooms, Three Reception Rooms, Kitchen, separate Utility Room, Downstairs W.C , Bathroom and Separate W.C.

All services/appliances have not and will not be tested

Agent Details

Entwistle Green, Blackpool

01253 835054

Next Steps?

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