3 Bed Terraced House, Single Let, Blackpool, FY1 5JS, £65,000

35 Queen Victoria Road, Blackpool - 2 months ago

Auction
BTL
ROI: 19%
~71 m²
+6 photos

ValuationUndervalued

Sold Prices£55K - £150K
Sold Prices/m²£611/m² - £1.7K/m²

 

 

Square Metres

~71.29 m²
Price/m²£912/m²

Value Estimate

£80,785
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£16,250

Stamp Duty & Legal Fees

£4,450

Total Cash In

£20,700

 

 

Cash Out

 

Rent Range

£575 - £2,000

Rent Estimate

£694

Running Costs/mo

£362

Cashflow/mo

£332

Cashflow/yr

£3,985

ROI

19%

Gross Yield

13%

Local Sold Prices

50 sold prices from £55K to £150K, average is £101K. £611/m² to £1.7K/m², average is £1.1K/m².

PriceDateDistanceAddressBeds 
£93K12/200.02 mi60, Queen Victoria Road, Blackpool FY1 5JX3
£120K07/210.04 mi70, Queen Victoria Road, Blackpool FY1 5JT3
£125K10/210.06 mi14, Bela Grove, Blackpool FY1 5JZ3
£140K06/230.07 mi36, Queen Victoria Road, Blackpool FY1 5JY3
£88K07/210.08 mi5, Levens Grove, Blackpool FY1 5LA3
£77K11/220.09 mi28, Rose Avenue, Blackpool FY1 5NU3
£146K08/210.11 mi24, Durley Road, Blackpool FY1 6LX3
£95K01/210.11 mi10, Durley Road, Blackpool FY1 6LX3
£105K11/210.12 mi109, Grasmere Road, Blackpool FY1 5NQ3
£99K06/210.12 mi99, Grasmere Road, Blackpool FY1 5NQ3
£118K03/230.12 mi109, Grasmere Road, Blackpool FY1 5NQ3
£110K02/230.13 mi5, Shetland Road, Blackpool FY1 6LP3
£97.5K03/210.13 mi18, Shetland Road, Blackpool FY1 6LP3
£105K01/230.13 mi11, Shetland Road, Blackpool FY1 6LP3
£125K12/220.13 mi18, Chadfield Road, Blackpool FY1 5NS3
£104K11/210.14 mi170, Grasmere Road, Blackpool FY1 5NG3
£98.5K06/230.14 mi3, Marina Avenue, Blackpool FY1 6QL3
£124K12/200.15 mi52, Bela Grove, Blackpool FY1 5PR3
£124K12/200.15 mi52, Bela Grove, Blackpool FY1 5PR3
£88K02/230.15 mi17, Bela Grove, Blackpool FY1 5PR3
£75K12/200.15 mi26, Levens Grove, Blackpool FY1 5PP3
£122K10/210.16 mi9, Falmouth Road, Blackpool FY1 6LH3
£97.5K12/200.17 mi20, Dunelt Road, Blackpool FY1 6LS3
£135K06/230.17 mi44, Dunelt Road, Blackpool FY1 6LS3
£80K01/230.17 mi27, Wyre Grove, Blackpool FY1 5PW3
£83K08/210.17 mi11, Hudson Road, Blackpool FY1 6LY3
£85K11/200.17 mi38, Hudson Road, Blackpool FY1 6LY3
£120K09/210.17 mi1, Hudson Road, Blackpool FY1 6LY3
£95K11/210.18 mi9, Queen Victoria Road, Blackpool FY1 5LF3
£80K11/200.19 mi63, Westfield Road, Blackpool FY1 6NX3
£55K02/210.19 mi70, Westfield Road, Blackpool FY1 6NX3
£120K08/210.2 mi41, Thirsk Grove, Blackpool FY1 5NH3
£136K01/230.2 mi35, Thirsk Grove, Blackpool FY1 5NH3
£119K02/230.2 mi18, Thirsk Grove, Blackpool FY1 5NH3
£95K02/210.2 mi70, Condor Grove, Blackpool FY1 5LT3
£90K10/210.21 mi58, Grasmere Road, Blackpool FY1 5PQ3
£60K08/210.21 mi5, Henry Street, Blackpool FY1 5JG3
£82K06/230.21 mi18, Cunliffe Road, Blackpool FY1 6RZ3
£93.5K01/230.21 mi21, Cunliffe Road, Blackpool FY1 6RZ3
£99K01/210.21 mi55, Sharow Grove, Blackpool FY1 5NE3
£123K11/220.21 mi25, Sharow Grove, Blackpool FY1 5NE3
£104.5K11/210.21 mi47, Shetland Road, Blackpool FY1 6LW3
£88K10/200.21 mi51, Shetland Road, Blackpool FY1 6LW3
£120K05/210.21 mi44, Shetland Road, Blackpool FY1 6LW3
£103K02/230.21 mi35, Shetland Road, Blackpool FY1 6LW3
£95K11/200.21 mi41, Shetland Road, Blackpool FY1 6LW3
£117.5K03/230.21 mi32, Shetland Road, Blackpool FY1 6LW3
£150K12/220.21 mi46, Shetland Road, Blackpool FY1 6LW3
£108K02/230.22 mi18, Westmorland Avenue, Blackpool FY1 5LG3
£92.5K06/210.22 mi61, Cunliffe Road, Blackpool FY1 6RY3

Local Rents

42 rents from £575/mo to £2K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£79504/240.05 miAnsdell Road, Blackpool, Lancashire, FY15LX3
£1,10004/240.13 mi92 Grasmere Road3
£75001/250.13 mi-3
£1,10005/240.13 mi-3
£1,25004/240.16 miHudson Road, Blackpool, FY13
£1,25004/240.16 mi-3
£82504/240.18 miWyre Grove, Blackpool3
£95001/250.19 mi-3
£78004/240.23 mi-3
£85003/250.23 mi-3
£82504/240.25 miBoardman Avenue, Blackpool, FY1 6QE3
£80005/240.29 miCunliffe Road, Great Marton, Blackpool, FY13
£89502/250.3 mi-3
£75004/240.31 miCunliffe Road, Blackpool, FY1 6SD3
£1,20003/250.32 mi-3
£72504/240.32 miAnsdell Road, Blackpool3
£1,20012/240.32 mi-3
£95002/250.32 mi-3
£1,10003/250.34 mi-3
£95004/240.35 miHarris Avenue, FY1 6NJ3
£80004/240.38 miPark Road, Blackpool, FY1 5QN3
£72504/240.39 miHarrison Street, Blackpool, Lancashire, FY13
£77504/240.39 miErdington Road, Blackpool3
£85005/240.4 mi-3
£1,00012/240.42 mi-3
£1,73302/250.5 mi-3
£80005/240.51 mi28 Gloucester Avenue3
£57501/240.52 mi-3
£95005/240.52 mi-3
£95005/240.52 miHaig Road, Blackpool, FY13
£1,10004/240.54 miPrincess Street3
£90001/250.55 mi-3
£70004/240.56 miFlat 2, 16 Coop Street3
£2,00002/250.56 mi-3
£2,00002/250.56 mi-3
£65005/240.58 miShaw Road, Blackpool3
£80005/240.59 mi-3
£80005/240.59 mi-3
£70012/240.6 mi-3
£82504/240.6 miBickerstaffe Street, Blackpool3
£72504/240.61 miLindsay Avenue, Blackpool3
£87011/240.61 mi-3

Local Area Statistics

Population in FY1

33,505

Population in Blackpool

133,713

Town centre distance

1.52 miles away

Nearest school

0.20 miles away

Nearest train station

0.57 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+26%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Price changed to £65,000

March 24, 2025

Listed for £60,000

February 4, 2025

Floor Plans

Description

  • 3 Bedroom Mid-Terraced Property +
  • Fantastic Investment Opportunity Or First Time Buy +
  • Within Close Proximity To Blackpool Football Club, Local Shops, Amenities And Schools +
  • Hallway, Lounge, Dining Room With Patio Doors, Kitchen +
  • 3 Bedrooms, 2 Boasting Fitted Wardrobes, 3 Piece Suite Bathroom +
  • West Facing Garden, Garage +
  • uPVC Double Glazing, Gas Central Heating +

Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £60,000.

Presenting a fantastic opportunity for investors or first-time buyers alike, this 3-bedroom mid-terraced house comes to the market with no onward chain. Situated close to Blackpool Football Club, local shops, amenities, and schools, this property is sure to appeal to a variety of buyers. The accommodation comprises a hallway leading to a lounge, dining room with patio doors offering an abundance of natural light, and a fitted kitchen. Upstairs, there are three bedrooms, with two benefitting from fitted wardrobes, and a three-piece suite bathroom. The property also boasts a west-facing garden, perfect for enjoying the afternoon sun, as well as a garage for convenient parking. Additional features include uPVC double glazing and gas central heating.

Please note, any viewings or offers that take place from this moment must be placed through the auction T&Cs as per the Sellers agreement.

EPC Rating: C

Agent Details

Stephen Tew Estate Agents, Blackpool

01256 961179

Next Steps?

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