2 Bed Terraced House, Refurb/BRRR, Blackpool, FY4 1DB, £70,000

14 Moore Street, Blackpool, FY4 1DB - 4 views - 4 months ago

Under Offer
Refurb/BRRR
ROI: 4%
88 m²
+7 photos

ValuationUndervalued

Sold Prices£50K - £148K
Sold Prices/m²£604/m² - £2.1K/m²

 

 

Square Metres

88 m²
Price/m²£795/m²

Value Estimate

£81,600
BMV2%

 

 

End Value (After Refurb)

£92,825

Uplift in Value

+16%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (29%)

£20,000

Stamp Duty & Legal Fees

£3,600

Refurb Costs

£36,024

Bridging Loan Interest

£2,100

Total Cash In

£63,474

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£92,825

Mortgage (After Refinance)

£69,618

Mortgage LTV

75%

Cash Released

£9,618

Cash Left In

£53,856

Equity

£23,206

Rent Range

£450 - £1,733

Rent Estimate

£661

Running Costs/mo

£443

Cashflow/mo

£218

Cashflow/yr

£2,616

ROI

4%

Gross Yield

10%

Local Sold Prices

50 sold prices from £50K to £148K, average is £89K. £604/m² to £2.1K/m², average is £1.1K/m².

PriceDateDistanceAddressBeds 
£58K07/210.06 mi13, Gordon Street, Blackpool FY4 1AJ2
£68K08/230.09 mi28, Bagot Street, Blackpool FY1 6EZ2
£73K04/210.23 mi63, Alexandra Road, Blackpool FY1 6HW2
£75K10/210.33 mi26, Gladstone Street, Blackpool FY4 2AL2
£120K04/220.33 mi72a, Saville Road, Blackpool FY1 6JT2
£60K01/210.35 mi4, Amberbanks Grove, Blackpool FY1 6DW2
£72K05/230.35 mi8, Amberbanks Grove, Blackpool FY1 6DW2
£95K02/210.37 mi26, Thames Road, Blackpool FY4 1ED2
£76K12/200.38 mi28, Seymour Road, Blackpool FY1 6JH2
£73.5K01/210.41 mi9, Moon Avenue, Blackpool FY1 6EH2
£142K03/230.44 mi10, Lunedale Avenue, Blackpool FY1 6LL2
£60K12/200.48 mi1, Truro Street, Blackpool FY4 3BJ2
£73.4K02/210.49 mi51, Aintree Road, Blackpool FY4 3BD2
£120K07/210.51 mi89, Dunelt Road, Blackpool FY1 6LT2
£64K03/210.51 mi21, Henry Street, Blackpool FY1 5JG2
£124K08/210.53 mi13, Harlech Avenue, Blackpool FY1 6ND2
£72.5K12/220.53 mi1, Frederick Street, Blackpool FY4 3BQ2
£83K11/210.54 mi5, Houghton Avenue, Blackpool FY4 3BU2
£128K07/210.55 mi26, Westfield Road, Blackpool FY1 6NY2
£85K04/230.55 mi23, Rangeway Avenue, Blackpool FY4 2DJ2
£114K06/210.56 mi12, Harcourt Road, Blackpool FY4 3ET2
£94K08/210.58 mi6, Edwell Avenue, Blackpool FY4 3BX2
£97K09/210.59 mi26, Starbeck Avenue, Blackpool FY4 3BA2
£141.5K01/230.65 mi57, Chislehurst Avenue, Blackpool FY4 3AS2
£115K12/230.66 mi30, Stamford Avenue, Blackpool FY4 2BJ2
£115K04/230.66 mi34, Stamford Avenue, Blackpool FY4 2BJ2
£71K09/210.68 mi2, Swindon Avenue, Blackpool FY4 3DX2
£74K05/230.7 mi128, Harcourt Road, Blackpool FY4 3HW2
£115K11/200.72 mi12, Marton Drive, Blackpool FY4 3DQ2
£73K10/200.72 mi174, Bloomfield Road, Blackpool FY1 6QH2
£100K03/230.72 mi81, Hemingway, Blackpool FY4 3DR2
£119.3K01/230.72 mi23, Marton Drive, Blackpool FY4 3DF2
£122.5K06/230.72 mi15, Marton Drive, Blackpool FY4 3DF2
£105K03/230.74 mi10, Mirfield Grove, Blackpool FY4 3DN2
£70K06/210.75 mi107, Hemingway, Blackpool FY4 3DR2
£90K04/230.75 mi92, Hemingway, Blackpool FY4 3DR2
£115K01/230.75 mi116, Hemingway, Blackpool FY4 3DR2
£85K11/230.76 mi155, Powell Avenue, Blackpool FY4 3HQ2
£90K10/210.76 mi27, Beardshaw Avenue, Blackpool FY1 6QA2
£88K06/210.77 mi30, Ellesmere Road, Blackpool FY4 3DH2
£82.5K10/200.77 mi32, Ellesmere Road, Blackpool FY4 3DH2
£148K04/230.77 mi32, Ellesmere Road, Blackpool FY4 3DH2
£54K12/200.77 mi5, Revoe Street, Blackpool FY1 5HN2
£90K01/210.78 mi76, Cunliffe Road, Blackpool FY1 6RY2
£80K02/210.8 mi102, Loftos Avenue, Blackpool FY4 3HA2
£135K03/230.81 mi17, Stoke Avenue, Blackpool FY1 6QB2
£105K06/230.81 mi49, Ellesmere Road, Blackpool FY4 3DJ2
£95K09/210.82 mi183, Harcourt Road, Blackpool FY4 3HN2
£50K08/230.86 mi66, Sharow Grove, Blackpool FY1 5ND2
£71K06/210.86 mi30a, Kent Road, Blackpool FY1 5HB2

Local Rents

43 rents from £450/mo to £1.7K/mo, average is £650/mo.

RentDateDistanceAddressBeds 
£52504/240.03 miClarence Court, Rawcliffe Street, Blackpool, FY4 1DJ2
£52505/240.03 miClarence Court, Rawcliffe Street, Blackpool, FY4 1DJ2
£62505/240.04 miWaterloo Road, Blackpool2
£65004/240.1 miBagot Street, Blackpool, Lancashire, FY16EZ2
£62504/240.13 miDean Street, Blackpool, Lancashire, FY42
£70003/250.17 mi-2
£69003/250.17 mi-2
£62504/240.18 miStation Road, Blackpool2
£62504/240.18 miStation Road, Blackpool2
£1,73311/240.18 mi-2
£55004/240.18 miBall Street, Blackpool2
£60004/240.2 miBall Street, Blackpool, Lancashire, FY12
£50012/240.25 mi-2
£85005/240.27 mi-2
£82503/250.27 mi-2
£85005/240.27 miClare Street, Blackpool, FY12
£65002/250.28 mi-2
£62504/240.29 miSt Heliers Road, Blackpool2
£45004/240.29 miOsborne Road, Blackpool2
£45005/240.29 miOsborne Road, Blackpool2
£65003/250.29 mi-2
£63005/240.3 miHAMPTON ROAD, BLACKPOOL, Blackpool2
£68004/240.3 miLytham Road, Blackpool2
£72004/240.3 miLytham Road, Blackpool2
£1,73311/240.31 mi-2
£1,73311/240.31 mi-2
£1,73302/250.31 mi-2
£69504/240.35 miAmberbanks Grove, Blackpool2
£1,51703/250.36 mi-2
£60005/240.36 miSt. Heliers Road, Blackpool, FY1 6JE2
£65004/240.38 miSt. Annes Road, Blackpool, Lancashire, FY42
£70004/240.41 miMoon Avenue, Blackpool, FY1 6EH2
£65001/250.43 mi-2
£65003/250.43 mi-2
£80012/240.43 mi-2
£1,25004/240.46 mi-2
£67504/240.48 miTruro Street, Blackpool, Lancashire, FY42
£60010/230.5 miLonsdale Road, Blackpool2
£59505/240.52 mi-2
£59504/240.52 miHarcourt Road, Blackpool, FY42
£65005/240.53 miCentral Drive, Blackpool2
£70005/240.53 miCentral Drive, Blackpool2
£70004/240.54 miFrederick Street, Blackpool2

Local Area Statistics

Population in FY4

43,982

Population in Blackpool

133,713

Town centre distance

2.15 miles away

Nearest school

0.30 miles away

Nearest train station

0.14 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+58%

Sales demand

Balanced market

Capital growth (5yrs)

+12%

Property History

Price changed to £70,000

January 31, 2025

Listed for £80,000

December 2, 2024

Sold for £64,380

2012

Sold for £32,500

1997

Floor Plans

Description

  • GOOD SIZE TWO BEDROOM HOUSE IN NEED OF SOME TLC THROUGHOUT +
  • Gas Central Heating, Single Garage To The Rear, Close To The Promenade +
  • EPC Rating(awaiting details), Council Tax Band A, VIEWING ESSENTIAL! +

GOOD SIZE TWO BEDROOM HOUSE IN NEED OF SOME TLC THROUGHOUT, Gas Central Heating, Single Garage To The Rear, Close To The Promenade, EPC Rating(awaiting details), Council Tax Band A, VIEWING ESSENTIAL!

Porch
Entrance door to the front, vinyl flooring.

Hallway
Entrance door, radiator, coved ceiling, carpet.

Lounge - 12'6" (3.81m) x 11'3" (3.43m)
Double glazed windows to the front, radiator, fireplace with electric fire, telephone and television points, coved ceiling, carpet.

Dining Room - 13'0" (3.96m) x 11'8" (3.56m)
Window to the rear, radiator, telephone and television points, coved ceiling, carpet.

Kitchen - 15'2" (4.62m) x 8'0" (2.44m)
Door and windows to the side and window to the rear, radiator, fitted kitchen with wall and base units with work surface, single bowl sink unit, built in gas hob, space for a washing machine, tumble dryer, fridge/freezer and oven, wall and floor tiling.

Landing
Access to loft, coved ceiling, carpet.

Bedroom One - 15'0" (4.57m) x 12'7" (3.84m)
Double glazed windows to the front, radiator, pedestal wash hand basin, fitted wardrobes, coved ceiling, carpet.

Bedroom Two - 12'6" (3.81m) x 9'1" (2.77m)
Window to the rear, radiator, pedestal wash hand basin, coved ceiling, carpet.

Bathroom - 8'0" (2.44m) x 7'1" (2.16m)
Window to the side, radiator, bathroom suite comprising: Panelled bath with electric shower over, pedestal wash hand basin and close coupled W.C, wall tiling, carpet.

Rear Garden
Low maintenance paved area, outside W.C, rear access.

Garage
Single garage to the rear with power and up and over door

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Agent Details

Christie King Estate Agents, Blackpool

01253 835352

Next Steps?

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