3 Bed Terraced House, Single Let, Blackpool, FY4 3EN, £115,000

Watson Road, Blackpool, Lancashire, FY4 3EN - 2 views - 3 months ago

BTL
ROI: 5%
~93 m²
+4 photos

ValuationUndervalued

Sold Prices£53.5K - £229.9K
Sold Prices/m²£681/m² - £2.3K/m²

 

 

Square Metres

~93 m²
Price/m²£1.2K/m²

Value Estimate

£125,553
BMV9%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£28,750

Stamp Duty & Legal Fees

£4,650

Total Cash In

£33,400

 

 

Cash Out

 

Rent Range

£575 - £1,250

Rent Estimate

£631

Running Costs/mo

£506

Cashflow/mo

£125

Cashflow/yr

£1,505

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £53.5K to £229.9K, average is £114.5K. £681/m² to £2.3K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£79K02/210 mi183, Watson Road, Blackpool FY4 3EN3
£110K08/210.02 mi270, Watson Road, Blackpool FY4 3EG3
£115K03/230.02 mi268, Watson Road, Blackpool FY4 3EG3
£112K05/210.05 mi18, Dewhurst Avenue, Blackpool FY4 3EL3
£62K02/210.05 mi23, Millington Avenue, Blackpool FY4 3HE3
£120K08/210.05 mi156, Hawes Side Lane, Blackpool FY4 4AA3
£110K05/230.07 mi59, Loftos Avenue, Blackpool FY4 3HA3
£77.5K12/220.1 mi4, Hurstmere Avenue, Blackpool FY4 3EJ3
£75K12/200.12 mi53, Powell Avenue, Blackpool FY4 3HQ3
£78K03/210.12 mi61, Powell Avenue, Blackpool FY4 3HQ3
£95K10/210.13 mi164, Harcourt Road, Blackpool FY4 3HN3
£90K08/210.13 mi146, Harcourt Road, Blackpool FY4 3HN3
£95K08/210.16 mi17, Burnside Avenue, Blackpool FY4 4AF3
£126K12/200.17 mi6, Annaside Close, Blackpool FY4 5AA3
£125K09/210.18 mi19, Stretton Avenue, Blackpool FY4 4AQ3
£138K03/230.18 mi14, Stretton Avenue, Blackpool FY4 4AQ3
£73.5K10/210.18 mi85, Harcourt Road, Blackpool FY4 3HP3
£97K12/200.18 mi73, Ellesmere Road, Blackpool FY4 3DS3
£83.8K04/210.19 mi80, Marsden Road, Blackpool FY4 3DU3
£110K01/210.2 mi117, Watson Road, Blackpool FY4 3EW3
£114K05/230.2 mi111, Watson Road, Blackpool FY4 3EW3
£120K02/210.2 mi149, Watson Road, Blackpool FY4 3EW3
£93K06/210.21 mi151, Marsden Road, Blackpool FY4 3DT3
£94K09/210.21 mi7, Swindon Avenue, Blackpool FY4 3DX3
£145K02/230.23 mi22, Longway, Blackpool FY4 4NJ3
£162K06/230.26 mi11, Fairway Road, Blackpool FY4 4AZ3
£76.5K02/230.26 mi15, Terance Road, Blackpool FY4 4ER3
£160K11/230.26 mi21, Glencross Place, Blackpool FY4 5AD3
£140K03/230.27 mi49, Morley Road, Blackpool FY4 4EP3
£170K04/210.27 mi29, Daggers Hall Lane, Blackpool FY4 4AY3
£145K01/210.27 mi17, Daggers Hall Lane, Blackpool FY4 4AY3
£118K05/210.27 mi18, Marcroft Avenue, Blackpool FY4 3JL3
£135K08/210.28 mi5, Bridge House Road, Blackpool FY4 4XX3
£117K11/200.28 mi5, Burnage Gardens, Blackpool FY4 3JA3
£160K04/230.28 mi17, Burnage Gardens, Blackpool FY4 3JA3
£142K03/210.28 mi63, Halton Gardens, Blackpool FY4 4XR3
£80.5K09/210.3 mi21, Crossland Road, Blackpool FY4 4BD3
£53.5K12/200.3 mi37, Crossland Road, Blackpool FY4 4BD3
£165K03/230.31 mi62, Macauley Avenue, Blackpool FY4 4YF3
£155K11/200.32 mi6, Ferndale Avenue, Blackpool FY4 3JB3
£150K06/230.32 mi25, Marton Drive, Blackpool FY4 3DF3
£157.5K06/210.32 mi12, Chiltern Avenue, Blackpool FY4 2BN3
£145K12/230.32 mi17, East Side, Blackpool FY4 4YD3
£145K06/230.33 mi87, Marsden Road, Blackpool FY4 3BY3
£229.9K03/230.33 mi4, Wanstead Crescent, Blackpool FY4 4AR3
£111K05/230.33 mi147, Marton Drive, Blackpool FY4 3EY3
£100K10/210.34 mi54, Hemingway, Blackpool FY4 3BS3
£102K10/210.34 mi46, Hemingway, Blackpool FY4 3BS3
£72.5K03/210.34 mi31, Lyndhurst Avenue, Blackpool FY4 3AX3
£140K01/210.35 mi12, Pedders Lane, Blackpool FY4 3HX3

Local Rents

39 rents from £575/mo to £1.3K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£75004/240.08 mi-3
£75004/240.08 miDewhurst Avenue, Blackpool, FY43
£87505/240.08 mi-3
£87503/250.08 mi-3
£77505/240.12 miPowell Avenue, Blackpool, FY4 3HQ3
£75005/240.18 miHarcourt Road, Blackpool, FY4 3HW3
£90002/250.19 mi-3
£77504/240.21 miMarsden Road, Blackpool3
£85004/250.21 mi-3
£90004/240.21 mi-3
£82503/250.21 mi-3
£75005/240.24 mi-3
£70002/240.27 miHouseman Place, Blackpool, FY4 5AE3
£70012/240.29 mi-3
£69505/240.32 mi21 Crossland Road3
£89505/240.32 miVicarage Lane, Blackpool, FY43
£89512/240.32 mi-3
£97503/250.32 mi-3
£87011/240.32 mi-3
£1,19504/240.33 miFerndale Avenue, Blackpool, FY43
£1,10004/240.33 mi-3
£95003/250.36 mi-3
£65011/240.36 mi-3
£57501/240.4 mi-3
£95011/240.44 mi-3
£79504/240.45 miSt. Edmunds Road, Blackpool3
£87512/240.5 mi-3
£1,10003/250.5 mi-3
£95004/240.5 miHarris Avenue, FY1 6NJ3
£65004/240.52 miSedburgh Avenue, Blackpool3
£72504/240.55 miAnsdell Road, Blackpool3
£75005/240.57 miRangeway Avenue, Blackpool3
£90004/240.58 mi-3
£85004/240.59 miSedbergh Avenue, Blackpool3
£1,25004/240.59 miSt. Lukes Road, Blackpool3
£65012/230.59 mi-3
£79504/240.6 miEndsleigh Gardens, Blackpool3
£85004/240.61 miEndsleigh Gardens, Blackpool3
£85003/250.61 mi-3

Local Area Statistics

Population in FY4

43,982

Population in Blackpool

133,713

Town centre distance

1.77 miles away

Nearest school

0.10 miles away

Nearest train station

0.74 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+58%

Sales demand

Balanced market

Capital growth (5yrs)

+12%

Property History

Listed for £115,000

January 14, 2025

Description

  • GARDEN TERRACE +
  • 3 BEDS +
  • UPCV DG AND GAS CH +
  • GOOD GARDENS +
  • COUNCIL TAX BAND A +

A

Agent Details

Duncan Raistrick, Blackpool

01253 835382

Next Steps?

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