4 Bed Detached House, Single Let, Blackpool, FY3 9AU, £280,000

75 Mere Road, Blackpool - 6 months ago

BTL
~149 m²
+19 photos

ValuationOvervalued

Sold Prices£78.5K - £585K
Sold Prices/m²£662/m² - £4K/m²

 

 

Square Metres

~149.18 m²
Price/m²£1.9K/m²

Value Estimate

£180,611

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£70,000

Stamp Duty & Legal Fees

£19,200

Total Cash In

£89,200

 

 

Cash Out

 

Rent Range

£695 - £2,000

Rent Estimate

£715

Running Costs/mo

£1,038

Cashflow/mo

£-323

Cashflow/yr

£-3,876

Gross Yield

3%

Local Sold Prices

50 sold prices from £78.5K to £585K, average is £200K. £662/m² to £4K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£192.5K12/200.08 mi18, West Park Drive, Blackpool FY3 9DN4
£130K02/210.08 mi13, Westwood Avenue, Blackpool FY3 9DW4
£390K08/230.11 mi43, Forest Gate, Blackpool FY3 9BA4
£200K07/210.11 mi47, Forest Gate, Blackpool FY3 9BA4
£235K04/210.11 mi45, Forest Gate, Blackpool FY3 9BA4
£173K11/210.12 mi35, Kensington Road, Blackpool FY3 9DU4
£125K08/210.12 mi3, Kensington Road, Blackpool FY3 9DU4
£179.9K06/230.16 mi13, Gorse Road, Blackpool FY3 9ED4
£209K08/230.17 mi19, Ridgwood Avenue, Blackpool FY3 8EL4
£117.7K02/230.22 mi44, Whitegate Drive, Blackpool FY3 9AL4
£420K11/200.22 mi11, St Josephs Close, Blackpool FY3 8LU4
£175K01/230.24 mi76, Newton Drive, Blackpool FY3 8EP4
£85K05/210.27 mi229, Palatine Road, Blackpool FY1 4DX4
£132.5K01/210.27 mi15, Leeds Road, Blackpool FY1 4HQ4
£157.5K03/210.27 mi34, Newton Drive, Blackpool FY3 8BY4
£270K06/210.28 mi90, West Park Drive, Blackpool FY3 9HU4
£245K04/230.28 mi80, West Park Drive, Blackpool FY3 9HU4
£245K01/210.28 mi153, Whitegate Drive, Blackpool FY3 9ER4
£215K11/200.28 mi145, Whitegate Drive, Blackpool FY3 9ER4
£230K07/210.28 mi172, Reads Avenue, Blackpool FY1 4JD4
£200K10/210.28 mi194, Reads Avenue, Blackpool FY1 4JD4
£230K07/210.28 mi172, Reads Avenue, Blackpool FY1 4JD4
£305K10/200.28 mi15, St Clements Avenue, Blackpool FY3 8LT4
£450K07/220.28 mi12, St Clements Avenue, Blackpool FY3 8LT4
£120K11/200.33 mi12, Collingwood Avenue, Blackpool FY3 8BZ4
£399.9K06/220.34 mi16, Milton Avenue, Blackpool FY3 8LY4
£100K11/210.36 mi17, Devonshire Road, Blackpool FY3 8DS4
£260K11/210.4 mi39, Knowsley Avenue, Blackpool FY3 9HP4
£110.1K02/210.42 mi22, Longton Road, Blackpool FY1 4HW4
£98K12/200.42 mi11, South Square, Blackpool FY3 8AJ4
£250K12/220.44 mi16, Leamington Road, Blackpool FY1 4EZ4
£357K01/210.45 mi19, Vernon Avenue, Blackpool FY3 9JF4
£160K05/230.46 mi7, Bennett Avenue, Blackpool FY1 4DP4
£167K09/210.46 mi45, Lincoln Road, Blackpool FY1 4HA4
£155K05/230.46 mi33, Lincoln Road, Blackpool FY1 4HA4
£585K07/230.47 mi91a, North Park Drive, Blackpool FY3 8NH4
£215K12/200.5 mi50, Beechfield Avenue, Blackpool FY3 9JH4
£155K11/210.51 mi30, Deneway Avenue, Blackpool FY3 8JQ4
£129.9K06/210.51 mi133, Park Road, Blackpool FY1 4ET4
£210K08/210.54 mi67, Park Road, Blackpool FY1 4JQ4
£320K05/210.59 mi25, Albion Avenue, Blackpool FY3 8NA4
£95K07/230.61 mi144, Adelaide Street, Blackpool FY1 4LU4
£93K10/210.62 mi49, Elizabeth Street, Blackpool FY1 3JF4
£365K02/210.63 mi2, Alwood Avenue, Blackpool FY3 8NG4
£78.5K05/230.67 mi25, Rydal Avenue, Blackpool FY1 4AR4
£370K04/210.68 mi10, Parkway, Blackpool FY3 8NF4
£350K03/210.68 mi17, Parkway, Blackpool FY3 8NF4
£420K06/210.68 mi18, Parkway, Blackpool FY3 8NF4
£100K07/230.68 mi44, Kirkham Avenue, Blackpool FY1 6RJ4
£115K12/200.7 mi3, Thirsk Grove, Blackpool FY1 5NH4

Local Rents

46 rents from £695/mo to £2K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£95005/240.04 mi-3
£95005/240.08 mi8 Westwood Avenue, Blackpool, FY3 9DW3
£82505/240.08 miWestwood Avenue, Blackpool3
£1,30004/240.09 miMere Road, Blackpool, Lancashire, FY34
£80004/240.09 mi16 Harley Road, Blackpool, FY3 9DY3
£95001/240.11 mi-3
£85005/240.11 mi-3
£79512/240.11 mi-3
£79501/250.11 mi-3
£1,30001/250.16 mi-5
£85004/240.21 mi34 Woodland Grove3
£95004/240.21 miBryan Road, Blackpool3
£95004/240.22 mi-4
£90004/240.26 miWilkinson Avenue, Blackpool3
£90005/240.27 mi57 Gainsborough Road, Blackpool. FY1 4DZ3
£71505/240.3 mi-3
£71505/240.3 mi-3
£71505/240.3 miLayton Road, Blackpool, FY33
£80005/240.34 mi28 Gloucester Avenue3
£75005/240.34 mi-3
£80005/240.38 mi-3
£80005/240.38 mi-3
£75004/240.38 miManchester Road, Blackpool, FY3 8DN3
£1,60004/240.42 mi-4
£1,80004/240.42 miNewton Drive, Blackpool, FY34
£85005/240.44 mi-3
£80005/240.45 miManchester Road, Blackpool, FY3 8BP3
£1,15010/230.45 miElmslie Gardens,Marton,Blackpool,FY34
£92503/240.46 mi-3
£85001/250.48 mi-3
£95004/240.48 miDeneway Avenue, Blackpool3
£90002/250.48 mi-3
£80004/240.48 miPark Road, Blackpool, FY1 5QN3
£1,05002/250.49 mi-3
£1,20003/250.49 mi-4
£1,50003/250.51 mi-3
£75004/240.51 miCaunce Street, Blackpool3
£72504/240.52 miLindsay Avenue, Blackpool3
£69504/250.54 mi-3
£70004/240.54 miPeter Street, Blackpool, FY1 3LT3
£80004/240.54 miSelbourne Road, Blackpool, Lancashire, FY13
£92504/240.58 mi-3
£72501/250.6 mi-3
£72501/250.6 mi-3
£2,00002/250.61 mi-3
£2,00002/250.61 mi-3

Local Area Statistics

Population in FY3

31,569

Population in Blackpool

133,713

Town centre distance

0.90 miles away

Nearest school

0.20 miles away

Nearest train station

0.81 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+2%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Price changed to £280,000

December 13, 2024

Listed for £290,000

October 28, 2024

Floor Plans

Description

  • Individual Detached House situated in a prime residential location next to Stanley Park Entrance +
  • Entrance Vestibule, Hallway, GF WC, Lounge with feature Log Burner +
  • Fitted Dining Kitchen with underfloor heating and built-in appliances, Conservatory +
  • Ground Floor Bedroom / Additional Living Room / Office +
  • 3 First Floor Bedrooms and Stylish Bathroom +
  • Gas Central Heating, uPVC Double Glazing +
  • Off Road Parking with EV Charger +
  • Enclosed South Facing Garden with Outbuilding +

Nestled in a sought-after residential area adjacent to the picturesque Stanley Park Entrance, this exceptional Individual Detached House presents an enticing opportunity for discerning buyers. The property opens to an inviting Entrance Vestibule leading to a spacious Hallway, a convenient Ground Floor WC, and a cosy Lounge featuring a striking Log Burner for those chilly evenings. The heart of the home is the stunning Fitted Dining Kitchen equipped with underfloor heating, modern built-in appliances, and a bright Conservatory offering tranquil garden views. A versatile Ground Floor Bedroom, ideal for additional living space or a home office, adds flexibility to the layout. Upstairs, the property boasts three well-appointed Bedrooms and a stylish Bathroom with newly refurbished Hans Grohe rain shower fittings.

Practical amenities include Gas Central Heating and uPVC Double Glazing, ensuring year-round comfort. Outside, the property benefits from Off Road Parking with an installed Electric Vehicle (EV) Charger, catering to eco-conscious residents. The enclosed South Facing Garden provides a private outdoor oasis, complete with a separate Outbuilding offering potential for diverse uses.

EPC Rating: D

Agent Details

Stephen Tew Estate Agents, Blackpool

01256 961179

Next Steps?

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