3 Bed Semi-Detached House, Refurb/BRRR, Poulton-le-Fylde, FY6 7EW, £160,000

Argyle Road, Poulton-Le-Fylde, FY6 7EW - 2 months ago

Refurb/BRRR
ROI: 2%
~93 m²
+12 photos

ValuationUndervalued

Sold Prices£72.5K - £537K
Sold Prices/m²£815/m² - £6.9K/m²

 

 

Square Metres

~93 m²
Price/m²£1.7K/m²

Value Estimate

£165,000

 

 

End Value (After Refurb)

£178,546

Uplift in Value

+8%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£6,150

Refurb Costs

£37,767

Bridging Loan Interest

£4,200

Total Cash In

£89,867

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£178,546

Mortgage (After Refinance)

£133,909

Mortgage LTV

75%

Cash Released

£13,909

Cash Left In

£75,958

Equity

£44,636

Rent Range

£750 - £1,100

Rent Estimate

£895

Running Costs/mo

£757

Cashflow/mo

£138

Cashflow/yr

£1,657

ROI

2%

Gross Yield

7%

Local Sold Prices

50 sold prices from £72.5K to £537K, average is £190K. £815/m² to £6.9K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£72.5K03/230 mi33, Argyle Road, Poulton-le-fylde, Lancashire FY6 7EW3
£174K03/210 mi37, Argyle Road, Poulton-le-fylde, Lancashire FY6 7EW3
£150K04/230.05 mi85, Garstang Road East, Poulton-le-fylde, Lancashire FY6 8HL3
£120K03/210.05 mi1, Curzon Road, Poulton-le-fylde, Lancashire FY6 7EL3
£150K11/210.05 mi35, Curzon Road, Poulton-le-fylde, Lancashire FY6 7EL3
£136.5K07/210.06 mi21, Westwood Avenue, Poulton-le-fylde, Lancashire FY6 7EN3
£350K09/210.13 mi18, Lower Green, Poulton-le-fylde, Blackpool FY6 7JL3
£137K08/210.13 mi15, First Avenue, Poulton-le-fylde, Lancashire FY6 7JW3
£157K10/210.13 mi26, Holts Lane, Poulton-le-fylde, Lancashire FY6 8HN3
£190K10/200.14 mi5, Hayfield Avenue, Poulton-le-fylde, Lancashire FY6 7JH3
£180K06/210.15 mi42, Sheringham Way, Poulton-le-fylde, Lancashire FY6 7EE3
£177K02/210.15 mi57, Sheringham Way, Poulton-le-fylde, Lancashire FY6 7EE3
£159K10/230.15 mi36, Sheringham Way, Poulton-le-fylde, Lancashire FY6 7EE3
£178K01/230.19 mi6, Garden Close, Poulton-le-fylde, Lancashire FY6 7JP3
£203.5K11/220.19 mi4, Garden Close, Poulton-le-fylde, Lancashire FY6 7JP3
£190K12/200.19 mi30, Station Road, Poulton-le-fylde, Lancashire FY6 7JQ3
£183K07/220.19 mi46, Station Road, Poulton-le-fylde, Lancashire FY6 7JQ3
£215K01/230.19 mi24, Station Road, Poulton-le-fylde, Lancashire FY6 7JQ3
£175K10/210.19 mi38, Station Road, Poulton-le-fylde, Lancashire FY6 7JQ3
£200K02/210.2 mi58, Garstang Road East, Poulton-le-fylde, Lancashire FY6 7EH3
£164.9K05/210.21 mi7, Kings Close, Poulton-le-fylde, Lancashire FY6 8HH3
£120K12/200.23 mi19, Haworth Crescent, Poulton-le-fylde, Lancashire FY6 7JG3
£169.9K10/210.24 mi5, Haworth Crescent, Poulton-le-fylde, Lancashire FY6 7JG3
£124.5K08/220.25 mi23, Princess Avenue, Poulton-le-fylde, Lancashire FY6 8HG3
£305K12/200.31 mi33, Low Cross Road, Poulton-le-fylde, Lancashire FY6 8EA3
£187.5K02/230.33 mi14, Taywood Close, Poulton-le-fylde, Lancashire FY6 7EY3
£340K12/220.34 mi4, Vicarage Road, Poulton-le-fylde, Lancashire FY6 7BE3
£500K06/210.34 mi60, Moorland Road, Poulton-le-fylde, Lancashire FY6 7EU3
£250K12/220.34 mi7, Station Road, Poulton-le-fylde, Lancashire FY6 7HU3
£217K04/210.34 mi41, Station Road, Poulton-le-fylde, Lancashire FY6 7HU3
£215K06/210.37 mi5, Prudy Hill, Poulton-le-fylde, Lancashire FY6 7BD3
£167K02/230.37 mi29, Moorway, Poulton-le-fylde, Lancashire FY6 7EX3
£360K01/230.38 mi107, Hardhorn Road, Poulton-le-fylde, Lancashire FY6 8AY3
£210K12/220.4 mi15, Elm Avenue, Poulton-le-fylde, Lancashire FY6 7SP3
£175K05/210.4 mi3, Elm Avenue, Poulton-le-fylde, Lancashire FY6 7SP3
£250K06/230.4 mi2, Elm Avenue, Poulton-le-fylde, Lancashire FY6 7SP3
£535K10/220.4 mi58, Carr Head Lane, Poulton-le-fylde, Lancashire FY6 8EG3
£537K06/230.4 mi113, Carr Head Lane, Poulton-le-fylde, Lancashire FY6 8EG3
£375K12/220.42 mi16, Park Road, Poulton-le-fylde, Lancashire FY6 7JD3
£225K03/230.43 mi3, Moorland Gardens, Poulton-le-fylde, Lancashire FY6 7HD3
£299.9K12/220.45 mi1, Lime Grove, Poulton-le-fylde, Lancashire FY6 8EL3
£219.9K03/210.5 mi67, Westby Way, Poulton-le-fylde, Lancashire FY6 8AD3
£205K09/210.5 mi47, Westby Way, Poulton-le-fylde, Lancashire FY6 8AD3
£202.5K01/210.51 mi18, Alder Grove, Poulton-le-fylde, Lancashire FY6 8EH3
£335K12/220.52 mi9, Stanley Avenue, Poulton-le-fylde, Lancashire FY6 7DP3
£450K12/200.53 mi21, Derby Road, Poulton-le-fylde, Lancashire FY6 7AF3
£247.5K06/210.53 mi4, Derby Road, Poulton-le-fylde, Lancashire FY6 7AF3
£172.5K05/210.55 mi41, Rutland Avenue, Poulton-le-fylde, Lancashire FY6 7SB3
£145K10/220.55 mi3, Rutland Avenue, Poulton-le-fylde, Lancashire FY6 7SB3
£140K12/200.56 mi11, Hodder Way, Poulton-le-fylde, Lancashire FY6 8AQ3

Local Rents

12 rents from £750/mo to £1.1K/mo, average is £873/mo.

RentDateDistanceAddressBeds 
£89503/250.04 mi-3
£79504/240.05 mi-3
£99512/240.12 miHayfield Avenue, Poulton-Le-Fylde3
£82512/240.15 miSheringham Way,Poulton-Le-Fylde,FY63
£92504/240.22 miPoulton Gardens, Poulton-Le-Fylde3
£1,10010/240.5 mi-3
£82512/240.5 miPLEASE TELEPHONE FOR VIEWINGS- 29 Westby Way, Poulton-Le-Fylde, FY6 8AD3
£1,00003/250.5 mi-3
£75004/240.57 miBlackpool Old Road, Poulton-Le-Fylde, Lancashire, FY63
£85012/240.62 miCompley Avenue,Poulton-Le-Fylde,FY63
£97512/240.62 miCompley Avenue, Poulton-Le-Fylde, Lancashire, FY63
£80004/240.62 miCompley Avenue, Poulton-Le-Fylde3

Local Area Statistics

Population in FY6

27,751

Town centre distance

0.12 miles away

Nearest school

0.20 miles away

Nearest train station

0.39 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

-9%

Sales demand

Buyer's market

Capital growth (5yrs)

+12%

Property History

Price changed to £160,000

March 20, 2025

Listed for £165,000

February 10, 2025

Floor Plans

Description

NO CHAINREQUIRES MODERNISATION** Three bedroom semi-detached property for sale on Argyle Road in Poulton. The property requires modernisation and is ideally located to Poulton town centre and transport links. Property benefits from a spacious lounge, a large rear garden and driveway parking. The property briefly comprises; Hallway, lounge, kitchen, dining room, landing, three bedrooms, bathroom, front and rear garden and driveway parking. CALL TO VIEW

GROUND FLOOR

HALLWAY
UPVC double glazed window and door to the front aspect and two radiators.

LOUNGE
6.02m x 3.33m (19'9 x 10'11)
UPVC double glazed window to front and rear aspect and radiator.

KITCHEN
3.12m x 2.36m (10'3 x 7'9)
UPVC double glazed window to the rear aspect and door to the side aspect. Fitted with wall and base units, sink and drainer with mixer tap, space for oven and fridge freezer and plumbed for washer.

DINING ROOM
3.12m x 2.36m (10'3 x 7'9)
UPVC double glazed window to the side aspect, radiator and storage cupboard housing boiler.

FIRST FLOOR

LANDING
UPVC double glazed window to the side aspect and loft hatch.

BEDROOM ONE
3.35m x 3.26m (11'0 x 10'8)
UPVC double glazed windows to front aspect

BEDROOM TWO
3.33m x 2.75m (10'11 x 9'0)
UPVC double glazed window to rear aspect.

BEDROOM THREE
2.37m x 2.25m (7'9 x 7'5)
UPVC double glazed window to the rear aspect.

BATHROOM
2.35m x 1.49m (7'9 x 4'11)
UPVC double glazed opaque window to the front aspect, panelled bath, wash hand basin and low flush wc and storage cupboard.

EXTERNAL

FRONT
Driveway parking, mature trees and shrubs, mainly paved.

REAR
Large rear garden, paved areas and mature trees/shrubs.

TENURE
We have been informed that the property is Freehold; prospective purchasers should seek clarification of this from their solicitors.

VIEWINGS
Viewings are strictly by appointment through the agents office.

All measurements are approximate and for illustrative purposes only. Digital images are reproduced for general information only and must not be inferred that any item shown is included for sale with the property. We have been unable to confirm if services / items in the property are in full working order. The property is offered for sale on this basis. Prospective purchasers are advised to seek expert advice where appropriate.

Agent Details

The Square Room, Fylde Coast

01253 835668

Next Steps?

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