2 Bed Terraced House, Single Let, Blackpool, FY4 3QG, £75,000

Ivy Avenue, Blackpool, Lancashire, FY4 3QG - 2 views - 8 months ago

Sold STC
BTL
ROI: 12%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£71K - £235K
Sold Prices/m²£865/m² - £3.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.1K/m²

Value Estimate

£93,000
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£18,750

Stamp Duty & Legal Fees

£3,450

Total Cash In

£22,200

 

 

Cash Out

 

Rent Range

£575 - £1,000

Rent Estimate

£584

Running Costs/mo

£371

Cashflow/mo

£213

Cashflow/yr

£2,554

ROI

12%

Gross Yield

9%

Local Sold Prices

50 sold prices from £71K to £235K, average is £118K. £865/m² to £3.2K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£118K12/220.01 mi16, Ivy Avenue, Blackpool FY4 3QG2
£106K12/200.06 mi21, Ivy Avenue, Blackpool FY4 3QF2
£138.4K06/230.16 mi12, Kimberley Avenue, Blackpool FY4 2LS2
£195K09/210.19 mi6, Lawn Tennis Court, Blackpool FY4 2NJ2
£90K12/200.2 mi12, Endsleigh Gardens, Blackpool FY4 3PA2
£81.5K03/210.2 mi44, Endsleigh Gardens, Blackpool FY4 3PA2
£95K01/240.2 mi54, Endsleigh Gardens, Blackpool FY4 3PA2
£112K02/240.2 mi88, Lindale Gardens, Blackpool FY4 3PQ2
£137.5K03/230.25 mi80, Endsleigh Gardens, Blackpool FY4 3PB2
£111K11/200.25 mi89, Endsleigh Gardens, Blackpool FY4 3PN2
£171K02/210.25 mi14, Wyndham Gardens, Blackpool FY4 3NX2
£185K12/200.25 mi19, Selby Avenue, Blackpool FY4 2LY2
£130K05/210.27 mi21, Nateby Avenue, Blackpool FY4 3QY2
£110K11/200.27 mi17, Nateby Avenue, Blackpool FY4 3QY2
£107K04/230.28 mi12, Margate Avenue, Blackpool FY4 3PF2
£140K01/240.28 mi3, Margate Avenue, Blackpool FY4 3PF2
£113K03/210.28 mi213, Highfield Road, Blackpool FY4 3NS2
£118K12/210.3 mi132, Edgeway Road, Blackpool FY4 3QZ2
£123K11/210.34 mi127, Abbey Road, Blackpool FY4 2PY2
£107.5K12/220.36 mi52, Willowbank Avenue, Blackpool FY4 3NB2
£130K11/220.37 mi13, Abbey Road, Blackpool FY4 2LB2
£100K06/210.39 mi28, Henson Avenue, Blackpool FY4 3LY2
£79K11/210.42 mi23, Boome Street, Blackpool FY4 2JX2
£87.5K10/210.42 mi25, Boome Street, Blackpool FY4 2JX2
£111K02/230.46 mi11, Lowstead Place, Blackpool FY4 3LG2
£115K05/230.46 mi70, Orchard Avenue, Blackpool FY4 2NY2
£71K03/210.46 mi53, Common Edge Road, Blackpool FY4 5AX2
£89K05/210.49 mi15, Lodore Road, Blackpool FY4 2JL2
£93K05/210.49 mi18, Lodore Road, Blackpool FY4 2JL2
£145K01/240.5 mi4, Byland Close, Blackpool FY4 2QD2
£110K01/210.51 mi22, Southworth Avenue, Blackpool FY4 3LH2
£160K06/230.57 mi165, Common Edge Road, Blackpool FY4 5DL2
£116K12/220.57 mi29, Pedders Lane, Blackpool FY4 3HY2
£193K11/200.61 mi33, Helmsdale Road, Blackpool FY4 5AR2
£235K06/230.61 mi40, Helmsdale Road, Blackpool FY4 5AR2
£115K12/230.65 mi30, Stamford Avenue, Blackpool FY4 2BJ2
£115K04/230.65 mi34, Stamford Avenue, Blackpool FY4 2BJ2
£195K03/230.66 mi11, Blossom Avenue, Blackpool FY4 5AT2
£220K11/220.67 mi16, Avondale Crescent, Blackpool FY4 5AS2
£195K01/230.69 mi21, Avondale Crescent, Blackpool FY4 5AS2
£177.5K11/200.69 mi42, Avondale Crescent, Blackpool FY4 5AS2
£180K11/210.69 mi34, Avondale Crescent, Blackpool FY4 5AS2
£190K02/230.69 mi6, Harrington Avenue, Blackpool FY4 1QE2
£164K01/210.69 mi19, Glenapp Avenue, Blackpool FY4 5NG2
£125K03/210.69 mi7, Glenapp Avenue, Blackpool FY4 5NG2
£177K12/230.69 mi4, Lowfield Road, Blackpool FY4 5BL2
£145K08/230.72 mi14, East Gate Close, Lytham St Annes, Lancashire FY8 2SL2
£108K10/200.73 mi11, Marton Fold, Blackpool FY4 5FJ2
£85K04/230.74 mi23, Rangeway Avenue, Blackpool FY4 2DJ2
£150K12/220.75 mi17, Martin Avenue, Lytham St Annes, Lancashire FY8 2SJ2

Local Rents

16 rents from £575/mo to £1K/mo, average is £685/mo.

RentDateDistanceAddressBeds 
£60005/240.2 mi-2
£57505/240.21 mi-2
£67501/240.21 mi-2
£65004/240.22 miWillowbank Avenue, Blackpool, FY4 3ND2
£85004/240.25 mi13 Selby Avenue2
£95002/250.26 mi-2
£75004/240.26 miPrimrose Avenue, Blackpool2
£70003/250.38 mi-2
£65004/240.42 miBoome Street, Blackpool2
£77504/240.42 miBoome Street, Blackpool2
£69503/250.44 mi-2
£67512/240.49 mi-2
£57505/240.52 miStonycroft Place, South Shore, Blackpool, FY4 1RQ2
£75005/240.57 miPedders Lane, Blackpool, Lancashire, FY42
£60004/240.6 miHarrowside, Blackpool, FY4 1QN2
£1,00004/240.61 miLowfield Road, Blackpool, FY4 5BL2

Local Area Statistics

Population in FY4

43,982

Population in Blackpool

133,713

Town centre distance

2.51 miles away

Nearest school

0.30 miles away

Nearest train station

0.81 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+58%

Sales demand

Balanced market

Capital growth (5yrs)

+12%

Property History

Listed for £75,000

September 6, 2024

Floor Plans

Description

OPEN HOUSE EVENT – SATURDAY 28TH SEPTEMBER 2024 - PLEASE CALL TO BOOK YOUR SLOT.
Harrisons Estate Agent Solutions are pleased to present to the market this two bedroom mid terrace house. NO ONWARD CHAIN. Requires modernization, this is a great opportunity for a purchaser to put their own stamp into a property. 

Description

2 Bedroom mid terrace house, you enter into the hallway with staircase which connects to the living room which in turn connects to the Dining Room and then onto the separate kitchen on the ground floor. Upstairs has 2 bedrooms and a family bathroom all off the landing. The property benefits of being well located to all popular amenities of Blackpool.
Accommodation  
Living Room
Dining Room
Separate Kitchen
2 Bedroom
1 Bathroom
Exterior  
The property benefits from a patio rear garden.
Tenure  
Freehold
Location  
Blackpool is a seaside town in the county of Lancashire.
Located on Ivy Avenue, close to the turning for Alpine Avenue.
A range of amenities are available on Highfield Road and Clifton Drive North.
Recreational amenities are easy accessible at Fishers Field and Blackpool Beach.
Fee's
A purchaser whose offer is accepted by the seller will be required to pay Harrisons Estate Agent Solutions an administration fee of £250 in order to proceed to contracts, refundable only if the seller withdraws from the proposed transaction without reasonable grounds.
The purchaser will be responsible for paying Harrisons Estate Agents Solutions a buyer's premium of £3,500 or 2.5% (whichever is the higher) of the total purchase price paid for the property and any contents (plus VAT). The buyer's premium will become due and payable by the purchaser to Harrisons Estate Agent Solutions on exchange of contracts. Terms and conditions apply.
EPC: D
Tenure - FREEHOLD
Services - We are informed by the Vendors that all main services are installed. 
Council Tax - BAND A – Blackpool Borough Council 
Possession - Vacant possession will be given on completion. 
Viewing - OPEN HOUSE EVENT – SATURDAY 28TH SEPTEMBER 2024 - PLEASE CALL TO BOOK YOUR SLOT.
AGENT'S NOTE
Please note these particulars may be subject to change and must not be relied upon as an entirely accurate description of the property.
Although these particulars are thought to be materially correct, their accuracy cannot be guaranteed and they do not form part of any contract. Some measurements are overall measurements and others are maximum measurements. All services and appliances have not and will not be tested. 
NOTE
Anti-Money Laundering Regulations – Intending purchasers will be asked to produce identification documentation at the offer stage and we would ask for your co-operation in order that there will be no delay in agreeing a sale.
Harrisons Probate Solutions Group and our partners provide a range of services to buyers, although you are free to use an alternative provider. If you require a solicitor to handle your purchase and/or sale, we can refer you to one of the panel solicitors we use. We may receive a referral fee if you use their services.

Agent Details

Harrisons Property Solutions, Watford

01923 961216

Next Steps?

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