3 Bed Semi-Detached House, Refurb/BRRR, Blackpool, FY4 3QE, £147,000

14 Helens Close, Blackpool, FY4 3QE - 6 months ago

Sold STC
Refurb/BRRR
ROI: 4%
~82 m²
+11 photos

ValuationOvervalued

Sold Prices£86.5K - £255K
Sold Prices/m²£877/m² - £2.2K/m²

 

 

Square Metres

~82.26 m²
Price/m²£1.8K/m²

Value Estimate

£138,304

 

 

End Value (After Refurb)

£141,541

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£36,750

Stamp Duty & Legal Fees

£8,550

Refurb Costs

£36,908

Bridging Loan Interest

£3,859

Total Cash In

£87,817

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£141,541

Mortgage (After Refinance)

£106,156

Mortgage LTV

75%

Cash Left In

£87,817

Equity

£35,385

Rent Range

£650 - £1,250

Rent Estimate

£917

Running Costs/mo

£646

Cashflow/mo

£271

Cashflow/yr

£3,255

ROI

4%

Gross Yield

7%

Local Sold Prices

50 sold prices from £86.5K to £255K, average is £140K. £877/m² to £2.2K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£167K11/200 mi36, Helens Close, Blackpool FY4 3QE3
£167K06/210 mi8, Helens Close, Blackpool FY4 3QE3
£180K05/230.02 mi71, Helens Close, Blackpool FY4 3QD3
£130K02/210.02 mi49, Helens Close, Blackpool FY4 3QD3
£173K05/210.02 mi89, Helens Close, Blackpool FY4 3QD3
£151K06/230.04 mi21, Stadium Avenue, Blackpool FY4 3QA3
£166K02/210.04 mi73, Stadium Avenue, Blackpool FY4 3QA3
£140K06/230.04 mi25, Stadium Avenue, Blackpool FY4 3QA3
£159.5K02/240.04 mi15, Stadium Avenue, Blackpool FY4 3QA3
£157K05/230.04 mi61, Stadium Avenue, Blackpool FY4 3QA3
£130K11/200.04 mi80, Stadium Avenue, Blackpool FY4 3QB3
£148K04/230.04 mi84, Stadium Avenue, Blackpool FY4 3QB3
£145K05/210.04 mi40, Stadium Avenue, Blackpool FY4 3QB3
£154K06/210.04 mi10, Stadium Avenue, Blackpool FY4 3QB3
£150K02/230.04 mi34, Stadium Avenue, Blackpool FY4 3QB3
£170K12/220.04 mi80, Stadium Avenue, Blackpool FY4 3QB3
£118K11/210.06 mi1, Ivy Avenue, Blackpool FY4 3QF3
£121K11/200.08 mi18, Ivy Avenue, Blackpool FY4 3QG3
£122.5K03/230.08 mi108, Ivy Avenue, Blackpool FY4 3QG3
£145K01/230.12 mi61, Lindale Gardens, Blackpool FY4 3PH3
£100K11/200.13 mi58, Endsleigh Gardens, Blackpool FY4 3PA3
£110K01/240.13 mi35, Endsleigh Gardens, Blackpool FY4 3PA3
£122.5K06/210.13 mi83, Faringdon Avenue, Blackpool FY4 3QJ3
£139K11/230.14 mi83, Faringdon Avenue, Blackpool FY4 3QJ3
£135K05/210.15 mi324, St Annes Road, Blackpool FY4 2QP3
£118K11/200.16 mi77, Lindale Gardens, Blackpool FY4 3PJ3
£133K02/210.16 mi63, Lindale Gardens, Blackpool FY4 3PJ3
£100K03/230.18 mi15, Linfield Terrace, Blackpool FY4 3PD3
£140K11/230.18 mi30, Weeton Avenue, Blackpool FY4 3QW3
£190K06/230.18 mi23, Longridge Avenue, Blackpool FY4 3QN3
£133K01/230.19 mi101, Collyhurst Avenue, Blackpool FY4 3NQ3
£255K12/220.19 mi18, Balham Avenue, Blackpool FY4 3QP3
£132.5K10/200.19 mi15, Kimberley Avenue, Blackpool FY4 2LS3
£125K09/210.19 mi30, Kingsmede, Blackpool FY4 3NW3
£88K02/210.2 mi81, Willowbank Avenue, Blackpool FY4 3ND3
£185K06/210.2 mi3, Westby Avenue, Blackpool FY4 3QL3
£160K11/230.2 mi31, Westby Avenue, Blackpool FY4 3QL3
£125K01/210.21 mi231, Highfield Road, Blackpool FY4 3NS3
£131K12/220.22 mi10, Cheddar Avenue, Blackpool FY4 2LG3
£136.5K04/210.22 mi2, Cheddar Avenue, Blackpool FY4 2LG3
£143K12/210.22 mi6, Inskip Place, Blackpool FY4 3QX3
£195K01/230.23 mi9, Deeside, Blackpool FY4 2PR3
£95K04/230.23 mi72, Sandgate, Blackpool FY4 2LX3
£180K05/230.24 mi58, Sandgate, Blackpool FY4 2NA3
£86.5K02/210.24 mi90, Edgeway Road, Blackpool FY4 3NH3
£149K05/230.26 mi18, Nateby Avenue, Blackpool FY4 3QY3
£157.5K02/230.27 mi40, Belvere Avenue, Blackpool FY4 2LW3
£122.5K05/210.28 mi44, Primrose Avenue, Blackpool FY4 2LL3
£107K06/210.29 mi59, Henson Avenue, Blackpool FY4 3LZ3
£206K08/210.29 mi31, Henson Avenue, Blackpool FY4 3LZ3

Local Rents

27 rents from £650/mo to £1.3K/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£95004/240.05 miHelens Close, Blackpool3
£95004/240.05 miHelens Close, Blackpool3
£67502/240.08 miIvy Avenue, Blackpool, FY4 3QG3
£79504/240.11 mi17 Lindale Gardens3
£75004/240.11 mi80 Lindale3
£75005/240.11 mi80 Lindale3
£85004/240.13 miEndsleigh Gardens, Blackpool3
£89505/240.14 mi61 Faringdon Avenue3
£79504/240.14 miEndsleigh Gardens, Blackpool3
£85004/240.15 miFaringdon Avenue, Blackpool, Lancashire, FY43
£65012/230.17 mi-3
£87512/240.22 mi-3
£90004/240.23 mi-3
£85004/240.3 miCollyhurst Avenue3
£90005/240.31 miGildabrook Road, Blackpool3
£1,00004/240.33 miEdgeway Road, Blackpool, FY43
£1,00004/240.33 mi-3
£95004/240.35 mi-3
£95003/250.36 mi-3
£1,19504/240.4 miFerndale Avenue, Blackpool, FY43
£1,10004/240.4 mi-3
£95011/240.44 mi-3
£1,25004/240.47 miSt. Lukes Road, Blackpool3
£79504/240.5 mi33 Kingston Avenue3
£1,19004/240.51 mi-3
£1,25004/240.51 miRosemary Avenue, Blackpool, FY43
£70002/240.52 miHouseman Place, Blackpool, FY4 5AE3

Local Area Statistics

Population in FY4

43,982

Population in Blackpool

133,713

Town centre distance

2.41 miles away

Nearest school

0.20 miles away

Nearest train station

0.89 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+58%

Sales demand

Balanced market

Capital growth (5yrs)

+12%

Property History

Price changed to £147,000

November 13, 2024

Listed for £167,500

October 5, 2024

Floor Plans

Description

  • Gas central heating +
  • Double glazing +
  • Large living room +
  • Kitchen/Dining room +
  • Conservatory +
  • Attractive shower room +
  • Sought after residential location +
  • Schools nearby +
  • No Chain Delay +
  • Requires modernisation +

FULL DESCRIPTION This excellent and well located three bedroom semi detached house offers entrance hallway, lounge, open plan kitchen/dining room, conservatory, three bedrooms and a shower room. To the exterior are good sized and well stocked gardens with driveway and large garage. Some cosmetic improvement required hence the attractive asking price. NO CHAIN! 

ENTRANCE VESTIBULE Double glazed french doors. 

ENTRANCE HALL Double glazed windows. Central heating radiator. Built in under the stairs storage cupboard. 

LOUNGE Double glazed window. Central heating radiator. Fireplace. Sliding doors to dining room. 

KITCHEN/DINING ROOM Fitted wall and base units. Two double glazed windows and door. central heating radiator. One and a half bowl sink unit and mixer tap.  

CONSERVATORY Double glazed. 

STAIRS AND LANDING Double glazed window. 

BEDROOM 1 Fitted wardrobes. Double glazed window. Central heating radiator. 

BEDROOM 2 Fitted wardrobes. Double glazed window. Central heating radiator. 

BEDROOM 3 Double glazed window. Central heating radiator. 

SHOWER ROOM Shower cubicle. WC. Pedestal hand basin. Double glazed window. Fully tiled. Central heating radiator. 

GARDENS To front.

Driveway to side.

Large rear garden with well stocked borders. 

GARAGE  

BROADBAND COVERAGE BROADBAND

We are advised that the property can obtain Fibre to the Premises (FTTP)

MOBILE DATA

We are advised that you are likely to have mobile coverage

We would suggest that you also make your own enquiries as to Mobile Data coverage

Agent Details

Tiger Sales & Lettings, Blackpool

01253 835609

Next Steps?

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