2 Bed Semi-Detached House, Refurb/BRRR, Poulton-le-Fylde, FY6 8HR, £125,000

No. 13, Oldfield Crescent, Poulton-le-Fylde, Lancs FY6 8HR - 6 views - 4 months ago

Sold STC
Refurb/BRRR
ROI: 3%
~68 m²
+18 photos

ValuationUndervalued

Sold Prices£114.5K - £387.5K
Sold Prices/m²£1.1K/m² - £4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.8K/m²

Value Estimate

£134,300

 

 

End Value (After Refurb)

£135,908

Uplift in Value

+1%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£31,250

Stamp Duty & Legal Fees

£5,250

Refurb Costs

£27,660

Bridging Loan Interest

£3,281

Total Cash In

£69,191

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£135,908

Mortgage (After Refinance)

£101,931

Mortgage LTV

75%

Cash Released

£8,181

Cash Left In

£61,010

Equity

£33,977

Rent Range

£650 - £1,350

Rent Estimate

£761

Running Costs/mo

£597

Cashflow/mo

£164

Cashflow/yr

£1,969

ROI

3%

Gross Yield

7%

Local Sold Prices

50 sold prices from £114.5K to £387.5K, average is £157.3K. £1.1K/m² to £4K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£125K09/230 mi16, Oldfield Crescent, Poulton-le-fylde, Lancashire FY6 8HR2
£128K11/220.03 mi6, Carr Close, Poulton-le-fylde, Lancashire FY6 8HY2
£150K03/230.12 mi28, Broadfield Avenue, Poulton-le-fylde, Lancashire FY6 8HT2
£215K06/230.12 mi21, Broadfield Avenue, Poulton-le-fylde, Lancashire FY6 8HT2
£137K12/200.13 mi31, Lower Green, Poulton-le-fylde, Lancashire FY6 7EJ2
£130K03/210.13 mi29, Lower Green, Poulton-le-fylde, Lancashire FY6 7EJ2
£114.5K05/210.13 mi9, Brockholes Crescent, Poulton-le-fylde, Lancashire FY6 8HX2
£123K03/210.14 mi6, Curzon Road, Poulton-le-fylde, Lancashire FY6 7EL2
£133K12/220.14 mi21, Curzon Road, Poulton-le-fylde, Lancashire FY6 7EL2
£157.5K09/230.14 mi29, Curzon Road, Poulton-le-fylde, Lancashire FY6 7EL2
£135K11/220.14 mi9, Curzon Road, Poulton-le-fylde, Lancashire FY6 7EL2
£135K08/220.14 mi13, Curzon Road, Poulton-le-fylde, Lancashire FY6 7EL2
£140K08/220.15 mi8, Westwood Avenue, Poulton-le-fylde, Lancashire FY6 7EN2
£125K11/220.16 mi2, Westwood Avenue, Poulton-le-fylde, Lancashire FY6 7EN2
£150K04/230.17 mi94, Holts Lane, Poulton-le-fylde, Lancashire FY6 8HW2
£139K09/230.19 mi2, Regents Terrace, Poulton-le-fylde, Lancashire FY6 7JN2
£121K08/210.19 mi5, Regents Terrace, Poulton-le-fylde, Lancashire FY6 7JN2
£133K10/220.19 mi1, Regents Terrace, Poulton-le-fylde, Lancashire FY6 7JN2
£150K05/210.2 mi95, Garden Close, Poulton-le-fylde, Lancashire FY6 7WG2
£170K11/200.22 mi13, Hayfield Avenue, Poulton-le-fylde, Lancashire FY6 7JH2
£189.9K05/230.22 mi12, Hayfield Avenue, Poulton-le-fylde, Lancashire FY6 7JH2
£128K03/210.24 mi38, Sheringham Way, Poulton-le-fylde, Lancashire FY6 7EE2
£157K08/210.27 mi36, Station Road, Poulton-le-fylde, Lancashire FY6 7JQ2
£165K06/210.27 mi61, Station Road, Poulton-le-fylde, Lancashire FY6 7JQ2
£165K03/210.27 mi65, Station Road, Poulton-le-fylde, Lancashire FY6 7JQ2
£158K04/210.27 mi44, Station Road, Poulton-le-fylde, Lancashire FY6 7JQ2
£375K12/200.28 mi31, Low Cross Road, Poulton-le-fylde, Lancashire FY6 8EA2
£372.5K10/230.33 mi166, Garstang Road East, Poulton-le-fylde, Lancashire FY6 7SY2
£225K03/210.34 mi58, Carr Head Lane, Poulton-le-fylde, Lancashire FY6 8EG2
£223.5K09/210.37 mi4, Grange Gardens, Poulton-le-fylde, Lancashire FY6 8AS2
£168K12/200.41 mi43, Hardhorn Road, Poulton-le-fylde, Lancashire FY6 7SR2
£230K12/200.46 mi8, Alder Grove, Poulton-le-fylde, Lancashire FY6 8EH2
£240K02/230.47 mi31, Lindsay Avenue, Poulton-le-fylde, Lancashire FY6 8BQ2
£365K09/230.48 mi5, The Spinney, Poulton-le-fylde, Lancashire FY6 7EZ2
£320K04/210.5 mi46, Lindsay Avenue, Poulton-le-fylde, Lancashire FY6 8BQ2
£260K10/230.5 mi47, Lindsay Avenue, Poulton-le-fylde, Lancashire FY6 8BQ2
£286K10/210.5 mi4, Brockway, Poulton-le-fylde, Lancashire FY6 8AB2
£195K06/230.53 mi9, St Chads Close, Poulton-le-fylde, Lancashire FY6 8AJ2
£325K01/210.53 mi26, Rydal Avenue, Poulton-le-fylde, Lancashire FY6 7DJ2
£387.5K12/200.53 mi32, Rydal Avenue, Poulton-le-fylde, Lancashire FY6 7DJ2
£260K12/200.53 mi1, Rydal Avenue, Poulton-le-fylde, Lancashire FY6 7DJ2
£156K12/220.55 mi46, Tithebarn Street, Poulton-le-fylde, Lancashire FY6 7BX2
£195K02/210.55 mi4, Fylde View Close, Poulton-le-fylde, Lancashire FY6 8AH2
£115K01/210.56 mi21, Hodder Way, Poulton-le-fylde, Lancashire FY6 8AQ2
£202.5K11/200.56 mi29, Hodder Way, Poulton-le-fylde, Lancashire FY6 8AQ2
£240K04/230.58 mi12, Northwood Way, Poulton-le-fylde, Lancashire FY6 8AF2
£144K06/230.59 mi15, Longfield Place, Poulton-le-fylde, Lancashire FY6 7DB2
£132K04/210.59 mi5, Longfield Place, Poulton-le-fylde, Lancashire FY6 7DB2
£133K12/200.59 mi18, Longfield Place, Poulton-le-fylde, Lancashire FY6 7DB2
£120K12/220.59 mi7, Longfield Place, Poulton-le-fylde, Lancashire FY6 7DB2

Local Rents

32 rents from £650/mo to £1.4K/mo, average is £763/mo.

RentDateDistanceAddressBeds 
£67504/240.03 miCarr Close, Poulton-Le-Fylde, Lancashire, FY62
£69504/240.09 miArgyle Road,Poulton-Le-Fylde,FY62
£72504/240.09 miArgyle Road,Poulton-Le-Fylde,FY62
£65004/240.09 miPLEASE TELEPHONE FOR VIEWNGS - Main Drive, Poulton-Le-Fylde, FY6 8HZ2
£85004/240.12 miBroadfield Avenue, Poulton-Le-Fylde, Lancashire, FY62
£67504/240.13 miPLEASE TELEPHONE FOR VIEWINGS - Curzon Road, Poulton-Le-Fylde2
£77512/240.15 miWestwood Avenue, Poulton-Le-Fylde, Lancashire, FY62
£85012/240.2 mi-2
£85003/250.2 mi-2
£85004/250.2 mi-2
£95004/240.2 mi-2
£85003/250.22 mi-2
£89504/240.26 mi-2
£75012/240.26 miWindsor Court, Poulton-Le-Fylde2
£77504/240.26 miWindsor Court, Poulton-Le-Fylde, Lancashire, FY62
£69512/240.33 miHigher Green, Poulton-Le-Fylde, Lancashire, FY62
£80012/240.39 mi-2
£77512/240.39 mi-2
£75004/240.39 miStocks Court, Poulton-le-Fylde2
£69512/240.39 miHardhorn Court, Poulton-Le-Fylde, Lancashire, FY62
£77512/240.41 miPLEASE TELEPHONE FOR VIEWINGS = Hardhorn Road, Poulton-Le-Fylde2
£65002/240.43 mi-2
£75012/240.43 miStation Road, Poulton-Le-Fylde, Lancashire, FY62
£72504/240.45 miMarket Place, Poulton-Le-Fylde, Lancashire, FY62
£75012/240.45 miVictoria Road, Poulton-Le-Fylde, Lancashire, FY62
£80001/250.48 mi-2
£75002/250.48 mi-2
£75004/240.49 miStation Road, Poulton-Le-Fylde, Lancashire, FY62
£87511/230.5 mi-2
£1,35003/250.53 mi-2
£77504/240.59 miChurch Mansions, Chester Avenue, Poulton Le Fylde, FY6 7WJ2
£72504/240.6 miChurch Mansions, Chester Avenue, Poulton Le Fylde2

Local Area Statistics

Population in FY6

27,751

Town centre distance

0.03 miles away

Nearest school

0.20 miles away

Nearest train station

0.47 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

-9%

Sales demand

Buyer's market

Capital growth (5yrs)

+12%

Property History

Price changed to £125,000

January 11, 2025

Listed for £135,000

December 14, 2024

Floor Plans

Description

  • Semi-detached two bedroom family home in quiet residential P.L.F. location +
  • TWO SPACIOUS double bedrooms +
  • Catchment area for HIGHLY RATED primary and secondary schools +
  • *** SUPERB DEVELOPMENT OPPORTUNITY *** +
  • EASY walking distance from all P.L.F. town centre amenities +
  • *** NO ONWARD CHAIN *** +
  • Substantial private garden to rear +
  • EARLY VIEWING ESSENTIAL +

Welcome To

No. 13, Oldfield Crescent,
Poulton-le-Fylde.

Property At A Glance

Semi-detached two bedroom family home in enviable quiet residential location.

Featuring TWO SPACIOUS double bedrooms, generously proportioned lounge, kitchen,
utilities room and shower room suite with substantial private garden to rear.

The property requires significant levels of modernisation and presents and OUTSTANDING
DEVELOPMENT OPPORTUNITY with EXCELLENT potential.

Located in quiet residential location around five minutes stroll from local shops and transport links 
and only five minutes further from all remaining Poulton-le-Fylde town centre amenities to include 
shops and cafes, bustling night scene with many popular bars and restaurants, supermarkets, salons, 
recreational parks, leisure facilities, HIGHLY RATED primary AND secondary schools and direct 
rail links across the country.

EARLY VIEWING HIGHLY RECOMMENDED

Call - to view.

Agent Details

Royle Estate Agents, Poulton-Le-Fylde

01253 835630

Next Steps?

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