2 Bed Flat, Single Let, Blackpool, FY2 9GJ, £110,000





ValuationOvervalued
Sold Prices | £64K - £247K |
Sold Prices/m² | £1K/m² - £2.1K/m² |
| |
Square Metres | ~72.50 m² |
Price/m² | £1.5K/m² |
Value Estimate | £96,464 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £27,500 |
Stamp Duty & Legal Fees | £6,700 |
Total Cash In | £34,200 |
| |
Cash Out | |
Rent Range | £550 - £1,325 |
Rent Estimate | £550 |
Running Costs/mo | £474 |
Cashflow/mo | £76 |
Cashflow/yr | £915 |
ROI | 3% |
Gross Yield | 6% |
Local Sold Prices
31 sold prices from £64K to £247K, average is £85K. £1K/m² to £2.1K/m², average is £1.3K/m².
Local Rents
25 rents from £550/mo to £1.3K/mo, average is £695/mo.
Local Area Statistics
Population in FY2 | 24,589 |
Population in Blackpool | 133,713 |
Town centre distance | 2.65 miles away |
Nearest school | 0.60 miles away |
Nearest train station | 1.17 miles away |
| |
Rental demand | Balanced market |
Rental growth (12m) | +50% |
Sales demand | Balanced market |
Capital growth (5yrs) | +18% |
Property History
Price changed to £110,000
March 8, 2025
Price changed to £117,000
December 20, 2024
Listed for £120,000
November 7, 2024
Floor Plans

Description
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