3 Bed Flat, Single Let, Blackpool, FY4 1QH, £95,000

Harrowside, Blackpool, FY4 1QH - 1 views - 4 months ago

Leasehold
BTL
ROI: 11%
~93 m²
+19 photos

ValuationUndervalued

Sold Prices£67K - £390K
Sold Prices/m²£706/m² - £3.3K/m²

 

 

Square Metres

~93 m²
Price/m²£1K/m²

Value Estimate

£108,271
BMV14%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£23,750

Stamp Duty & Legal Fees

£5,950

Total Cash In

£29,700

 

 

Cash Out

 

Rent Range

£750 - £1,250

Rent Estimate

£750

Running Costs/mo

£467

Cashflow/mo

£283

Cashflow/yr

£3,398

ROI

11%

Gross Yield

9%

Local Sold Prices

15 sold prices from £67K to £390K, average is £125K. £706/m² to £3.3K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£75K09/220 mi47a, Harrowside, Blackpool FY4 1QH3
£92.5K01/230.3 miFlat 21, Crescent Court, Blackpool FY4 1ST3
£67K12/230.3 miFlat 36, Crescent Court, Blackpool FY4 1ST3
£105K10/220.56 miFlat 7, St Lukes Court, St Lukes Road, Blackpool FY4 2EQ3
£125K11/211.09 mi17, Shaw Road, Blackpool FY1 6HA3
£126K11/211.18 mi84, Saville Road, Blackpool FY1 6JT3
£72K09/221.41 mi23, Dunelt Road, Blackpool FY1 6LR3
£240K04/211.44 mi229, Common Edge Road, Blackpool FY4 5DJ3
£249.9K03/211.5 mi30, Askrigg Close, Blackpool FY4 5RE3
£295K09/211.81 mi90a, North Promenade, Lytham St. Annes, Lancashire FY8 2QP3
£390K04/211.92 mi7, St Leonards Road West, Lytham St Annes, Lancashire FY8 2PF3
£92K11/202.09 miFlat 3, Queensway Court, Kilnhouse Lane, Lytham St. Annes, Lancashire FY8 3ET3
£255K02/212.16 mi32, Scarborough Road, Lytham St. Annes, Lancashire FY8 3ES3
£80K07/222.46 mi38b, Bryan Road, Blackpool FY3 9BE3
£150K09/232.97 mi220, Clifton Drive South, Lytham St Annes, Lancashire FY8 1HY3

Local Rents

10 rents from £750/mo to £1.3K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£1,00004/240.15 miHarrowside, Blackpool, Lancashire, FY43
£80004/240.33 mi-3
£1,19004/240.36 mi-3
£1,25004/240.36 miRosemary Avenue, Blackpool, FY43
£79504/240.44 mi33 Kingston Avenue3
£75004/240.46 miJesmond Avenue, Blackpool, FY4 1EJ3
£90005/240.52 miGildabrook Road, Blackpool3
£1,25004/240.54 miSt. Lukes Road, Blackpool3
£75004/240.56 miQueensway, Blackpool3
£75005/240.61 miRangeway Avenue, Blackpool3

Local Area Statistics

Population in FY4

43,982

Population in Blackpool

133,713

Town centre distance

2.85 miles away

Nearest school

0.40 miles away

Nearest train station

0.27 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+58%

Sales demand

Balanced market

Capital growth (5yrs)

+12%

Property History

Price changed to £95,000

March 20, 2025

Price changed to £87,000

March 16, 2025

Price changed to £89,000

February 28, 2025

Price changed to £91,000

January 31, 2025

Price changed to £93,000

January 23, 2025

Price changed to £95,000

January 11, 2025

Price changed to £87,000

January 4, 2025

Price changed to £89,000

December 21, 2024

Price changed to £91,000

December 14, 2024

Price changed to £93,000

November 30, 2024

Listed for £95,000

November 18, 2024

Description

  • Perfect First Time Buyer Opportunity +
  • Likely to attract enquiries from Serious Investors & Developers +
  • Well Maintained Property +
  • Spacious Rooms +
  • Easy Access to Local Amenities +
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack) +

Our latest listing is a 3 bedroom Flat located in Blackpool. With spacious rooms, a modern bathroom, and a town centre location, this is perfect for First Time Buyer Opportunity

This well-kept home features spacious rooms, a bathroom, and a kitchen.

If you are interested, please call us.

Let Property Sales is committed to facilitating a smooth transaction process and allowing for maximum commitment to the sale from both parties. To secure a property, a fully refundable buyer's premium may apply. This amount is not an additional cost and is refunded in the event of non-completion.

Agent Details

Let Property Sales & Management, Glasgow

0141 673 7973

Next Steps?

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