3 Bed Semi-Detached House, Refurb/BRRR, Blackpool, FY4 3PD, £99,950

Linfield Terrace, Blackpool, FY4 3PD - 9 views - 2 months ago

Refurb/BRRR
ROI: 4%
~93 m²
+4 photos

ValuationUndervalued

Sold Prices£90.5K - £260K
Sold Prices/m²£877/m² - £2.3K/m²

 

 

Square Metres

~93 m²
Price/m²£1.1K/m²

Value Estimate

£102,949
BMV3%

 

 

End Value (After Refurb)

£152,311

Uplift in Value

+52%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£24,988

Stamp Duty & Legal Fees

£4,199

Refurb Costs

£38,071

Bridging Loan Interest

£2,624

Total Cash In

£71,631

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£152,311

Mortgage (After Refinance)

£114,233

Mortgage LTV

75%

Cash Released

£39,271

Cash Left In

£32,360

Equity

£38,078

Rent Range

£650 - £1,250

Rent Estimate

£881

Running Costs/mo

£672

Cashflow/mo

£209

Cashflow/yr

£2,506

ROI

3%

Gross Yield

11%

Local Sold Prices

50 sold prices from £90.5K to £260K, average is £138.3K. £877/m² to £2.3K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£100K03/230.03 mi15, Linfield Terrace, Blackpool FY4 3PD3
£125K01/210.06 mi231, Highfield Road, Blackpool FY4 3NS3
£100K11/200.11 mi58, Endsleigh Gardens, Blackpool FY4 3PA3
£110K01/240.11 mi35, Endsleigh Gardens, Blackpool FY4 3PA3
£111K01/230.13 mi15, Keasden Avenue, Blackpool FY4 3JF3
£134K11/230.13 mi8, Keasden Avenue, Blackpool FY4 3JF3
£145K09/210.13 mi35, Keasden Avenue, Blackpool FY4 3JE3
£125K05/230.15 mi28, Ferndale Avenue, Blackpool FY4 3JD3
£135K07/230.15 mi34, Ferndale Avenue, Blackpool FY4 3JD3
£260K10/220.17 mi5, Lennox Gate, Blackpool FY4 3JQ3
£175K11/200.18 mi32, Johnsville Avenue, Blackpool FY4 3LN3
£127.5K10/210.18 mi36, Johnsville Avenue, Blackpool FY4 3LN3
£125K12/200.18 mi10, Johnsville Avenue, Blackpool FY4 3LN3
£180K05/230.19 mi71, Helens Close, Blackpool FY4 3QD3
£130K02/210.19 mi49, Helens Close, Blackpool FY4 3QD3
£173K05/210.19 mi89, Helens Close, Blackpool FY4 3QD3
£204K10/210.2 mi335, St Annes Road, Blackpool FY4 2EE3
£167K11/200.21 mi36, Helens Close, Blackpool FY4 3QE3
£167K06/210.21 mi8, Helens Close, Blackpool FY4 3QE3
£155K11/200.21 mi6, Ferndale Avenue, Blackpool FY4 3JB3
£131K12/220.22 mi10, Cheddar Avenue, Blackpool FY4 2LG3
£136.5K04/210.22 mi2, Cheddar Avenue, Blackpool FY4 2LG3
£125K09/210.23 mi30, Kingsmede, Blackpool FY4 3NW3
£118K05/210.23 mi18, Marcroft Avenue, Blackpool FY4 3JL3
£117K11/200.23 mi5, Burnage Gardens, Blackpool FY4 3JA3
£160K04/230.23 mi17, Burnage Gardens, Blackpool FY4 3JA3
£151K06/230.24 mi21, Stadium Avenue, Blackpool FY4 3QA3
£166K02/210.24 mi73, Stadium Avenue, Blackpool FY4 3QA3
£140K06/230.24 mi25, Stadium Avenue, Blackpool FY4 3QA3
£159.5K02/240.24 mi15, Stadium Avenue, Blackpool FY4 3QA3
£157K05/230.24 mi61, Stadium Avenue, Blackpool FY4 3QA3
£170K01/230.24 mi14, Crompton Avenue, Blackpool FY4 3LQ3
£123K11/230.24 mi22, Molyneux Drive, Blackpool FY4 3JJ3
£135K05/210.25 mi324, St Annes Road, Blackpool FY4 2QP3
£130K11/200.25 mi80, Stadium Avenue, Blackpool FY4 3QB3
£148K04/230.25 mi84, Stadium Avenue, Blackpool FY4 3QB3
£145K05/210.25 mi40, Stadium Avenue, Blackpool FY4 3QB3
£154K06/210.25 mi10, Stadium Avenue, Blackpool FY4 3QB3
£150K02/230.25 mi34, Stadium Avenue, Blackpool FY4 3QB3
£170K12/220.25 mi80, Stadium Avenue, Blackpool FY4 3QB3
£140K01/210.26 mi12, Pedders Lane, Blackpool FY4 3HX3
£107K06/210.26 mi59, Henson Avenue, Blackpool FY4 3LZ3
£206K08/210.26 mi31, Henson Avenue, Blackpool FY4 3LZ3
£118K11/210.27 mi1, Ivy Avenue, Blackpool FY4 3QF3
£145K01/230.27 mi61, Lindale Gardens, Blackpool FY4 3PH3
£110K11/210.27 mi4, Thursby Avenue, Blackpool FY4 2HW3
£160K11/230.28 mi21, Glencross Place, Blackpool FY4 5AD3
£105K12/200.28 mi78, Henson Avenue, Blackpool FY4 3LY3
£90.5K11/230.28 mi12, Henson Avenue, Blackpool FY4 3LY3
£121K11/200.29 mi18, Ivy Avenue, Blackpool FY4 3QG3

Local Rents

38 rents from £650/mo to £1.3K/mo, average is £863/mo.

RentDateDistanceAddressBeds 
£87512/240.03 mi-3
£79504/240.1 miEndsleigh Gardens, Blackpool3
£85004/240.11 miEndsleigh Gardens, Blackpool3
£90004/240.14 mi-3
£95003/250.16 mi-3
£79504/240.17 mi17 Lindale Gardens3
£65012/230.18 mi-3
£75004/240.18 mi80 Lindale3
£75005/240.18 mi80 Lindale3
£1,19504/240.19 miFerndale Avenue, Blackpool, FY43
£1,10004/240.19 mi-3
£95004/240.23 miHelens Close, Blackpool3
£95004/240.23 miHelens Close, Blackpool3
£67502/240.28 miIvy Avenue, Blackpool, FY4 3QG3
£89505/240.33 mi61 Faringdon Avenue3
£85004/240.33 miFaringdon Avenue, Blackpool, Lancashire, FY43
£95011/240.34 mi-3
£1,25004/240.35 miSt. Lukes Road, Blackpool3
£70002/240.36 miHouseman Place, Blackpool, FY4 5AE3
£85004/240.37 miCollyhurst Avenue3
£90005/240.37 miGildabrook Road, Blackpool3
£75004/240.43 mi-3
£75004/240.43 miDewhurst Avenue, Blackpool, FY43
£1,00004/240.48 miEdgeway Road, Blackpool, FY43
£1,00004/240.48 mi-3
£95004/240.5 mi-3
£75005/240.55 miRangeway Avenue, Blackpool3
£90002/250.55 mi-3
£75005/240.56 mi-3
£82503/250.56 mi-3
£77505/240.57 miPowell Avenue, Blackpool, FY4 3HQ3
£1,19004/240.58 mi-3
£1,25004/240.58 miRosemary Avenue, Blackpool, FY43
£87505/240.58 mi-3
£87503/250.58 mi-3
£75004/240.59 miQueensway, Blackpool3
£75005/240.6 miHarcourt Road, Blackpool, FY4 3HW3
£79504/240.6 mi33 Kingston Avenue3

Local Area Statistics

Population in FY4

43,982

Population in Blackpool

133,713

Town centre distance

2.24 miles away

Nearest school

0.20 miles away

Nearest train station

0.85 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+58%

Sales demand

Balanced market

Capital growth (5yrs)

+12%

Property History

Listed for £99,950

January 20, 2025

Description

SEMI DETACHED HOUSE WITH 3 BEDROOMS IN NEED OF MODERNISATION WITH NO ONWARD CHAIN INVOLVED Semi Detached House in a Convenient Location comprising Entrance Hallway, Lounge, Dining Room, Kitchen, Lean to Style Conservatory, Downstairs Bathroom, Landing, 3 Bedrooms, Enclosed Rear Yard, No Onward Chain Involved

Entrance Hallway - Double glazed entrance door, stairs to first floor landing

Lounge - 3.86m x 3.51m (12'8 x 11'6) - Double glazed walk in bay window to front, radiator

Dining Room - 2.16m x 1.73m (7'1 x 5'8) - Understairs storage cupboard, wall mounted gas boiler

Kitchen - 4.62m x 2.62m (15'2 x 8'7) - Fitted base and wall units with round edge worktops, double glazed window to rear

Conservatory - 2.92m x 2.46m (9'7 x 8'1) - Lean to style conservatory, double glazed sliding doors, polycarbonate roof

Downstairs Shower Room - Wet room style bathroom, low level wc, pedestal wash hand basin, shower, cladding to walls, double glazed window to rear

Landing - Window to side, access to insulated loft

Bedroom 1 - 3.86m x 3.51m (12'8 x 11'6) - Double glazed bay window to front, fitted cupboards, double glazed window to front, radiator

Bedroom 2 - 3.45m x 2.34m (11'4 x 7'8) - Double glazed window to rear, radiator, decorative cornice style ceiling

Bedroom 3 - 2.62m x 2.11m (8'7 x 6'11) - Double glazed window to rear, radiator, decorative cornice style ceiling

Outside - Enclosed rear yard, paved patio, gated access to side

Agent Details

Hunters, Blackpool

01253 542441

Next Steps?

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