3 Bed Semi-Detached House, Single Let, Blackpool, FY3 7TS, £125,000

Overdale Grove, Blackpool, FY3 7TS - 3 months ago

BTL
ROI: 7%
~93 m²
+12 photos

ValuationUndervalued

Sold Prices£85K - £355K
Sold Prices/m²£625/m² - £3.2K/m²

 

 

Square Metres

~93 m²
Price/m²£1.3K/m²

Value Estimate

£153,538
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£31,250

Stamp Duty & Legal Fees

£4,950

Total Cash In

£36,200

 

 

Cash Out

 

Rent Range

£725 - £1,150

Rent Estimate

£778

Running Costs/mo

£566

Cashflow/mo

£212

Cashflow/yr

£2,541

ROI

7%

Gross Yield

7%

Local Sold Prices

50 sold prices from £85K to £355K, average is £136K. £625/m² to £3.2K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£93.5K03/210.16 mi99, Argosy Avenue, Blackpool FY3 7NG3
£95K03/210.17 mi26, Furness Avenue, Blackpool FY3 7QQ3
£86K05/210.17 mi21, Marlhill Road, Blackpool FY3 7TG3
£101K01/210.2 mi374, Garstang Road West, Blackpool FY3 7JH3
£140K02/230.2 mi372, Garstang Road West, Blackpool FY3 7JH3
£145K01/230.2 mi522, Blackpool Old Road, Blackpool FY3 7LW3
£105K07/230.2 mi47, Tynedale Road, Blackpool FY3 7UE3
£100K12/220.21 mi33, Tynedale Road, Blackpool FY3 7UE3
£110K07/230.22 mi435, Blackpool Old Road, Blackpool FY3 7LN3
£182K07/230.23 mi16, Furlong Crescent, Blackpool FY3 7LP3
£185K01/230.25 mi14, Burnsall Avenue, Blackpool FY3 7LQ3
£147K06/210.25 mi19, Warwick Place, Blackpool, Lancashire FY3 7SS3
£90K05/230.26 mi4, Elgin Place, Blackpool FY3 7RY3
£230K11/210.27 mi143, Poulton Road, Blackpool FY3 7JJ3
£125K05/210.27 mi77, Poulton Road, Blackpool FY3 7JJ3
£121K06/210.28 mi55, Kendal Avenue, Blackpool FY3 7LG3
£265K09/210.31 mi401, Blackpool Old Road, Blackpool, Lancashire FY3 7LT3
£162K03/210.31 mi44, Ledbury Road, Blackpool, Lancashire FY3 7SP3
£155K11/210.32 mi10, Leyfield Close, Blackpool FY3 7RQ3
£110K06/210.33 mi68, Chepstow Road, Blackpool FY3 7PJ3
£232K07/210.34 mi73, Poulton Old Road, Blackpool FY3 7LB3
£355K05/230.34 mi61, Poulton Old Road, Blackpool FY3 7LB3
£115K04/230.34 mi8, Newton Place, Blackpool, Lancashire FY3 7PT3
£105K03/210.34 mi15, Newton Place, Blackpool, Lancashire FY3 7PT3
£126K04/230.35 mi4, Moresby Avenue, Blackpool, Lancashire FY3 7ST3
£129.9K11/200.35 mi12, Moresby Avenue, Blackpool, Lancashire FY3 7ST3
£128K04/210.37 mi16, Ravenswood Avenue, Blackpool FY3 7SJ3
£155K03/230.38 mi14, Ravenswood Avenue, Blackpool, Lancashire FY3 7SJ3
£167.5K09/210.39 mi10, Tarnbrook Drive, Blackpool FY3 7QA3
£158K12/200.39 mi21, Westfield Avenue, Blackpool, Lancashire FY3 7LU3
£90K02/210.39 mi14, Bathurst Avenue, Blackpool FY3 7RL3
£225K10/220.42 mi2, Heron Way, Blackpool FY3 8FB3
£108K06/230.42 mi59, Carleton Avenue, Blackpool FY3 7JN3
£91K01/210.42 mi13, Carleton Avenue, Blackpool FY3 7JN3
£114.5K11/200.42 mi62, Carleton Avenue, Blackpool FY3 7JN3
£160.5K06/210.43 mi26, Ravens Close, Blackpool, Lancashire FY3 7SL3
£225K09/210.43 mi12, Normoss Avenue, Blackpool, Lancashire FY3 7PU3
£85K02/230.45 mi14, Hockley Place, Blackpool FY3 7NY3
£132K07/210.46 mi10, Dobson Road, Blackpool, Lancashire FY3 7SH3
£190K12/220.47 mi27, Avenue Road, Blackpool, Lancashire FY3 7SG3
£132K03/210.47 mi28, Avenue Road, Blackpool FY3 7SG3
£160K03/210.47 mi9, Avenue Road, Blackpool, Lancashire FY3 7SG3
£112K02/210.5 mi8, Plymouth Road, Blackpool FY3 7JP3
£255K11/200.51 mi231, Normoss Road, Blackpool, Lancashire FY3 8QW3
£285K01/230.51 mi166, Normoss Road, Blackpool, Lancashire FY3 8QW3
£305K09/210.51 mi263, Newton Drive, Blackpool FY3 8PY3
£175K06/230.54 mi147, St Walburgas Road, Blackpool FY3 7EY3
£87.5K11/200.56 mi51, Poulton Road, Blackpool FY3 7DS3
£185K12/220.56 mi187, St Walburgas Road, Blackpool FY3 7EF3
£170K11/220.57 mi32, Benedict Drive, Blackpool, Lancashire FY3 0EN3

Local Rents

18 rents from £725/mo to £1.1K/mo, average is £888/mo.

RentDateDistanceAddressBeds 
£79504/240.16 miArgosy Avenue, Blackpool, Lancashire, FY33
£72504/240.28 mi-3
£90002/250.29 mi-3
£72502/240.33 mi-3
£1,05012/240.36 mi-3
£1,10003/250.36 mi-3
£95004/240.42 mi-3
£95005/240.42 mi-3
£95004/240.42 miWades Court, Blackpool, FY33
£82504/240.42 miCarleton Avenue, Blackpool3
£1,15004/240.44 miWindsor Road, Blackpool3
£82505/240.51 mi-3
£82504/240.51 miMeyler Avenue, Blackpool, FY33
£95008/230.53 mi-3
£80003/250.57 mi-3
£1,10004/240.59 miThe Rowans, Poulton-Le-Fylde, Lancashire, FY63
£82512/240.59 miThe Rowans, Poulton-Le-Fylde, Lancashire, FY63
£87510/230.6 mi-3

Local Area Statistics

Population in FY3

31,569

Population in Blackpool

133,713

Town centre distance

1.14 miles away

Nearest school

0.30 miles away

Nearest train station

0.66 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+2%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Listed for £125,000

January 17, 2025

Floor Plans

Description

  • VIRTUAL VIEWING AVAILABLE. CLICK ON THE VIDEO TOUR ABOVE +
  • Three Bedroom Semi Detached Property In Blackpool +
  • Good Size Lounge, Fitted Kitchen, Shower Room +
  • Three Bedrooms, Driveway, Garage, Side & Rear gardens +
  • Great Location, Close to Local Amenities +

We are pleased to present to the market this three bedroom semi detached property, located in a popular area of Blackpool.

Internally the accommodation comprises of a spacious lounge, modern kitchen, three bedrooms, and a family bathroom.

Externally is a driveway with access to the rear garden which is private and a good size.

Council Tax Information: Band A

Agent Note
In order to be able to purchase a property in the UK all agents have a legal requirement to conduct identity checks on all customers involved in the transaction to fulfil their obligations under anti money laundering regulations. Farrell Heyworth outsource this check to a third party and a charge will apply. Please ask the branch for further details.

Agent Details

Farrell Heyworth, Fylde Coast

01253 835297

Next Steps?

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