3 Bed Terraced House, Single Let, Blackpool, FY1 5PR, £105,000

23 Bela Grove, Blackpool, FY1 5PR - 8 views - 6 months ago

Under Offer

BTL

ROI: 7%

59 m²

+8 photos

ValuationOvervalued

Sold Prices	£72.5K - £217.5K
Sold Prices/m²	£559/m² - £2.1K/m²

Square Metres	59 m²
Price/m²	£1.8K/m²
Value Estimate	£71,390£71,390

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£26,250£26,250
Stamp Duty & Legal Fees	£4,499£4,499
Total Cash In	£30,749£30,749

Cash Out
Rent Range	£575 - £2,000£575 - £2,000
Rent Estimate	£684
Running Costs/mo	£485£485
Cashflow/mo	£199£199
Cashflow/yr	£2,389£2,389
ROI	8%8%
Gross Yield	8%8%

Local Sold Prices

50 sold prices from £72.5K to £217.5K, average is £105K. £559/m² to £2.1K/m², average is £1.2K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£124K	12/20	0.03 mi	52, Bela Grove, Blackpool FY1 5PR	£905	137	3	Terraced House
£124K	12/20	0.03 mi	52, Bela Grove, Blackpool FY1 5PR	£905	137	3	Terraced House
£88K	02/23	0.03 mi	17, Bela Grove, Blackpool FY1 5PR	£1,035	85	3	Semi-Detached House
£75K	12/20	0.04 mi	26, Levens Grove, Blackpool FY1 5PP	£670	112	3	Terraced House
£125K	10/21	0.08 mi	14, Bela Grove, Blackpool FY1 5JZ	£1,126	111	3	Terraced House
£95K	02/21	0.09 mi	70, Condor Grove, Blackpool FY1 5LT	£1,301	73	3	Terraced House
£88K	07/21	0.09 mi	5, Levens Grove, Blackpool FY1 5LA	£677	130	3	Terraced House
£80K	01/23	0.09 mi	27, Wyre Grove, Blackpool FY1 5PW	-	-	3	Terraced House
£77K	11/22	0.1 mi	28, Rose Avenue, Blackpool FY1 5NU	£749	103	3	Semi-Detached House
£99K	01/21	0.1 mi	55, Sharow Grove, Blackpool FY1 5NE	£1,286	77	3	Semi-Detached House
£93K	12/20	0.11 mi	60, Queen Victoria Road, Blackpool FY1 5JX	£861	108	3	Terraced House
£104K	11/21	0.11 mi	170, Grasmere Road, Blackpool FY1 5NG	£1,253	83	3	Semi-Detached House
£123K	11/22	0.11 mi	25, Sharow Grove, Blackpool FY1 5NE	-	-	3	Semi-Detached House
£140K	06/23	0.11 mi	36, Queen Victoria Road, Blackpool FY1 5JY	-	-	3	Terraced House
£120K	07/21	0.12 mi	70, Queen Victoria Road, Blackpool FY1 5JT	-	-	3	Detached House
£105K	11/21	0.12 mi	109, Grasmere Road, Blackpool FY1 5NQ	£1,207	87	3	Semi-Detached House
£99K	06/21	0.12 mi	99, Grasmere Road, Blackpool FY1 5NQ	£1,053	94	3	Semi-Detached House
£118K	03/23	0.12 mi	109, Grasmere Road, Blackpool FY1 5NQ	£1,356	87	3	Semi-Detached House
£119K	02/23	0.12 mi	18, Thirsk Grove, Blackpool FY1 5NH	-	-	3	Semi-Detached House
£120K	08/21	0.12 mi	41, Thirsk Grove, Blackpool FY1 5NH	£1,234	97	3	Semi-Detached House
£136K	01/23	0.12 mi	35, Thirsk Grove, Blackpool FY1 5NH	£1,511	90	3	Semi-Detached House
£125K	12/22	0.14 mi	18, Chadfield Road, Blackpool FY1 5NS	£1,296	96	3	Semi-Detached House
£127K	11/22	0.15 mi	31, Auburn Grove, Blackpool FY1 5NJ	-	-	3	Semi-Detached House
£90K	10/21	0.16 mi	58, Grasmere Road, Blackpool FY1 5PQ	-	-	3	Terraced House
£100K	01/23	0.17 mi	86, Lune Grove, Blackpool FY1 5PH	£1,053	95	3	Semi-Detached House
£115K	03/23	0.17 mi	15, Kingsland Grove, Blackpool FY1 5NN	£1,983	58	3	Terraced House
£72.5K	06/23	0.19 mi	257, Park Road, Blackpool FY1 5NB	-	-	3	Terraced House
£98.5K	06/23	0.2 mi	3, Marina Avenue, Blackpool FY1 6QL	£1,368	72	3	Terraced House
£95K	11/21	0.2 mi	9, Queen Victoria Road, Blackpool FY1 5LF	£927	102	3	Terraced House
£108K	02/23	0.2 mi	18, Westmorland Avenue, Blackpool FY1 5LG	-	-	3	Terraced House
£119.5K	12/20	0.21 mi	194, Park Road, Blackpool FY1 5QS	£1,440	83	3	Semi-Detached House
£146K	08/21	0.21 mi	24, Durley Road, Blackpool FY1 6LX	£1,587	92	3	Semi-Detached House
£95K	01/21	0.21 mi	10, Durley Road, Blackpool FY1 6LX	£919	103	3	Terraced House
£121K	06/23	0.21 mi	224, Park Road, Blackpool FY1 6RS	£1,210	100	3	Terraced House
£101K	02/21	0.21 mi	127, Westmorland Avenue, Blackpool FY1 5PF	£1,365	74	3	Terraced House
£92.5K	06/21	0.22 mi	61, Cunliffe Road, Blackpool FY1 6RY	-	-	3	Terraced House
£125K	05/21	0.23 mi	51, Boardman Avenue, Blackpool FY1 6QE	£1,214	103	3	Terraced House
£145.5K	06/21	0.24 mi	9, Hartford Avenue, Blackpool FY1 6RP	£1,774	82	3	Semi-Detached House
£82K	06/23	0.24 mi	18, Cunliffe Road, Blackpool FY1 6RZ	£901	91	3	Terraced House
£93.5K	01/23	0.24 mi	21, Cunliffe Road, Blackpool FY1 6RZ	£1,140	82	3	Terraced House
£110K	02/23	0.24 mi	5, Shetland Road, Blackpool FY1 6LP	£1,209	91	3	Terraced House
£97.5K	03/21	0.25 mi	18, Shetland Road, Blackpool FY1 6LP	£1,354	72	3	Terraced House
£105K	01/23	0.25 mi	11, Shetland Road, Blackpool FY1 6LP	£1,221	86	3	Terraced House
£110K	01/23	0.26 mi	25, Boardman Avenue, Blackpool FY1 6QD	£1,309	84	3	Terraced House
£85K	01/21	0.27 mi	162, Park Road, Blackpool FY1 5QN	£559	152	3	Terraced House
£88K	07/21	0.27 mi	97, Condor Grove, Blackpool FY1 5QY	£786	112	3	Semi-Detached House
£166K	06/21	0.27 mi	130, Condor Grove, Blackpool FY1 5QY	-	-	3	Semi-Detached House
£123K	05/21	0.27 mi	223, Bloomfield Road, Blackpool FY1 6QG	£1,430	86	3	Semi-Detached House
£217.5K	03/23	0.27 mi	26, St Vincent Avenue, Blackpool FY1 6RT	£2,071	105	3	Detached House
£80K	11/20	0.27 mi	63, Westfield Road, Blackpool FY1 6NX	£930	86	3	Semi-Detached House

Local Rents

46 rents from £575/mo to £2K/mo, average is £850/mo.

Rent	Date	Distance	Address	Beds	Type
£950	01/25	0.07 mi	-	3	Terraced House
£1,100	05/24	0.07 mi	-	3	Terraced House
£1,100	04/24	0.07 mi	92 Grasmere Road	3	Terraced House
£825	04/24	0.09 mi	Wyre Grove, Blackpool	3	House
£795	04/24	0.1 mi	Ansdell Road, Blackpool, Lancashire, FY15LX	3	Terraced House
£800	05/24	0.22 mi	Cunliffe Road, Great Marton, Blackpool, FY1	3	Terraced House
£750	01/25	0.22 mi	-	3	Terraced House
£825	04/24	0.23 mi	Boardman Avenue, Blackpool, FY1 6QE	3	Semi-Detached House
£750	04/24	0.24 mi	Cunliffe Road, Blackpool, FY1 6SD	3	Terraced House
£1,250	04/24	0.26 mi	-	3	Semi-Detached House
£1,250	04/24	0.26 mi	Hudson Road, Blackpool, FY1	3	Detached House
£800	04/24	0.27 mi	Park Road, Blackpool, FY1 5QN	3	Terraced House
£1,200	03/25	0.27 mi	-	3	Terraced House
£780	04/24	0.27 mi	-	3	Terraced House
£850	05/24	0.28 mi	-	3	Semi-Detached House
£850	03/25	0.3 mi	-	3	Terraced House
£725	04/24	0.32 mi	Harrison Street, Blackpool, Lancashire, FY1	3	Terraced House
£725	04/24	0.36 mi	Ansdell Road, Blackpool	3	Terraced House
£775	04/24	0.37 mi	Erdington Road, Blackpool	3	Terraced House
£800	05/24	0.39 mi	28 Gloucester Avenue	3	Terraced House
£950	04/24	0.4 mi	Harris Avenue, FY1 6NJ	3	House
£1,100	03/25	0.4 mi	-	3	Terraced House
£895	02/25	0.43 mi	-	3	Semi-Detached House
£1,050	04/25	0.43 mi	-	3	Terraced House
£1,200	12/24	0.45 mi	-	3	Semi-Detached House
£950	02/25	0.45 mi	-	3	Semi-Detached House
£800	05/24	0.48 mi	-	3	Semi-Detached House
£800	05/24	0.48 mi	-	3	Semi-Detached House
£2,000	02/25	0.5 mi	-	3	Flat
£2,000	02/25	0.5 mi	-	3	Flat
£725	04/24	0.51 mi	Lindsay Avenue, Blackpool	3	Terraced House
£900	05/24	0.52 mi	57 Gainsborough Road, Blackpool. FY1 4DZ	3	Semi-Detached House
£900	04/24	0.52 mi	Wilkinson Avenue, Blackpool	3	Flat
£850	04/24	0.53 mi	34 Woodland Grove	3	Terraced House
£1,000	12/24	0.53 mi	-	3	Flat
£900	02/25	0.54 mi	-	3	Flat
£700	04/24	0.55 mi	Flat 2, 16 Coop Street	3	Flat
£1,100	04/24	0.56 mi	Princess Street	3	Terraced House
£1,733	02/25	0.6 mi	-	3	Flat
£950	01/24	0.6 mi	-	3	Semi-Detached House
£825	04/24	0.61 mi	Bickerstaffe Street, Blackpool	3	Terraced House
£850	05/24	0.62 mi	-	3	Terraced House
£795	12/24	0.62 mi	-	3	Terraced House
£795	01/25	0.62 mi	-	3	Terraced House
£575	01/24	0.62 mi	-	3	Terraced House
£800	04/24	0.62 mi	16 Harley Road, Blackpool, FY3 9DY	3	Flat

Local Area Statistics

Population in FY1	33,50533,505
Population in Blackpool	133,713133,713
Town centre distance	1.41 miles away1.41 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.70 miles away0.70 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+26%+26%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+11%+11%

Property History

Price changed to £105,000

February 28, 2025

Listed for £109,950

October 23, 2024

Sold for £100,000

2006

Sold for £89,000

2005

Sold for £70,000

2003

Floor Plans

Description

TWO self-contained flats +
Annual income c.£13,000 +
GROSS yield OVER 11% +
Viable Buy-To-Let +

ATTENTION INVESTORS - BUY-TO-LET OPPORTUNITY

This LARGE mid-garden terraced house is currently arranged as TWO self-contained flats providing an annual income in the region of £13,000 per annum. This is an appealing gross return of OVER 11%.
This reflects the fact that some work is required, mainly to the ground floor one bedroom flat, where the first floor flat has a modern fitted kitchen and benefits from additional space to the loft room and second bathroom.

Agent Details

McDonald, Fylde Coast

01253 835493

Next Steps?

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

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ValuationOvervalued

CashflowsOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

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Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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Cashflows

Local Sold Prices

Local Rents