2 Bed Terraced House, Single Let, Blackpool, FY2 9JF, £105,000

6 Melville Road, Bispham, FY2 9JF - 3 months ago

Sold STC
BTL
ROI: 3%
83 m²
+4 photos

ValuationUndervalued

Sold Prices£85K - £305K
Sold Prices/m²£1.2K/m² - £3.7K/m²

 

 

Square Metres

83 m²
Price/m²£1.3K/m²

Value Estimate

£135,300
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£26,250

Stamp Duty & Legal Fees

£4,500

Total Cash In

£30,750

 

 

Cash Out

 

Rent Range

£530 - £900

Rent Estimate

£553

Running Costs/mo

£459

Cashflow/mo

£94

Cashflow/yr

£1,131

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £85K to £305K, average is £176.3K. £1.2K/m² to £3.7K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£125K10/220.12 mi121, Cavendish Road, Bispham, Blackpool FY2 9NJ2
£116K12/200.18 mi41, Bryning Avenue, Bispham, Blackpool FY2 9LU2
£145K05/230.18 mi55, Beaufort Avenue, Bispham, Blackpool FY2 9AT2
£180K07/220.19 mi16, Landseer Avenue, Bispham, Blackpool FY2 9EF2
£105K02/210.21 mi54, Bryning Avenue, Blackpool FY2 9LZ2
£159.9K11/210.22 mi20, Montpelier Avenue, Blackpool FY2 9AE2
£245K07/220.22 mi14, Salop Avenue, Bispham, Blackpool FY2 9NB2
£250K06/220.26 mi592, Devonshire Road, Bispham, Blackpool FY2 0JU2
£155K07/230.26 mi14, Cranleigh Avenue, Bispham, Blackpool FY2 9LG2
£250K04/230.28 mi546, Devonshire Road, Bispham, Blackpool FY2 0JT2
£215K12/220.4 mi44, Hanover Crescent, Bispham, Blackpool FY2 9DL2
£148K11/200.4 mi4, Hanover Crescent, Bispham, Blackpool FY2 9DL2
£114K06/230.41 mi12, Blackpool Road, Bispham, Blackpool FY2 0HR2
£115K06/230.41 mi6, Blackpool Road, Bispham, Blackpool FY2 0HR2
£159K05/210.41 mi83, Everest Drive, Blackpool FY2 9DJ2
£107K11/200.42 mi42, Blackpool Road, Blackpool FY2 0HT2
£123K09/210.43 mi175, Holmfield Road, Blackpool FY2 9PU2
£235K08/230.45 mi3, Lanark Avenue, Bispham, Blackpool FY2 9DN2
£145K05/210.45 mi12, Falkirk Avenue, Bispham, Blackpool FY2 9DD2
£205K06/230.45 mi12, Falkirk Avenue, Bispham, Blackpool FY2 9DD2
£139.3K06/210.47 mi3, Codale Avenue, Blackpool FY2 0BA2
£115K04/210.47 mi7, Codale Avenue, Bispham, Blackpool FY2 0BA2
£184.9K12/220.5 mi1, Glossop Close, Blackpool FY2 9DE2
£237.5K05/210.52 mi19, Duncan Avenue, Blackpool FY2 9DB2
£205K08/210.52 mi122, Warbreck Drive, Blackpool FY2 9PN2
£175K03/210.53 mi16, Boston Avenue, Blackpool FY2 9BZ2
£220K12/220.53 mi16, Boston Avenue, Blackpool FY2 9BZ2
£255K09/210.54 mi6, Village Way, Bispham, Blackpool FY2 0AH2
£238K09/210.56 mi12, Duchess Drive, Blackpool FY2 9PQ2
£230K01/230.56 mi18, Duchess Drive, Bispham, Blackpool FY2 9PQ2
£115K08/210.58 mi82, Ashfield Road, Blackpool FY2 0DJ2
£85K11/210.58 mi20, Ashfield Road, Blackpool FY2 0DJ2
£98K07/230.58 mi26, Ashfield Road, Bispham, Blackpool FY2 0DJ2
£177.5K12/220.62 mi12, Fairfax Avenue, Bispham, Blackpool FY2 0DA2
£296K09/210.63 mi28, Ashley Close, Blackpool FY2 0RF2
£285K11/210.63 mi14, Ashley Close, Blackpool FY2 0RF2
£216K07/230.63 mi17, Ashley Close, Bispham, Blackpool FY2 0RF2
£238K11/210.63 mi9, Lowther Avenue, Bispham, Blackpool FY2 9PA2
£258K06/230.65 mi35, Shirley Crescent, Bispham, Blackpool FY2 0AA2
£158K06/230.67 mi28, Fairfax Avenue, Bispham, Blackpool FY2 0DA2
£219K12/220.68 mi65, Guildford Avenue, Blackpool FY2 0AB2
£180K12/200.68 mi54, Guildford Avenue, Blackpool FY2 0AB2
£112.5K03/230.68 mi25, Normandie Avenue, Blackpool FY2 0LE2
£130K03/230.68 mi15, Normandie Avenue, Blackpool FY2 0LE2
£166K05/210.69 mi3, Kirkstone Drive, Thornton-cleveleys, Blackpool FY5 1QL2
£146.8K08/210.69 mi133, Kirkstone Drive, Thornton-cleveleys, Blackpool FY5 1QL2
£195K12/220.7 mi1, Fairfax Avenue, Bispham, Blackpool FY2 0BY2
£186K01/210.7 mi2a, Oakland Avenue, Thornton-cleveleys, Blackpool FY5 1RX2
£305K10/220.73 mi683, Devonshire Road, Blackpool FY2 0AE2
£175K06/230.74 mi129, Ashfield Road, Bispham, Blackpool FY2 0BU2

Local Rents

23 rents from £530/mo to £900/mo, average is £695/mo.

RentDateDistanceAddressBeds 
£65004/240.11 miSandhurst Avenue, Blackpool, Lancashire, FY22
£62504/240.11 miSandhurst Avenue, FY22
£57504/240.15 miRed Bank Road, Blackpool, FY22
£70004/240.15 mi-2
£67504/240.32 miCavendish Road, Bispham, Blackpool2
£75004/240.34 mi4 Haddon Road, Blackpool, Blackpool2
£75004/240.34 mi4 Haddon Road, Blackpool, Blackpool2
£53004/240.34 miHaddon Road, Blackpool, Lancashire, FY22
£77504/240.37 miQueens Promenade, Blackpool2
£59504/240.39 miChatsworth Avenue, FY22
£79504/240.4 mi162 Queens Promenade, Bispham, Blackpool2
£69504/240.41 miQueens Promenade, Blackpool, Lancashire, FY22
£69504/240.43 miMunster Avenue, Blackpool, FY2 0HG2
£75004/250.45 mi-2
£75005/240.45 miAdmiral View, Bispham, Blackpool, FY22
£75001/250.45 mi-2
£75002/250.45 mi-2
£90004/240.47 mi-2
£85004/240.47 mi-2
£62511/230.47 mi-2
£69505/240.47 mi-2
£69504/240.47 miPembroke Court, Blackpool, FY22
£69002/250.6 mi-2

Local Area Statistics

Population in FY2

24,589

Population in Blackpool

133,713

Town centre distance

2.80 miles away

Nearest school

0.40 miles away

Nearest train station

1.30 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+50%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Price changed to £105,000

February 24, 2025

Listed for £110,000

February 1, 2025

Floor Plans

Description

  • *Deceptively Spacious Terrace House +
  • *Two Bedrooms +
  • *Two Reception Rooms +
  • *Walking Distance To Red Bank Road with All Transport Links & Amenities +
  • *Available With No Onward Chain +
  • *Ideal First Time Purchase +

*Deceptively Spacious Terrace House *Two Bedrooms *Two Reception Rooms *Walking Distance To Red Bank Road with All Transport Links & Amenities *Available With No Onward Chain *Ideal First Time Purchase

Porch - 0.98 x 0.94 (3'2" x 3'1") - Access from front courtyard garden. Internal door leading into open plan lounge/diner. Carpet and ceiling light.

Hallway - Stairs to front leading to first floor landing.

Lounge - 4.54 x 3.21 (14'10" x 10'6") - UPVC double glazed bay window to front. Carpet, radiator and ceiling lights.

Dining Room - 3.98 x 3.21 (13'0" x 10'6") - UPVC double glazed window to rear. Carpet, radiator and ceiling lights.

Kitchen - 2.59 x 2.21 (8'5" x 7'3") - UPVC double glazed window to rear. UPVC door to side leading to rear garden. Wall and base units with worktop above. Stainless steel sink unit with mixer tap above. Electric oven and electric hob. Under stairs storage. Plumbed for washing machine. Vinyl flooring, ceiling light and radiator.

First Floor Landing - Split level first floor landing. Access to all first floor rooms. Newly carpeted, ceiling light, radiator and suspended ceiling.

Bedroom One - 4.26 x 3.61 (13'11" x 11'10") - UPVC double glazed windows to front. Wall to ceiling fitted, mirrored wardrobes. Newly carpeted, ceiling lights, radiator and suspended ceiling.

Bedroom Two - 4.11 x 2.59 (13'5" x 8'5") - UPVC double glazed window to rear. Decorative iron fireplace to chimney breast. Fitted cupboard. Newly carpeted, radiator and ceiling lights.

Bathroom - 2.59 x 2.21 (8'5" x 7'3") - UPVC double glazed opaque window to rear. Three piece bathroom suite comprising, panel bath with shower above and glass partition, low flush WC and pedestal wash hand basin. Vinyl floor, ceiling lights and radiator.

Front Exterior - Small front courtyard with pathway leading to front door.

Rear Exterior - Paved rear courtyard garden. Up and over garage door providing access from rear alleyway.
Rear garden can be used as parking for an appropriate vehicle.

Further Information - Tenure - Freehold
EPC Rating C
Council Tax Band - B - Blackpool Borough Council
Gas Central Heating
Double Glazing

Agent Details

iMove Sales and Lettings, Poulton-Le-Fylde

01253 835949

Next Steps?

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