2 Bed Semi-Detached House, Refurb/BRRR, Blackpool, FY4 2QF, £180,000

Dalton Avenue, BLACKPOOL, Lancashire, FY4 2QF - 1 views - 2 months ago

Refurb/BRRR
~68 m²
+12 photos

ValuationOvervalued

Sold Prices£71K - £235K
Sold Prices/m²£865/m² - £3.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.6K/m²

Value Estimate

£118,798

 

 

End Value (After Refurb)

£160,125

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£6,600

Refurb Costs

£27,882

Bridging Loan Interest

£4,725

Total Cash In

£85,957

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£160,125

Mortgage (After Refinance)

£120,094

Mortgage LTV

75%

Cash Left In

£85,957

Equity

£40,031

Rent Range

£500 - £950

Rent Estimate

£665

Running Costs/mo

£653

Cashflow/mo

£12

Cashflow/yr

£139

ROI

0%

Gross Yield

4%

Local Sold Prices

50 sold prices from £71K to £235K, average is £115K. £865/m² to £3.2K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£185K12/200.07 mi19, Selby Avenue, Blackpool FY4 2LY2
£123K11/210.08 mi127, Abbey Road, Blackpool FY4 2PY2
£195K09/210.14 mi6, Lawn Tennis Court, Blackpool FY4 2NJ2
£130K10/200.15 mi50, Roseacre, Blackpool FY4 2PL2
£138.4K06/230.19 mi12, Kimberley Avenue, Blackpool FY4 2LS2
£145K01/240.24 mi4, Byland Close, Blackpool FY4 2QD2
£118K12/220.25 mi16, Ivy Avenue, Blackpool FY4 3QG2
£115K05/230.27 mi70, Orchard Avenue, Blackpool FY4 2NY2
£130K11/220.29 mi13, Abbey Road, Blackpool FY4 2LB2
£106K12/200.32 mi21, Ivy Avenue, Blackpool FY4 3QF2
£79K11/210.33 mi23, Boome Street, Blackpool FY4 2JX2
£87.5K10/210.33 mi25, Boome Street, Blackpool FY4 2JX2
£90K12/200.36 mi12, Endsleigh Gardens, Blackpool FY4 3PA2
£81.5K03/210.36 mi44, Endsleigh Gardens, Blackpool FY4 3PA2
£95K01/240.36 mi54, Endsleigh Gardens, Blackpool FY4 3PA2
£171K02/210.37 mi14, Wyndham Gardens, Blackpool FY4 3NX2
£89K05/210.41 mi15, Lodore Road, Blackpool FY4 2JL2
£93K05/210.41 mi18, Lodore Road, Blackpool FY4 2JL2
£113K03/210.44 mi213, Highfield Road, Blackpool FY4 3NS2
£112K02/240.45 mi88, Lindale Gardens, Blackpool FY4 3PQ2
£137.5K03/230.45 mi80, Endsleigh Gardens, Blackpool FY4 3PB2
£145K08/230.47 mi14, East Gate Close, Lytham St Annes, Lancashire FY8 2SL2
£111K11/200.47 mi89, Endsleigh Gardens, Blackpool FY4 3PN2
£107K04/230.48 mi12, Margate Avenue, Blackpool FY4 3PF2
£140K01/240.48 mi3, Margate Avenue, Blackpool FY4 3PF2
£190K02/230.48 mi6, Harrington Avenue, Blackpool FY4 1QE2
£150K12/220.5 mi17, Martin Avenue, Lytham St Annes, Lancashire FY8 2SJ2
£130K05/210.5 mi21, Nateby Avenue, Blackpool FY4 3QY2
£110K11/200.5 mi17, Nateby Avenue, Blackpool FY4 3QY2
£118K12/210.54 mi132, Edgeway Road, Blackpool FY4 3QZ2
£110K03/230.55 mi10, The Brambles, Lytham St Annes, Lancashire FY8 2SF2
£106K07/210.55 mi11, The Brambles, Lytham St. Annes, Lancashire FY8 2SF2
£107.5K12/220.61 mi52, Willowbank Avenue, Blackpool FY4 3NB2
£100K06/210.64 mi28, Henson Avenue, Blackpool FY4 3LY2
£111K02/230.7 mi11, Lowstead Place, Blackpool FY4 3LG2
£115K12/230.7 mi30, Stamford Avenue, Blackpool FY4 2BJ2
£115K04/230.7 mi34, Stamford Avenue, Blackpool FY4 2BJ2
£71K03/210.71 mi53, Common Edge Road, Blackpool FY4 5AX2
£116K12/220.72 mi29, Pedders Lane, Blackpool FY4 3HY2
£85K04/230.74 mi23, Rangeway Avenue, Blackpool FY4 2DJ2
£110K01/210.74 mi22, Southworth Avenue, Blackpool FY4 3LH2
£160K06/230.77 mi165, Common Edge Road, Blackpool FY4 5DL2
£193K11/200.85 mi33, Helmsdale Road, Blackpool FY4 5AR2
£235K06/230.85 mi40, Helmsdale Road, Blackpool FY4 5AR2
£195K03/230.9 mi11, Blossom Avenue, Blackpool FY4 5AT2
£108K10/200.91 mi11, Marton Fold, Blackpool FY4 5FJ2
£220K11/220.91 mi16, Avondale Crescent, Blackpool FY4 5AS2
£95K02/210.92 mi26, Thames Road, Blackpool FY4 1ED2
£177.5K11/200.93 mi42, Avondale Crescent, Blackpool FY4 5AS2
£180K11/210.93 mi34, Avondale Crescent, Blackpool FY4 5AS2

Local Rents

23 rents from £500/mo to £950/mo, average is £660/mo.

RentDateDistanceAddressBeds 
£95002/250.01 mi-2
£85004/240.07 mi13 Selby Avenue2
£75004/240.21 miPrimrose Avenue, Blackpool2
£57505/240.31 miStonycroft Place, South Shore, Blackpool, FY4 1RQ2
£65004/240.32 miBoome Street, Blackpool2
£77504/240.33 miBoome Street, Blackpool2
£69502/250.38 mi-2
£67512/240.4 mi-2
£57505/240.43 mi-2
£60004/240.44 miHarrowside, Blackpool, FY4 1QN2
£60005/240.44 mi-2
£67501/240.45 mi-2
£65004/240.48 miWillowbank Avenue, Blackpool, FY4 3ND2
£54204/240.57 miHorncliffe Road, Blackpool, FY4 1LN2
£75003/250.58 mi-2
£67502/250.58 mi-2
£67502/250.58 mi-2
£52504/240.59 miHorncliffe Road, Blackpool, FY4 1LN2
£60004/240.6 mi-2
£50004/240.61 miFlat 81, Lindsay Court, New Road, St. Annes2
£69512/240.61 mi-2
£66004/240.62 mi-2
£66012/240.62 mi-2

Local Area Statistics

Population in FY4

43,982

Population in Blackpool

133,713

Town centre distance

2.71 miles away

Nearest school

0.20 miles away

Nearest train station

0.55 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+58%

Sales demand

Balanced market

Capital growth (5yrs)

+12%

Property History

Listed for £180,000

February 7, 2025

Floor Plans

Description

  • VACANT & CHAIN FREE: Ready to move in or let immediately! +
  • SPACIOUS LIVING: Bay-fronted lounge with feature fireplace. +
  • TWO DOUBLE BEDROOMS: Plus a well-appointed bathroom suite. +
  • GENEROUS CORNER PLOT: Wrap-around gardens, driveway, and garage. +
  • PRIME LOCATION: Close to shops, amenities, and transport links. +
  • MODERNISATION POTENTIAL: An opportunity to add your own style. +

BOASTING A WEALTH OF POTENTIAL THIS CHAIN-FREE BUNGALOW MUST BE VIEWED!
This well-presented semi-detached bungalow offers a fantastic opportunity for those seeking a ready-to-move-in home or investment property. The spacious accommodation comprises two double bedrooms, a modern bathroom suite, and a generously sized bay-fronted lounge featuring a fireplace, perfect for relaxation and entertaining. Situated on a desirable corner plot, the property boasts wrap-around gardens, a private driveway leading to a detached garage, and ample potential for further modernization to create your dream home.

Inside, you'll find a welcoming entrance hall leading to the bright and airy lounge, a well-equipped kitchen with integrated appliances, and two comfortable bedrooms, one with fitted wardrobes. The bathroom is fitted with a modern suite and an electric shower over the bath. Externally, the paved gardens are stocked with a variety of plants and shrubs, providing a tranquil outdoor space. Located in a pleasant area, this bungalow is conveniently close to local shops, amenities, and transport links, making it an ideal choice for discerning buyers. Don't miss out on this exceptional opportunity – early viewing is highly recommended!

Agent Details

Entwistle Green, Blackpool

01253 835054

Next Steps?

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