3 Bed Terraced House, Single Let, Blackpool, FY4 4PB, £90,000

189 Newhouse Road, Blackpool - 3 views - 3 months ago

Under Offer

Leasehold

BTL

ROI: 12%

75 m²

+4 photos

ValuationUndervalued

Sold Prices	£85K - £245K
Sold Prices/m²	£1.1K/m² - £3.4K/m²

Square Metres	75 m²
Price/m²	£1.2K/m²
Value Estimate	£111,600£111,600
BMV	24%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£22,500£22,500
Stamp Duty & Legal Fees	£3,900£3,900
Total Cash In	£26,400£26,400

Cash Out
Rent Range	£650 - £1,350£650 - £1,350
Rent Estimate	£699
Running Costs/mo	£441£441
Cashflow/mo	£258£258
Cashflow/yr	£3,095£3,095
ROI	12%12%
Gross Yield	9%9%

Local Sold Prices

50 sold prices from £85K to £245K, average is £139K. £1.1K/m² to £3.4K/m², average is £1.7K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£100K	07/21	0.03 mi	256, Newhouse Road, Blackpool FY4 4PA	£1,408	71	3	Terraced House
£120K	02/23	0.03 mi	226, Newhouse Road, Blackpool FY4 4PA	£1,689	71	3	Semi-Detached House
£130K	09/21	0.06 mi	12, Carson Road, Blackpool FY4 4HX	£1,529	85	3	Semi-Detached House
£208K	11/21	0.1 mi	43, Cherry Tree Road, Blackpool FY4 4NS	£2,502	83	3	Semi-Detached House
£160K	06/23	0.12 mi	27, Sunningdale Avenue, Blackpool FY4 4HU	£2,098	76	3	Semi-Detached House
£160K	09/21	0.12 mi	47, Sunningdale Avenue, Blackpool FY4 4HU	£1,882	85	3	Semi-Detached House
£122K	08/21	0.15 mi	150, Penrose Avenue, Blackpool FY4 4JX	-	-	3	Terraced House
£117.5K	03/21	0.18 mi	3, Winton Avenue, Blackpool FY4 4HT	£1,351	87	3	Semi-Detached House
£98K	11/20	0.19 mi	63, Devona Avenue, Blackpool FY4 4NU	£1,441	68	3	Terraced House
£100K	11/22	0.24 mi	1, Senior Avenue, Blackpool FY4 4LE	£1,235	81	3	Terraced House
£155K	01/24	0.24 mi	40, Rosedale Avenue, Blackpool FY4 4HR	£2,039	76	3	Terraced House
£138K	12/23	0.24 mi	10, Rosedale Avenue, Blackpool FY4 4HR	£1,725	80	3	Terraced House
£125K	11/20	0.24 mi	12, Rosedale Avenue, Blackpool FY4 4HR	£1,126	111	3	Terraced House
£156K	12/22	0.25 mi	74, Penrose Avenue, Blackpool FY4 4JT	£2,026	77	3	Detached House
£124K	05/21	0.25 mi	14, Mereland Road, Blackpool FY3 9NF	£1,425	87	3	Semi-Detached House
£106K	11/20	0.26 mi	7, Saxby Grove, Blackpool FY4 4LA	£1,767	60	3	Semi-Detached House
£165K	06/23	0.28 mi	23, Patterdale Avenue, Blackpool FY3 9QT	£1,737	95	3	Semi-Detached House
£128K	07/21	0.28 mi	10, Rosemede Avenue, Blackpool FY4 4HP	-	-	3	Terraced House
£133.5K	03/23	0.28 mi	33, Rosemede Avenue, Blackpool FY4 4HP	£1,734	77	3	Terraced House
£88K	11/20	0.29 mi	23, Elaine Avenue, Blackpool FY4 4LD	-	-	3	Terraced House
£139.9K	11/22	0.33 mi	20, Ailsa Avenue, Blackpool FY4 4HW	£2,058	68	3	Terraced House
£112.5K	04/21	0.34 mi	6, Dalkeith Avenue, Blackpool FY3 9SS	£1,406	80	3	Terraced House
£144K	02/21	0.36 mi	68, Preston New Road, Blackpool FY4 4HG	£1,440	100	3	Semi-Detached House
£199.9K	02/21	0.37 mi	174, Preston Old Road, Blackpool FY3 9QY	£2,000	100	3	Semi-Detached House
£170K	04/23	0.39 mi	47, Patterdale Avenue, Blackpool FY3 9QR	£1,807	94	3	Semi-Detached House
£110K	09/21	0.39 mi	2, Barclay Avenue, Blackpool FY4 4HH	-	-	3	Terraced House
£160K	05/21	0.39 mi	34, Barclay Avenue, Blackpool FY4 4HH	£2,286	70	3	Semi-Detached House
£85K	03/21	0.39 mi	2, Barclay Avenue, Blackpool FY4 4HH	-	-	3	Terraced House
£245K	02/21	0.4 mi	159a, Cherry Tree Road, Blackpool FY4 4PQ	-	-	3	Semi-Detached House
£134K	04/21	0.41 mi	58, Lancaster Road, Blackpool FY3 9ST	£1,519	88	3	Terraced House
£105K	02/23	0.41 mi	54, Lancaster Road, Blackpool FY3 9ST	-	-	3	Terraced House
£156.5K	04/21	0.42 mi	26, Barmouth Avenue, Blackpool FY3 9SL	£2,032	77	3	Terraced House
£134K	11/20	0.42 mi	25, Barmouth Avenue, Blackpool FY3 9SL	£1,457	92	3	Terraced House
£179K	05/23	0.42 mi	33, Barmouth Avenue, Blackpool FY3 9SL	£2,355	76	3	Terraced House
£156.5K	04/21	0.42 mi	26, Barmouth Avenue, Blackpool FY3 9SL	£2,032	77	3	Terraced House
£167.5K	01/23	0.42 mi	3, Barmouth Avenue, Blackpool FY3 9SL	-	-	3	Terraced House
£137K	04/23	0.43 mi	62, Newhouse Road, Blackpool FY4 4JJ	£1,930	71	3	Semi-Detached House
£165K	11/21	0.43 mi	7, Swift Close, Blackpool FY3 9PE	£1,571	105	3	Semi-Detached House
£175K	04/21	0.44 mi	1a, Clifton Avenue, Blackpool FY4 4RF	£1,549	113	3	Detached House
£225K	05/21	0.44 mi	34, Clifton Avenue, Blackpool FY4 4RF	£3,358	67	3	Detached House
£145K	01/21	0.44 mi	46, Mooretree Drive, Blackpool FY4 4LL	£1,593	91	3	Semi-Detached House
£170.5K	12/22	0.44 mi	3, Clifton Avenue, Blackpool FY4 4RF	-	-	3	Semi-Detached House
£159.9K	06/23	0.44 mi	71, Worcester Road, Blackpool FY3 9SY	£1,739	92	3	Terraced House
£124.5K	01/21	0.44 mi	87, Worcester Road, Blackpool FY3 9SY	£1,448	86	3	Terraced House
£130K	09/21	0.44 mi	65, Worcester Road, Blackpool FY3 9SY	-	-	3	Terraced House
£175K	01/23	0.44 mi	46, Quernmore Avenue, Blackpool FY3 9SU	-	-	3	Terraced House
£149.9K	11/23	0.45 mi	25, Angers Hill Road, Blackpool FY4 4DG	£1,442	104	3	Semi-Detached House
£157K	04/23	0.45 mi	6, Lulworth Avenue, Blackpool FY3 9SN	-	-	3	Terraced House
£106K	06/21	0.45 mi	3, Lulworth Avenue, Blackpool FY3 9SN	£1,472	72	3	Terraced House
£129.9K	01/21	0.45 mi	2, Bassenthwaite Road, Blackpool FY3 9UJ	-	-	3	Semi-Detached House

Local Rents

10 rents from £650/mo to £1.4K/mo, average is £825/mo.

Rent	Date	Distance	Address	Beds	Type
£800	12/23	0.01 mi	-	3	Semi-Detached House
£800	04/24	0.42 mi	Phillip Street, Blackpool, Lancashire, FY4	3	Terraced House
£1,350	12/24	0.45 mi	-	3	Detached House
£850	04/24	0.49 mi	Sedbergh Avenue, Blackpool	3	Terraced House
£650	04/24	0.5 mi	Sedburgh Avenue, Blackpool	3	Terraced House
£795	04/24	0.52 mi	St. Edmunds Road, Blackpool	3	Semi-Detached House
£895	12/24	0.59 mi	-	3	Terraced House
£975	03/25	0.59 mi	-	3	Terraced House
£895	05/24	0.59 mi	Vicarage Lane, Blackpool, FY4	3	Terraced House
£800	04/24	0.59 mi	Southbank Avenue, Blackpool, FY4 5BU	3	Terraced House

Local Area Statistics

Population in FY4	43,98243,982
Population in Blackpool	133,713133,713
Town centre distance	1.07 miles away1.07 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	1.46 miles away1.46 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+58%+58%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+12%+12%

Property History

Listed for £90,000

February 11, 2025

Floor Plans

Description

No Onward Chain +
Popular Residential Area Within Close Proximity To Local Schools, Shops And Transport Links +
Fantastic Investment Opportunity +
Hallway, Lounge, Kitchen, Utility Room, Rear Porch +
3 Bedrooms, 3 Piece Suite Bathroom +
Off Road Parking, South Facing Garden +

Nestled in a popular residential area, this 3-bedroom end of terrace house presents an ideal opportunity for homeowners and investors alike. Boasting a prime location with close proximity to local schools, shops, and transport links, this property offers convenience and accessibility. The interior comprises a hallway leading to a lounge, kitchen, utility room, and rear porch. Upstairs, three well-appointed bedrooms and a three-piece suite bathroom provide comfortable living spaces. Offering the added benefit of off-road parking and a south-facing garden, this property is a rare find in today's market, especially with the added advantage of no onward chain, making this a fantastic investment prospect.

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 💪

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