2 Bed Terraced House, Single Let, Blackpool, FY1 2RB, £45,000

Enfield Road, Blackpool, Lancashire, FY1 2RB - 6 months ago

Sold STC
Auction
BTL
ROI: 23%
~68 m²
+3 photos

ValuationUndervalued

Sold Prices£55K - £170K
Sold Prices/m²£613/m² - £2.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£661/m²

Value Estimate

£54,450
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£11,250

Stamp Duty & Legal Fees

£2,550

Total Cash In

£13,800

 

 

Cash Out

 

Rent Range

£411 - £1,250

Rent Estimate

£525

Running Costs/mo

£266

Cashflow/mo

£259

Cashflow/yr

£3,113

ROI

23%

Gross Yield

14%

Local Sold Prices

50 sold prices from £55K to £170K, average is £77.5K. £613/m² to £2.5K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£77.5K11/200.08 mi66, Enfield Road, Blackpool FY1 2RB2
£78K11/200.09 mi6, Hampstead Mews, Blackpool FY1 2SG2
£64K11/200.1 mi81, Handsworth Road, Blackpool FY1 2QZ2
£91.5K09/210.12 mi19, Smithy Mews, Blackpool FY1 2EQ2
£77K12/200.13 mi11, Stanhope Road, Blackpool FY1 2QY2
£60K06/210.14 mi17, Beresford Street, Blackpool FY1 3RF2
£74.5K06/230.17 mi38, Bedford Road, Blackpool FY1 2QS2
£55K01/210.18 mi11, Fairfield Road, Blackpool FY1 2RA2
£77K12/200.2 mi10, Leavesley Road, Blackpool FY1 2QP2
£65K03/210.26 mi95, Cocker Street, Blackpool FY1 2EB2
£170K05/210.27 mi1, Ramsey Avenue, Blackpool FY3 7AH2
£170K05/210.27 mi1, Ramsey Avenue, Blackpool FY3 7AH2
£75.5K03/210.27 mi12, Howard Street, Blackpool FY1 2EL2
£76K05/230.28 mi29, Cross Street, Blackpool FY1 2EA2
£73K01/230.28 mi12, Cross Street, Blackpool FY1 2EA2
£75K12/210.28 mi2, Handley Road, Blackpool FY1 3HW2
£96K05/230.31 mi23, Gorton Street, Blackpool FY1 3HP2
£73K01/210.31 mi18, Richmond Road, Blackpool FY1 2NJ2
£65K11/210.32 mi9, Avenham Grove, Blackpool FY1 2EN2
£92K06/230.32 mi31, Butler Street, Blackpool FY1 3HR2
£75K01/230.33 mi4, Moorhouse Street, Blackpool FY1 2HL2
£150K09/210.33 mi10, Geldof Drive, Blackpool FY1 2AQ2
£76.5K09/210.33 mi18, Heald Street, Blackpool FY3 8BG2
£65K08/210.33 mi3, Heald Street, Blackpool FY3 8BG2
£60.5K07/210.33 mi6, Heald Street, Blackpool FY3 8BG2
£100K03/230.33 mi18, Northfield Avenue, Blackpool FY1 2ND2
£75K12/220.33 miClyde Cottage, Clyde Street, Blackpool FY1 2HT2
£77.5K03/230.36 mi19, Healey Street, Blackpool FY3 8RW2
£62.5K10/200.38 mi1, Laburnum Street, Blackpool FY3 8RP2
£110K12/210.38 mi28, Courtfield Avenue, Blackpool FY2 0UN2
£56K03/230.38 mi21, Fisher Street, Blackpool FY1 3HX2
£61.5K12/200.39 mi43, Fisher Street, Blackpool FY1 3HX2
£85K03/210.4 mi222, Warley Road, Blackpool FY2 0UD2
£79K11/200.42 mi21, Ormond Avenue, Blackpool FY1 2LW2
£85K06/210.42 mi82, Charles Street, Blackpool FY1 3JL2
£116K03/210.43 mi87, Bexley Avenue, Blackpool FY2 0TE2
£103.5K04/210.43 mi221, Warley Road, Blackpool FY2 0UL2
£78.5K02/210.43 mi209, Warley Road, Blackpool FY2 0UL2
£110K12/200.44 mi3, Blackfen Place, Blackpool FY2 0XG2
£72K05/210.44 mi7, Whittaker Avenue, Blackpool FY3 8RE2
£72K02/210.44 mi27, Whittaker Avenue, Blackpool FY3 8RE2
£70K03/210.44 mi22, Whittaker Avenue, Blackpool FY3 8RE2
£105K10/200.46 mi4, Caledonian Avenue, Blackpool FY3 8RB2
£163.5K02/210.47 mi38, Cambray Road, Blackpool FY1 2LX2
£155K02/210.47 mi30, Cambray Road, Blackpool FY1 2LX2
£157K11/200.47 mi22, Cambray Road, Blackpool FY1 2LX2
£125K03/230.48 mi31, Gynn Avenue, Blackpool FY1 2LD2
£97.3K12/200.49 mi35, Raymond Avenue, Blackpool FY2 0TY2
£142K12/220.5 mi24, Holly Road, Blackpool FY1 2SF2
£95K05/210.54 mi16, Granville Road, Blackpool FY1 3NP2

Local Rents

51 rents from £411/mo to £1.3K/mo, average is £695/mo.

RentDateDistanceAddressBeds 
£63502/250.1 mi-2
£69501/250.1 mi-2
£77501/250.12 mi-2
£70003/240.14 mi-2
£70004/240.14 miWoburn Road, Blackpool, FY12
£66503/240.16 mi-2
£66504/240.16 miCoopers Way, Blackpool, FY12
£66505/240.16 mi-2
£66504/240.16 miCoopers Way, Blackpool, FY12
£67503/250.16 mi-2
£75003/250.16 mi-2
£69502/240.17 mi-2
£80004/250.19 mi-2
£65004/240.21 miClaremont Road, Blackpool2
£65004/250.22 mi-2
£41104/240.23 miClevedon Road, Blackpool, FY1 2NX2
£90002/250.25 mi-2
£1,20002/250.28 mi-2
£1,25004/240.28 mi-2
£80001/250.28 mi-2
£62504/240.28 miCross Street, Blackpool2
£65004/240.28 miCarshalton Road , Blackpool2
£60605/240.29 miLewtas Street, Blackpool, FY1 2DY2
£52504/240.31 miWarley Road, Blackpool, Lancashire, FY12
£62504/240.33 mi-2
£62503/250.33 mi-2
£75012/240.34 mi-2
£62504/240.34 miChester Road, Blackpool2
£67504/240.34 miChester Road, Blackpool, Lancashire, FY32
£57512/240.35 mi-2
£70004/240.35 mi-2
£60005/240.37 mi-2
£60003/250.37 mi-2
£67004/250.37 mi-2
£65004/240.38 miLaburnum Street, Blackpool, Blackpool2
£97504/240.39 miCourtfield Avenue, Blackpool, Lancashire, FY22
£67504/240.39 miCypress Grove, Blackpool, FY3 8RR2
£65004/250.47 mi-2
£89504/240.47 miRaymond Avenue, Blackpool, Lancashire, FY22
£1,20004/240.48 miGynn Avenue, Blackpool, FY12
£1,20004/240.48 mi-2
£1,20004/240.48 mi-2
£1,00011/240.48 mi-2
£77502/250.48 mi-2
£99504/250.48 mi-2
£75004/240.48 miFrancis Street, Blackpool2
£97503/240.48 mi-2
£1,05004/240.48 mi-2
£1,10004/240.48 mi-2
£1,05004/240.48 mi-2
£97502/240.48 mi-2

Local Area Statistics

Population in FY1

33,505

Population in Blackpool

133,713

Town centre distance

1.61 miles away

Nearest school

0.20 miles away

Nearest train station

0.43 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+26%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £45,000

October 21, 2024

Sold for £26,950

1998

Sold for £21,000

1996

Floor Plans

Description

  • Being Sold via Secure Sale online bidding. Terms and Conditions apply. +
  • Terraced Property +
  • Two Bedrooms +
  • One Reception Room +
  • Utility Room +

This 2 bedroom terraced house presents a rare opportunity for both investors and first-time buyers alike.

Situated close to town centre, this property boasts no onward chain, offering a hassle-free purchase.

The home features UPVC double glazing throughout, providing enhanced energy efficiency.

With a lounge, kitchen, and utility room on the ground floor, the potential for development is vast. Upstairs, two generously sized bedrooms accompany a bathroom complete with a walk-in shower, catering to both comfort and convenience.

With a rear yard.

Embrace the opportunity to transform this property into your dream home, utilising the blank canvas of the exterior to create a peaceful sanctuary to call your own.

Don't miss out on this fantastic chance to experience the perfect fusion of comfort and potential within this inviting terraced house.

Council Tax Band: A
Tenure: Freehold

Agent Details

Pattinson Estate Agents, Auction

0191 625 0242

Next Steps?

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