3 Bed Terraced House, Single Let, Blackpool, FY1 5ND, £80,000

Sharow Grove, Blackpool, Lancashire, FY1 5ND - 3 months ago

BTL
ROI: 15%
~93 m²
+5 photos

ValuationUndervalued

Sold Prices£72.5K - £217.5K
Sold Prices/m²£670/m² - £2.1K/m²

 

 

Square Metres

~93 m²
Price/m²£860/m²

Value Estimate

£99,200
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£20,000

Stamp Duty & Legal Fees

£5,200

Total Cash In

£25,200

 

 

Cash Out

 

Rent Range

£650 - £2,000

Rent Estimate

£725

Running Costs/mo

£415

Cashflow/mo

£310

Cashflow/yr

£3,720

ROI

15%

Gross Yield

11%

Local Sold Prices

50 sold prices from £72.5K to £217.5K, average is £118.5K. £670/m² to £2.1K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£123K11/220.02 mi25, Sharow Grove, Blackpool FY1 5NE3
£99K01/210.02 mi55, Sharow Grove, Blackpool FY1 5NE3
£119K02/230.04 mi18, Thirsk Grove, Blackpool FY1 5NH3
£120K08/210.04 mi41, Thirsk Grove, Blackpool FY1 5NH3
£136K01/230.04 mi35, Thirsk Grove, Blackpool FY1 5NH3
£127K11/220.05 mi31, Auburn Grove, Blackpool FY1 5NJ3
£115K03/230.06 mi15, Kingsland Grove, Blackpool FY1 5NN3
£95K02/210.06 mi70, Condor Grove, Blackpool FY1 5LT3
£72.5K06/230.09 mi257, Park Road, Blackpool FY1 5NB3
£104K11/210.1 mi170, Grasmere Road, Blackpool FY1 5NG3
£121K06/230.11 mi224, Park Road, Blackpool FY1 6RS3
£88K02/230.12 mi17, Bela Grove, Blackpool FY1 5PR3
£124K12/200.12 mi52, Bela Grove, Blackpool FY1 5PR3
£124K12/200.12 mi52, Bela Grove, Blackpool FY1 5PR3
£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
£145.5K06/210.13 mi9, Hartford Avenue, Blackpool FY1 6RP3
£75K12/200.14 mi26, Levens Grove, Blackpool FY1 5PP3
£125K12/220.14 mi18, Chadfield Road, Blackpool FY1 5NS3
£77K11/220.14 mi28, Rose Avenue, Blackpool FY1 5NU3
£125K05/210.16 mi51, Boardman Avenue, Blackpool FY1 6QE3
£217.5K03/230.16 mi26, St Vincent Avenue, Blackpool FY1 6RT3
£92.5K06/210.16 mi61, Cunliffe Road, Blackpool FY1 6RY3
£115K06/230.17 mi303, Park Road, Blackpool FY1 6RW3
£192.5K04/210.18 mi24, St Ives Avenue, Blackpool FY1 5RA3
£137.5K11/200.18 mi20, St Ives Avenue, Blackpool FY1 5RA3
£210K07/230.18 mi10, St Ives Avenue, Blackpool FY1 5RA3
£123K05/210.18 mi223, Bloomfield Road, Blackpool FY1 6QG3
£119.5K12/200.18 mi194, Park Road, Blackpool FY1 5QS3
£80K01/230.18 mi27, Wyre Grove, Blackpool FY1 5PW3
£88K07/210.18 mi97, Condor Grove, Blackpool FY1 5QY3
£166K06/210.18 mi130, Condor Grove, Blackpool FY1 5QY3
£125K10/210.18 mi14, Bela Grove, Blackpool FY1 5JZ3
£120K07/210.19 mi70, Queen Victoria Road, Blackpool FY1 5JT3
£93K12/200.2 mi60, Queen Victoria Road, Blackpool FY1 5JX3
£88K07/210.2 mi5, Levens Grove, Blackpool FY1 5LA3
£98.5K06/230.21 mi3, Marina Avenue, Blackpool FY1 6QL3
£103K12/200.21 mi54, Baldwin Grove, Blackpool FY1 6QF3
£84K04/210.21 mi9, Baldwin Grove, Blackpool FY1 6QF3
£82K06/230.22 mi18, Cunliffe Road, Blackpool FY1 6RZ3
£93.5K01/230.22 mi21, Cunliffe Road, Blackpool FY1 6RZ3
£140K06/230.22 mi36, Queen Victoria Road, Blackpool FY1 5JY3
£134K03/230.22 mi20, Stoke Avenue, Blackpool FY1 6QB3
£100K01/230.22 mi86, Lune Grove, Blackpool FY1 5PH3
£114K12/200.23 mi10, Ferguson Road, Blackpool FY1 6RL3
£157K07/230.23 mi23, Ferguson Road, Blackpool FY1 6RL3
£110K01/230.23 mi25, Boardman Avenue, Blackpool FY1 6QD3
£145K07/210.23 mi321, Park Road, Blackpool FY1 6RH3
£145K04/210.24 mi22, Kirkham Avenue, Blackpool FY1 6RJ3

Local Rents

48 rents from £650/mo to £2K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£80005/240.12 miCunliffe Road, Great Marton, Blackpool, FY13
£75004/240.12 miCunliffe Road, Blackpool, FY1 6SD3
£95001/250.12 mi-3
£82504/240.16 miBoardman Avenue, Blackpool, FY1 6QE3
£79504/240.16 miAnsdell Road, Blackpool, Lancashire, FY15LX3
£82504/240.18 miWyre Grove, Blackpool3
£1,10005/240.18 mi-3
£1,10004/240.19 mi92 Grasmere Road3
£85005/240.22 mi-3
£78004/240.26 mi-3
£75001/250.26 mi-3
£80004/240.29 miPark Road, Blackpool, FY1 5QN3
£1,25004/240.3 mi-3
£1,25004/240.3 miHudson Road, Blackpool, FY13
£85003/250.3 mi-3
£72504/240.32 miAnsdell Road, Blackpool3
£1,20003/250.36 mi-3
£85004/250.37 mi-3
£80005/240.37 mi28 Gloucester Avenue3
£95004/240.37 miHarris Avenue, FY1 6NJ3
£1,10003/250.39 mi-3
£72504/240.39 miHarrison Street, Blackpool, Lancashire, FY13
£72504/240.4 miLindsay Avenue, Blackpool3
£90004/240.44 miWilkinson Avenue, Blackpool3
£85004/240.46 mi34 Woodland Grove3
£77504/240.47 miErdington Road, Blackpool3
£89502/250.5 mi-3
£80005/240.5 mi-3
£80005/240.5 mi-3
£90005/240.51 mi57 Gainsborough Road, Blackpool. FY1 4DZ3
£1,20012/240.52 mi-3
£95002/250.52 mi-3
£1,05004/250.52 mi-3
£95001/240.56 mi-3
£85005/240.56 mi-3
£79512/240.56 mi-3
£79501/250.56 mi-3
£2,00002/250.56 mi-3
£2,00002/250.56 mi-3
£80004/240.57 mi16 Harley Road, Blackpool, FY3 9DY3
£85004/240.58 miSedbergh Avenue, Blackpool3
£90002/250.58 mi-3
£82505/240.59 miWestwood Avenue, Blackpool3
£70012/240.59 mi-3
£95005/240.6 mi8 Westwood Avenue, Blackpool, FY3 9DW3
£65004/240.61 miSedburgh Avenue, Blackpool3
£80004/240.62 miPhillip Street, Blackpool, Lancashire, FY43
£95005/240.62 mi-3

Local Area Statistics

Population in FY1

33,505

Population in Blackpool

133,713

Town centre distance

1.30 miles away

Nearest school

0.20 miles away

Nearest train station

0.76 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+26%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £80,000

February 5, 2025

Description

  • Ideal First/Last Time Buy or Investment: This three-bedroom mid-terrace house offers versatility, suiting both those stepping onto the property ladder and investors seeking a buy-to-let opportunity. +
  • Spacious Ground Floor: The property boasts an entrance hall, a comfortable living room, and a good-sized fitted kitchen diner, providing ample living space. +
  • Three Bedrooms & Modern Bathroom: The first floor comprises three bedrooms and a three-piece bathroom suite, catering to families or sharers. +
  • Modern Comfort & Efficiency: Benefit from electric heating and uPVC double glazing, ensuring a warm and energy-efficient home. +
  • Private Gardens: Enjoy a walled front garden for added privacy and a good-sized paved rear garden, perfect for outdoor relaxation. +
  • No Onward Chain: Streamlined purchase process with no onward chain, making for a potentially quicker and smoother transaction. Viewing highly recommended. +

A FANTASTIC TERRACED HOME FOUND IN A POPULAR RESIDENTIAL LOCATION THAT OFFERS EXCELLENT VALUE FOR MONEY
This property is currently under offer at £84,000.

Anyone wishing to make an offer over and above this amount should contact the selling agents Entwistle Green on prior to the exchange of contracts.

This three-bedroom mid-terrace house presents an excellent opportunity for first-time buyers, or savvy buy-to-let investors. Internally, the ground floor comprises an inviting entrance hall leading to a comfortable living room, and a good-sized fitted kitchen diner perfect for everyday living. Upstairs, you'll find three bedrooms complemented by a three-piece bathroom suite. The property benefits from electric heating and uPVC double glazing, ensuring comfort and efficiency. Outside, there's a walled front garden and a good-sized paved rear garden, offering space for relaxation. Offered with no onward chain, this property is ready for you to move straight in. Early viewing is highly recommended to avoid disappointment.

Agent Details

Entwistle Green, Blackpool

01253 835054

Next Steps?

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