2 Bed Terraced House, Single Let, Blackpool, FY4 3BH, £59,995

Taunton Street, Blackpool, FY4 3BH - 1 views - 3 months ago

Auction
BTL
ROI: 15%
~73 m²
+4 photos

ValuationUndervalued

Sold Prices£60K - £148K
Sold Prices/m²£613/m² - £2.1K/m²

 

 

Square Metres

~73.30 m²
Price/m²£818/m²

Value Estimate

£73,194
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£14,999

Stamp Duty & Legal Fees

£4,200

Total Cash In

£19,199

 

 

Cash Out

 

Rent Range

£500 - £1,733

Rent Estimate

£556

Running Costs/mo

£319

Cashflow/mo

£237

Cashflow/yr

£2,848

ROI

15%

Gross Yield

11%

Local Sold Prices

50 sold prices from £60K to £148K, average is £90K. £613/m² to £2.1K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£60K12/200.02 mi1, Truro Street, Blackpool FY4 3BJ2
£73.4K02/210.03 mi51, Aintree Road, Blackpool FY4 3BD2
£72.5K12/220.05 mi1, Frederick Street, Blackpool FY4 3BQ2
£97K09/210.09 mi26, Starbeck Avenue, Blackpool FY4 3BA2
£141.5K01/230.15 mi57, Chislehurst Avenue, Blackpool FY4 3AS2
£94K08/210.15 mi6, Edwell Avenue, Blackpool FY4 3BX2
£83K11/210.16 mi5, Houghton Avenue, Blackpool FY4 3BU2
£75K10/210.18 mi26, Gladstone Street, Blackpool FY4 2AL2
£128K07/210.19 mi26, Westfield Road, Blackpool FY1 6NY2
£114K06/210.19 mi12, Harcourt Road, Blackpool FY4 3ET2
£71K09/210.19 mi2, Swindon Avenue, Blackpool FY4 3DX2
£142K03/230.2 mi10, Lunedale Avenue, Blackpool FY1 6LL2
£124K08/210.2 mi13, Harlech Avenue, Blackpool FY1 6ND2
£120K07/210.2 mi89, Dunelt Road, Blackpool FY1 6LT2
£100K03/230.22 mi81, Hemingway, Blackpool FY4 3DR2
£119.3K01/230.22 mi23, Marton Drive, Blackpool FY4 3DF2
£122.5K06/230.22 mi15, Marton Drive, Blackpool FY4 3DF2
£115K11/200.23 mi12, Marton Drive, Blackpool FY4 3DQ2
£74K05/230.23 mi128, Harcourt Road, Blackpool FY4 3HW2
£105K03/230.24 mi10, Mirfield Grove, Blackpool FY4 3DN2
£70K06/210.24 mi107, Hemingway, Blackpool FY4 3DR2
£90K04/230.24 mi92, Hemingway, Blackpool FY4 3DR2
£115K01/230.24 mi116, Hemingway, Blackpool FY4 3DR2
£120K04/220.26 mi72a, Saville Road, Blackpool FY1 6JT2
£88K06/210.27 mi30, Ellesmere Road, Blackpool FY4 3DH2
£82.5K10/200.27 mi32, Ellesmere Road, Blackpool FY4 3DH2
£148K04/230.27 mi32, Ellesmere Road, Blackpool FY4 3DH2
£85K11/230.29 mi155, Powell Avenue, Blackpool FY4 3HQ2
£105K06/230.31 mi49, Ellesmere Road, Blackpool FY4 3DJ2
£95K09/210.33 mi183, Harcourt Road, Blackpool FY4 3HN2
£80K02/210.35 mi102, Loftos Avenue, Blackpool FY4 3HA2
£79K04/230.39 mi12, Millington Avenue, Blackpool FY4 3HE2
£90K10/210.39 mi27, Beardshaw Avenue, Blackpool FY1 6QA2
£78K04/210.39 mi34, Brook Street, Blackpool FY4 4BE2
£82K01/230.39 mi11, Brook Street, Blackpool FY4 4BE2
£71K11/200.39 mi20, Brook Street, Blackpool FY4 4BE2
£60K05/210.42 mi53, Crossland Road, Blackpool FY4 4BD2
£89K12/220.42 mi42, Crossland Road, Blackpool FY4 4BD2
£77K03/230.42 mi9, Crossland Road, Blackpool FY4 4BD2
£115K12/230.44 mi45, Rectory Road, Blackpool FY4 4DU2
£115K12/230.45 mi30, Stamford Avenue, Blackpool FY4 2BJ2
£115K04/230.45 mi34, Stamford Avenue, Blackpool FY4 2BJ2
£135K03/230.45 mi17, Stoke Avenue, Blackpool FY1 6QB2
£76K12/200.45 mi28, Seymour Road, Blackpool FY1 6JH2
£89K03/210.46 mi12, Morley Road, Blackpool FY4 4EP2
£90K01/210.47 mi76, Cunliffe Road, Blackpool FY1 6RY2
£73K04/210.48 mi63, Alexandra Road, Blackpool FY1 6HW2
£93.5K12/220.48 mi17, Belgrave Road, Blackpool FY4 4DZ2
£85K04/230.49 mi23, Rangeway Avenue, Blackpool FY4 2DJ2
£143K10/200.5 mi53, Greenwood Avenue, Blackpool FY1 6RQ2

Local Rents

50 rents from £500/mo to £1.7K/mo, average is £678/mo.

RentDateDistanceAddressBeds 
£67504/240.02 miTruro Street, Blackpool, Lancashire, FY42
£70004/240.05 miFrederick Street, Blackpool2
£65004/240.13 miSt. Annes Road, Blackpool, Lancashire, FY42
£59505/240.19 mi-2
£59504/240.19 miHarcourt Road, Blackpool, FY42
£65003/250.26 mi-2
£62504/240.3 miSt Heliers Road, Blackpool2
£72003/250.32 mi-2
£72004/250.32 mi-2
£60004/240.36 miHAWES SIDE court, BLACKPOOL, FY4 4BG2
£60005/240.38 miSt. Heliers Road, Blackpool, FY1 6JE2
£67504/240.39 miSowerby Avenue, Blackpool, FY4 3EH2
£62504/240.39 miSowerby Avenue, Blackpool2
£70012/240.4 mi-2
£63005/240.43 miHAMPTON ROAD, BLACKPOOL, Blackpool2
£60004/240.44 miBall Street, Blackpool, Lancashire, FY12
£70003/250.46 mi-2
£55004/240.46 miBall Street, Blackpool2
£87504/250.5 mi-2
£65004/240.5 miBagot Street, Blackpool, Lancashire, FY16EZ2
£69003/250.5 mi-2
£62505/240.5 miWaterloo Road, Blackpool2
£62504/240.51 miStation Road, Blackpool2
£62504/240.51 miStation Road, Blackpool2
£75005/240.51 miPedders Lane, Blackpool, Lancashire, FY42
£52504/240.51 miClarence Court, Rawcliffe Street, Blackpool, FY4 1DJ2
£52505/240.51 miClarence Court, Rawcliffe Street, Blackpool, FY4 1DJ2
£85005/240.51 miClare Street, Blackpool, FY12
£85005/240.51 mi-2
£82503/250.51 mi-2
£65005/240.53 miCentral Drive, Blackpool2
£70005/240.53 miCentral Drive, Blackpool2
£62504/240.54 miSouth Lawn, Blackpool2
£50012/240.55 mi-2
£62504/240.56 miDean Street, Blackpool, Lancashire, FY42
£69504/240.56 miAmberbanks Grove, Blackpool2
£65002/250.57 mi-2
£68004/240.57 miLytham Road, Blackpool2
£72004/240.57 miLytham Road, Blackpool2
£65004/240.58 miVicarage Lane, Blackpool2
£1,50004/240.59 mi-2
£1,00005/240.59 mi-2
£1,00004/240.59 miVicarage Lane, Blackpool, FY42
£1,73311/240.59 mi-2
£75003/250.59 mi-2
£70004/240.61 miMoon Avenue, Blackpool, FY1 6EH2
£1,73311/240.61 mi-2
£1,73311/240.61 mi-2
£1,73302/250.61 mi-2
£1,73304/250.61 mi-2

Local Area Statistics

Population in FY4

43,982

Population in Blackpool

133,713

Town centre distance

1.77 miles away

Nearest school

0.20 miles away

Nearest train station

0.37 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+58%

Sales demand

Balanced market

Capital growth (5yrs)

+12%

Property History

Price changed to £59,995

March 28, 2025

Listed for £65,000

January 13, 2025

Floor Plans

Description

  • For Sale by Online Auction +
  • Tenant in-Situ Paying £540PCM/£6,480PA +
  • Circa 10% Yield (based on starting price) +
  • Two Double Bedrooms +
  • Gas Central Heating +
  • Double Glazing +
  • Generous Sized Lounge & Kitchen +
  • Priced to Sell +
  • Well Proportioned Rooms +
  • Viewings Available in Person or via our 360 Virtual Tour +

For Sale by Online Auction with a Starting Bid of £59,995. Terms & Conditions Apply. See WebbMove for all the Auction Details.

A well proportioned two bedroom on street terraced house to be auctioned with a tenant in-situ who is currently paying £540PCM, making the yield circa 10% based on the starting price. The property is positioned in a convenient location, close to local amenities including shops, schools, leisure facilities and Blackpool Retail Park, as well as being handy for motorway links. Viewings are available either in person or via our 360 virtual tour.  

LIVING ROOM 12' 1" x 13' 6" (3.68m x 4.11m)  

INNER HALLWAY  

KITCHEN 12' 11" x 13' 8" (3.94m x 4.17m)  

LANDING  

BEDROOM ONE 13' 8" x 13' 0" (4.18m x 3.97m)  

BEDROOM TWO 13' 1" x 8' 0" (3.99m x 2.44m)  

BATHROOM 9' 11" x 5' 2" (3.02m x 1.57m)  

YARD TO REAR  

AUCTION INFORMATION This property is for sale by online auction under WebbMove Auctions ('The Auctioneer'). Lots sold by the Auctioneer will typically be sold under unconditional auction terms.

The auction end date for this property is scheduled for 25th April 2025. Please note some circumstances can cause this date to change, and it may close before the scheduled end date.

Upon acceptance of their bid, the winning bidder will be required to pay both a deposit and a buyer's premium within 24 hours. Typically, this will be 10% of the sale price and 4% plus VAT of the sale price (subject to a minimum of £4,000 plus VAT) respectively. The deposit will form part of the sale price on completion of the sale, the buyer's premium will be retained by The Auctioneer as a fee for their services.

Most properties can be viewed prior to the auction date either in person or through our virtual 360 tours and can be arranged via Tiger Sales and Lettings.

Prospective buyers will be required to register with The Auctioneer, upon doing this they will be able to download legal information and place bids. Visit the Auctioneer's website to register, in-line with anti-money laundering regulations, a prospective buyer's identity will have to be verified before a bid(s) can be placed.

For specifics relating to the auction/sale, a buyer should download and review the Legal Pack via The Auctioneer's website, paying special attention to the Special Conditions, the auctioneers' terms and conditions, and the RICS Common Auction Conditions. We recommend seeking the advice of a competent legal advisor before placing a bid.

Looking to SELL by AUCTION rather than BUY? Get in touch for your free valuation! You never know, your property may be worth more than you think.

WebbMove Auctions is a trading name of Tiger Sales and Lettings Ltd.

Agent Details

Tiger Sales & Lettings, Blackpool

01253 835609

Next Steps?

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