2 Bed Flat, Single Let, Blackpool, FY2 9PG, £99,950

Queens Court, Queens Promenade, Bispham, FY2 9PG - 9 views - 3 months ago

Leasehold
BTL
ROI: 5%
~68 m²
+5 photos

ValuationOvervalued

Sold Prices£59K - £247K
Sold Prices/m²£1K/m² - £2.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.5K/m²

Value Estimate

£89,706

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£24,988

Stamp Duty & Legal Fees

£4,199

Total Cash In

£29,186

 

 

Cash Out

 

Rent Range

£550 - £3,000

Rent Estimate

£553

Running Costs/mo

£443

Cashflow/mo

£110

Cashflow/yr

£1,321

ROI

5%

Gross Yield

7%

Local Sold Prices

32 sold prices from £59K to £247K, average is £83.8K. £1K/m² to £2.1K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£82.5K03/230.03 miFlat 29, Duchess Court, Queens Promenade, Bispham, Blackpool FY2 9PR2
£95K01/230.04 miFlat 16, Queens Court, Queens Promenade, Bispham, Blackpool FY2 9PG2
£80K10/200.04 miFlat 6, Queens Court, Queens Promenade, Blackpool FY2 9PG2
£72.5K10/200.04 miFlat 25, Queens Court, Queens Promenade, Bispham, Blackpool FY2 9PG2
£130K06/230.04 miFlat 12, Queens Court, Queens Promenade, Bispham, Blackpool FY2 9PG2
£97.5K09/220.05 miFlat 7, Anselm Court, Pembroke Avenue, Bispham, Blackpool FY2 9QD2
£73K05/230.07 miFlat 3, Lowther Court, Queens Promenade, Bispham, Blackpool FY2 9NY2
£90K03/210.1 miFlat 5, Pembroke Court, Queens Promenade, Blackpool FY2 9PY2
£80K11/210.1 miFlat 38, Pembroke Court, Queens Promenade, Blackpool FY2 9PY2
£75K10/220.1 miFlat 60, Pembroke Court, Queens Promenade, Bispham, Blackpool FY2 9PY2
£71K06/210.1 miFlat 24, Pembroke Court, Queens Promenade, Bispham, Blackpool FY2 9PY2
£85K03/210.1 miFlat 44, Pembroke Court, Queens Promenade, Blackpool FY2 9PY2
£77K04/230.1 miFlat 35, Pembroke Court, Queens Promenade, Bispham, Blackpool FY2 9PY2
£70.5K05/230.1 miFlat 27, Pembroke Court, Queens Promenade, Bispham, Blackpool FY2 9PY2
£65K04/230.1 miFlat 7, Pembroke Court, Queens Promenade, Bispham, Blackpool FY2 9PY2
£82K06/230.1 miFlat 21, Pembroke Court, Queens Promenade, Bispham, Blackpool FY2 9PY2
£76K01/230.1 miFlat 51, Pembroke Court, Queens Promenade, Bispham, Blackpool FY2 9PY2
£64K08/220.1 miFlat 33, Pembroke Court, Queens Promenade, Bispham, Blackpool FY2 9PY2
£118K02/210.3 miFlat 2, Bannister Court, Queens Promenade, Blackpool FY2 9LW2
£112.7K12/220.3 miFlat 4, Bannister Court, Queens Promenade, Bispham, Blackpool FY2 9LW2
£92K07/230.31 mi15a, Cavendish Road, Blackpool FY2 9JR2
£94K11/220.42 mi58e, Red Bank Road, Bispham, Blackpool FY2 9HR2
£90K12/220.42 miFlat 16, Hesketh Court, Queens Promenade, Bispham, Blackpool FY2 9JJ2
£247K10/210.5 mi59, Northgate, Bispham, Blackpool FY2 9LT2
£80K02/210.56 miFlat 4, Vine Court, Gosforth Road, Blackpool FY2 9UL2
£92K01/230.57 miFlat 5, Argyll Court, Argyll Road, Blackpool FY2 9UF2
£109K01/230.63 miFlat 16, Warbreck Court, Warbreck Hill Road, Blackpool FY2 9SR2
£94K07/230.63 miFlat 4, Warbreck Court, Warbreck Hill Road, Blackpool FY2 9SR2
£91.5K07/210.63 miFlat 1, Warbreck Court, Warbreck Hill Road, Blackpool FY2 9SR2
£97K03/230.63 miFlat 14, Warbreck Court, Warbreck Hill Road, Blackpool FY2 9SR2
£76K04/210.69 mi66, Sandhurst Avenue, Blackpool FY2 9EB2
£59K05/230.83 mi12a, Northfield Avenue, Blackpool FY1 2ND2

Local Rents

28 rents from £550/mo to £3K/mo, average is £725/mo.

RentDateDistanceAddressBeds 
£69002/250.03 mi-2
£62511/230.1 mi-2
£69505/240.1 mi-2
£69504/240.1 miPembroke Court, Blackpool, FY22
£75005/240.14 miAdmiral View, Bispham, Blackpool, FY22
£75001/250.14 mi-2
£75002/250.14 mi-2
£75004/250.14 mi-2
£69504/240.17 miQueens Promenade, Blackpool, Lancashire, FY22
£79504/240.18 mi162 Queens Promenade, Bispham, Blackpool2
£77504/240.22 miQueens Promenade, Blackpool2
£67504/240.27 miCavendish Road, Bispham, Blackpool2
£1,00004/240.33 mi-2
£1,20005/240.33 mi-2
£1,32501/250.33 mi-2
£1,25001/250.33 mi-2
£65004/240.38 miFlat 0, 20 Knowle Avenue, Blackpool,FY2 9RX2
£65004/240.41 mi-2
£55002/240.43 mi-2
£55002/250.43 mi-2
£70004/240.43 mi-2
£3,00005/240.45 mi-2
£3,00006/240.45 mi-2
£57504/240.47 miRed Bank Road, Blackpool, FY22
£62504/240.51 mi58 Cornwall Avenue2
£85002/250.52 mi-2
£55004/240.59 miWarbreck Drive, Blackpool, FY2 9SX2
£75012/240.59 mi-2

Local Area Statistics

Population in FY2

24,589

Population in Blackpool

133,713

Town centre distance

2.53 miles away

Nearest school

0.70 miles away

Nearest train station

1.08 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+50%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £99,950

January 11, 2025

Floor Plans

Description

  • TWO BEDROOM FIRST FLOOR FLAT WITH BALCONY +
  • Spacious Lounge, Kitchen, Fantastic Location Close To The Promenade +
  • EPC Rating C, Council Tax Band B, NO CHAIN +

TWO BEDROOM FIRST FLOOR FLAT WITH BALCONY, Spacious Lounge, Kitchen, Fantastic Location Close To The Promenade, EPC Rating C, Council Tax Band B, NO CHAIN

Communal Entrance Hall
Entrance doors to the front and rear, stairs leading to the first floor, store cupboard for the flat itself.

Entrance Hall
Entrance door, intercom, economy 7 storage heater, cloak room and airing cupboard, carpet.

Lounge - 14'4" (4.37m) x 11'6" (3.51m)
Double glazed entrance door and windows leading out to the balcony, economy 7 storage heater, fireplace with electric fire, television and telephone points, coved ceiling, carpet.

Kitchen - 8'9" (2.67m) Max x 8'5" (2.57m) Max
Double glazed window, fitted kitchen with array of wall and base units with work surface, built in oven and hob with extractor hood over, space for white goods, wall and floor tiling.

Bedroom One - 12'4" (3.76m) Max x 12'1" (3.68m) Max
Double glazed window, built in wardrobes, carpet.

Bedroom Two - 9'8" (2.95m) x 8'9" (2.67m)
Double glazed window, built in wardrobes, carpet.

Bathroom - 8'6" (2.59m) x 5'4" (1.63m)
Double glazed window, heated towel rail, bathroom suite comprising: Oversized shower cubicle with built in shower, close coupled W.C and vanity wash hand basin, wall and floor tiling.

Lease Information
Awaiting information from owners.

what3words /// salon.letter.stand

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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