5 Bed Semi-Detached House, Refurb/BRRR, Blackpool, FY3 0DF, £275,000

No. 78, Chain Lane, Staining, Lancs FY3 0DF - 4 views - 4 months ago

Refurb/BRRR

~178 m²

+31 photos

ValuationUndervalued

Sold Prices	£159.9K - £735K
Sold Prices/m²	£1.1K/m² - £3.4K/m²

Square Metres	~178.28 m²
Price/m²	£1.5K/m²
Value Estimate	£319,313£319,313
BMV	1%

End Value (After Refurb)	£346,257£346,257
Uplift in Value	+10%+10%

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£68,750£68,750
Stamp Duty & Legal Fees	£13,900£13,900
Refurb Costs	£72,826£72,826
Bridging Loan Interest	£7,219£7,219
Total Cash In	£164,445£164,445

Cash Out
Monetisation	FlipRefinance & RentRefinance & Rent
Revaluation	£346,257£346,257
Mortgage (After Refinance)	£259,693£259,693
Mortgage LTV	75%75%
Cash Released	£53,443£53,443
Cash Left In	£111,002£111,002
Equity	£86,564£86,564
Rent Range	£475 - £1,600£475 - £1,600
Rent Estimate	£813
Running Costs/mo	£1,265£1,265
Cashflow/mo	£-452£-452
Cashflow/yr	£-5,420£-5,420
Gross Yield	4%4%

Local Sold Prices

23 sold prices from £159.9K to £735K, average is £315K. £1.1K/m² to £3.4K/m², average is £2.1K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£480K	05/23	0.01 mi	80, Chain Lane, Staining, Blackpool, Lancashire FY3 0DF	-	-	5	Detached House
£320K	07/22	0.33 mi	4, Kings Close, Staining, Blackpool, Lancashire FY3 0EJ	£3,048	105	5	Detached House
£425K	03/23	0.33 mi	2, Kings Close, Staining, Blackpool, Lancashire FY3 0EJ	-	-	5	Detached House
£253K	10/20	0.52 mi	10, Windmill Close, Staining, Blackpool, Lancashire FY3 0EB	£1,946	130	5	Detached House
£499.9K	06/21	1.27 mi	11, Linderbreck Lane, Poulton-le-fylde, Lancashire FY6 8FJ	£2,304	217	5	Detached House
£370K	09/22	1.31 mi	41, Plovers Way, Blackpool FY3 8FD	£2,202	168	5	Detached House
£305K	03/21	1.31 mi	69, Heron Way, Blackpool FY3 8FA	£1,160	263	5	Detached House
£305K	03/21	1.31 mi	69, Heron Way, Blackpool FY3 8FA	£1,160	263	5	Detached House
£385K	11/22	1.39 mi	191, Normoss Road, Blackpool, Lancashire FY3 8QN	£1,878	205	5	Detached House
£735K	04/21	1.42 mi	304, Hardhorn Road, Poulton-le-fylde, Lancashire FY6 8DW	£3,168	232	5	Detached House
£315K	06/21	1.44 mi	9, High Cross Avenue, Poulton-le-fylde, Lancashire FY6 8BY	£2,283	138	5	Detached House
£159.9K	03/21	1.52 mi	22, Ravenswood Avenue, Blackpool, Lancashire FY3 7SJ	-	-	5	Semi-Detached House
£270K	03/23	1.54 mi	246, Newton Drive, Blackpool FY3 8NX	£1,308	206	5	Detached House
£179K	06/21	1.56 mi	31, Cherry Tree Road, Blackpool FY4 4NS	£1,053	170	5	Detached House
£735K	10/21	1.61 mi	2, Little Coppins Lane, Poulton-le-fylde, Lancashire FY6 8FL	£3,394	217	5	Detached House
£305K	01/21	1.75 mi	The Oaks, Preston New Road, Blackpool, Lancashire FY4 5JR	-	-	5	Semi-Detached House
£345K	01/23	1.83 mi	22, Highcross Road, Poulton-le-fylde, Lancashire FY6 8BA	-	-	5	Semi-Detached House
£305K	12/22	1.88 mi	161, St Walburgas Road, Blackpool FY3 7EY	-	-	5	Detached House
£525K	12/20	1.91 mi	98, West Park Drive, Blackpool FY3 9HU	£2,143	245	5	Detached House
£520K	12/22	1.92 mi	31, North Park Drive, Blackpool FY3 8LR	£2,374	219	5	Detached House
£292.5K	03/21	1.94 mi	22, Kenwyn Avenue, Blackpool FY3 9HR	£1,741	168	5	Semi-Detached House
£251K	12/22	1.96 mi	9, Elmslie Gardens, Blackpool FY3 9FY	£1,846	136	5	Terraced House
£160K	06/21	1.98 mi	4, West Park Drive, Blackpool FY3 9DN	£3,333	48	5	Semi-Detached House

Local Rents

50 rents from £475/mo to £1.6K/mo, average is £725/mo.

Rent	Date	Distance	Address	Beds	Type
£850	04/24	0.59 mi	-	2	Bungalow
£1,350	04/24	0.79 mi	Cardwell Close, Lancashire, FY4	4	Detached House
£850	04/24	0.83 mi	Mythop Road, Blackpool, Lancashire, FY4	3	Detached House
£720	04/24	0.87 mi	Mythop Court, Blackpool, FY4	2	Flat
£1,500	02/24	0.87 mi	-	3	Detached House
£650	04/24	0.89 mi	Mythop Road, Blackpool, Lancashire, FY4	2	Flat
£850	04/24	0.97 mi	Winster Place Blackpool FY4 4SJ	3	Detached House
£700	04/24	1.03 mi	Kentmere Drive, Blackpool	3	Terraced House
£540	04/24	1.04 mi	Garfield Court, Elterwater Place, Blackpool, FY3 9UH	2	Flat
£625	01/24	1.07 mi	-	2	Flat
£775	05/24	1.09 mi	Rusland Avenue, Blackpool, Lancashire, FY4	3	Terraced House
£850	04/24	1.13 mi	49 Clifton Avenue	2	Bungalow
£725	04/24	1.15 mi	Camborne Court, Blackpool, FY3 9NS	2	Terraced House
£800	04/24	1.19 mi	Shaftesbury Avenue, Staining, Blackpool	3	House
£725	05/24	1.19 mi	Greenfinch Court, Blackpool	2	House
£735	04/25	1.22 mi	-	3	Terraced House
£550	05/24	1.22 mi	-	1	Flat
£650	04/24	1.23 mi	Schofield Avenue, Blackpool, FY3 8QD	2	Flat
£750	04/24	1.23 mi	Schofield Avenue, Blackpool, FY3 8QD	3	House
£710	04/24	1.24 mi	Dalkeith Avenue, Blackpool	2	House
£725	04/24	1.24 mi	Quernmore Avenue, Blackpool, FY3 9SU	2	House
£550	04/24	1.25 mi	22 Cleves Court, Dalkeith Avenue, Blackpool	1	Flat
£1,600	12/24	1.27 mi	Linderbreck Lane, Poulton-Le-Fylde, Lancashire, FY6	5	Detached House
£475	04/24	1.28 mi	-	1	Flat
£475	04/24	1.28 mi	Boleyn Court, Dalkeith Avenue, FY3 9SA	1	Flat
£695	02/24	1.29 mi	-	2	Terraced House
£1,475	04/24	1.32 mi	Levens Close, Poulton-Le-Fylde, Lancashire, FY6	4	Detached House
£695	05/24	1.35 mi	-	2	Flat
£695	04/24	1.35 mi	Dove Tree Court, Blackpool, FY4	2	Flat
£645	03/25	1.35 mi	-	1	Flat
£695	02/25	1.36 mi	-	2	Flat
£695	02/25	1.36 mi	-	2	Flat
£675	04/24	1.36 mi	-	2	Flat
£675	04/24	1.36 mi	Dove Tree Court, Blackpool, FY4	2	Flat
£1,350	12/24	1.36 mi	-	3	Detached House
£675	04/25	1.39 mi	-	2	Flat
£770	11/24	1.39 mi	-	2	Terraced House
£725	04/24	1.4 mi	Bideford Avenue, Herons Reach Area, Blackpool	2	Flat
£800	04/24	1.43 mi	Burwood Drive, FY3 8NS	3	Semi-Detached House
£675	04/24	1.43 mi	15 Newton Drive East, Blackpool, Lancashire, FY3	1	Flat
£600	04/24	1.44 mi	Clifton Road, Blackpool	2	Flat
£1,150	04/24	1.46 mi	Windsor Road, Blackpool	3	Semi-Detached House
£750	04/24	1.48 mi	Truno Close, Blackpool, Lancashire, FY3	2	Flat
£800	12/23	1.51 mi	-	3	Semi-Detached House
£820	03/25	1.53 mi	-	2	Flat
£820	04/25	1.53 mi	-	2	Flat
£800	02/24	1.53 mi	-	2	Flat
£695	04/24	1.55 mi	Newton Drive, Blackpool	2	Flat
£1,100	03/25	1.55 mi	-	3	Semi-Detached House
£620	04/24	1.65 mi	June Avenue, Blackpool	2	Flat

Local Area Statistics

Population in FY3	31,56931,569
Population in Blackpool	133,713133,713
Town centre distance	1.14 miles away1.14 miles away
Nearest school	0.50 miles away0.50 miles away
Nearest train station	2.45 miles away2.45 miles away

Rental demand	Tenant's marketTenant's market
Rental growth (12m)	+2%+2%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+15%+15%

Property History

Price changed to £275,000

March 8, 2025

Price changed to £299,950

February 4, 2025

Listed for £315,000

December 2, 2024

Floor Plans

Description

Detached five bedroom family home in discrete and well connected location +
Versatile layout offering up to five en-suite double bedrooms +
Spacious first floor living space open to kitchen +
*** NO ONWARD CHAIN *** +
HUGE DEVELOPMENT POTENTIAL +
Neatly landscaped low maintenance private garden to rear +
Off road parking for MULTIPLE vehicles +
EARLY VIEWING HIGHLY RECOMMENDED +

Welcome To

No. 78, Chain Lane,
Staining.

Property At A Glance

Detached five bedroom family home in HIGHLY DESIRABLE and well connected rural village location.

This deceptively spacious property boast a versatile layout, currently utilised as FIVE en-suite double
bedrooms, SPACIOUS first floor lounge open to modern fitted kitchen, ground floor reception room,
utilities space, SIX bathroom suites, neatly landscaped low maintenance private garden to rear
and off road parking for multiple vehicles.

Though generally well maintained the property would benefit from a significant re-adjustment and modernisation to
turn it back into a STUNNING FAMILY HOME IN SUPER CONVENIENT LOCATION.

Located on the outskirts of the rural village of Staining, close to highly rated golf club, bar and cafe
and only a five minute walk from all remaining village centre amenities to include shops, cafes,
popular pub and eatery, takeaways and transport links across the Fylde Coast and beyond.
Motorway network and larger shopping centres of Poulton-le-Fylde and Blackpool can be
accessed in less than 10 minutes drive.

* A UNIQUE OPPORTUNITY *

EARLY VIEWING ESSENTIAL

Call - to view.

Agent Details

Royle Estate Agents, Poulton-Le-Fylde

01253 835630

Next Steps?

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