2 Bed Terraced House, Single Let, Blackpool, FY1 5PP, £80,000

Levens Grove, Blackpool, Lancashire, FY1 5PP - 2 views - 3 months ago

Auction

BTL

ROI: 7%

~68 m²

+6 photos

ValuationFair Value

Sold Prices	£50K - £220.2K
Sold Prices/m²	£604/m² - £2.1K/m²

Square Metres	~68.11 m²
Price/m²	£1.2K/m²
Value Estimate	£81,043£81,043

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£20,000£20,000
Stamp Duty & Legal Fees	£3,600£3,600
Total Cash In	£23,600£23,600

Cash Out
Rent Range	£433 - £1,250£433 - £1,250
Rent Estimate	£503
Running Costs/mo	£371£371
Cashflow/mo	£132£132
Cashflow/yr	£1,589£1,589
ROI	7%7%
Gross Yield	8%8%

Local Sold Prices

50 sold prices from £50K to £220.2K, average is £90K. £604/m² to £2.1K/m², average is £1.2K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£88K	08/21	0.16 mi	68, Lune Grove, Blackpool FY1 5PH	£960	92	2	Terraced House
£54K	12/20	0.18 mi	5, Revoe Street, Blackpool FY1 5HN	£621	87	2	Semi-Detached House
£50K	08/23	0.18 mi	66, Sharow Grove, Blackpool FY1 5ND	£685	73	2	Terraced House
£63.5K	11/20	0.24 mi	73, Ashton Road, Blackpool FY1 4AG	£882	72	2	Terraced House
£64K	03/21	0.24 mi	21, Henry Street, Blackpool FY1 5JG	£604	106	2	Terraced House
£65K	05/23	0.25 mi	52, Ashton Road, Blackpool FY1 4AQ	£691	94	2	Terraced House
£90K	01/21	0.26 mi	76, Cunliffe Road, Blackpool FY1 6RY	-	-	2	Terraced House
£50K	01/21	0.28 mi	135, Ashton Road, Blackpool FY1 4AF	£735	68	2	Terraced House
£62.5K	12/20	0.28 mi	19, Jameson Street, Blackpool FY1 4AJ	£933	67	2	Terraced House
£94K	01/23	0.28 mi	91, Cunliffe Road, Blackpool FY1 6RX	£1,190	79	2	Terraced House
£80K	06/21	0.29 mi	3, Brecon Close, Blackpool FY1 5AY	£1,429	56	2	Terraced House
£51K	12/20	0.3 mi	19, Freckleton Street, Blackpool FY1 4AW	-	-	2	Terraced House
£67.5K	06/23	0.3 mi	31, Montrose Avenue, Blackpool FY1 4AS	£1,125	60	2	Terraced House
£135K	03/23	0.33 mi	17, Stoke Avenue, Blackpool FY1 6QB	£780	173	2	Terraced House
£93K	08/21	0.35 mi	189, Cunliffe Road, Blackpool FY1 6RU	-	-	2	Terraced House
£97.2K	11/20	0.35 mi	244, Cunliffe Road, Blackpool FY1 6RU	£1,224	79	2	Semi-Detached House
£90K	10/21	0.35 mi	27, Beardshaw Avenue, Blackpool FY1 6QA	£1,290	70	2	Terraced House
£76K	12/20	0.36 mi	28, Seymour Road, Blackpool FY1 6JH	£874	87	2	Terraced House
£215K	01/23	0.37 mi	1a, Somerset Avenue, Blackpool FY1 5QU	-	-	2	Detached House
£130K	10/20	0.37 mi	27, Salisbury Road, Blackpool FY1 5QJ	£1,733	75	2	Semi-Detached House
£143K	10/20	0.39 mi	53, Greenwood Avenue, Blackpool FY1 6RQ	£2,134	67	2	Semi-Detached House
£120K	07/21	0.4 mi	89, Dunelt Road, Blackpool FY1 6LT	-	-	2	Semi-Detached House
£65K	07/23	0.4 mi	59, Ribble Road, Blackpool FY1 4AA	£613	106	2	Terraced House
£124K	08/21	0.4 mi	13, Harlech Avenue, Blackpool FY1 6ND	£1,676	74	2	Semi-Detached House
£128K	07/21	0.41 mi	26, Westfield Road, Blackpool FY1 6NY	£1,900	67	2	Semi-Detached House
£73.5K	01/21	0.42 mi	9, Moon Avenue, Blackpool FY1 6EH	£1,131	65	2	Terraced House
£142K	03/23	0.43 mi	10, Lunedale Avenue, Blackpool FY1 6LL	£1,797	79	2	Terraced House
£71K	06/21	0.43 mi	30a, Kent Road, Blackpool FY1 5HB	£807	88	2	Terraced House
£60K	01/21	0.44 mi	4, Amberbanks Grove, Blackpool FY1 6DW	£698	86	2	Terraced House
£72K	05/23	0.44 mi	8, Amberbanks Grove, Blackpool FY1 6DW	-	-	2	Terraced House
£120K	04/22	0.46 mi	72a, Saville Road, Blackpool FY1 6JT	£1,364	88	2	Detached House
£170K	12/20	0.47 mi	14, Greenwood Avenue, Blackpool FY1 6RF	£1,828	93	2	Detached House
£110K	04/21	0.48 mi	28, Lightbown Avenue, Blackpool FY3 9JN	£1,659	66	2	Terraced House
£104K	10/21	0.48 mi	10, Lightbown Avenue, Blackpool FY3 9JN	£1,573	66	2	Terraced House
£80K	05/23	0.48 mi	12, Lightbown Avenue, Blackpool FY3 9JN	£1,212	66	2	Terraced House
£100K	06/21	0.48 mi	8, Lightbown Avenue, Blackpool FY3 9JN	£1,493	67	2	Terraced House
£76.5K	08/21	0.49 mi	44, Portland Road, Blackpool FY1 4EF	£1,077	71	2	Terraced House
£75K	12/20	0.49 mi	72, Portland Road, Blackpool FY1 4EF	£915	82	2	Terraced House
£73K	04/21	0.51 mi	63, Alexandra Road, Blackpool FY1 6HW	£613	119	2	Semi-Detached House
£115K	06/21	0.54 mi	48, Airedale Avenue, Blackpool FY3 9LH	£1,642	70	2	Terraced House
£105K	04/21	0.57 mi	31, Lindsay Avenue, Blackpool FY3 9LD	£1,400	75	2	Terraced House
£133K	01/23	0.57 mi	57, Lindsay Avenue, Blackpool FY3 9LD	£1,773	75	2	Semi-Detached House
£220.2K	08/21	0.57 mi	349, Whitegate Drive, Blackpool FY3 9PH	£1,385	159	2	Semi-Detached House
£75K	10/21	0.58 mi	26, Gladstone Street, Blackpool FY4 2AL	£824	91	2	Terraced House
£100K	10/21	0.58 mi	5, Latham Avenue, Blackpool FY3 9PP	£1,176	85	2	Semi-Detached House
£115K	11/20	0.58 mi	12, Marton Drive, Blackpool FY4 3DQ	£1,250	92	2	Semi-Detached House
£85K	10/21	0.59 mi	12, Preston Old Road, Blackpool FY3 9PL	£1,650	52	2	Terraced House
£110K	11/22	0.59 mi	64a, Preston Old Road, Blackpool FY3 9PL	£1,690	65	2	Semi-Detached House
£141.5K	01/23	0.59 mi	57, Chislehurst Avenue, Blackpool FY4 3AS	-	-	2	Semi-Detached House
£60K	12/20	0.6 mi	1, Truro Street, Blackpool FY4 3BJ	£690	87	2	Terraced House

Local Rents

51 rents from £433/mo to £1.3K/mo, average is £700/mo.

Rent	Date	Distance	Address	Beds	Type
£670	04/24	0.01 mi	Grasmere Road, Blackpool	2	Flat
£600	04/24	0.11 mi	-	2	Flat
£433	04/24	0.16 mi	-	2	Flat
£625	03/25	0.19 mi	-	2	Flat
£650	05/24	0.21 mi	Central Drive, Blackpool	2	Flat
£700	05/24	0.21 mi	Central Drive, Blackpool	2	Flat
£700	04/24	0.22 mi	Westmorland Avenue, Blackpool	2	Terraced House
£900	04/24	0.25 mi	Ashton Road,Blackpool,FY1	2	Flat
£625	04/24	0.28 mi	Ashton Road, Blackpool	2	Terraced House
£595	02/25	0.28 mi	-	2	Terraced House
£450	04/24	0.31 mi	Flat 5, Central Drive, Blackpool, FY1 5JN	2	Flat
£675	04/24	0.33 mi	Anderson Street, Blackpool, FY1	2	Terraced House
£625	04/24	0.33 mi	Somerset Court, Blackpool, Lancashire, FY1	2	Flat
£780	04/24	0.35 mi	Cunliffe Road, Blackpool, Lancashire, FY1	2	Terraced House
£600	05/24	0.38 mi	St. Heliers Road, Blackpool, FY1 6JE	2	Flat
£520	01/25	0.39 mi	-	2	Flat
£725	04/24	0.41 mi	Whitegate Drive, Blackpool, FY3	2	Flat
£725	04/24	0.41 mi	-	2	Flat
£695	05/24	0.41 mi	-	2	Flat
£695	05/24	0.41 mi	-	2	Flat
£695	05/24	0.41 mi	Whitegate Drive, Blackpool, FY3	2	Flat
£600	10/23	0.41 mi	Lonsdale Road, Blackpool	2	Flat
£700	04/24	0.42 mi	Moon Avenue, Blackpool, FY1 6EH	2	Terraced House
£950	04/24	0.42 mi	-	2	Flat
£850	04/24	0.42 mi	-	2	Flat
£650	01/25	0.44 mi	-	2	Flat
£650	04/25	0.44 mi	-	2	Flat
£800	12/24	0.44 mi	-	2	Flat
£695	04/24	0.44 mi	Amberbanks Grove, Blackpool	2	Terraced House
£995	04/24	0.45 mi	-	2	Flat
£795	12/24	0.45 mi	-	2	Flat
£850	04/24	0.46 mi	Whitegate Drive, Blackpool, Lancashire, FY3	2	Flat
£1,250	04/24	0.47 mi	-	2	Terraced House
£625	04/24	0.48 mi	St Heliers Road, Blackpool	2	Flat
£875	04/25	0.48 mi	-	2	Flat
£850	12/24	0.48 mi	-	2	Flat
£850	04/25	0.48 mi	-	2	Flat
£685	12/24	0.48 mi	-	2	Flat
£700	04/24	0.49 mi	Back Palatine Road, Blackpool, FY1 4DA	2	Detached House
£850	02/25	0.49 mi	-	2	Terraced House
£563	04/24	0.49 mi	Portland Road, Blackpool, FY1 4EF	2	Terraced House
£850	05/24	0.5 mi	Clare Street, Blackpool, FY1	2	Flat
£850	05/24	0.5 mi	-	2	Flat
£825	03/25	0.5 mi	-	2	Flat
£800	12/24	0.5 mi	-	2	Flat
£750	04/24	0.5 mi	Coop Street, Blackpool, FY1 5AJ	2	Flat
£850	03/25	0.5 mi	-	2	Flat
£680	04/24	0.51 mi	Lytham Road, Blackpool	2	Flat
£720	04/24	0.51 mi	Lytham Road, Blackpool	2	Flat
£650	03/25	0.51 mi	-	2	Flat
£850	02/24	0.51 mi	-	2	Flat

Local Area Statistics

Population in FY1	33,50533,505
Population in Blackpool	133,713133,713
Town centre distance	1.46 miles away1.46 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.66 miles away0.66 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+26%+26%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+11%+11%

Property History

Listed for £80,000

December 27, 2024

Sold for £46,000

2002

Description

Investment Property +
Currently Let at £8,400 pa +
Occasional Room in loft +
Central Blackpool +

FOR SALE BY AUCTION

Behalf of Pattinson Auctions Kenricks are pleased to offer this

2 Bedroom Mid Terraced Residential Property for sale with occasional room in the loft.

The substantial house is situated in the residential location of Levens Grove in Central Blackpool, being close to shops and amenities.

The house is in lovely order throughout having been well decorated and maintained, with outdoor space and decking area to the rear of the property.

The property is currently let to lovely tenants on a shorthold tenancy agreement at a monthly rent of £700.

Viewing Highly Recommended

Council Tax Band: A
Tenure: Freehold

Agent Details

Pattinson Estate Agents, Auction

0191 625 0242

Next Steps?

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

Similar Properties

Like this property? Maybe you'll like these ones close by too.

Under Offer

3 Bed House, Single Let, Blackpool, FY1 5PR

£105,000

8 views • 6 months ago • 59 m²

Auction

2 Bed House, Single Let, Blackpool, FY1 5PP

£80,000

1 views • 3 months ago • 68 m²

Sold STC

3 Bed House, Single Let, Blackpool, FY1 5PP

£69,995

a month ago • 93 m²

Under Offer

4 Bed House, Single Let, Blackpool, FY1 5PN

£120,000

2 months ago • 162 m²