7 Bed Semi-Detached House, Single Let, Blackpool, FY4 1DB, £190,000

7 Moore Street, Blackpool, FY4 1DB - 8 views - 6 months ago

BTL
~217 m²
+5 photos

ValuationUndervalued

Sold Prices£52.5K - £390K
Sold Prices/m²£389/m² - £2.7K/m²

 

 

Square Metres

~217 m²
Price/m²£876/m²

Value Estimate

£231,800
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£47,500

Stamp Duty & Legal Fees

£6,900

Total Cash In

£54,400

 

 

Cash Out

 

Rent Range

£575 - £2,600

Rent Estimate

£738

Running Costs/mo

£761

Cashflow/mo

£-23

Cashflow/yr

£-280

Gross Yield

5%

Local Sold Prices

46 sold prices from £52.5K to £390K, average is £145K. £389/m² to £2.7K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£71.5K02/210.15 mi6, Montague Street, Blackpool FY4 1AT4
£178K06/230.21 mi16, Station Terrace, Blackpool FY4 1HT4
£152.5K11/230.26 mi67, Osborne Road, Blackpool FY4 1HQ4
£90K02/230.28 mi104, St Heliers Road, Blackpool FY1 6JD4
£52.5K08/230.29 mi171, Lytham Road, Blackpool FY1 6DN4
£228.5K04/210.33 mi12, Hampton Road, Blackpool FY4 1JB4
£127.5K02/230.34 mi368, Central Drive, Blackpool FY1 6LA4
£98K11/200.42 mi20, Saville Road, Blackpool FY1 6JP4
£145K04/210.42 mi358, Central Drive, Blackpool FY1 6LF4
£205K03/210.42 mi20, Coniston Road, Blackpool FY4 2BY4
£270K06/210.42 mi30, Coniston Road, Blackpool FY4 2BY4
£245K11/200.43 mi4, Ullswater Road, Blackpool FY4 2BZ4
£275K03/210.43 mi20, Ullswater Road, Blackpool FY4 2BZ4
£242K08/210.43 mi23, Ullswater Road, Blackpool FY4 2BZ4
£160K03/220.44 mi46a, Falmouth Road, Blackpool FY1 6LQ4
£180K08/210.45 mi11, Trent Road, Blackpool FY4 1EF4
£175K06/230.51 mi2, Winchester Avenue, Blackpool FY4 3AJ4
£120K01/210.51 mi5, Winchester Avenue, Blackpool FY4 3AJ4
£108K04/230.51 mi5, Winchester Avenue, Blackpool FY4 3AJ4
£170K10/210.55 mi464, Lytham Road, Blackpool FY4 1JQ4
£180K04/230.55 mi470, Lytham Road, Blackpool FY4 1JQ4
£145K06/210.56 mi31, Harcourt Road, Blackpool FY4 3ET4
£88.3K01/210.56 mi73, The Crescent, Blackpool FY4 1EQ4
£237K08/210.61 mi3, Woodstock Gardens, Blackpool FY4 1JW4
£249.9K08/210.61 mi1, Woodstock Gardens, Blackpool FY4 1JW4
£93K01/210.63 mi26, Eccleston Road, Blackpool FY1 6NH4
£280K11/210.66 mi17, Third Avenue, Blackpool FY4 2EU4
£330K12/220.66 mi15, Third Avenue, Blackpool FY4 2EU4
£350K11/230.67 mi176, St Annes Road, Blackpool FY4 2BL4
£162K12/200.69 mi63, Burlington Road, Blackpool FY4 1JS4
£390K09/220.74 mi2, Matthews Court, Blackpool FY4 2BT4
£75K10/210.74 mi227, Central Drive, Blackpool FY1 5HX4
£165K02/230.77 mi69, Greenwood Avenue, Blackpool FY1 6PR4
£145K09/210.78 mi65, Horncliffe Road, Blackpool FY4 1LJ4
£79K07/210.8 mi2, Chadwick Street, Blackpool FY1 5EJ4
£115K12/200.82 mi3, Thirsk Grove, Blackpool FY1 5NH4
£75K02/210.85 mi30, Erdington Road, Blackpool FY1 5EG4
£70.5K02/210.85 mi15, Erdington Road, Blackpool FY1 5EG4
£70K05/210.85 mi30, Kent Road, Blackpool FY1 5HB4
£78.5K05/230.86 mi25, Rydal Avenue, Blackpool FY1 4AR4
£283K03/230.91 mi319, St Annes Road, Blackpool FY4 2EE4
£125K04/230.94 mi142, Highfield Road, Blackpool FY4 2HH4
£135K07/210.96 mi1, Morley Road, Blackpool FY4 4EP4
£104K01/210.98 mi453, Waterloo Road, Blackpool FY4 4BW4
£135K02/230.99 mi9, Garton Avenue, Blackpool FY4 2JW4
£100K07/231 mi44, Kirkham Avenue, Blackpool FY1 6RJ4

Local Rents

30 rents from £575/mo to £2.6K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£65005/240.13 miShaw Road, Blackpool3
£75004/240.13 miWaterloo Road, Blackpool4
£70003/250.13 mi-5
£79504/250.15 mi-4
£90001/250.15 mi-3
£95005/240.15 miHaig Road, Blackpool, FY13
£95005/240.15 mi-3
£1,50003/250.18 mi-3
£99504/240.26 mi-3
£99504/240.26 mi-3
£1,00012/240.26 mi-3
£87504/240.28 miSt. Heliers Road, Blackpool4
£1,73302/250.32 mi-4
£1,20012/240.33 mi-3
£95002/250.33 mi-3
£1,73302/250.35 mi-3
£89502/250.36 mi-3
£97502/250.38 mi-4
£2,60012/240.41 mi-4
£2,60002/250.41 mi-4
£1,05001/240.46 mi-4
£57501/240.49 mi-3
£65011/240.51 mi-3
£75004/240.54 miJesmond Avenue, Blackpool, FY4 1EJ3
£75004/240.54 miQueensway, Blackpool3
£87011/240.55 mi-3
£75005/240.55 miRangeway Avenue, Blackpool3
£1,25004/240.57 miHudson Road, Blackpool, FY13
£1,25004/240.57 mi-3
£75001/250.6 mi-3

Local Area Statistics

Population in FY4

43,982

Population in Blackpool

133,713

Town centre distance

2.14 miles away

Nearest school

0.30 miles away

Nearest train station

0.13 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+58%

Sales demand

Balanced market

Capital growth (5yrs)

+12%

Property History

Listed for £190,000

October 7, 2024

Sold for £85,000

2001

Sold for £58,000

1995

Floor Plans

Description

  • Victorian Building With Seven Flats +
  • Additional Owners Flat Too +
  • Five Studio & Two One Bedroom +
  • Six Flats Self Contained +
  • Off Road Parking & Rear Garden +
  • Excellent Local Amenities & Transport Links +
  • No Onward Chain +

The Property
Fantastic opportunity to purchase this large mid terraced Victorian property which includes many original features. The building is set as Six Flats plus owners. Six of which are self contained. The property benefits from excellent local amenities, public transport links & easily accessibly motorway networks via Yeadon Way. Being based in the heart of South Shore, the property is a very short distance away from Blackpool Beach.

The building itself is set out over Four floors including basement used as storage . Four flats are currently occupied achieving 3 at £85pw and one at £50pw via goodwill. Only recently have the others become available.

Five x Studio flats.
Two x One bedroom flats. (This includes owners)
Storage rooms.
Basement.
Off road parking to front.

All flats would accumulate £85pw as a minimum on the open market totalling an annual income of £26,520.

The property benefits from UPVC double glazing, Gas central heating & is offered with no onward chain.

Disclaimer for virtual viewings

Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing. If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.

Agent Details

Purplebricks, covering Fylde Coast

020 3905 6979

Next Steps?

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