3 Bed Terraced House, Motivated Seller, Blackpool, FY4 4EN, £105,000

Vicarage Lane, Blackpool, Lancashire, FY4 4EN - 8 views - 3 months ago

Motivated
BTL
ROI: 5%
~93 m²
+12 photos

ValuationUndervalued

Sold Prices£53.5K - £229.9K
Sold Prices/m²£681/m² - £2.6K/m²

 

 

Square Metres

~93 m²
Price/m²£1.1K/m²

Value Estimate

£120,353
BMV9%

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

£575 - £1,100

Rent Estimate

£631

Running Costs/mo

£474

Cashflow/mo

£157

Cashflow/yr

£1,880

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £53.5K to £229.9K, average is £117.5K. £681/m² to £2.6K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£76.5K02/230.05 mi15, Terance Road, Blackpool FY4 4ER3
£162K06/230.05 mi11, Fairway Road, Blackpool FY4 4AZ3
£170K04/210.06 mi29, Daggers Hall Lane, Blackpool FY4 4AY3
£145K01/210.06 mi17, Daggers Hall Lane, Blackpool FY4 4AY3
£140K03/230.08 mi49, Morley Road, Blackpool FY4 4EP3
£125K03/230.13 mi18, Colwyn Avenue, Blackpool FY4 4ET3
£80.5K09/210.13 mi21, Crossland Road, Blackpool FY4 4BD3
£53.5K12/200.13 mi37, Crossland Road, Blackpool FY4 4BD3
£136K03/230.14 mi88, Vicarage Lane, Blackpool FY4 4EL3
£125K09/210.17 mi19, Stretton Avenue, Blackpool FY4 4AQ3
£138K03/230.17 mi14, Stretton Avenue, Blackpool FY4 4AQ3
£125K11/210.17 mi35, Colwyn Avenue, Blackpool FY4 4EU3
£97K12/200.18 mi73, Ellesmere Road, Blackpool FY4 3DS3
£145K02/230.2 mi22, Longway, Blackpool FY4 4NJ3
£229.9K03/230.21 mi4, Wanstead Crescent, Blackpool FY4 4AR3
£85K10/230.22 mi43, Arnott Road, Blackpool FY4 4ED3
£132.5K03/230.22 mi60, Arnott Road, Blackpool FY4 4ED3
£80K03/210.22 mi47, Arnott Road, Blackpool FY4 4ED3
£140K11/210.22 mi33, Rectory Road, Blackpool FY4 4DU3
£95K08/210.22 mi17, Burnside Avenue, Blackpool FY4 4AF3
£165K03/230.23 mi62, Macauley Avenue, Blackpool FY4 4YF3
£102K05/230.23 mi6, Ilford Road, Blackpool FY4 4EB3
£148K09/210.23 mi32, Scott Close, Blackpool FY4 4YA3
£80K12/200.23 mi40, Rectory Road, Blackpool FY4 4DX3
£73.5K12/230.23 mi30, Rectory Road, Blackpool FY4 4DX3
£96K03/230.23 mi25, Sedbergh Avenue, Blackpool FY4 4DQ3
£95K10/210.24 mi164, Harcourt Road, Blackpool FY4 3HN3
£90K08/210.24 mi146, Harcourt Road, Blackpool FY4 3HN3
£145K12/230.25 mi17, East Side, Blackpool FY4 4YD3
£62K02/210.26 mi23, Millington Avenue, Blackpool FY4 3HE3
£154K12/230.26 mi13, Angers Hill Road, Blackpool FY4 4EX3
£149.9K11/230.26 mi25, Angers Hill Road, Blackpool FY4 4DG3
£142K03/210.27 mi63, Halton Gardens, Blackpool FY4 4XR3
£130K11/230.28 mi9, Ryburn Avenue, Blackpool FY4 4DY3
£120K08/210.29 mi156, Hawes Side Lane, Blackpool FY4 4AA3
£79K02/210.3 mi183, Watson Road, Blackpool FY4 3EN3
£135K08/210.3 mi5, Bridge House Road, Blackpool FY4 4XX3
£93K06/210.31 mi151, Marsden Road, Blackpool FY4 3DT3
£83.8K04/210.31 mi80, Marsden Road, Blackpool FY4 3DU3
£130K05/210.31 mi469, Waterloo Road, Blackpool FY4 4BW3
£110K08/210.32 mi270, Watson Road, Blackpool FY4 3EG3
£115K03/230.32 mi268, Watson Road, Blackpool FY4 3EG3
£150K06/230.32 mi25, Marton Drive, Blackpool FY4 3DF3
£106K11/200.32 mi7, Saxby Grove, Blackpool FY4 4LA3
£88K11/200.33 mi23, Elaine Avenue, Blackpool FY4 4LD3
£75K12/200.33 mi53, Powell Avenue, Blackpool FY4 3HQ3
£78K03/210.33 mi61, Powell Avenue, Blackpool FY4 3HQ3
£172K05/230.34 mi14, Halton Gardens, Blackpool FY4 4LZ3
£110K05/230.34 mi59, Loftos Avenue, Blackpool FY4 3HA3
£112K05/210.35 mi18, Dewhurst Avenue, Blackpool FY4 3EL3

Local Rents

35 rents from £575/mo to £1.1K/mo, average is £825/mo.

RentDateDistanceAddressBeds 
£89512/240.04 mi-3
£97503/250.04 mi-3
£89505/240.04 miVicarage Lane, Blackpool, FY43
£69505/240.13 mi21 Crossland Road3
£90004/240.13 mi-3
£79504/240.16 miSt. Edmunds Road, Blackpool3
£70012/240.22 mi-3
£65004/240.23 miSedburgh Avenue, Blackpool3
£87505/240.24 mi-3
£87503/250.24 mi-3
£85004/250.28 mi-3
£85004/240.3 miSedbergh Avenue, Blackpool3
£77504/240.31 miMarsden Road, Blackpool3
£77505/240.33 miPowell Avenue, Blackpool, FY4 3HQ3
£75005/240.37 miHarcourt Road, Blackpool, FY4 3HW3
£75004/240.38 mi-3
£75004/240.38 miDewhurst Avenue, Blackpool, FY43
£80004/240.38 miPhillip Street, Blackpool, Lancashire, FY43
£90002/250.43 mi-3
£83004/250.43 mi-3
£70002/240.44 miHouseman Place, Blackpool, FY4 5AE3
£82503/250.45 mi-3
£95004/240.46 miHarris Avenue, FY1 6NJ3
£72504/240.47 miAnsdell Road, Blackpool3
£75005/240.48 mi-3
£1,10003/250.48 mi-3
£87011/240.51 mi-3
£57501/240.54 mi-3
£85004/250.54 mi-3
£78004/240.57 mi-3
£85003/250.57 mi-3
£65011/240.57 mi-3
£80012/230.58 mi-3
£95011/240.58 mi-3
£82504/240.59 miBoardman Avenue, Blackpool, FY1 6QE3

Local Area Statistics

Population in FY4

43,982

Population in Blackpool

133,713

Town centre distance

1.47 miles away

Nearest school

0.20 miles away

Nearest train station

0.90 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+58%

Sales demand

Balanced market

Capital growth (5yrs)

+12%

Property History

Price changed to £105,000

March 8, 2025

Listed for £110,000

February 10, 2025

Floor Plans

Description

  • Council Tax Band A +
  • Freehold +
  • Fitted Kitchen +
  • Family Bathroom +
  • 3 Bedrooms +
  • Enclosed Rear Garden +
  • Spacious Living Room +
  • Convenient Location +
  • Viewing Advised +

This 3 bedroom terraced property in located in the seaside town of Blackpool with great transport links such as the M6 motorway just a short drive away. The property consists of 2 specious living spaces and a fitted kitchen, with 3 spacious bedroom upstairs with the master bedroom having an en-suite bathroom.

This Terraced home is located in Blackpool with close proximity to a range of amenities, schools, shopping facilities, food/drink establishments and more. The area also offers excellent road and transport links for travel both locally and further afield.

The accommodation briefly comprises a welcoming entrance way, a spacious living room, spacious dining room and a fitted kitchen.

To the first floor is an inviting landing area through to three well-proportioned bedrooms and a three-piece bathroom with a separate WC.

Externally, the property benefits from a rear yard.

This home is an excellent find. We anticipate a high amount of interest and as such we would recommend that any interested buyers inquire to arrange a viewing at the earliest convenience to ensure the opportunity is not missed.

Premium Fast Sale

The innovative Premium Fast Sale Plus method from Springbok Properties is a secure and straightforward way to buy property. It works like a typical sale, with a number of added benefits to the buyer.

Benefits

o Carefully implemented security measures
o A speedy process
o Realistically priced properties
o A Buy it Now option (ask for further information on this feature from our advisors)
o A significantly reduced chance of fall-throughs
o No risk of being "gazumped"
o The full focus of our highly motivated team

Springbok Properties' Premium Fast Sale Plus puts you in the driving seat thanks to our fast and secure methods.

All properties are competitively priced and carefully managed by motivated sellers for a quick, stress-free transaction.

Deposit

Sales can be secured with a reservation deposit of £2,500. This forms part of the final purchase price and is NOT an extra cost.

This deposit ensures that the property is taken off the market as soon as a sale is agreed. It is then exclusively reserved for you, eliminating gazumping, time wasting and financial loss.

An administration fee of £396 is required in order to draw up an exclusive legally binding contract between the buyer and seller. This gives the buyer exclusive rights to purchase within a pre-agreed timeframe.

Exclusivity

Following the payment of the above amount, Springbok Properties will facilitate a fixed exclusivity period (approximately 12 weeks). During this time, surveys should be arranged and preparations made for the exchange of contracts. The property will be reserved, so there will be no risk of gazumping.

Process

Our Premium Fast Sale Plus follows the below process:

STEP 1 - Register your interest
STEP 2 - Prepare your finances for the purchase
STEP 3 - Arrange a viewing
STEP 4 - Make an offer
STEP 5 - Secure your sale using our secure system
STEP 6 - Exchange and complete

Don't miss out on the chance to purchase this property. Call us today for further information and to arrange a viewing.

If you're interested in this property, we urge you to contact us immediately to arrange an early viewing and get the process started. This will help you to avoid missing out on this opportunity.

Springbok Properties' innovative Premium Fast Sale Plus is a secure and straightforward way to buy property.

Please note: to ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes.

Please call us now to book an appointment.

We highly recommend early viewing as this property is priced relatively low and is likely to generate quite an interest.

Please call us now to book an appointment.

Call Recording

Please note to ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes.

Disclaimer

Springbok Properties for itself and the Vendors or lessors of properties for whom they act give notice that:

The details shown on this website are a general outline for the guidance of intending purchasers, and do not constitute, nor constitute part of, an offer or contract or sales particulars. All descriptions, dimensions, references to condition and other details are given in good faith and are believed to be correct but any intending purchasers should not rely on them as statements or representations of fact but must satisfy themselves by inspection, searches, survey, enquiries or otherwise as to their correctness. We have not been able to test any of the building service installations and recommend that prospective purchasers arrange for a qualified person to check them before entering into any commitment. Further, any reference to, or use of any part of the properties is not a statement that any necessary planning, building regulations or other consent has been obtained. All photographs shown are indicative and cannot be guaranteed to represent the complete interior scheme or items included in the sale. No person in our employment has any authority to make or give any representation or warranty whatsoever in relation to this property.

TENURE

To be confirmed by the Vendor's Solicitors

Note

The price given is a marketing price and not an indication of the property's market value. The vendor like any seller is looking to achieve the maximum price possible. Hence, by making an enquiry on this property, you recognise and understand that this property is strictly offers in excess of the marketing price provided.

How to View this Property

Viewing is strictly by appointment please call us now for bookings.

AML REGULATIONS & PROOF OF FUNDING: Any proposed purchasers will be asked to provide identification and proof of funding before any offer is accepted. We would appreciate your co-operation with this to ensure there are no delays in agreeing the sale.

Agent Details

Springbok Properties, Nationwide

0161 416 6302

Next Steps?

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