3 Bed Terraced House, Single Let, Blackpool, FY1 4DY, £75,000

Ripon Road, Blackpool, Lancashire, FY1 4DY - 1 views - 3 months ago

BTL
ROI: 16%
~93 m²
+3 photos

ValuationUndervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£18,750

Stamp Duty & Legal Fees

£4,950

Total Cash In

£23,700

 

 

Cash Out

 

Rent Range

£695 - £2,000

Rent Estimate

£715

Running Costs/mo

£397

Cashflow/mo

£318

Cashflow/yr

£3,812

ROI

16%

Gross Yield

11%













Local Rents

49 rents from £695/mo to £2K/mo, average is £825/mo.

RentDateDistanceAddressBeds 
£80005/240.07 mi-3
£80005/240.07 mi-3
£90005/240.09 mi57 Gainsborough Road, Blackpool. FY1 4DZ3
£80005/240.11 mi28 Gloucester Avenue3
£80004/240.17 miPark Road, Blackpool, FY1 5QN3
£90002/250.19 mi-3
£95001/240.26 mi-3
£72504/240.26 miHarrison Street, Blackpool, Lancashire, FY13
£2,00002/250.28 mi-3
£2,00002/250.28 mi-3
£85005/240.28 mi-3
£85004/240.29 mi34 Woodland Grove3
£80004/240.3 mi16 Harley Road, Blackpool, FY3 9DY3
£1,50003/250.3 mi-3
£85005/240.32 mi-3
£79512/240.32 mi-3
£79501/250.32 mi-3
£95005/240.33 mi-3
£1,20003/250.33 mi-3
£82505/240.34 miWestwood Avenue, Blackpool3
£95005/240.34 mi8 Westwood Avenue, Blackpool, FY3 9DW3
£90004/240.35 miWilkinson Avenue, Blackpool3
£69504/250.36 mi-3
£1,05004/250.36 mi-3
£95001/250.37 mi-3
£82504/240.37 miWyre Grove, Blackpool3
£95004/240.39 miBryan Road, Blackpool3
£77504/240.4 miErdington Road, Blackpool3
£90004/240.41 miSouth King Street, Blackpool3
£1,10005/240.41 mi-3
£1,10004/240.42 mi92 Grasmere Road3
£70004/240.44 miPeter Street, Blackpool, FY1 3LT3
£75005/240.47 mi-3
£85001/250.49 mi-3
£75004/240.51 miCaunce Street, Blackpool3
£75004/240.51 miCunliffe Road, Blackpool, FY1 6SD3
£75004/240.52 miManchester Road, Blackpool, FY3 8DN3
£80005/240.53 miCunliffe Road, Great Marton, Blackpool, FY13
£70004/240.53 miFlat 2, 16 Coop Street3
£79504/240.53 miAnsdell Road, Blackpool, Lancashire, FY15LX3
£72504/240.56 miLindsay Avenue, Blackpool3
£80005/240.58 miManchester Road, Blackpool, FY3 8BP3
£82504/240.6 miBoardman Avenue, Blackpool, FY1 6QE3
£71505/240.6 mi-3
£71505/240.6 mi-3
£71505/240.6 miLayton Road, Blackpool, FY33
£82504/240.61 miBickerstaffe Street, Blackpool3
£1,20004/250.62 mi-3
£80004/240.62 miSelbourne Road, Blackpool, Lancashire, FY13

Local Area Statistics

Population in FY1

33,505

Population in Blackpool

133,713

Town centre distance

1.23 miles away

Nearest school

0.30 miles away

Nearest train station

0.71 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+26%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Price changed to £75,000

March 28, 2025

Listed for £80,000

January 16, 2025

Description

  • END GARDEN TERRACE +
  • 3 BEDROOMS +
  • 2 RECEPTIONS +
  • NO CHAIN +

. END GARDEN TERRACE
. 3 BEDROOMS & 2 RECEPTIONS
. UPVC DOUBLE GLAZING & GAS CENTRAL HEATING
. COMPACT GARDEN
. EPC RATING:- E
Please note - ALL SERVICES / APPLICANCES HAVE NOT AND WILL NOT BE TESTED

DESCRIPTION Occupying a popular position close to Whitegate Drive and within easy reach of Blackpool town centre, this end garden terrace is available for immediate occupation and would make a great first time buy or investment. Warmed by gas fired central heating and complemented by UPVC double glazing, features include two receptions, kitchen, landing, three bedrooms and a bathroom and W.C. Outside are compact gardens to front, side and rear.

LOCATION Proceeding out of Blackpool along Park Road, through the traffic light junction with Hornby Road and Beech Avenue. Turn left into Palatine Road and Ripon Road is on the right hand side.

The accommodation comprises:-

ON THE GROUND FLOOR

LOUNGE 15'9 X 13'2. UPVC double glazed window, radiator, fitted gas fire.

DINING ROOM 16'9 X 11'8. UPVC double glazed window, radiator, stairs, understairs storage cupboard.

KITCHEN 9'10 X 8'8. Laminate wall and base units, single bowl single drainer stainless steel sink unit with mixer tap over, gas cooker point, plumbing for washing machine, combi boiler, UPVC double glazed window and door.

ON THE FIRST FLOOR

LANDING UPVC double glazed window, loft access.

BEDROOM NO 1 10'8 X 9'9. UPVC double glazed window, radiator.

BEDROOM NO 2 9'6 X 8'9. UPVC double glazed window, radiator.

BEDROOM NO 3 13'9 X 5'0. UPVC double glazed window, radiator.

BATHROOM & W.C Fitted with a white suite comprising panelled bath, pedestal wash hand basin, W.C - low suite, part tiled walls, UPVC double glazed window, radiator.

OUTSIDE

COMPACT GARDENS TO FRONT & SIDE

COURTYARD TO REAR

TENURE Freehold.

SERVICES All mains services - gas fired central heating.

VIEWINGS Only by prior appointment through Duncan Raistrick Estate Agents. Tel:- - open 7 days a week.

COUNCIL TAX BAND:- B

EPC RATING:- E

Agent Details

Duncan Raistrick, Blackpool

01253 835382

Next Steps?

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