3 Bed Terraced House, Refurb/BRRR, Blackpool, FY4 2PD, £89,950

Roselyn Avenue, Blackpool, FY4 2PD - 12 views - 2 months ago

Refurb/BRRR
ROI: 4%
~93 m²

ValuationFair Value

Sold Prices£90K - £290K
Sold Prices/m²£973/m² - £2.7K/m²

 

 

Square Metres

~93 m²
Price/m²£967/m²

Value Estimate

£89,950

 

 

End Value (After Refurb)

£150,099

Uplift in Value

+67%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£22,488

Stamp Duty & Legal Fees

£3,899

Refurb Costs

£38,071

Bridging Loan Interest

£2,361

Total Cash In

£68,568

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£150,099

Agent Fees (1%)

£1,501

Bridging Loan

£67,463

Bridging Loan Interest

£2,361

Flip Profit

£12,568

Local Sold Prices

50 sold prices from £90K to £290K, average is £148.3K. £973/m² to £2.7K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£132K03/230 mi9, Roselyn Avenue, Blackpool FY4 2PD3
£125K05/230.06 mi27, Scarsdale Avenue, Blackpool FY4 2PB3
£119K01/210.07 mi58, Orchard Avenue, Blackpool FY4 2NY3
£134K08/210.08 mi14, Summerville, Blackpool FY4 2JT3
£148K05/230.09 mi85, Abbey Road, Blackpool FY4 2JZ3
£155K12/220.1 mi11, Abbeyville, Blackpool FY4 2JU3
£145K02/210.1 mi31, Abbeyville, Blackpool FY4 2JU3
£127.5K12/200.11 mi48, Orchard Avenue, Blackpool FY4 2NX3
£155K06/230.12 mi9, Gildabrook Road, Blackpool FY4 2LU3
£240K02/230.14 mi8, Roseacre, Blackpool FY4 2PN3
£290K09/210.14 mi5, Roseacre, Blackpool FY4 2PN3
£134.5K11/200.14 mi11, Ravenwood Avenue, Blackpool FY4 2LT3
£124.5K02/230.14 mi23, Garton Avenue, Blackpool FY4 2JW3
£200K03/230.14 mi4, Stonycroft Avenue, Blackpool FY4 2NR3
£203K12/230.15 mi54, Cheddar Avenue, Blackpool FY4 2LQ3
£189.9K08/210.15 mi50, Cheddar Avenue, Blackpool FY4 2LQ3
£125K04/210.15 mi56, Cheddar Avenue, Blackpool FY4 2LQ3
£170K06/210.15 mi55, Cheddar Avenue, Blackpool FY4 2LQ3
£122.5K05/210.15 mi44, Primrose Avenue, Blackpool FY4 2LL3
£115K12/200.15 mi34, Mayfield Avenue, Blackpool FY4 2NT3
£109K12/200.15 mi32, Mayfield Avenue, Blackpool FY4 2NT3
£140K12/200.16 mi16, Selby Avenue, Blackpool FY4 2LY3
£161K12/200.16 mi14, Selby Avenue, Blackpool FY4 2LY3
£157.5K02/230.16 mi40, Belvere Avenue, Blackpool FY4 2LW3
£120K06/210.18 mi52, Kingston Avenue, Blackpool FY4 2QA3
£125K02/230.18 mi36, Sawley Avenue, Blackpool FY4 2NB3
£148K03/210.18 mi52, Sawley Avenue, Blackpool FY4 2NB3
£90K12/200.18 mi48, Sawley Avenue, Blackpool FY4 2NB3
£190K03/230.18 mi45, Sawley Avenue, Blackpool FY4 2NB3
£220K11/200.18 mi5, Allandale, Blackpool FY4 1RH3
£238K03/230.19 mi7a, Kingston Avenue, Blackpool FY4 2QB3
£95K04/230.21 mi72, Sandgate, Blackpool FY4 2LX3
£110.5K12/210.22 mi133, Abbey Road, Blackpool FY4 2PY3
£180K05/230.23 mi58, Sandgate, Blackpool FY4 2NA3
£132.5K10/200.23 mi15, Kimberley Avenue, Blackpool FY4 2LS3
£220K12/210.24 mi35, Berwick Road, Blackpool FY4 2PT3
£136.5K04/210.25 mi2, Cheddar Avenue, Blackpool FY4 2LG3
£131K12/220.25 mi10, Cheddar Avenue, Blackpool FY4 2LG3
£148.5K09/210.26 mi19, Burgate, Blackpool FY4 2QH3
£230K02/230.26 mi2, Burgate, Blackpool FY4 2QH3
£110K11/210.26 mi4, Thursby Avenue, Blackpool FY4 2HW3
£231K03/210.27 mi1, Stony Hill Avenue, Blackpool FY4 1PR3
£163.6K11/220.27 mi52, St Martins Road, Blackpool FY4 2DY3
£199.9K11/220.27 mi22, Highgate, Blackpool FY4 2QJ3
£135K05/210.28 mi324, St Annes Road, Blackpool FY4 2QP3
£150K10/200.29 mi44, St Lukes Road, Blackpool FY4 2EJ3
£215K06/210.3 mi36, Seventh Avenue, Blackpool FY4 2EB3
£155K04/210.3 mi32, Seventh Avenue, Blackpool FY4 2EB3
£200K09/210.31 mi56, St Lukes Road, Blackpool FY4 2EJ3
£187.5K11/200.31 mi15, Bournemouth Road, Blackpool FY4 1LP3

Local Rents

26 rents from £650/mo to £1.3K/mo, average is £885/mo.

RentDateDistanceAddressBeds 
£1,19004/240.12 mi-3
£1,25004/240.12 miRosemary Avenue, Blackpool, FY43
£90005/240.12 miGildabrook Road, Blackpool3
£79504/240.19 mi33 Kingston Avenue3
£95004/240.27 mi-3
£1,00004/240.28 miHarrowside, Blackpool, Lancashire, FY43
£90004/240.33 mi-3
£1,25004/240.34 miSt. Lukes Road, Blackpool3
£85004/240.38 miEndsleigh Gardens, Blackpool3
£95004/240.38 miHelens Close, Blackpool3
£95004/240.38 miHelens Close, Blackpool3
£79504/240.38 miEndsleigh Gardens, Blackpool3
£67502/240.44 miIvy Avenue, Blackpool, FY4 3QG3
£87512/240.44 mi-3
£79504/240.52 mi17 Lindale Gardens3
£89505/240.52 mi61 Faringdon Avenue3
£75004/240.53 mi80 Lindale3
£75005/240.53 mi80 Lindale3
£75004/240.55 miQueensway, Blackpool3
£95003/250.55 mi-3
£85004/240.55 miFaringdon Avenue, Blackpool, Lancashire, FY43
£75005/240.56 miRangeway Avenue, Blackpool3
£1,10004/240.56 mi-3
£1,19504/240.56 miFerndale Avenue, Blackpool, FY43
£65012/230.57 mi-3
£75004/240.58 miJesmond Avenue, Blackpool, FY4 1EJ3

Local Area Statistics

Population in FY4

43,982

Population in Blackpool

133,713

Town centre distance

2.65 miles away

Nearest school

0.40 miles away

Nearest train station

0.54 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+58%

Sales demand

Balanced market

Capital growth (5yrs)

+12%

Property History

Listed for £89,950

January 31, 2025

Description

  • A Three Bedroom Mid Terrace House +
  • In Need Of Full Renovation +
  • Two Reception Rooms +
  • Three Piece Bathroom Suite +
  • Gardens Front And Rear +
  • Garage To Rear +
  • Close For Local Schools +
  • Sold With No Onward Chain Delay +
  • Council Tax Band - Pending +
  • EPC Rating - D +

INTRODUCTION This 3 bedroom Victorian terraced house, nestled in the highly sought-after area of South Shore, presents an excellent opportunity for those looking for a renovation project. With no onward chain delay, this property is offered with the potential to transform it into a beautiful family home or lucrative investment opportunity.

Situated in a desirable and vibrant location, the property is ideally positioned just a short stroll from a wide range of local shops, schools, and amenities, ensuring convenience for day-to-day living. The area's excellent transport links also make it easy to explore the wider region.

The house itself offers spacious living accommodation spread over two floors. Upon entering, you will find two generous reception rooms, each with the original period features that Victorian properties are known for, such as high ceilings, ornate cornicing, and large windows, providing a sense of space and light. These rooms can easily be reimagined to suit your personal style and requirements, whether you envision a cosy living room, dining area, or a home office.

Beyond the kitchen, there is direct access to the rear garden, providing an excellent outdoor space for a range of uses. The front garden adds further curb appeal, enhancing the property's overall potential charm.

Upstairs, there are three well-proportioned bedrooms. While the interiors are in need of renovation, the space on offer provides the ideal canvas for creating comfortable and stylish living areas. The property also features a family bathroom, which, like the rest of the home, would benefit from modernisation.

Externally, the property boasts a rear garden, providing an ideal area for outdoor living, as well as a garage, offering secure parking and additional storage space. Whether you wish to create a lush green oasis or a more functional outdoor space, the garden is an attractive feature that complements the house.

In summary, this 3-bedroom Victorian terraced house offers huge potential for anyone with a keen eye for design and renovation. With its desirable location in South Shore, a spacious layout, and additional features such as gardens and a garage, it's the perfect investment for buyers seeking a project. The property is offered with no onward chain, making the process straightforward and efficient. Don't miss out on this fantastic opportunity to make this property your own.

Agent Details

Tiger Sales & Lettings, Blackpool

01253 835609

Next Steps?

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