3 Bed Semi-Detached House, Motivated Seller, Blackpool, FY3 7QF, £125,000

Convent Crescent, Blackpool, Lancashire, FY3 7QF - 4 views - 3 months ago

Sold STC
Motivated
BTL
ROI: 7%
~93 m²
+10 photos

ValuationUndervalued

Sold Prices£69K - £355K
Sold Prices/m²£625/m² - £3.2K/m²

 

 

Square Metres

~93 m²
Price/m²£1.3K/m²

Value Estimate

£143,019
BMV14%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£31,250

Stamp Duty & Legal Fees

£4,950

Total Cash In

£36,200

 

 

Cash Out

 

Rent Range

£725 - £1,150

Rent Estimate

£767

Running Costs/mo

£564

Cashflow/mo

£203

Cashflow/yr

£2,436

ROI

7%

Gross Yield

7%

Local Sold Prices

50 sold prices from £69K to £355K, average is £127K. £625/m² to £3.2K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£95K03/210.05 mi26, Furness Avenue, Blackpool FY3 7QQ3
£90K05/230.05 mi4, Elgin Place, Blackpool FY3 7RY3
£90K02/210.19 mi14, Bathurst Avenue, Blackpool FY3 7RL3
£147K06/210.22 mi19, Warwick Place, Blackpool, Lancashire FY3 7SS3
£86K05/210.22 mi21, Marlhill Road, Blackpool FY3 7TG3
£115K04/230.23 mi8, Newton Place, Blackpool, Lancashire FY3 7PT3
£105K03/210.23 mi15, Newton Place, Blackpool, Lancashire FY3 7PT3
£167.5K09/210.23 mi10, Tarnbrook Drive, Blackpool FY3 7QA3
£93.5K03/210.25 mi99, Argosy Avenue, Blackpool FY3 7NG3
£162K03/210.26 mi44, Ledbury Road, Blackpool, Lancashire FY3 7SP3
£126K04/230.27 mi4, Moresby Avenue, Blackpool, Lancashire FY3 7ST3
£129.9K11/200.27 mi12, Moresby Avenue, Blackpool, Lancashire FY3 7ST3
£110K06/210.27 mi68, Chepstow Road, Blackpool FY3 7PJ3
£128K04/210.29 mi16, Ravenswood Avenue, Blackpool FY3 7SJ3
£85K02/230.29 mi14, Hockley Place, Blackpool FY3 7NY3
£225K09/210.31 mi12, Normoss Avenue, Blackpool, Lancashire FY3 7PU3
£225K10/220.33 mi2, Heron Way, Blackpool FY3 8FB3
£230K11/210.34 mi143, Poulton Road, Blackpool FY3 7JJ3
£125K05/210.34 mi77, Poulton Road, Blackpool FY3 7JJ3
£175K06/230.34 mi147, St Walburgas Road, Blackpool FY3 7EY3
£185K12/220.35 mi187, St Walburgas Road, Blackpool FY3 7EF3
£305K09/210.35 mi263, Newton Drive, Blackpool FY3 8PY3
£155K03/230.36 mi14, Ravenswood Avenue, Blackpool, Lancashire FY3 7SJ3
£122K01/210.37 mi2, St Bernard Avenue, Blackpool FY3 7EH3
£160.5K06/210.38 mi26, Ravens Close, Blackpool, Lancashire FY3 7SL3
£145K01/230.39 mi522, Blackpool Old Road, Blackpool FY3 7LW3
£255K11/200.39 mi231, Normoss Road, Blackpool, Lancashire FY3 8QW3
£101K01/210.39 mi374, Garstang Road West, Blackpool FY3 7JH3
£285K01/230.39 mi166, Normoss Road, Blackpool, Lancashire FY3 8QW3
£69K12/200.39 mi70, Scorton Avenue, Blackpool FY3 7HD3
£140K02/230.4 mi372, Garstang Road West, Blackpool FY3 7JH3
£185K01/230.4 mi14, Burnsall Avenue, Blackpool FY3 7LQ3
£105K07/230.4 mi47, Tynedale Road, Blackpool FY3 7UE3
£110K07/230.4 mi435, Blackpool Old Road, Blackpool FY3 7LN3
£100K12/220.41 mi33, Tynedale Road, Blackpool FY3 7UE3
£232K07/210.42 mi73, Poulton Old Road, Blackpool FY3 7LB3
£355K05/230.42 mi61, Poulton Old Road, Blackpool FY3 7LB3
£182K07/230.42 mi16, Furlong Crescent, Blackpool FY3 7LP3
£95K03/230.43 mi85, Grange Road, Blackpool FY3 8PJ3
£121K06/210.43 mi55, Kendal Avenue, Blackpool FY3 7LG3
£132K07/210.43 mi10, Dobson Road, Blackpool, Lancashire FY3 7SH3
£115K04/210.44 mi4, Beckway Avenue, Blackpool FY3 8JY3
£136K07/210.44 mi15, Bideford Avenue, Blackpool FY3 8PU3
£120K04/230.45 mi76, Lakeway, Blackpool FY3 8PF3
£124K07/210.46 mi207, Kingscote Drive, Blackpool FY3 7EW3
£108K06/230.46 mi59, Carleton Avenue, Blackpool FY3 7JN3
£91K01/210.46 mi13, Carleton Avenue, Blackpool FY3 7JN3
£114.5K11/200.46 mi62, Carleton Avenue, Blackpool FY3 7JN3
£132K03/210.46 mi28, Avenue Road, Blackpool FY3 7SG3
£160K03/210.46 mi9, Avenue Road, Blackpool, Lancashire FY3 7SG3

Local Rents

21 rents from £725/mo to £1.1K/mo, average is £875/mo.

RentDateDistanceAddressBeds 
£72504/240.08 mi-3
£79504/240.25 miArgosy Avenue, Blackpool, Lancashire, FY33
£72502/240.27 mi-3
£90002/250.27 mi-3
£1,05012/240.28 mi-3
£1,10003/250.28 mi-3
£1,15004/240.4 miWindsor Road, Blackpool3
£95004/240.44 mi-3
£95005/240.44 mi-3
£95004/240.44 miWades Court, Blackpool, FY33
£79504/240.44 miBeckway Avenue, Blackpool3
£80003/250.44 mi-3
£82505/240.47 mi-3
£82504/240.47 miMeyler Avenue, Blackpool, FY33
£82504/240.47 miCarleton Avenue, Blackpool3
£95008/230.48 mi-3
£80004/240.53 miBurwood Drive, FY3 8NS3
£87510/230.53 mi-3
£1,00004/250.55 mi-3
£75004/240.58 miSchofield Avenue, Blackpool, FY3 8QD3
£92504/240.59 mi-3

Local Area Statistics

Population in FY3

31,569

Population in Blackpool

133,713

Town centre distance

0.96 miles away

Nearest school

0.10 miles away

Nearest train station

0.66 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+2%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Listed for £125,000

February 11, 2025

Floor Plans

Description

  • Freehold, Council Tax Band A +
  • Ideal For All Buyers +
  • Dinning Room With Patio Doors +
  • No Chain, Ready To Move In +
  • Seaside Location +
  • Close To Local Amenities, Schools & The Beach +
  • Excellent Road & Transport Links +
  • Enclosed Rear Garden +
  • Off Road Parking +
  • Viewing Highly Advised! +

This property is ideal for all buyers, offering NO CHAIN and a perfect blend of modern updates and prime location. Recently renovated to a high standard, it features a welcoming entrance, a spacious living room, and a well-equipped kitchen with a dining area. Situated in the heart of Blackpool, this home provides easy access to a wide range of amenities, transport options, and road links. Plus, you'll be just a short distance from the scenic sea front and the famous Blackpool Pleasure Beach, making it the perfect spot to enjoy both convenience and coastal charm.

This three bedroom semi-detached family 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, a fitted kitchen coupled with a dinning room.

To the first floor is an inviting landing area through to three well-proportioned bedrooms and a three-piece bathroom with a tub-shower combination, a hand wash basin and a WC.

Externally, the property benefits from a low maintained enclosed garden.

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 💪