5 Bed Terraced House, Single Let, Blackpool, FY1 3DT, £84,950

Caunce Street, Blackpool, Lancashire, FY1 3DT - 1 views - 7 months ago

BTL
ROI: 11%
~178 m²
+7 photos

ValuationUndervalued

Sold Prices£60K - £525K
Sold Prices/m²£211/m² - £3.3K/m²

 

 

Square Metres

~178.28 m²
Price/m²£476/m²

Value Estimate

£106,188
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£21,238

Stamp Duty & Legal Fees

£5,448

Total Cash In

£26,685

 

 

Cash Out

 

Rent Range

£500 - £2,000

Rent Estimate

£650

Running Costs/mo

£415

Cashflow/mo

£235

Cashflow/yr

£2,814

ROI

11%

Gross Yield

9%

Local Sold Prices

33 sold prices from £60K to £525K, average is £250K. £211/m² to £3.3K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£270K01/210.18 mi8, Leamington Road, Blackpool FY1 4EZ5
£145K12/200.21 mi27, Raikes Parade, Blackpool FY1 4EY5
£120K03/230.22 mi70, Regent Road, Blackpool FY1 4NB5
£130K12/220.22 mi82, Regent Road, Blackpool FY1 4NB5
£260K12/220.45 mi16, Bryan Road, Blackpool FY3 9BE5
£160K02/230.54 mi71, St Albans Road, Blackpool FY1 4EG5
£250K12/220.65 mi50, Cumberland Avenue, Blackpool FY1 5QL5
£160K06/210.68 mi4, West Park Drive, Blackpool FY3 9DN5
£520K12/220.7 mi31, North Park Drive, Blackpool FY3 8LR5
£60K01/210.72 mi36, Bairstow Street, Blackpool FY1 5BN5
£525K12/200.83 mi98, West Park Drive, Blackpool FY3 9HU5
£292.5K03/210.86 mi22, Kenwyn Avenue, Blackpool FY3 9HR5
£358K12/210.92 mi188, Whitegate Drive, Blackpool FY3 9HJ5
£251K12/220.93 mi9, Elmslie Gardens, Blackpool FY3 9FY5
£85K02/231.06 mi45, Bloomfield Road, Blackpool FY1 6JL5
£305K12/221.1 mi161, St Walburgas Road, Blackpool FY3 7EY5
£115K03/211.27 mi7, Laurel Avenue, Blackpool FY1 6QX5
£270K03/231.37 mi246, Newton Drive, Blackpool FY3 8NX5
£277.5K03/231.42 mi7, Regency Gardens, Blackpool FY2 0WX5
£290K07/211.43 mi28, Carlin Gate, Blackpool FY2 9QU5
£170K01/231.54 mi31, Hemingway, Blackpool FY4 3BP5
£83K03/211.55 mi14, Bright Street, Blackpool FY4 1BS5
£370K09/221.56 mi41, Plovers Way, Blackpool FY3 8FD5
£177K12/221.56 mi34, Dean Street, Blackpool FY4 1BP5
£190K12/201.56 mi149, Holmfield Road, Blackpool FY2 9PB5
£305K03/211.6 mi69, Heron Way, Blackpool FY3 8FA5
£305K03/211.6 mi69, Heron Way, Blackpool FY3 8FA5
£385K11/221.64 mi191, Normoss Road, Blackpool, Lancashire FY3 8QN5
£159.9K03/211.7 mi22, Ravenswood Avenue, Blackpool, Lancashire FY3 7SJ5
£340K09/211.84 mi345, Blackpool Old Road, Blackpool, Lancashire FY3 7LX5
£179K06/211.88 mi31, Cherry Tree Road, Blackpool FY4 4NS5
£220K10/211.92 mi57, Halton Gardens, Blackpool FY4 4XR5
£165K10/231.98 mi25, Broadway, Blackpool FY4 2HF5

Local Rents

47 rents from £500/mo to £2K/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£70004/240.08 miPeter Street, Blackpool, FY1 3LT3
£69504/250.14 mi-3
£90004/240.16 miSouth King Street, Blackpool3
£1,20004/250.18 mi-3
£75004/240.19 miCaunce Street, Blackpool3
£1,50003/250.2 mi-3
£85001/250.22 mi-3
£72501/250.28 mi-3
£72501/250.28 mi-3
£1,20003/250.29 mi-4
£65004/250.31 mi-3
£65006/240.31 mi-3
£80004/240.33 miSelbourne Road, Blackpool, Lancashire, FY13
£90002/250.34 mi-3
£85012/240.34 mi-4
£77505/240.35 miHardman Street, Blackpool3
£70004/240.36 miHardman Street, Blackpool, Lancashire, FY13
£75005/240.37 mi-3
£1,25002/250.38 mi-4
£80005/240.38 miManchester Road, Blackpool, FY3 8BP3
£75004/240.38 miManchester Road, Blackpool, FY3 8DN3
£50012/240.4 mi-3
£2,00002/250.41 mi-3
£2,00002/250.41 mi-3
£82512/240.43 mi-3
£80005/240.43 mi-3
£80005/240.43 mi-3
£95004/240.45 miBryan Road, Blackpool3
£95004/240.46 mi-4
£1,30001/250.46 mi-5
£80002/250.47 mi-3
£90005/240.47 mi57 Gainsborough Road, Blackpool. FY1 4DZ3
£92503/240.47 mi-3
£80005/240.53 miBraithwaite Street, Blackpool, FY1 2HS3
£1,30004/240.53 miMere Road, Blackpool, Lancashire, FY34
£1,05002/250.53 mi-3
£1,05004/250.55 mi-3
£72504/240.58 miHarrison Street, Blackpool, Lancashire, FY13
£65004/240.6 miCheltenham Road, Blackpool, FY1 2PR3
£95001/240.6 mi-3
£80005/240.6 mi28 Gloucester Avenue3
£85004/240.61 miDevonshire Road, Blackpool, Lancashire, FY33
£70004/240.62 miFlat 2, 16 Coop Street3
£95005/240.62 mi-3
£71505/240.62 mi-3
£71505/240.62 mi-3
£71505/240.62 miLayton Road, Blackpool, FY33

Local Area Statistics

Population in FY1

33,505

Population in Blackpool

133,713

Town centre distance

1.49 miles away

Nearest school

0.10 miles away

Nearest train station

0.22 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+26%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £84,950

September 25, 2024

Description

  • 5 BED TERRACE +
  • SPLIT INFORMALLY INTO 2 FLATS +
  • REQUIRES UPDATING +
  • NO CHAIN +

48 CAUNCE STREET
WE ADVISE THAT AN OFFER HAS BEEN MADE FOR THE ABOVE PROPERTY IN THE SUM OF £80,000. ANY PERSONS WISHING TO INCREASE ON THIS OFFER SHOULD NOTIFY THE AGENTS OF THEIR BEST OFFER PRIOR TO EXCHANGE OF CONTRACTS.
DUNCAN RAISTRICKS -

. LARGE TERRACE INFORMALLY ARRANGED AS 2 FLATS
. GROUND FLOOR 2 BEDROOM FLAT
. FIRST FLOOR 3 BEDROOM FLAT
. UPVC DOUBLE GLAZING & PARTIAL GAS CENTRAL HEATING
. COURTYARD TO REAR

DESCRIPTION Conveniently located just a short walk from Blackpool town centre with all it's amenities, this large garden terrace has been informally converted into two spacious flats and would make an excellent investment opportunity. Warmed by gas fired central heating and complemented by partial UPVC double glazing. Flat one has a large kitchen, two bedrooms, a bathroom and W.C and an en suite shower room. Flat two comprises large kitchen, landing, three bedrooms and a bathroom and W.C. Outside to the front is a compact garden and at the rear is an enclosed courtyard.

LOCATION Proceeding out of Blackpool along Caunce Street. NO 117 is on the left, shortly before the traffic light junction with Grosvenor Street.

The accommodation comprises:-

ON THE GROUND FLOOR

COMMUNAL ENTRANCE VESTIBULE
COMMUNAL ENTRANCE HALL

FLAT 1
LOUNGE 16'10 X 12'4. UPVC double glazed window, radiator, door to stairs.
KITCHEN 13'4 X 8'0. Fitted with a range of laminate base units and worktops with bevelled edges incorporating a single bowl single drainer stainless steel sink unit, electric cooker point, tiled splashbacks, eye level cupboards, radiator, understairs storage cupboard, UPVC double glazed door to rear.
BEDROOM NO 1 14'6 X 9'9. UPVC double glazed window, radiator.
BATHROOM & W.C Panelled bath, shower cubicle, pedestal wash and basin, W.C - low suite, radiator, UPVC double glazed window.

ON THE FIRST FLOOR

BEDROOM NO 2 11'2 X 9'8. UPVC double glazed window, radiator.
EN SUITE Shower cubicle, pedestal wash and basin, W.C - low suite.

FLAT 2
LOUNGE 16'9 X 13'6. Two UPVC double glazed windows, radiator.
KITCHEN 13'0 X 8'0. Fitted with laminate base units and worktops with bevelled edges incorporating a single bowl single drainer stainless steel sink unit, electric cooker point, matching eye level cupboards, UPVC double glazed window.

ON THE SECOND FLOOR

LANDING Airing cupboard, skylight.
BEDROOM 16'8 X 12'0. Window, electric radiator.
BEDROOM 13'0 X 11'0. Velux window, electric radiator.
BEDROOM 9'8 X 7'9. UPVC double glazed window.
SHOWER ROOM & W.C Shower cubicle, pedestal wash and basin, W.C - low suite.

OUTSIDE

COMPACT FRONT GARDEN
ENCLOSED REAR COURTYARD
TENURE Freehold.
SERVICES All mains services.
VIEWINGS Only by prior appointment through Duncan Raistrick Estate Agents. Tel:- - open 7 days a week.
EPC RATING:- C & E
COUNCIL TAX BAND A

Agent Details

Duncan Raistrick, Blackpool

01253 835382

Next Steps?

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